The network centric warfare market is expected to see steady growth in the next few years. It will grow to $74.04 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. Anticipated growth in the upcoming period is connected to the integration of AI and machine learning into military systems, the strengthening of cyber defense mechanisms, the adoption of cloud-based solutions, a heightened focus on robust communication networks, and the evolution of command and control systems within military operations.
Anticipated growth in military expenditure is set to propel the network-centric warfare market. This expenditure covers various aspects such as weapons, operations, maintenance, personnel, and specialized military equipment. The government's increased spending on the military, as highlighted by the European Defense Agency's December 2022 report of a record-breaking $53.4 USD billion purchase of defense equipment, a 16% rise from 2020, and a total defense spending of $228.6 USD billion in Europe, indicates a consistent upward trend for seven years. This surge in expenditure significantly influences the advancement of network-centric warfare capabilities, driving market growth.
The escalating threat landscape in military cyber activities is expected to be a significant driver for the network-centric warfare market. These threats involve targeted cyber actions, often state-sponsored, aiming to compromise digital infrastructure and information systems within military entities. With increased reliance on digital communication, safeguarding military networks becomes imperative. A January 2023 report by Check Point revealed a 38% surge in global cyber-attacks in 2022, with government and military sectors witnessing a notable 46% increase in attacks. This surge in cyber threats emphasizes the crucial need for robust cybersecurity solutions, thereby boosting the network-centric warfare market.
Technological advancements stand out as a prominent trend shaping the network-centric warfare market. Major companies in this sector are actively adopting innovative technologies to sustain market presence. For example, in March 2023, Israel Aerospace Industries introduced SDR-NCO, a cutting-edge software-defined radio system equipped with innovative network-centric operations capabilities. This system facilitates seamless communication across voice, video, and data, enabling effective coordination among diverse military task groups. Its compatibility with modern military and commercial radios further enhances its operational utility.
Emphasizing innovation, major companies operating in the network-centric warfare market are focusing on developing groundbreaking products such as cloud-based electronic warfare planning software. This software, hosted in cloud computing environments, assists in electronic warfare planning and operations. For instance, in December 2023, the Defense Information Systems Agency unveiled the Electromagnetic Battle Management-Joint (EMBM-J), a cloud-based electronic warfare planning software aimed at enhancing situational awareness and coordination among U.S. military commanders. This software consolidates diverse data streams into a unified interface, paving the way for efficient electronic warfare operations with planned future upgrades for expanded functionalities.
In January 2022, BAE Systems plc, a UK-based aerospace company, completed the acquisition of Raytheon's military GPS business from Raytheon Technologies Corporation for $1.9 billion. This strategic acquisition serves BAE Systems' objective of broadening its advanced capabilities, specifically aimed at bolstering the safeguarding of their warfighters in the United States and allied nations. Raytheon Technologies Corporation, a US-based aerospace and defense entity renowned for its offerings in network-centric warfare systems, divested its military GPS business as part of this deal.
Major companies operating in the network centric warfare market report are Cisco Systems Inc., Lockheed Martin Corporation, BAE Systems PLC, Northrop Grumman Corporation, Thales Group, General Dynamics Corporation, Elbit Systems Ltd., L-3 Communications Holdings Inc., Airbus Group N.V., Harris Corporation, Rockwell Collins Inc., Scalable Network Technologies Inc., Lumen Technologies Inc., RAND Corporation, Raytheon Technologies Corporation, L3Harris Technologies Inc., Leonardo S.p.A., Svenska Aeroplan Aktiebolaget, Rheinmetall AG, The Boeing Company, Honeywell International Inc., Cubic Corporation, Kratos Defense & Security Solutions Inc., CACI International Inc., Leidos Holdings Inc., Booz Allen Hamilton Holding Corporation, Science Applications International Corporation (SAIC), ManTech International Corporation, Engility Holdings Inc., Viasat Inc., Mercury Systems Inc., Ultra Electronics Holdings plc, QinetiQ Group plc, Cobham plc.
North America was the largest region in the network-centric warfare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global network-centric warfare market report during the forecast period. The regions covered in the network centric warfare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the network centric warfare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The network-centric welfare market consists of revenues earned by entities by collaborating to improve resource management and deliver improved information as a member of a complex community of individuals, devices, information, and services connected through a communications network.
