Military Computers Market: Global Industry Analysis and Forecast (2023-2029)

The Military Computers Market was valued at US$ 9.46 Bn. in 2022. Global Military Computers Market size is expected to grow at a CAGR of 5.54 % through the forecast period.
Military Computers Market Overview:
Today military computers are used for various tasks, proving their importance in the military. Computers provide a direct network that allows multiple communication lines between different parties in the military. Communication is the most important aspect. Communication is paramount to the military as it speeds up the process and enables smoother decision-making.

The computers serve in an array of functions & capacities, their beginnings were modest mostly to help in the measurements and mathematics. They form a core part of almost every aspect or branch of the military. Military computers and their roles have become more and more advanced and extremely important over time. Computers help you to see and analyze what is happening with the technology which is under development, including more autonomous drones and smaller gadgets.To know about the Research Methodology :- Request Free Sample Report
Military Computers Market Dynamics:
Military Computers Market Drivers:

1. Increased demand for advanced technologies: Rising tensions between the borders, the chances of the 3rd world war, and other several reasons are impacting the market because every country wants to build a strong military with advanced technologies to save the nation from attacks.

Advanced computer technology is helping in the revolution of infantry and armor. Things like guided missile systems, rocket and explosive defense systems for tanks, advanced biosensors for soldiers, 3D printable weaponry, and other noticeable trends in the military. Artificial Intelligence technology is computer-based and the market for AI market in the military is growing at a CAGR of 13% and is expected to reach US$ 141.22 Bn by 2029.

2. Increased government spending on the military: The security of any country depends on the military. The military implements internal and external policies and protects its people. National security is the responsibility of the government, including the security of its people, and economy. National security is a top priority and requires a large budget for construction and maintenance. These spendings are commonly referred to as military spending. The military expenditure reached US$ 2113 Bn in 2022.

3. Increased Military Aircraft orders: The demand for Military Aircraft orders are increasing. India has ordered 36 Rafale fighter jets from Russia, a deal of Rs. 60000 crore is almost completed as 35 Rafales are landed in India and only 1 is left. Also, India is going to manufacture fighter aircrafts worth US$ 20 Bn. Increase in combat aircraft will increase demand for military computers market and drive the market growth.

Military Computers Market Opportunities: The market is experiencing new advanced technologies such as military single board computers. It has equipped with advanced processors for the development of military computers, which offers several growth opportunities for the military computer market.

In addition, the arms market is implementing digital infrastructure in the defence sector, which offers more opportunities for the development of the market. The government of India announced that a 25% annual research and development budget is reserved for projects spearheaded by startups and private companies. Major incentives for the Indian defence manufacturing include reserving a 68% Capex acquisition budget for weapons purchases from the domestic market and increased allocation for border roads development. The governments are supportive of adopting new technologies and investing in R and D for the military. These opportunities will increase for military computers soon.

Military Computers Market Restraints: The advanced military computer market has some limitations that can pose a threat to the market. Today, investment in the manufacturing of military computers is increasing, and an increased risk of malfunction can limit the growth of the international market.

However, new research advances have been introduced to reduce the impact of restrictions. By adopting the latest military computer software, you can identify your friendly forces and reduce the impact of restrictions.
Military Computers Market Segment Analysis:
Based on Type, the rugged segment is expected to grow at a CAGR of 6.2% through the forecast period due to the high demand for rugged computers and wearables by the military around the world. The rugged segment is expected to reach a US$ 7.5 Bn value by 2029.

The military is focusing more on portable and technologically advanced computers used in war zones. Military equipment such as laptops, handhelds, and wearables require robustness to survive and function properly in extreme environmental and operating conditions.

Militaries are showing interest in wearable computers for fast and accurate information to soldiers on the ground. Wearable systems are beneficial in tracking real-time data about soldiers easily and in tracking the health of soldiers which is the most important benefit of wearable computers. The easy portability and accuracy in terms of information transfer are expected to drive this segment soon. The embedded computers segment is expected to grow at a CAGR of 5.1% through the forecast period.

