"Defense Modernization Programs Influencing the Military Computers Market Growth Positively"
The military computers market was valued at US$ 12.9 Bn in 2017 and expected to grow at a CAGR of 6.1% during the forecast period from 2017 to 2026. Defense modernization programs is one of the most prominent factor aiding the military computers market growth. Various countries in the world such as India, China, South Asia Countries and Saudi Arabia among others have witnessed defense modernization programs on a large scale. Territorial disputes between various countries have compelled the governments to uptake these modernization programs. Moreover, increasing deployment of wearable and portable computers in military warzones is another important factor aiding the military computers market growth.
"Rugged Segment held the Largest Share in 2017"
In terms of type, the rugged segment expected to witness the fastest CAGR growth during the forecast period from 2018 to 2026. There has been a growing focus on the part of various military organizations to deploy more technologically advanced and portable computers in warzones. Rugged devices helps a great deal in extreme operational and environmental conditions. The wearable sub segment expected to witness the fastest growth in the coming years. Wearable computers not only helps to deliver fast information but at the same time also proves beneficial to track real-time data and health information about soldiers. Ease of carrying of wearable computers is another prominent factor driving the segment growth.
"R&D Activities to Remain on the Center Stage for Military Computer Manufacturers"
Technological advancements have enabled manufacturers to add new capabilities to military computers. Through research and development, manufacturers are expanding their product offering and at the same time also improving upon software and processor. Entering into partnerships is one of the most prominent strategies adopted by the manufacturers of military computers. This strategy enables the manufacturers to strengthen their market positioning.
Key players profiled in the report include Zebra Technologies Corp., Curtiss-Wright Corporation, Saab, Cobham plc, Rockwell Collins, Inc., Northrop Grumman Corporation, Thales Group, Panasonic Corporation and Getac Technology Corporation among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Military Computers market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2023-2033 |
Base Year | 2024 |
Forecast Period | 2025-2033 |
Historical Year | 2023 |
Unit | USD Million |
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Region Segment (2023-2033; US$ Million)
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Key questions answered in this report