The primary types can be categorized by architecture into hardware and software components. Software comprises computer programs, supporting files, and data aiding in the development of advancements for armor and infantry, such as guided munition systems, defense mechanisms for tanks or APCs against explosives and rockets, advanced biosensors for troops, 3D-printed weaponry, and other technological enhancements for soldiers. Mission types are classified as tactical and strategic, while platforms encompass land-based, naval-based, air-based, and unmanned systems. Communication networks span wired and wireless systems, utilized across various applications including Intelligence, Surveillance, and Reconnaissance (ISR) Operations, communications, computers, combat operations, cyber activities, command and control, and electronic warfare.
The network centric warfare market has grown strongly in recent years. It will grow from $58.6 billion in 2023 to $61.76 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. Historical growth in this context can be credited to several factors, including focused training and skill development initiatives, a significant move towards interconnected systems within military operations, the evolution of military doctrines to accommodate technological advancements, the integration of sensor networks to enhance information gathering, and a heightened emphasis on cybersecurity and data protection measures.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Anticipated growth in military expenditure is set to propel the network-centric warfare market. This expenditure covers various aspects such as weapons, operations, maintenance, personnel, and specialized military equipment. The government's increased spending on the military, as highlighted by the European Defense Agency's December 2022 report of a record-breaking $53.4 USD billion purchase of defense equipment, a 16% rise from 2020, and a total defense spending of $228.6 USD billion in Europe, indicates a consistent upward trend for seven years. This surge in expenditure significantly influences the advancement of network-centric warfare capabilities, driving market growth.
The escalating threat landscape in military cyber activities is expected to be a significant driver for the network-centric warfare market. These threats involve targeted cyber actions, often state-sponsored, aiming to compromise digital infrastructure and information systems within military entities. With increased reliance on digital communication, safeguarding military networks becomes imperative. A January 2023 report by Check Point revealed a 38% surge in global cyber-attacks in 2022, with government and military sectors witnessing a notable 46% increase in attacks. This surge in cyber threats emphasizes the crucial need for robust cybersecurity solutions, thereby boosting the network-centric warfare market.
Technological advancements stand out as a prominent trend shaping the network-centric warfare market. Major companies in this sector are actively adopting innovative technologies to sustain market presence. For example, in March 2023, Israel Aerospace Industries introduced SDR-NCO, a cutting-edge software-defined radio system equipped with innovative network-centric operations capabilities. This system facilitates seamless communication across voice, video, and data, enabling effective coordination among diverse military task groups. Its compatibility with modern military and commercial radios further enhances its operational utility.
Emphasizing innovation, major companies operating in the network-centric warfare market are focusing on developing groundbreaking products such as cloud-based electronic warfare planning software. This software, hosted in cloud computing environments, assists in electronic warfare planning and operations. For instance, in December 2023, the Defense Information Systems Agency unveiled the Electromagnetic Battle Management-Joint (EMBM-J), a cloud-based electronic warfare planning software aimed at enhancing situational awareness and coordination among U.S. military commanders. This software consolidates diverse data streams into a unified interface, paving the way for efficient electronic warfare operations with planned future upgrades for expanded functionalities.
In January 2022, BAE Systems plc, a UK-based aerospace company, completed the acquisition of Raytheon's military GPS business from Raytheon Technologies Corporation for $1.9 billion. This strategic acquisition serves BAE Systems' objective of broadening its advanced capabilities, specifically aimed at bolstering the safeguarding of their warfighters in the United States and allied nations. Raytheon Technologies Corporation, a US-based aerospace and defense entity renowned for its offerings in network-centric warfare systems, divested its military GPS business as part of this deal.
Major companies operating in the network centric warfare market report are Cisco Systems Inc., Lockheed Martin Corporation, BAE Systems PLC, Northrop Grumman Corporation, Thales Group, General Dynamics Corporation, Elbit Systems Ltd., L-3 Communications Holdings Inc., Airbus Group N.V., Harris Corporation, Rockwell Collins Inc., Scalable Network Technologies Inc., Lumen Technologies Inc., RAND Corporation, Raytheon Technologies Corporation, L3Harris Technologies Inc., Leonardo S.p.A., Svenska Aeroplan Aktiebolaget, Rheinmetall AG, The Boeing Company, Honeywell International Inc., Cubic Corporation, Kratos Defense & Security Solutions Inc., CACI International Inc., Leidos Holdings Inc., Booz Allen Hamilton Holding Corporation, Science Applications International Corporation (SAIC), ManTech International Corporation, Engility Holdings Inc., Viasat Inc., Mercury Systems Inc., Ultra Electronics Holdings plc, QinetiQ Group plc, Cobham plc.