Based on the Application, the high procurement of military aircraft around the world and recent advancements in military aircraft technology are expected to drive the market growth. The military aircraft market is growing at a CAGR of 4.8%.

Warships and naval vessels are intentionally built for war and are part of the national navy. Warships are much faster, safer, and more mobile than commercial ships and are an important component of the national navy. The naval vessels market was valued at US$ 60.5 Bn in 2022 and it is expected to reach US$ 85.4 Bn through the forecast period with a CAGR of 4.9%.
Regional Insights:
The North America market is dominated the military computers market with 30% share in 2022. The huge military budget of the US and the high level of advancements in the technology of US military defense systems are reasons for dominating the market. US spends around US$ 801 Bn on the military. Huge spending on the R and D for weapon developments and futuristic technology developments is driving the market growth in this region. The US is the leading country with the highest spending on the military. Canada is expected to grow at a CAGR of 4.4% through the forecast period.

Asia Pacific region is showing the fastest growth, India and China are dominating in this region. China and India are ranked 2nd and 3rd for military spending in 2022. Both countries are focusing on their military and making them stronger. China is expected to reach the US$ 2.7 Bn market by growing at a CAGR of 9.1% through the forecast period. Also, Japan is expected to grow at a CAGR of 3.1% through the forecast period.

Within the Europe region, Russia and UK are the leading countries according to their spending on the Military. As per the current clashes in the Europe region, the demand for the military and defense market will increase. Every country wants its military to be the best so that it can protect its country from attacks. Germany is expected to grow at a CAGR of 3.9% through the forecast period.

The objective of the report is to present a comprehensive analysis of the global Military Computers Market to the stakeholders in the industry. The past and current status of the industry with the forecast market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Military Computers Market dynamic, and structure by analyzing the market segments and projecting the Military Computers Market size. Clear representation of competitive analysis of key players by Product type, price, financial position, product portfolio, growth strategies, and regional presence in the Military Computers Market make the report investor’s guide.
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Global Military Computers Market


Base Year
2022
Forecast Period
2023-2029


Historical Data
CAGR
Market Size in 2022
Market Size in 2029


2018 to 2022
5.54%
US$ 9.46 Bn
US$ 13.80 Bn


Segments Covered


by Type
1.  Rugged Computers
1.1. Portable Computers
2. Rugged Laptops
3. Rugged Tablets
4. Rugged Notebooks
5. Rugged Handhelds
5.1 Wearable Computers
6. Rugged Smart Glasses
7. Wearable Cuffs
8. Embedded Computers
8.1 Flight Control
8.2 Utility Control
8.3 Fire Control
8.4 Positioning
8.5 Vetronics
8.6 Air Defense Systems
by Application
1. Ground
2. Aircraft
3. Naval
by Installation
1. New Installation
2. Upgradation


Regions Covered


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South America



Key Players
1. Elbit Systems Ltd
2. Raytheon Company
3. Thales Group
4. Safran Group
5. Cobham PLC
6. Curtiss-Wright Corporation
7. Collins Aerospace
8. Getac Technology Corporation
9. Northrop Grumman Corporation
10. Panasonic Corporation
11. Zebra Technologies Corporation
12. General Dynamics Corporation
13. Saab AB
14. BAE Systems
15. L3 Technologies Inc.
16. Honeywell International Inc.

Frequently Asked Questions:

1] What segments are covered in the Global Military Computers Market report?
Ans. The segments covered in the Military Computers Market report are based on Type, Application, and Installation.

2] Which region is expected to hold the highest share in the Global Military Computers Market?
Ans. The North America region is expected to hold the highest share in the Military Computers Market.

3] What is the market size of the Global Military Computers Market by 2029?
Ans. The market size of the Military Computers Market by 2029 is expected to reach US$ 13.80 Bn.

4] What is the forecast period for the Global Military Computers Market?
Ans. The forecast period for the Military Computers Market is 2023-2029.

5] What was the market size of the Global Military Computers Market in 2022?
Ans. The market size of the Military Computers Market in 2022 was valued at US$ 9.46 Bn.