The global demand for Network Centric Warfare Market is presumed to reach the market size of nearly USD 98.58 BN by 2028 from USD 67.68 BN in 2021 with a CAGR of 5.52% under the study period 2022 - 2028.
Network-centric warfare is associated with strategic military operations, which include using electromagnetic energies to detect any incoming missile's radar and acquire radio communications from an adversary, as well as monitoring, modifying, decreasing, or blocking hostile use of the electromagnetic spectrum. It is an advanced technology used by the military in warfare. Additionally, it encompasses fifth-generation warfare, which is waged in cyberspace and is crucial for maintaining national security from cyber attacks and breaches.
Market Dynamics
The defence forces are extensively adopting network-centric warfare to manage a territory or region, assess the damage caused by combat, and make target selection. These are the major driving factors for the market growth of network-centric warfare. The expanding usage of visual and infrared defence technologies is anticipated to expand the market growth of network-centric warfare. The rising investment in developing and improving technologies for defence operations is expected to propel the network-centric warfare market growth. As cyber-related risks become more prevalent, the need for network-centric warfare is increasing and further expanding its market. Furthermore, incentives offered by the government for a better defence system can boost the market growth of network-centric warfare. However, the complex handling, high cost, and increasing threats may hamper the growth of network-centric warfare.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of network centric warfare. The growth and trends of network centric warfare industry provide a holistic approach to this study.
Market Segmentation
This section of the network centric warfare market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Mission Type
By Application
- Integrated Strategic Resources (Communication, Computer, Cyber, Combat, Control And Command)
By Architecture
By Network Type
By Platform
- Land
- Naval
- Airborne
- Unmanned
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Network Centric Warfare market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Network Centric Warfare Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the network centric warfare market include Cisco Systems, Lockheed Martin Corporation, Raytheon Company, Rockwell Collins, Bae Systems PLC, Northrop Grumann Corporation, Thales Group, General Dynamics Corporation, Elbit Systems, L-3 Communications Holdings, Airbus Group N.V., Harris Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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