Global Military Computers Market is predicted to reach USD 10.089 billion at a CAGR of 6.01% during the forecast period:
Market Research Future (MRFR) has published a cooked research report on the “Global Military Computers Market” that contains information from 2018 to 2030. The Global Military Computers Market is estimated to register a CAGR of 6.01% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the Global Military Computers Market — Raytheon Company (US), Safran Group (France), Thales Group (France), Cobham PLC (UK), Curtiss-Wright Corporation (US), Elbit Systems Ltd (Israel), Collins Aerospace (US), Getac Technology Corporation (Germany), Northrop Grumman Corporation (US), Panasonic Corporation (US), Zebra Technologies Corporation (New Zealand), and General Dynamics Corporation (US)
The Military Computers Market is accounted to register a CAGR of 6.01% during the forecast period and is estimated to reach USD 10.08 billion by 2030.
The global military computers market refers to the market for computer systems and related technologies used by military organizations worldwide. These computers are designed and built to meet the unique requirements and stringent standards of the military sector, including ruggedness, reliability, and security.
The Global Military Computers Market has been segmented Type, By Platform
Based on type, the military computers market segmentation includes rugged and embedded computers. The rugged military computer market has dominated the market share and has aimed to generate more market revenue during the forecast period. This is because the military focuses more on portable and technologically advanced computers used in war zones. Military equipment such as laptops, handhelds, and wearables require robustness to survive and function properly in extreme environmental and operating conditions. The embedded computers segment is expected to grow at a CAGR of 5.1% through the forecast period.
Based on the platform, the military computers market segmentation includes ground, airborne, and naval. The airborne segment is expected to drive market growth due to the high procurement of military aircraft worldwide and recent advancements in military aircraft technology. Ground and naval vessels are intentionally built for war and are part of the national navy. Ground segments are much faster, safer, and more mobile than commercial ships and are an important component of the national navy. The naval vessels market was valued at US$ 60.5 Bn in 2022 and is expected to reach US$ 85.4 Bn through the forecast period.
The Global Military Computers Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World . The North American military computers area will dominate this market. The increased demand for advanced technologies in the military has driven the military computer market, boosting the market growth in this Region. Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Europe Military Computers market accounts for the second-largest market share because the demand for the military and defense market will increase, and government spending on the military. Further, the German Military Computers market held the largest market share, and the UK Military Computers market was the fastest-growing market in the European Region.
The Asia-Pacific Military Computers Market is expected to grow at the fastest CAGR from 2023 to 2030. This is due to focusing on their military and making them stronger. Moreover, China’s Military Computers market held the largest market share, and the Indian Military Computers market was the fastest-growing market in the Asia-Pacific region.
Key Findings of the Study