London, UK (PRWEB) December 18, 2014
Notwithstanding high levels of fiscal deficits in the USA, North America is projected to hold the largest share (54%) of the global C4ISR market through 2024. The Asian region is expected to capture a 21% share of the overall market over the forecast period, driven by the high demand for the systems on account of healthy economic growth, domestic unrest, territorial arguments, and modernisation programmes. Europe is still projected to increase spending on C4ISR equipment, and is likely to account for just over 15% of the global market by 2024-end. Brazil, Venezuela, Chile, and Colombia are set to compete in an armaments race with the aim to establish military supremacy in South America. However, Africa’s demand is expected to grow only marginally, with the region accounting for only 1% of the world C4ISR market.
The worldwide C4ISR market is forecast to see a 1.32% CAGR during 2014-2024, driven by the rise of asymmetric warfare and the soaring need for integrated solutions and interoperability amid military strategists.
New research report “The Global C4ISR Market 2014-2024” developed by Strategic Defence Intelligence (SDI) is now available at MarketPublishers.com.
Report Details:
Title: The Global C4ISR Market 2014-2024
Published: December, 2014
Pages: 257
Price: US$ 4,800.00
http://marketpublishers.com/report/industry/defence-security/global-c4isr-market-2014-2024.html
The report provides a detailed analysis of the global C4ISR marketplace, covering both historical and forecasted industry values. The research study gives a keen look at the factors affecting the demand for the systems, reviews the key challenges the leading industry participants are currently facing, offers a comprehensive discussion of the top companies, as well as provides coverage of key news.
Reasons to Buy:
- Identify the dynamic drivers with the help of fact based analysis and comprehensive information on the demand for different C4ISR segments in each of the 10 leading nations and the factors that are fuelling the demand.
- Gain confidence in making the appropriate business decisions based on a granular analysis of the sector, and also in discovering declining and emerging markets during the next decade.
- Be able to take strong, realistic decisions underpinned by strong knowledge of recent industry developments and chalenges, deep insight into technological advances, key trends of the evolving industry structure, and the major challenges being faced by the industry players.
More new market research reports by the publisher can be found at SDI page.