USD 6.67 Billion
Military Computers Market Size, Share, Growth Analysis, By Type(Rugged Computers, and Embedded Computers), By Platform(Ground, Airborne, and Naval), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20A2261 |
Region:
Global |
Published Date: May, 2024
Pages:
202
|Tables:
62
|Figures:
69
Military Computers Market Insights
Global Military Computers Market size was valued at USD 6.67 Billion in 2022 and is expected to grow from USD 7.60 Billion in 2023 to reach USD 11.37 Billion by 2031, at a CAGR of 6.9% during the forecast period (2024-2031).
The demand for advanced computing capabilities in defence operations, modernization initiatives, and rising defence budgets have all contributed to the expansion of the global military computer systems market. The need for cutting-edge military computer systems is being driven by the numerous nations that are funding defence modernization initiatives. By using cutting-edge technologies, these initiatives seek to improve the capabilities of the armed forces.
The need for military computer systems with strong cybersecurity characteristics has increased due to the frequency and sophistication of cyberattacks. A vital component of contemporary military operations is secure communication and data security. One interesting development is the incorporation of AI into military computer systems. Artificial Intelligence (AI) technologies are used for data processing, decision assistance, and increasing unmanned systems' autonomy.
Military computer system development and design are being impacted by the idea of network-centric combat. Real-time data sharing, coordination, and cross-platform decision-making are made possible by interconnected systems. As military operations frequently take place in difficult locations, there is an increasing need for military computer systems that are ruggedized and portable. These systems are made to endure challenging field conditions.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Ground
Fastest Growth
Airborne
Growth Rate
6.9% CAGR
Global military computers market ($ Bn)
Country Share For North America Region (%)
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Military Computers Market Segmental Analysis
The Global military computers market is segmented since by Type, By Platform, By region. By type, the market is segmented into Rugged computers, Embedded computers. By Platform, the market is segmented into ground, airborne, naval. By region, the market is segmented North America, Europe, Asia Pacific, LAMEA (Latin America, Middle East & Africa, Rest of LAMEA)
Analysis By Type
Rugged Computers: Rugged computers are made to resist a variety of challenging environmental factors, such as high or low temperatures, shocks, vibrations, and exposure to dust and moisture. Rugged computers are becoming more and more popular as military missions involving difficult terrain and bad weather continue to boost demand for dependable computing solutions. Military vehicles and field-deployable systems frequently employ these computers.
Embedded Computers: For military uses, such as weaponry systems, communication apparatus, and surveillance systems, embedded computers are integrated into larger systems or devices. The performance and functionality of different military equipment are improved using embedded computers. These computers are designed to fulfil needs and space limitations, offering effective and small-sized solutions.
Analysis By Platform
Ground: Armoured cars, tanks, and command centres are just a few examples of the land-based platforms that heavily rely on military computers. The necessity for real-time data processing, navigation, and communication capabilities in ground operations is what drives the demand for military computers in land-based platforms. For use in hostile locations, ruggedized computers are essential.
Airborne: Modern computers are used in military aircraft, such as fighter jets, surveillance aircraft, and unmanned aerial vehicles (UAVs), for goal setting, navigation, and overall mission guidance. High-performance computing is required in the aviation environment for real-time coordination and decision-making. In order to guarantee the success of air operations, military computers are essential in aircraft.
Naval: The navigation, weapon control, communication, and general ship administration of naval platforms, like surface ships and submarines, depend on military computers. Défense computer systems on naval ships need to be able to survive electromagnetic interference, vibrations, and dampness since the marine environment poses special obstacles. These computer systems are always evolving as a result of advancements in naval technology.
Global military computers market By Platform
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Military Computers Market Regional Insights
In terms of market share for military computers, North America holds a 30% lead as of 2022. The United States' massive military budget and the high degree of technological breakthroughs in its military defensive systems account for its market dominance. The US spends over $801 billion on the armed forces. The market expansion in this region is being driven by significant spending on research & development for the creation of futuristic weapons and technologies. The US is the nation that spends the most on the armed forces. Over the course of the forecast period, Canada is anticipated to grow at a CAGR of 4.4%.
India and China are the two largest countries in the Asia Pacific area, which is growing at the quickest rate. In terms of military spending in 2022, China and India are placed second and third, respectively. Making their armed forces more formidable is the objective for both nations. Growth at a CAGR of 9.1% is anticipated over the projection period, bringing China's market value to US$ 2.7 billion. Over the course of the forecast period, Japan is also anticipated to increase at a 3.1% CAGR.
Russia and the United Kingdom are the top two countries in Europe in terms of military spending. Given the ongoing conflicts in Europe, there will be a rise in demand for military and defence products. Every nation aspires to have the greatest military in the world to defend itself against foreign threats. Germany is anticipated to expand throughout the projection period at a CAGR of 3.9%.
