Press Release Description
Mounting Military Expenditure to Push the US Battle Management Systems Market
The US Battle Management Systems market is projected to grow at a CAGR of 4.59% in the forecast period of 2023-28, says MarkNtel Advisors in their recent research report. The growing inclination of forces to establish multi-domain battle spaces so that enemies could be identified easily with secured communication among the various platforms has accentuated the need for a unified communication system among the armed forces. The demand for a unified communication system has also been supported due to various domestic and overseas missions being conducted by the personnel in different battle environment that requires the deployment of a robust battle management system.
In addition to it, the military expenditure of the US government is also constantly growing which has assisted in the fast adoption of new technologies for communication and hardware upgradation to make the forces more efficient and compatible to fight in a joint combat operation. This is one of the prominent factors projected to increase the demand for the battle management system in the US during the forecast period, reveals MarkNtel Advisors in their research report, “The US Battle Management Systems Market Analysis, 2023."
Headquarters & Command & Control Center to Amplify the Market Growth
Based on the platform, the market is segmented as Armored Vehicle, Headquarters & Command & Control Center, and Soldier Systems. Among them, Headquarters & Command & Control Center accounted for the majority of the market share. The US government has a heavy deployment of forces in the international base stations in Africa Command, Central Command, Europe Command, Indo-Pacific Command, etc. These command centers require real-time communication tools & technologies to aid commanders in planning & executing strategic and tactical missions in real time.
To communicate within the friendly forces as well as with the other allied partner countries under North Atlantic Treaty Organization (NATO) alliance, the military is striving its efforts to adopt a unified communication sharing platform that can cater to its needs. With the growing focus on unified communication systems the US armed forces have started the adoption of battle management systems with the deployment in various command & control centers across the globe.
The US Battle Management Systems market is projected to grow at a CAGR of 4.59% in the forecast period of 2023-28, says MarkNtel Advisors in their recent research report. The growing inclination of forces to establish multi-domain battle spaces so that enemies could be identified easily with secured communication among the various platforms has accentuated the need for a unified communication system among the armed forces. The demand for a unified communication system has also been supported due to various domestic and overseas missions being conducted by the personnel in different battle environment that requires the deployment of a robust battle management system.
In addition to it, the military expenditure of the US government is also constantly growing which has assisted in the fast adoption of new technologies for communication and hardware upgradation to make the forces more efficient and compatible to fight in a joint combat operation. This is one of the prominent factors projected to increase the demand for the battle management system in the US during the forecast period, reveals MarkNtel Advisors in their research report, “The US Battle Management Systems Market Analysis, 2023."
Headquarters & Command & Control Center to Amplify the Market Growth
Based on the platform, the market is segmented as Armored Vehicle, Headquarters & Command & Control Center, and Soldier Systems. Among them, Headquarters & Command & Control Center accounted for the majority of the market share. The US government has a heavy deployment of forces in the international base stations in Africa Command, Central Command, Europe Command, Indo-Pacific Command, etc. These command centers require real-time communication tools & technologies to aid commanders in planning & executing strategic and tactical missions in real time.
To communicate within the friendly forces as well as with the other allied partner countries under North Atlantic Treaty Organization (NATO) alliance, the military is striving its efforts to adopt a unified communication sharing platform that can cater to its needs. With the growing focus on unified communication systems the US armed forces have started the adoption of battle management systems with the deployment in various command & control centers across the globe.
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