A new Reportlinker study predicts the worldwide market for command, control, communications, computers, intelligence, surveillance and reconnaissance systems will grow at a 2.85 percent compound annual growth rate through 2026 due to an increasing demand for interoperable and integrated systems.
Reportlinker’s “Global C4ISR Market 2016-2026” report also forecasts the land-based systems segment to dominate the C4ISR market that also covers airborne systems, naval systems and space-based systems categories, the company said Jan. 11.
C4ISR competitors from the North American region will account for 44 percent of the entire market, which includes players from the Asia-Pacific region such as China, India, Japan and South Korea as well as European region market shareholders from Russia, France and the U.K.
The demand for land-based C4ISR systems is projected to rise due to implementation and deployment of network-centric warfare principles that Reportlinker said can affect the need for battlefield command systems, data and communication security systems and sensors for surveillance and observation platforms.
The report also offers an analysis of the C4ISR market size and drivers from 2016 to 2026 including demand drivers and growth stimulators as well as recent developments and industry challenges, major programs, the competitive landscape and strategic insights.