AMSTERDAM – Global demand for military computers will grow by one-third over the next five years, from $7.9 billion in 2018 to $10.5 billion in 2023, predict analysts at market researcher ASD Media BV in Amsterdam.
This increase in demand for military computer represents a combined annual growth rate (CAGR) of 5.85 percent. Driving this market is increasing demand for portable and battlefield wearable computers, weapons modernization, growth in network-centric warfare, analysts say.
Restraining the military computer market, however, are threats from cyber attacks because one minor problem in a system can hamper the entire military operation. Demand for rugged computers will grow more quickly than for embedded computers during the forecast period because of significant demand for rugged computers and wearables in military services worldwide.
Militaries around the globe are focusing on deploying more portable and technologically advanced computers in war zones. Ruggedness of military devices such of laptops, handhelds, and wearables is necessary to survive and function properly in extreme conditions such as extreme heat and cold.
Military demand for wearable computers, meanwhile, is expected to show healthy growth over the next five years. Militaries around the world are showing interest in wearable computers for delivering fast and accurate information to soldiers on ground.
Driving the growth of military wearable computers will be the easy portability and accuracy of information transfer. Wearable technologies enable soldiers to track in real-time to ensure their safety.
North America shows the highest potential for growing demand for military computers during the forecast period, analysts say. Sustained U.S. Army research and development also should drive the adoption of military computers.
After North America, Europe, Asia Pacific, and the Middle East show the most promise for growing demand in military computers. Major players include U.S. companies Curtiss-Wright Corp., Zebra Technologies Corp., Collins Aerospace and Northrop Grumman Corp.; Cobham plc in the United Kingdom; Saab in Sweden; Thales Group in France; Getac Technology Corp. in Taiwan; and Panasonic Corp. in Japan.
For more information contact ASD Reports online at www.asdreports.com/market-research-aerospace-defense.
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