Digital Battlefield Market Size, Share, Segmentation, Trends, Growth Opportunities, and Forecast 2030

Digital Battlefield Market

Digital Battlefield Market – By Platform (Airborne, Naval, and Land), By Application (Warfare Platform, Cybersecurity, Command & Control, and Predictive Maintenance), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 26-May-2021 Category: Defense & Security Report Format : PDF Pages: 120 Report Code: ZMR-6327 Status : Published

The global Digital Battlefield market, which was estimated at about 31.6 (USD Billion) in 2019 and is predicted to accrue earnings worth 73.5 (USD Billion) by 2026, is set to record a CAGR of nearly over 15.1% during 2020-2026.

Global Digital Battlefield Market Size

The global Digital Battlefield market, which was estimated at about 31.6 (USD Billion) in 2019 and is predicted to accrue earnings worth 73.5 (USD Billion) by 2026, is set to record a CAGR of nearly over 15.1% during 2020-2026. The report offers valuation and analysis of Digital Battlefield market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Digital Battlefield Market: Overview

The U.S. military has been harnessing as well as combining techniques referred to as a digital battlefield. Furthermore, the digital battlefield has become a key mechanism for creating situational awareness for the defense sector. Many of the elements of the U.S. army team such as helicopters, convoys, tanks, artillery, and fighting vehicles are connected via the digital battlefield. This has also resulted in drastic improvement in the combat strength of the U.S. army along with a large-scale decrement in the causalities of the U.S. military force.

Global Digital Battlefield Market

Digital Battlefield Market: Growth Drivers

The growth of the digital battlefield industry over the forecast period is due to the introduction of procurement programs & military updates in the defense sector witnessed in emerging economies as well as developed countries. Apart from this, the growing preference for cloud solutions in defense sector along with huge funding for military activities will proliferate the digital battlefield market size in the forthcoming years. Large-scale allocation of capital for manufacturing as well as deploying defense equipment will create massive market penetration across the globe in the upcoming years. Additionally, humungous 5G technology trends due to the large requirement for high speed data along with the massive need for equipment supporting the 5G network will promulgate the digital battlefield market surge over the upcoming years. Furthermore, the onset of big data, AI, and robotics will drive market trends. The necessity for the next gen digital battlefield products for the defense sector will open new vistas of growth for the digital battlefield industry over the assessment period.

Digital Battlefield Market: Regional Landscape

North America To Dominate Overall Market Size By 2026

The growth of the digital battlefield industry in North America over the forecast period is due to the massive use of next gen digital battlefield techniques across the countries such as Canada and the U.S. In addition to this, the formulation of strong economic policies as well as defense guidelines by government in the countries such as the U.S. will propagate the expansion of digital battlefield market in the near future. Surge in the defense expenditure by countries like the U.S. for countering external as well as internal threats along with a need for upgrading defense capabilities will multiply the regional market growth sumptuously over the projected timeline.

Digital Battlefield Market: Competitive Landscape

Key players profiled in the study include BAE Systems, Lockheed Martin Corporation, Northrop Grumman Corporation, L3Harris Technologies, Inc., Raytheon Technologies Corporation, and Thales Group.

The global Digital Battlefield Market is segmented as follows:

By Platform:

  • Airborne
  • Naval
  • Land

By Application:

  • Warfare Platform
  • Cybersecurity
  • Command & Control
  • Predictive Maintenance                

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of The Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The growth of digital battlefield industry over the forecast period is due to introduction of procurement programs & military updates in defense sector witnessed in emerging economies as well as developed countries. Apart from this, growing preference for cloud solutions in defense sector along with huge funding of military activities will proliferate digital battlefield market size in the forthcoming years. Large-scale allocation of capital for manufacturing as well as deploying defense equipment will create massive market penetration across the globe in the upcoming years. Additionally, humungous 5G technology trends due to large requirement for high speed data along with massive need of equipment supporting 5G network will promulgate digital battlefield market surge over the upcoming years. Furthermore, onset of big data, AI, and robotics will drive the market trends. Necessity for next gen digital battlefield products for defense sector will open new vistas of growth for digital battlefield industry over the assessment period.

According to Zion Market Research report, the global Digital Battlefield market, which was estimated at about 31.6 (USD Billion) in 2019 and is predicted to accrue earnings worth 73.5 (USD Billion) by 2026, is set to record a CAGR of nearly over 15.1% during 2020-2026.   

North America is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan is attributed to massive use of next gen digital battlefield techniques across the countries such as Canada and the U.S. In addition to this, formulation of strong economic policies as well as defense guidelines by government in the countries such as the U.S. will propagate the expansion of digital battlefield market in the near future. Surge in the defense expenditure by countries like the U.S. for countering the external as well as internal threats along with need for upgrading defense capabilities will multiply the regional market growth sumptuously over the projected timeline.

 

The key players profiled in the report include are BAE Systems, Lockheed Martin Corporation, Northrop Grumman Corporation, L3Harris Technologies, Inc., Raytheon Technologies Corporation, and Thales Group.

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