C5ISR Systems Market, By Platform (Land Platform, Airborne Platform, Naval Platform, and Space Platform), By Application (Command & Control, Communication, Computers, Combat Systems, Intelligence, Surveillance, and Reconnaissance (ISR), and Electronic Warfare), By End-user (Defense (Military and Homeland Security) and Commercial (Critical Infrastructure and Commercial Space), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI375219 | Publish Date: May 2024 | No. of Pages: 168

Global CISR Systems Market Market Size

The market for C5ISR systems was valued at US$ 120.21 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 3.0% to reach US$ 153.50 billion by 2030.

Command, Control, Communications, Computers, Fighting Systems, Intelligence, Surveillance, and Reconnaissance are referred to as C5ISR. Developing nations make significant investments in defense tools and equipment to gain a financial advantage over their rivals. Growing political unrest, massive defense modernization initiatives, and migration concerns have all become increasingly significant factors in the worldwide C5ISR industry. Furthermore, there has been a marked increase in terrorist activity worldwide in the recent past. The Institute for Economics and Peace released data showing that during the last ten years, there has been a roughly 80% increase in global terrorism, with 17,958 deaths reported in 2014.