navigation-background arrow-down-circle Reply Icon Show More Heart Delete Icon wiki-circle wiki-square wiki arrow-up-circle add-circle add-square add arrow-down arrow-left arrow-right arrow-up calendar-circle chat-bubble-2 chat-bubble check-circle check close contact-us credit-card drag menu email embed facebook-circle snapchat-circle facebook-square facebook faq-circle faq film gear google-circle google-square googleplus history home instagram-circle instagram-square instagram linkedin-circle linkedin-square linkedin load monitor Video Player Play Icon person pinterest-circle pinterest-square pinterest play readlist remove-circle remove-square remove search share share2 sign-out star trailer trash twitter-circle twitter-square twitter youtube-circle youtube-square youtube

Global C4ISR market to reach $1.8B, finds report

January 11, 2017 (Photo Credit: Getty Images/iStockphoto)
The global C4ISR market will reach $1.8 billion by 2026, according to a forecast by market consultancy ASDReports. This reflects a compound annual growth rate of 2.85 percent from a $1.3 billion market in 2016.

Cumulative expenditures between 2016 and 2026 will total $1.7 trillion.

"Land-based C4ISR systems are expected to constitute 66% of the market and thus the largest segment of expenditure," the report said. "The airborne systems segment is projected to be the second largest segment of expenditure over the forecast period, and is expected to account for a total share of 21% of the global market."

Naval C4ISR will account for 7 percent of the market, and space C4ISR 6 percent.

Next Article