Defense Tactical Computers Market Trends

  • Report ID: 3873
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Defense Tactical Computers Market Trends

Growth Drivers

  • Rising Demand for Tactical Communication Systems – It is expected that rising investment in military communication gear and the growing need for encrypted communication is to drive market growth. Further, to meet the demand for tactical communication defense tactical computers are needed since they are smaller in size, and offer secure encryption protocols.
  • Increase in Demand for More Advanced Military Technology- The need for minimizing uncertainty, and boosting military capabilities and efficiency is expected to result in increased demand for more advanced military technologies including defense tactical computers.
    In addition, factors such as the rise in digitization of the battlefield and the rising need for wearable computers will all contribute to the market's expansion.

Challenges

  • Lack of Awareness related to Defense Tactical Computers in Lower Economic Regions - The lack of awareness is one of the major factors predicted to slow down the market growth. For instance, a lack of awareness in lower economic regions a lack of awareness may result in insufficient information on the uses of defense tactical computers, limiting their adoption in these areas.
  • Vulnerability to Cyber-Attack- For instance, defense computers are used for military operations which involve vast amounts of sensitive data which may attract cybercriminals from other nations.

Defense Tactical Computers Market: Key Insights

Research and Development Expenditure (% of GDP)

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Base Year

2024

Forecast Year

2025-2037

CAGR

5.9%

Base Year Market Size (2024)

USD 5.6 billion

Forecast Year Market Size (2037)

USD 11.8 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 3873
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of defense tactical computers is assessed at USD 6.14 billion.

The defense tactical computers market size was valued at USD 5.6 billion in 2024 and is expected to reach USD 11.8 billion by 2037, expanding at around 5.9% CAGR during the forecast period i.e., between 2025-2037. Growing demand for rugged, high-performance, and increasing count of military vehicles across the world will boost the market growth.

North America industry is anticipated to dominate majority revenue share by 2037, impelled by an increase in military spending in the region.

The major players in the market are Saab AB, BAE Systems Plc, Bharat Heavy Electricals Ltd, Cornet Technology Inc., Curtiss-Wright Corp., Elbit Systems Ltd., General Dynamics Corp., Honeywell International Inc., Leonardo Spa, Mercury Systems Inc.
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