A Research and Markets report predicts that the global market for C4ISR systems will grow at a 3.67-percent compound annual growth rate through 2019.
The company said Wednesday the Middle East and Asia-Pacific regions will see the most growth with a combined 30-percent market share due to increased defense budgets and demand for C4ISR technologies.
According to the report, the market will see particular demand for integrated C4ISR systems that provide data security, ease of use and interoperability with other systems.
The report also identified the following key vendors:
- BAE Systems
- Elbit Systems
- Lockheed Martin
- Northrop Grumman