Global military computers market Geography
- Largest
- Fastest
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Military Computers Market Dynamics
Drivers
Military Technology Developments and the Growing AI Market
- An increase in the demand for cutting-edge technologies is being caused by a number of factors, including growing border tensions, the likelihood of a third world war, and the desire of all nations to develop powerful militaries equipped with cutting-edge weapons to defend their territories from invasion. The revolution in Armor and infantry is being aided by advanced computer technologies. Examples of notable developments in the military include guided missile systems, tank protection systems against rockets and explosives, enhanced biosensors for soldiers, 3D printed weapons, and others. The military's artificial intelligence (AI) market is projected to expand at a compound annual growth rate (CAGR) of 13% and reach US$ 141.22 billion by 2029. AI technology is computer-based.
Government Contribution to Defence of the Nation
- Increasing government spending on the armed forces: The military is essential to every nation's security. In addition to defending its citizens, the military carries out domestic and external policies. The government is in charge of ensuring both the economy and the safety of its citizens. A substantial budget is needed for both building and upkeep of national security, which is a high priority. It is usual to refer to these expenditures as "military spending." In 2022, the military budget totalled US$ 2113 billion.
Growing Need for Computers and Military Aircraft
- Orders for military aircraft are becoming more and more in demand. 36 Rafale fighter jets have been ordered by India from Russia; the Rs. 60000 crore transaction is nearly complete as 35 of the aircraft have already landed in India, leaving just one. Furthermore, India plans to produce fighter aircraft valued at $20 billion. The market for military computers will expand due to an increase in combat aircraft. Prospects for the Military Computers Market: Modern, cutting-edge technologies are hitting the market, such military single-board computers. It is outfitted with cutting-edge CPUs for the creation of military computers, which presents the military computer market with numerous expansion prospects.
Restraints
- There are several restrictions on the advanced military computer market that might harm the industry. The production of military computers is becoming more expensive these days, and the potential for malfunctions could restrict the expansion of the global market.
- Cyberattacks are a persistent danger to the military computer sector. Military computing systems security is a serious matter, and security breaches can have dire repercussions that prompt closer inspection and preventative action.
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Military Computers Market Competitive Landscape
A special area is included in the market analysis with a specific focus on the leading companies in the global military computers market, our knowledgeable analysts provide insights into the financial statements of these companies, taking into account important advancements, product benchmarking, and SWOT analysis. A business summary and financial information are included in the company profile section. The list of firms displayed here can be customized to match the client's unique needs. The top players in the market are assessed on the basis of their product and/or service offerings, financial statements, notable innovations, market positioning, worldwide reach, and other important factors. In addition, this part highlights the competitive risks that the top three to five competitors in the market face, as well as their strengths, weaknesses, opportunities, and threats (SWOT analysis), critical success factors, and current objectives and plans. Furthermore, the list of businesses in the market study can be customized to meet the needs of the customer. The report's competitive landscape section offers comprehensive details on the top five businesses, their rankings, current happenings, alliances, mergers and acquisitions, product launches, etc. Based on market and Ace matrix, it also describes the company's industry and regional presence.
Top Player’s Company Profile
- Elbit Systems Ltd
- Collins Aerospace
- BAE Systems
- Cobham PLC
- Curtiss-Wright Corporation
- Esterline Technologies
- Getac Technology Corporation
- L3 Technologies
- Northrop Grumman Corporation
- Panasonic Corporation
- Rockwell Collins, Inc.
- Saab
- Thales Group
- Zebra Technologies Corp.
Recent Developments
- In 2023 developments in quantum computing could have repercussions for military uses. Quantum computing has the potential to revolutionize fields like simulation and cryptography by solving complicated problems at rates that traditional computers could never match.
- In 2023 AI has been further incorporated into military computing systems, improving their capacity for autonomous operations, decision-making, and data processing. The processing of large volumes of data for military purposes is becoming more and more dependent on AI.
- Military computers may be continuously developed to improve cybersecurity characteristics, given the growing importance of cybersecurity in defence operations. This includes safeguards against online attacks and guarantees that military networks communicate securely.
Military Computers Key Market Trends
- Artificial Intelligence (AI) Integration: One major trend was the incorporation of artificial intelligence (AI) into military computer systems. Predictive maintenance, driverless cars, data analysis, and decision support systems are a few AI uses.
- Focus on Cybersecurity: Cybersecurity elements in military computers are receiving more attention as a result of the sophistication and frequency of cyberattacks growing. Resilient and secure computer platforms are essential for safeguarding critical military data.
- Network-Based Warfare: As military computers are integrated for real-time data exchange and decision-making across multiple platforms, the trend toward network-centric warfare persisted.
Military Computers Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest Analysis global military computers market is focused on the major factors influencing the military computer market globally, this report offers a thorough overview of the sector. Stakeholders may make strategic decisions and position themselves in the market with the help of the insights derived from the research technique and market analysis. Continuous observation of industry trends is advised to guarantee the most recent knowledge.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 6.67 Billion |
| Market size value in 2031 | USD 11.37 Billion |
| Growth Rate | 6.9% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Military Computers Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Military Computers Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Military Computers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Military Computers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Military Computers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Military Computers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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