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Command & Control Systems: $35.65 Billion Worldwide Markets, 2022 - ResearchAndMarkets.com
The "Command
and Control Systems Market by Platform (Airborne C2, Land C2, Maritime
C2, Space C2), Solution (C2 Hardware, C2 Software, C2 Services),
Application (Defense, Commercial), and Region (NA, EU, APAC, ME, Row) -
Global Forecast to 2022" report has been added to ResearchAndMarkets.com's
offering.
The command and control systems market is estimated at USD 29.10 Billion
in 2017, and is projected to reach USD 35.65 Billion by 2022, at a CAGR
of 4.15% from 2017 to 2022.
The integration of command and control systems into existing platforms
is projected to drive the market. Integration facilitates data sharing
and advance intelligence capabilities which provide operational planning
capabilities. Various technological advancements in the market, such as
big data analytics and cloud computing, among others are expected to
lead to the development of commercial command and control systems.
The growth rates of markets in North America and Europe are expected to
be considerably low during the forecast period, owing to decreased
demand in these regions for command and control systems. The high cost
involved in the development and maintnance of command and control
systems is expected to act as a restraint for the growth of the market.
On the basis of application, the defense segment in the command and control systems market is projected to account for the largest share during the forecast period. The usage of these systems in various military and homeland security applications is expected to lead to the high demand for these systems. On the basis of platform, the land segment is estimated to lead the market in terms of market size in 2017 and is expected to continue to lead over the next five years. Investments in various commercial installations for security management are expected to lead to the growth of the command and control systems market. On the basis of solution, the software type segment in the command and control systems market is projected to account for the largest share during the forecast period. Physical Security Information Management (PSIM), signaling & traffic management, infrastructure safety & security management, and military situational awareness are the major types of software systems being used in the market. Companies Profiled
For more information about this report visit https://www.researchandmarkets.com/research/llmjvs/command_and?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20181009005534/en/ |
