Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the military
computer market provides an in-depth analysis of segments and sub-segments in the
global as well as regional military computer market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional military computer market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecasts, and dollar values of the global military computer market. According to the report, the global military
computer market is projected to grow at a CAGR of 5.9% over the forecast period
of 2020-2026.
Military computers are increasingly used in organizing sensitive
military data, geospatial analysis, and controlling communications. The
modernization in defense infrastructure has led to the adoption of military
computers. The military computers are majorly based on zero-trust architecture
or Thin client technology. One of the recent advancements in military computers
is the nano-scaling of hardware. It is the biggest source of next-gen military
technology and computers in the future.
The growing demand for new and advanced electronic combat systems
will augment the growth of the military computer market. The increasing
adoption of rugged wearables and handheld devices that helps in effective
battlefield operations drives the expansion of the market. Various countries
worldwide have increased usage of military wearables that enhances the
warfighting capabilities of soldiers. Additionally, it helps to track real-time
data about soldiers and also tracks the health of soldiers. Further,
technological advancement in the development of military computers led to the
expansion of the military computer market. The implementation of digital
infrastructure in the defense industry boosts the development of the market.
Digital infrastructure is becoming a strategic asset. In addition,
increasing terrorism and rising tensions on border supplements the development
of the military computer market. Furthermore, the defense modernization program
is the major contributor to the expansion of the military computer market. On
the flip side, the rising risk of cyberattacks on computer-based defense
systems hampers the growth of the military computer market. Moreover,
advancements in the software of military computers create several opportunities
for the growth of the military computer market.
However, the current concerns over the spread of coronavirus are
creating a long-lasting impact on military spending in several countries. As
the affected countries are taking measures for containing and mitigating the
spread of Coronavirus, it is also forcing governments worldwide to reduce their
expenditures. For instance, India has withdrawn 15-20% of funds allocated for its
Defense Ministry in the first quarter. This reduction in spending on will have
a direct implication on sales of military computers in 2020. In addition, there is
extra temporary pressure on distributors and other parts such as suppliers. Nonetheless,
over the long term growth of the market is likely to witness the growth and remain
stable due to the growing implementation of computer technology in the armed forces.
Based on geography, the global military computer market is divided
into North America, Asia-Pacific, Europe, and the Rest of the World. North
America is expected to have a dominant share in the global military computer
market. The growing advancements in defense systems and the increasing use of
computer technologies in military activities in North America will lead to the
expansion of the military computer market in the region. Asia-Pacific region
has a healthy growth rate in the global military computer market owing to a
surge in investments in the defense sector. Additionally, the rising adoption
of new warfare technologies fuelled the growth of the market in the
Asia-Pacific region. Europe has a significant share in the global military
computer market. The growth of the market in Europe is due to rising
modernization in the defense sector and rising demand for military computers in
the region.
The report on the global military computer market covers segments such
as type, and platform. On the basis of type, the sub-markets include rugged
computers and embedded computers. On the basis of the platform, the sub-markets
include ground, naval, and airborne.
The report provides profiles of the companies in the market such
as Cobham plc, Saab AB, Raytheon Technologies Corporation, Elbit Systems Ltd.,
Thales group, Safran S. A., Rockwell Collins, BAE Systems plc, Getac Technology
Corp., Panasonic Corporation, and other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the military
computer market. Moreover, the study highlights current market trends and
provides forecasts from 2020-2026. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.
Please Choose One of them.