Report Id: ADIOTD517
IOT in Defense Market By Component Analysis (Hardware, Software, Services); By Connectivity Technology Analysis (Cellular, Wi-Fi, Satellite Communication, Radio Frequency); By Industrial Vertical Analysis (Real Time Fleet Management (RTFM), Health Monitoring Training & Simulation, Training & Simulation, Equipment Maintenance, Inventory Management) and By Regional Analysis – Global Forecast by 2023 - 2028
The IoT in Defense Market is expected to be around US$ 35.90 Billion by 2028 at a CAGR of 12% in the given forecast period.
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Major Players
- AeroVironment Inc.
- AT & T
- Textron Systems
- Northrup Grunman
- Elbit Systems
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
11
REPORT DESCRIPTION
The IoT in Defense Market is expected to be around US$ 35.90 Billion by 2028 at a CAGR of 12% in the given forecast period.
The requirement to improve the national security has surged the demand for global IoT in defense market. The defense industry of an area is perceived as a valuable asset for the national territory, and it is vital that this sector be equipped with advanced technology. As a result, demand for military IoT in the defense industry has been rising at a rapid pace in the past few years. National territories desperately require higher physical security on a national scale, and defense IoT plays a prominent role in achieving this goal. The infrastructure potentials of defense sector have changed drastically over the last decade. Furthermore, the availability of a unified electronic manufacturing base across countries has also played a vital role in the growth of the global IoT in defense market.
The global IoT in Defense market is segregated on the basis of Application as Equipment Maintenance, Health Monitoring, Real-Time Fleet Management, Training & Simulation and Inventory Management. Based on Element the global IoT in Defense market is segmented in Software, Hardware and Services. Based on Accessibility the global IoT in Defense market is segmented in Cellular, Wi-Fi, Radio Frequency Identification and Others.
The global IoT in Defense market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The IoT in Defense market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Freewave Technologies, Northrop Grumman, At & T, Radisys, Aerovironment Inc., General Atmoics, Aeronautical Sysytems, Textron Sysytems, Honeywell International Inc., and others are among the major players in the global IoT in Defense market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The IoT in Defense Market has been segmented as below:
IoT in Defense Market, By Application
- Equipment Maintenance
- Health Monitoring
- Real-Time Fleet Management
- Training & Simulation
- Inventory Management
IoT in Defense Market, By Element
- Software
- Hardware
- Services
IoT in Defense Market, By Accessibility
- Cellular
- Wi-Fi
- Radio Frequency Identification
- Others
IoT in Defense Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
IoT in Defense Market, By Company
- Freewave Technologies
- Northrop Grumman
- At & T
- Radisys
- Aerovironment Inc.
- General Atmoics
- Aeronautical Sysytems
- Textron Sysytems
- Honeywell International Inc.
- Elbit Systems
- Prox Dynamics
The report covers:
- Global IoT in Defense market sizes from 2021 to 2028, along with CAGR for 2023-2028
- Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
- Global IoT in Defense market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IoT in Defense market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global IoT in Defense market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT in Defense market share. Major industry players with significant revenue share include Freewave Technologies, Northrop Grumman, At & T, Radisys, Aerovironment Inc., General Atmoics, Aeronautical Sysytems, Textron Sysytems, Honeywell International Inc., and others.
Reasons to Buy this Report:
- Gain detailed insights on the IoT in Defense industry trends
- Find complete analysis on the market status
- Identify the IoT in Defense market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
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MARKET SEGMENTATION
1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter's Five Force Analysis
5. IoT in Defense Market, By Application
5.1. Introduction
5.2. Equipment Maintenance
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Health Monitoring
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Real-Time Fleet Management
5.4.1. Market Overview
5.4.2. Market Size and Forecast
5.5. Training & Simulation
5.5.1. Market Overview
5.5.2. Market Size and Forecast
5.6. Inventory Management
5.6.1. Market Overview
5.6.2. Market Size and Forecast
6. IoT in Defense Market, By Element
6.1. Introduction
6.2. Software
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Hardware
6.3.1. Market Overview
6.3.2. Market Size and Forecast
6.4. Services
6.4.1. Market Overview
6.4.2. Market Size and Forecast
7. IoT in Defense Market, By Accessibility
7.1. Introduction
7.2. Cellular
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Wi-Fi
7.3.1. Market Overview
7.3.2. Market Size and Forecast
7.4. Radio Frequency Identification
7.4.1. Market Overview
7.4.2. Market Size and Forecast
7.5. Others
7.5.1. Market Overview
7.5.2. Market Size and Forecast
8. IoT in Defense Market, By Geography
8.1. Introduction
8.2. North America
8.2.1. North America IoT in Defense, By Application
8.2.2. North America IoT in Defense, By Element
8.2.3. North America IoT in Defense, By Accessibility
8.3. Europe
8.3.1. Europe IoT in Defense, By Application
8.3.2. Europe IoT in Defense, By Element
8.3.3. Europe IoT in Defense, By Accessibility
8.4. Asia-Pacific
8.4.1. Asia-Pacific IoT in Defense, By Application
8.4.2. Asia-Pacific IoT in Defense, By Element
8.4.3. Asia-Pacific IoT in Defense, By Accessibility
8.5. Rest of the World
8.5.1. Rest of the World IoT in Defense, By Application
8.5.2. Rest of the World IoT in Defense, By Element
8.5.3. Rest of the World IoT in Defense, By Accessibility
9. Competitive Insights
9.1. Key Insights
9.2. Company Market Share Analysis
9.3. Strategic Outlook
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profiles
10.1. Freewave Technologies
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Northrop Grumman
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. At & T
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Radisys
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Aerovironment Inc.
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. General Atmoics
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. Aeronautical Sysytems
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
10.8. Textron Sysytems
10.8.1. Company Overview
10.8.2. Product/Service Landscape
10.8.3. Financial Overview
10.8.4. Recent Developments
10.9. Honeywell International Inc.
10.9.1. Company Overview
10.9.2. Product/Service Landscape
10.9.3. Financial Overview
10.9.4. Recent Developments
10.10. Elbit Systems
10.10.1. Company Overview
10.10.2. Product/Service Landscape
10.10.3. Financial Overview
10.10.4. Recent Developments
10.11. Prox Dynamics
10.11.1. Company Overview
10.11.2. Product/Service Landscape
10.11.3. Financial Overview
10.11.4. Recent Developments
The IOT in Defense has been segmented as below:
By Component Analysis:
- Hardware
- Software
- Services
By Connectivity Technology Analysis:
- Cellular
- Wi-Fi
- Satellite Communication
- Radio Frequency
- Others
By Industrial Vertical Analysis:
- Real Time Fleet Management (RTFM)
- Health MonitoringTraining & Simulation
- Training & Simulation
- Equipment Maintenance
- Inventory Management
- Others
By Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Rest of the World
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of IoT in Defense Market?
The market is expected to grow at a CAGR of 12% during the study period (2023-2028)
How big is the IoT in Defense Market value?
IoT in Defense Market is expected to reach at US$ 35.90 Billion by 2028
What is the segment’s covered for the IoT in Defense Market?
The segment included in IoT in Defense Market is Component, Connectivity Technology, Industrial Vertical and region.
Who are the major key vendors in the IoT in Defense Market?
Some key players operating in the IoT in Defense Market include AeroVironment, Inc., AT & T, Textron Systems, Northrup Grunman, Elbit Systems, Honeywell International, Inc., General Atomics Aeronautical Systems
What are the different forms of the report available?
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• PDF
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• Spreadsheet/ Workbook
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