Global Network Centric Warfare Market Overview:
Network-centric warfare is concerning strategic spectrum dominance and simply becomes a part of modern war. This war has a platform in cyberspace that is sometimes to forestall cyber-attacks and information breaches and is equally vital for national security. In numerous locations worldwide, aeronautic, defense, and security organizations use subtle technologies to notice risks that are actual and imminent. Network-centric warfare is an operation involving the use of electromagnetic energies in the observance, manipulating, reducing, or preventing hostile use of electromagnetic spectrum.
As per latest study released by AMA Research, the Global Network Centric Warfare market is expected to see growth rate of 3.4%Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Employment of Solutions such as Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR)
Market Growth Drivers:
Rising Worldwide Spending on AI Systems and Its Importance in Network Centric Warfare and Growth in Need for Information, Surveillance, and Recognition (ISR) Capabilities
Challenges:
Less Withstanding Power and Sources for Multiple Threats
Restraints:
High Costs involved in Employment of Infrastructure for Network Centric Warfare
Opportunities:
Growing Use of Visual and Infrared Defense Technologies and Rising Infrastructure for 5G Communication Channel
Competitive Landscape:
The global market for Network Centric Warfare is fragmented by global key players to cater to the introduction of network-centric warfare in ground, air, maritime, cyberspace, and space. Employment of cutting-edge electromagnetic equipment and Military diversification will help the market growth and players to grab the market share.
Some of the key players profiled in the report are Cisco Systems (United States), Lockheed Martin Corporation (United States), Raytheon Company (United States), Rockwell Collins (United States), Bae Systems PLC (United Kingdom), Northrop Grumann Corporation (United States), Thales Group (United States), General Dynamics Corporation (United States), L-3 Communications Holdings (United States) and Airbus Group N.V. (United States). Additionally, following companies can also be profiled that are part of our coverage like Elbit Systems (Israel) and Harris Corporation (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Network Centric Warfare market by 2028. Considering Market by Platform, the sub-segment i.e. Land-based will boost the Network Centric Warfare market. Considering Market by Communication Network, the sub-segment i.e. Wireless will boost the Network Centric Warfare market. Considering Market by Offering, the sub-segment i.e. Hardware will boost the Network Centric Warfare market.
Latest Market Insights:
In February 2022 Dassault Aviation had announced that Indonesia had signed an agreement to acquire Dassault Rafale. The Rafale F4 will have upgraded radar and helmet-mounted displays, as well as a long-range optronics system with infrared search and track (IRST). Increased capacity for data transfers and satellite communications will be added to the Rafale's network-centric warfare system (SATCOM).
In March 2022 BAE Systems had announced the launch of Storm Electronic Warfare Modules. These modules provide a common basic architecture for software-based EW applications, allowing them to be delivered faster. According on the platform or weapon they are attached to, the modules have a hardware baseline scalable design. Uninhabited or inhabited fixed- or rotary-wing aircraft, as well as missiles, are among the possibilities, according to the press release.
What Can be Explored with the Network Centric Warfare Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Network Centric Warfare Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Network Centric Warfare
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Network Centric Warfare market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Network Centric Warfare market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Network Centric Warfare Provider, Software Developer, Hardware Provider, Research Institutes, End-User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.