Global spending on command, control, communications, computers, intelligence, surveillance and reconnaissance (C2/C4ISR)systems is expected to remain fairly constant over the next ten years, according to the new report available on ASDReports: The Global C2/C4ISR Market 2013-2023. Modern warfare’s potent blend of physical and mental challenges, where enemies range from nations to societal factions such as terrorist groups, puts C2/C4ISR systems at the heart of a nation’s defense infrastructure, and are considered to be the most important tools for victory.
Despite the place of C2/C4ISR systems at the heart of modern warfare, the global market is only projected to register a CAGR of 0.32% over the next decade. This low CAGR is, however, a reflection of the pre-existing centrality of C2/C4ISR systems to military operations - especially following the conflicts in Afghanistan and Iraq - with sustained and constant investment set to continue over the next ten years that will ultimately see the market valued at US$94.4 billion by 2023.
The report provides in depth analysis of the global C2/C4ISR market, with the identification of market drivers augmenting its provision of historic and forecast data for the next decade. Together with its investigation of developments and challenges in the industry, analysis of key markets, major programs, and the competitive landscape, along with SWOT analysis of the industry as a whole, The Global C2/C4ISR Market 2013-2023 should be considered the definitive guide to the global C2/C4ISR market, and required reading for those serious about capitalizing on the significant opportunities it holds.
Source: ASDReports - Market Research
Date: Oct 9, 2013