The global digital battlefield market was valued at US $ xx million in 2020
Forecasts by technology (Artificial Intelligence, 3D Printing, Internet of Things, Big Data Analytics, Cloud Computing and Master Data Management, Other), by Platform (Earth, Airborne, Naval, Space), by Solution (Hardware, Software, Services), by installation (new supply, upgrade) AND national and regional market analysis PLUS analysis of major companies AND COVID-19 recovery scenarios
New York, October 11, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Digital Battlefield Market Report 2021-2031” – https://www.reportlinker.com/p06173693/?utm_source=GNW
The global digital battlefield market was valued at xx million US $ in 2020 and is expected to grow at a CAGR of xx% during the forecast period 2021-2031. The increase in disputes between countries around the world, the increase in the defense budget to procure modern weapons and solutions on the battlefield, and the rapid advancements in AI, digital solutions and technologies Big data are some of the major factors driving the growth of the global digital battlefields market.
How has COVID-19 had a slight negative impact on the digital battlefield market?
The COVID-19 pandemic is having a moderate negative impact on the digital battlefield market around the world. However, this has had a negative impact on the country’s economic growth and development around the world. In addition, the implementation of the lockdown across the world has disrupted the supply chain and disrupted production processes for new battlefield systems and equipment. In addition, the military in various countries has suspended the purchase of new battlefield systems and equipment and shifted their focus to public health and safety. In addition, the financial impact of the pandemic is forcing companies to close their production facilities and consider layoffs. These factors are hampering the adoption of digital solutions and services on the battlefield around the world.
How will this report help you?
Visiongain’s 560+ page report provides 378 tables and over 415 tables / charts. Our new study is suitable for anyone requiring in-depth business analyzes of the global Digital Battlefields Market, along with detailed market segment analysis. Our new study will help you assess the overall global and regional market for Digital Battlefields market. Get the financial analysis of the overall market and different segments including technology, platform, solution and installation, and capture higher market share. We believe there are still great opportunities in this growing digital battlefield market. Find out how to use the existing and upcoming opportunities in this market to generate income in the near future. Moreover, the report would help you improve your strategic decision making, enabling you to frame growth strategies, strengthen the analysis of other market players and maximize the productivity of the company.
What are the current market drivers?
In today’s technological age, a country’s power is defined by the advanced weapons and nuclear capabilities at its disposal. With the continuous advancements in weapon technology, more and more countries are investing substantial sums and efforts in the introduction of feature-rich weapons and equipment in order to enhance their warfare capabilities and protect themselves against enemy attacks. In addition, disputes between neighboring countries due to access disputes, lot line disputes, dependency disputes and adverse passion claims are on the increase. Such war-threatening situations between these countries also worsen political relations. In addition, other countries, especially Muslim countries, are facing situations of civil war inside the country due to the presence of terrorist groups. For example, most recently in August 2021, the Taliban group captured Afghanistan and returned to power. However, the governments of major countries around the world are focused on building counterterrorism efforts to prevent and counter violent extremism. This encourages military authorities to invest in next-generation technology to enable a digital battlefield environment for military forces.
As technological advances in the defense industry accelerate, military authorities in developed and developing countries are focusing on improvising their warfare capabilities and tactics. To achieve this, they spend considerable sums on the deployment of advanced warfare systems, solutions, equipment and assets.
Where are the market opportunities?
Growing awareness among government and defense agencies of the advantages offered by modern technologies, equipment and weapons of war is a growing need for digital devices on the battlefield in developed and developing countries at an increasing pace. fast. For example, these advanced solutions and systems allow military forces to execute missions with optimal coordination and synchronized power to improve overall resilience and readiness. In addition, war systems equipped with digital technologies are highly scalable and modular, compatible with innovative technologies. In addition, digital battlefield solutions provide research and development authorities with a standardized open framework for making innovative and easy inventions in the field of weapons. These factors are driving defense departments to deploy digital technologies on the battlefield, which in turn presents opportunities for key players to prove integrated digital solutions and services on the battlefield.
Military authorities around the world are focused on examining some of the major determinants that reshaped military warfare tactics over a decade, including the change in the size of troops, the quality of weapons used, and potential adversaries. Important countries such as Iran and North Korea which have a small military size, compared to the superpowers, focus on asymmetric warfare tactics and use advanced military technologies. In addition, these countries are focusing on deploying next-generation technologies, including the Internet of Things and automation, to strengthen their asymmetric capacities to deter superpowers and interventions from their regional allies. In addition, European countries such as Russia, Germany and the UK are aiming to improve their asymmetric warfare capabilities by investing substantial sums in AI-enabled technologies to improve counterterrorism measures. Additionally, terrorist groups in the Middle East region are using asymmetric techniques using drones and unmanned vehicles to create unrest in military areas in the region. This encourages the military forces of countries in the Middle East to rethink their asymmetric war strategies against terrorist groups. This, in turn, is driving demand for AI technologies, unmanned vehicles, and Internet of Things technologies.
Competitive landscape
The major players operating in the digital battlefield market are BAE Systems, Elbit Systems Ltd., General Dynamics Corporation, L3Harris Technologies Inc, Leonardo, Lockheed Martin Corporation, Northrop Grumman Corporation, Rheinmetall Ag, Thales Group and Saab AB.
These major players operating in the global digital battlefields market have adopted various strategies including substantial R&D investments, partnerships, collaborations, geographic and portfolio expansion, and new product launches. For example, in June 2021, Thales Group entered into a joint venture with Leonardo and Telespazio and signed a contract with the Italian Ministry of Defense. In accordance with the contract, these companies will develop and design the SICRAL 3 secure satellite communication system.
Read the full report: https://www.reportlinker.com/p06173693/?utm_source=GNW
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