Command and Control Systems Market Size

Command and Control Systems Market Future Prospects

The command and control systems market will generate an estimated revenue of USD 31.9 billion in 2024, which is expected to witness a CAGR of 6.5% during 2024–2030, to reach USD 46.6 billion by 2030. The key factors driving the growth of this market are rapid urbanization, development of cutting-edge technologies, and rising cybersecurity challenges.

Command and control systems are set of components like data collection devices, communication networks, analysis software, visualization tools and decision support system which are used in organizations to manage communication, decision making, and coordination, which have wide range of applications but are mostly used in defence operations. The growing terrorism activities and border conflicts as well as growing investment on military expenditure globally is also responsible for the expansion of the market. According to World Bank Group stats global military expenditure has reached 2.21 trillion USD in 2022 from 1.65 trillion USD in 2015 and estimated to rise in the future.