Digital Battlefield Market by Component (Hardware and Software), Application (Cybersecurity, Surveillance & Situational Awareness, Logistics & Transportation, Communication, Warfare Support, and Others) Platform (Ground, Airborne, and Naval): Global Market Size Estimates and Forecast (2019-2030)
The market is expected to cross US$ 35.81 billion in 2022 and is projected to hit US$ 90.25 billion by 2030, recording a CAGR of 12.2% during the forecast period.
Rising Development of Automated Systems for Military Operations Driving the Market Growth.
The growing digitalization of military systems by different technology suppliers is one of the major factors propelling the digital battlefield market growth. Several military forces are demanding advanced and digitalized automated systems that can carry out missions with the requirement of very lesser manual commands from the operators. For instance, deployment of automated countermeasure systems is generating new opportunities for market vendors that will also lead to development of advanced countermeasure systems.
Several countries have been already utilizing the concept of digital battlefield in the current war scenarios. For instance, in 2022, after the outbreak of Russia-Ukraine war, the Ukraine started working on keep its digital infrastructure up and running in the midst of the war with Russia while combating disinformation and cyberattacks from Russia. Further, the Ukrainians have already used a lot of digital technologies in the war with Russia that has led them to become one of the major countries to implement digital warfare technologies into their armed forces among other defense forces across the world.
Ground segment is expected to dominate the market in 2022 and is expected to retain its dominance during the forecast period as well. This is owing to increasing deployment of satellite-based communication and navigation systems across ground forces for which several vendors are collaboratively working on the development of portable and automated communication system technologies for different ground forces.
Within the report, the market is segmented into component, application, platform, and geography. By component, the market is segmented into hardware and software. Based on application, the market is segmented into cybersecurity, surveillance & situational awareness, logistics & transportation, communication, warfare support, and others. Based on platform, the market is segmented into ground, airborne, and naval. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
The Development of Cybersecurity Infrastructure to Provide Future Opportunities for Market Vendors During the Forecast Period.
With the rise in deployment of digital and cloud-based technologies, the defense industry users are demanding more advanced cybersecurity infrastructure solutions to retain their security in terms of data & information. Moreover, the development of advanced cybersecurity solutions by different market vendors is another major factor likely to generate huge opportunities during the forecast period. This is mainly propelled by rising threat of cyber attacks by attackers to degrade the capabilities of the armed force of any country. For this issue, a lot of military organizations are taking initiatives to lock their specific networks for foreign adversaries. For instance, in May 2022, the US DoD announced that it has been locking down sensitive networks amid cyber challenges from foreign adversaries that are trying to get access to military intel. Moreover, the deployment of digital battlefield infrastructure also boosts the adoption of several cloud-based technology which is generating new market opportunities for cybersecurity vendors across military sector.
Demand for Satellite- Based Monitoring is Boosting Digital Battlefield Market Growth
The growing investments by different government for development of satellite-based monitoring infrastructure for defense applications. Several countries are deploying a lot of satellites maintain surveillance on other countries, which is generating new market opportunities for market vendors across the world. This is mainly due to the rising trend of digital war between several countries that is leading to increase in developments of satellite-based monitoring systems by different vendors. For instance, in June 2022, the Indian Ministry of Defense announced an investment worth US$ 4.9 billion for upgrade of space-based surveillance system.
Similarly, the deployment of artificial intelligence (AI), internet of things (IoT), and wireless systems across defense sector is another major trend pushing the growth of digital battlefield market. Several defense contractors are majorly focusing on integrating AI, IoT, and wireless technologies into their products to provide enhanced and innovative solutions to their respective customers.
Recent Strategic Developments in Digital Battlefield Market
The digital battlefield market has undergone several significant developments, and a few of these have been mentioned below:
- In July 2022, the US Army awarded a contract worth US$ 58.8 million to Lockheed Martin Corporation for developing prototypes for the Terrestrial Layer System-Brigade Combat Team program. The program is meant to provide soldiers a relevant suite of electronic warfare, cyber and signals intelligence capabilities.
- In March 2022, the US Defense Innovation Unit (DIU) awarded a contract worth US$ 19.4 million to Integrated Tactical technologies (iT2) to develop a wearable two-way communication solution to enable the Wireless Soldier concept.
- In October 2019, the US Army awarded a task order worth US$ 561 million for five years to Booz Allen Hamilton to improve human performance within the Army and other federal agencies.
The digital battlefield market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. L3Harris Technologies Inc., Lockheed Martin Corporation, Thales Group, Raytheon Technologies Corporation, Teledyne Flir Technologies, Cobham Limited, Northrop Grumman Corporation, Rheinmetall AG, SaaB AB, and ASELSAN AS are among the prominent players operating in the market.
Target audience for the report:
- Military communication device manufacturers
- Military wearable manufacturers
- Defense imaging and display devices manufacturers
- Military tracking devices manufacturers
- Night vision devices manufacturers
- Military RFID companies
- Command & control software developers
- Military cybersecurity vendors
- Military inventory management system companies
- Military software developers
- Government and defense related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-up companies
- Research institutes, organizations, and consulting companies
Scope of the report:
In this report, the market has been segmented on the basis of:
- Component:
- Hardware
- Software
- Application:
- Cybersecurity
- Surveillance & Situational Awareness
- Logistics & Transportation
- Communication
- Warfare Support
- Others
- Platform
- Ground
- Airborne
- Naval
- Region
- North America
- US
- Canada
- Mexico
- Europe
- Asia Pacific (APAC)
- Middle East & Africa
- South America
- North America
- Companies profiled
- L3Harris Technologies Inc.
- Lockheed Martin Corporation
- Thales Group
- Raytheon Technologies Corporation
- Northrop Grumman Corporation
Companies profiled
- L3Harris Technologies Inc.
- Lockheed Martin Corporation
- Thales Group
- Raytheon Technologies Corporation
- Northrop Grumman Corporation