Global C4ISR market is forecast to exhibit a CAGR of 3.5% between 2017 and 2025. At this pace, the market is expected to reach US$134.89 bn by the end of 2025, from its valuation of US$98.46 bn in 2016.

Albany, NY -- (SBWire) -- 07/11/2017 --With the top four companies holding over 84% of the overall landscape in 2016, the global command, control, communication, computer, intelligence, surveillance, and reconnaissance (C4ISR) market exhibits a highly consolidated and competitive vendor landscape. To remain ahead of the curve, the leading players are currently focusing on product innovation and leveraging technological advancements, finds Transparency Market Research (TMR) in a new study. "The C4ISR market operates in a dynamic business environment with persistent evolution of technology," says a lead TMR analyst. "It is therefore necessary for companies to align their strategies with technological shifts to maintain their pace of growth," he added. Lockheed Martin Corporation, General Dynamics Corporation, The Raytheon Company, and BAE Systems PLC are the top four companies in the global C4ISR market.

According to TMR, the global C4ISR market is expected to reach US$134.89 bn by the end of 2025. Its valuation stood at US$98.46 bn in 2016. If these figures hold true, the global C4ISR market will exhibit a CAGR of 3.5% between 2017 and 2025. By end user, the airborne segment emerged dominant holding a share of 56.5% in the market in 2016. Regionally, the overall market was dominated by North America with a share of 32.3% in 2016. However during the course of the forecast period, Asia Pacific is likely to emerge as the lead in the overall market.

Rising Demand for Mobile Command Systems across Military Sector to Aid Growth

The C4ISR market will gain from the increasing demand for mobile command systems in countries such as China, Brazil, and the UAE. The nations are currently focusing on acquiring advanced C4ISR systems that consist of communication systems, command systems, computers, radars, EO/IR system, and electronic warfare. The recent incidents of terror attacks and security threats in these nations and elsewhere have compelled governments to fund in advanced military equipment and systems.

Besides this, the market will majorly gain from the increasing demand for border security. As border security is a major concern in countries such as India, Japan, China, South Korea, and Australia, the market will witness high demand in Asia Pacific. In addition, it is likely to gain from the rising terror threats witnessed across the region. To thwart such plots of terror outfits, military funding has increased. These developments in the defense sector is indicative of the rising use of C4ISR systems.

Make an Inquiry: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18971

Decreasing Military Spending in Developed Markets to Emerge as Key Restraint

On the downside, the decreasing military spending in developed markets will create challenges for the market. For instance, countries such as the U.S. and Canada are more likely to focus on maintaining the existing systems rather than spending on acquiring newer devices. This will act as a major restraint inhibiting the market's trajectory to an extent.

Nevertheless, attractive opportunities are on cards for the market due to the rising demand for next generation IP systems. As implementing this technology will ensure better communication between combat vehicle crew, armored personal carriers (APC), and main battle tanks (MBT), its demand is expected to rise further in the coming years. Moreover, the C4ISR market is expected to gain from the implementation of secured networks.