North America was the largest region in the network-centric warfare market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global network-centric warfare market report during the forecast period. The regions covered in the network centric warfare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the network centric warfare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The network-centric welfare market consists of revenues earned by entities by collaborating to improve resource management and deliver improved information as a member of a complex community of individuals, devices, information, and services connected through a communications network.
The primary types can be categorized by architecture into hardware and software components. Software comprises computer programs, supporting files, and data aiding in the development of advancements for armor and infantry, such as guided munition systems, defense mechanisms for tanks or APCs against explosives and rockets, advanced biosensors for troops, 3D-printed weaponry, and other technological enhancements for soldiers. Mission types are classified as tactical and strategic, while platforms encompass land-based, naval-based, air-based, and unmanned systems. Communication networks span wired and wireless systems, utilized across various applications including Intelligence, Surveillance, and Reconnaissance (ISR) Operations, communications, computers, combat operations, cyber activities, command and control, and electronic warfare.
The network centric warfare market has grown strongly in recent years. It will grow from $58.6 billion in 2023 to $61.76 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. Historical growth in this context can be credited to several factors, including focused training and skill development initiatives, a significant move towards interconnected systems within military operations, the evolution of military doctrines to accommodate technological advancements, the integration of sensor networks to enhance information gathering, and a heightened emphasis on cybersecurity and data protection measures.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Network Centric Warfare Market Characteristics3. Network Centric Warfare Market Trends and Strategies31. Global Network Centric Warfare Market Competitive Benchmarking32. Global Network Centric Warfare Market Competitive Dashboard33. Key Mergers and Acquisitions in the Network Centric Warfare Market
4. Network Centric Warfare Market - Macro Economic Scenario
5. Global Network Centric Warfare Market Size and Growth
6. Network Centric Warfare Market Segmentation
7. Network Centric Warfare Market Regional and Country Analysis
8. Asia-Pacific Network Centric Warfare Market
9. China Network Centric Warfare Market
10. India Network Centric Warfare Market
11. Japan Network Centric Warfare Market
12. Australia Network Centric Warfare Market
13. Indonesia Network Centric Warfare Market
14. South Korea Network Centric Warfare Market
15. Western Europe Network Centric Warfare Market
16. UK Network Centric Warfare Market
17. Germany Network Centric Warfare Market
18. France Network Centric Warfare Market
19. Italy Network Centric Warfare Market
20. Spain Network Centric Warfare Market
21. Eastern Europe Network Centric Warfare Market
22. Russia Network Centric Warfare Market
23. North America Network Centric Warfare Market
24. USA Network Centric Warfare Market
25. Canada Network Centric Warfare Market
26. South America Network Centric Warfare Market
27. Brazil Network Centric Warfare Market
28. Middle East Network Centric Warfare Market
29. Africa Network Centric Warfare Market
30. Network Centric Warfare Market Competitive Landscape and Company Profiles
34. Network Centric Warfare Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on network centric warfare market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for network centric warfare? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered:1) By Architecture: Hardware; Software
2) By Mission Type: Tactical; Strategic
3) By Platform: Land-Based; Naval Based; Air Based; Unmanned
4) By Communication Network: Wired; Wireless
5) By Application: Intelligence, Surveillance, and Reconnaissance (ISR) Operations; Communications; Computers; Combat; Cyber; Command And Control; Electronic Warfare
Key Companies Mentioned: Cisco Systems Inc.; Lockheed Martin Corporation; BAE Systems PLC; Northrop Grumman Corporation; Thales Group
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Cisco Systems Inc.
- Lockheed Martin Corporation
- BAE Systems PLC
- Northrop Grumman Corporation
- Thales Group
- General Dynamics Corporation
- Elbit Systems Ltd.
- L-3 Communications Holdings Inc.
- Airbus Group N.V.
- Harris Corporation
- Rockwell Collins Inc.
- Scalable Network Technologies Inc.
- Lumen Technologies Inc.
- RAND Corporation
- Raytheon Technologies Corporation
- L3Harris Technologies Inc.
- Leonardo S.p.A.
- Svenska Aeroplan Aktiebolaget
- Rheinmetall AG
- The Boeing Company
- Honeywell International Inc.
- Cubic Corporation
- Kratos Defense & Security Solutions Inc.
- CACI International Inc.
- Leidos Holdings Inc.
- Booz Allen Hamilton Holding Corporation
- Science Applications International Corporation (SAIC)
- ManTech International Corporation
- Engility Holdings Inc.
- Viasat Inc.
- Mercury Systems Inc.
- Ultra Electronics Holdings plc
- QinetiQ Group plc
- Cobham plc
Methodology
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