Dublin, July 29, 2024 (GLOBE NEWSWIRE) -- The "Digital Battlefield - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Digital Battlefield is estimated at US$55.0 Billion in 2023 and is projected to reach US$165.7 Billion by 2030, growing at a CAGR of 17.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The digital battlefield offers numerous strategic advantages, including enhanced situational awareness, improved communication channels, and faster decision-making capabilities, all of which significantly increase the lethality and survivability of forces. Advanced training techniques, such as virtual and augmented reality, are also supported within this framework, preparing soldiers for a diverse range of combat scenarios and enabling continuous learning and adaptation.
Additionally, the integration of digital technologies such as UAVs, sensors, and advanced communication systems provides comprehensive surveillance capabilities that bolster situational awareness. The network-centric nature of modern digital battlefields ensures that all elements of military operations are interconnected, enhancing collaborative tactics and strategic coordination.
This holistic approach not only optimizes resource utilization and operational costs but also ensures that military forces are agile, responsive, and effective against both traditional and asymmetric threats.
Key Questions Answered:
- How is the Global Digital Battlefield Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Digital Battlefield Hardware segment, which is expected to reach US$88.9 Billion by 2030 with a CAGR of a 15.7%. The Digital Battlefield Software segment is also set to grow at 19.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $14.7 Billion in 2023, and China, forecasted to grow at an impressive 15.9% CAGR to reach $24.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Airbus Defence and Space - Intelligence, Atos SE, BAE Systems PLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 210 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $55 Billion |
Forecasted Market Value (USD) by 2030 | $165.7 Billion |
Compound Annual Growth Rate | 17.1% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Digital Battlefield - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Integration of AI and IoT Expands Capabilities in Digital Battlefield Systems
- Military Strategy Skews Towards Increasing Use of Autonomous Weapon Systems
- Enhanced Virtual Training Systems Generate Demand for Advanced Simulation Technologies
- Satellite Communication Enhancements & Next-Generation Wireless Technologies Expand Addressable Market in Combat Scenarios
- Increased Government Spending in Defense Innovation Spurs Growth in the Market
- Growing Threat of Cyber Warfare Accelerates Investment in Secure Communication Systems
- Drone Warfare and Its Impact on Future Combat Scenarios
- Development of Wearable Combat Technology Enhances Soldier Performance
- Integration of Blockchain for Secure Military Logistics and Supply Chain Management
- AI-Enabled Predictive Maintenance Drives Adoption in Military Vehicles and Equipment
- Data Privacy Issues Plague Military Communications Systems
FOCUS ON SELECT PLAYERS(Total 23 Featured)
- Airbus Defence and Space - Intelligence
- Atos SE
- BAE Systems PLC
- Booz Allen Hamilton. Inc.
- Elbit Systems Deutschland GmbH & Co. KG
- Israel Aerospace Industries Ltd.
- Northrop Grumman Corporation
- Thales Group
- Wind River Systems, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/dclbul
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