The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Digital Battlefield Global Market Report 2024, the digital battlefield market is expected to show significant growth in the forecast period.

The digital battlefield market has witnessed an extraordinary surge in recent years, growing from $51.3 billion in 2023 to an anticipated $60.96 billion in 2024, showcasing an impressive Compound Annual Growth Rate (CAGR) of 18.8%. This remarkable growth in the historic period is attributed to the expansion of modern warfare and security threats, heightened communication and data sharing needs, intelligence and surveillance requirements, mounting cybersecurity concerns, and strategic defense budget allocations.

Factors Driving Historic Growth

• Growth of modern warfare and security threats
• Communication and data sharing needs
• Intelligence and surveillance requirements
• Cybersecurity concerns
• Defense budget allocations

Factors Fueling Forecasted Growth

• Geopolitical tensions
• Multi-domain operations
• Enhanced cyber resilience
• Sensor fusion and situational awareness
• Increasing military modernization programs

Major Trends in the Forecast Period

• Artificial Intelligence (AI) and machine learning
• 5G and advanced connectivity
• Unmanned systems and drones
• Hypersonic weapons development
• Adaptive defense strategies

Cloud Services Surge in Military: A Growth Catalyst

The adoption of cloud services in military and defense is set to be a significant driver for the future growth of the digital battlefield market. Cloud services offer a flexible and secure environment, facilitating quick and inexpensive access to applications. Notably, the United States Department of Defense allocated $798 million to the US Army for cloud services in the fiscal year 2022. The military leverages cloud services for gathering, processing, and analyzing intelligence resource data, showcasing the pivotal role of cloud technology in the digital battlefield.

Key Industry Players

• BAE Systems PLC
• Northrop Grumman Corporation
• Raytheon Technologies Corporation
• Lockheed Martin Corporation
• Thales Group

Surveillance Radars: Elevating Military Capabilities

The digital battlefield market is witnessing a focus on advanced surveillance radars, exemplified by the introduction of PrecISR by Hensoldt AG. These sophisticated radar systems offer high performance in a compact design and are adaptable for various airborne platforms, including UAVs, helicopters, and special mission aircraft. PrecISR is capable of detecting and intercepting small and low-flying aircraft, tracking moving objects on the ground, and identifying objects with precision.

Innovations in Surveillance Radar

• Launch of PrecISR by Hensoldt AG
• High performance in a compact design
• Adaptable for various airborne platforms
• Detection of small and low-flying aircraft

Urban Air Mobility Partnership in Malaysia

In a move that marks advancements in urban air mobility, EHang, a China-based aviation company, partnered with Aerotree Flight Services Sdn. Bhd., a subsidiary of Malaysia’s Aerotree Group. The collaboration aims to co-develop urban air mobility businesses in Malaysia, including maintenance, repair, overhaul (MRO), and training. This strategic partnership is poised to introduce EHang’s safe, sustainable, and autonomous aerial vehicles to the Malaysian market, supporting the country’s urban air mobility projects and civil aviation initiatives.

Key Partnership Highlights

• EHang and Aerotree Flight Services collaboration
• Advancements in urban air mobility in Malaysia
• Co-development of MRO and training services
• Introduction of autonomous aerial vehicles

Market Segmentation: Tailoring Solutions

The digital battlefield market employs a comprehensive segmentation approach to cater to diverse needs. The segmentation includes solutions such as Hardware and Services, technologies like Artificial Intelligence, 3D Printing, Internet of Things, and more. Installation options comprise New Procurement and Upgradation, while platforms encompass Land, Naval, Airborne, and Space applications.

Segmentation Overview

1. By Solution:
   • Hardware
   • Services
2. By Technology:
   • Artificial Intelligence
   • 3D Printing
   • Internet of Things
   • Big Data Analytics
   • Robotic Process Automation
   • Cloud Computing and Master Data Management
   • Digital Twin
   • Other Technologies
3. By Installation:
   • New Procurement
   • Upgradation
4. By Platform:
   • Land
   • Naval
   • Airborne
   • Space
5. By Application:
   • Warfare Platform
   • Cyber Security
   • Logistics and Transportation
   • Surveillance and Situational Awareness
   • Command and Control
   • Health Monitoring
   • Design and Manufacturing
   • Other Applications

Global Landscape: Regional Dynamics

In 2023, North America emerged as the largest region in the digital battlefield market, with Asia-Pacific anticipated as the fastest-growing region in the forecast period. The global landscape showcases the expansive reach of digital battlefield technology, catering to diverse regional requirements and security challenges.

View More On The Digital Battlefield Market Report 2024 –
https://www.thebusinessresearchcompany.com/report/digital-battlefield-global-market-report

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The Digital Battlefield Global Market Report 2024  provides an in-depth analysis on the digital battlefield market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the digital battlefield market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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