Command and Control Tech – Market Trends and Forecast
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Command and Control (C2) technology provides accurate, complete, and timely information for the operational chain of command. In military operations, the command and control technologies enable real-time battlefield information sharing and provide a situational awareness that enhances the operational efficiencies of military activities. It can bring numerous different disciplines together and establish interconnection between them for successfully performing the operations.
The global size of the Command and Control technologies market in 2018 was valued at USD 19.29 billion. It is projected to register at a CAGR of + 4% during the forecast period of 2019-2026, according to a market report by Report Consultant cited by hitechjournalist.com.
The growing need for situational awareness in the military, security and surveillance, law enforcement, public services and manufacturing industries, along with an alarming increase in terrorist activities, is expected to drive growth.
The latest advancements in technologies and some standard operating procedures helped enhance the performance of the Command and Control technologies. The advent of next-generation defense technologies and a significant rise in military budgets of the countries from Asia Pacific are some of the predominant factors attributed to the rising demand. These systems find vast application in the global terror controlling activities and the multinational military operations across the world.
It is anticipated that geopolitical conflicts between the countries of the Middle East and the Asia Pacific will further boost growth.
The commercial sector is actively adopting C2 technologies to better manage mission-critical operations. The airports and manufacturing plants, power plants, oil and gas installation plants, and research labs are widely adopting the command and control technologies for better operations and safety, according to grandviewresearch.com.
Key competitors who are showing active participation in determining how the market actually works include, according to the report:
- BAE Systems
- Barco
- Boeing Company
- CACI International Inc
- Christie Digital Systems
- Collins Aerospace
- Datapath Limited
- Elbit Systems Ltd.
- Extron Electronics
