IOT In Defense Market, By Product Type (Radio Frequency, Satellite Communication, Wi-Fi, Cellular), By Application (Inventory Management, Fleet Management, Security, Equipment Maintenance, Others), By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
Report Code: AV1711
Industry: Semiconductor and Electronics
Publiced On: 2023-10-31
Pages: 408
Format:
REPORT HIGHLIGHT
IOT in Defense Market size was valued at USD 41,008.2 Million in 2022, expanding at a CAGR of 15.8% from 2023 to 2030.
The utilization of Internet of Things (IoT) in defense signifies the integration of intelligent devices, sensory technology, and interconnected networks within military systems, aimed at amplifying their capabilities, effectiveness, and operational efficiency. The contemporary landscape of military operations is marked by escalating complexity and volatility, making the incorporation of IoT a strategic imperative. IoT holds the potential to aid defense and military personnel in making well-informed decisions within increasingly high-pressure and dynamic environments.
Numerous nations are actively exploring the deployment of IoT in military and defense applications, addressing a spectrum of challenges encountered in warfare and combat scenarios. For instance, armed forces have harnessed IoT capabilities through unmanned aerial drones equipped with cameras and advanced sensors. These IoT-enhanced drones are instrumental in capturing real-time imagery, mapping terrains, identifying enemy positions, and promptly transmitting data to central command centers. Consequently, officers gain the capacity to maintain vigilant oversight of the battlefield, enabling them to make critical decisions based on the up-to-the-minute data at their disposal.
IOT in defense Market- Market Dynamics
- Adoption of IoT technologies across the aerospace and defense sector are expected to drive the growth of market
Incorporating IoT technologies into the aerospace and defense sectors paves the way for more streamlined resource allocation, proactive maintenance practices, and heightened security protocols. Consider, for instance, the sensors installed on aircraft. These sensors effectively monitor engine performance, fuel consumption, and the structural integrity of the aircraft, facilitating early detection of potential issues before they escalate to critical levels.
Within the aerospace industry, the advent of high-speed connectivity, notably 5G technology, offers the potential to revolutionize in-flight communications. This includes fostering seamless interaction between pilots, ground control, and other aircraft, thereby enhancing safety and operational efficiency. Notably, the U.S. aerospace sector has consistently maintained a robust trade balance, with a staggering USD 77.6 billion surplus in 2019, and it ranks as the second-largest contributor to exports (USD 148 billion) among all manufacturing industries, according to the International Trade Administration.
IOT In Defense Market- Key Insights
- Per the insights presented by our research analyst, the global market for IoT in the defense sector is poised to witness substantial annual growth, with a forecasted Compound Annual Growth Rate (CAGR) of approximately 15.8% during the projection period spanning from 2023 to 2030.
- The IoT landscape within the defense industry is set for expansion, primarily driven by the burgeoning advancements in Asset Management and Monitoring, which are reshaping the sector\'s operational dynamics.
- When examining the market from a product perspective, the Cellular category emerged as the dominant type in the year 2022.
- In terms of geography, North America (especially the U.S.) was the leading revenue generator in 2022
IOT In defense Market- Segmentation Analysis:
The global arena of IoT in the defense sector boasts a multifaceted segmentation, encompassing Product Type, Application, and Regional distinctions.
Within the product spectrum, the market bifurcates into four key categories: Radio Frequency, Satellite Communication, Wi-Fi, and Cellular. Notably, the Cellular segment is poised to take center stage. This prominence is a reflection of the promising fusion of IoT and cellular technologies within the military domain. Such synergy opens up a new frontier by merging connectivity with the immense potential offered by IoT devices. The utilization of cellular networks for IoT applications in defense holds the promise of establishing a robust communication infrastructure, capable of facilitating real-time data transmission and elevating operational efficiency.
IOT In defense Market- Geographical Insights
In terms of geographical presence, the market extends its footprint across diverse regions, encompassing North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Within these regions, a myriad of nations are actively participating in various business activities. It\'s worth noting that the North American region exerts a commanding influence on the IoT in defense market. This dominance can be attributed to the region\'s remarkable strides in technological advancement and its enthusiastic adoption of internet of things technologies.
IOT in defense Market- Competitive Landscape:
Sustaining a competitive edge in the realm of warfare holds paramount importance, and one of the key strategies to achieve this involves harnessing the vast reservoir of data amassed by interconnected Internet of Things (IoT) devices. Drawing from its extensive expertise and insights in the field, Air Force Technology has curated a selection of prominent companies that excel in delivering goods and services related to IoT applications in military contexts.
Current research endeavors are diligently working to create IoT devices that operate on a combination of battery and solar power, offering the added convenience of on-the-fly charging through solar panels or piezoelectric transducers. Furthermore, businesses are adopting several strategic approaches to fortify their market presence and expand their market share. These strategies encompass novel product launches, the expansion of distribution networks, substantial investments in research and development, and strategic mergers and acquisitions.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL IOT IN DEFENCE MARKET KEY PLAYERS
- CACI International Inc.
- Lockheed Martin Corporation
- BAE Systems plc
- Thales Group
- Raytheon Technologies Corporation
- Honeywell International Inc.
- Northrop Grumman Corporation
- SAIC
- L3Harris Technologies Inc.
- General Dynamics Corporation
- Kratos Defense & Security Solutions Inc.
- Siemens AG
- Boeing Company
- Leidos Holdings Inc.
- Cisco Systems Inc.
GLOBAL IOT IN DEFENCE MARKET, BY PRODUCT TYPE
- Radio Frequency
- Satellite Communication
- Wi-Fi
- Cellular
GLOBAL IOT IN THE DEFENCE MARKET, BY APPLICATION
- Inventory Management
- Fleet Management
- Security
- Equipment Maintenance
- Others
GLOBAL IOT IN DEFENCE MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
TABLE OF CONTENT
1. IOT In Defense Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. IOT In Defense Market Snippet by Product Type
2.1.2. IOT In Defense Market Snippet by Application
2.1.3. IOT In Defense Market Snippet by Country
2.1.4. IOT In Defense Market Snippet by Region
2.2. Competitive Insights
3. IOT In Defense Key Market Trends
3.1. IOT In Defense Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. IOT In Defense Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. IOT In Defense Market Opportunities
3.4. IOT In Defense Market Future Trends
4. IOT In Defense Application Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. IOT In Defense Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. IOT In Defense Market Landscape
6.1. IOT In Defense Market Share Analysis, 2022
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. IOT In Defense Market – By Product Type
7.1. Overview
7.1.1. Segment Share Analysis, By Product Type, 2022 & 2030 (%)
7.1.1.1. Radio Frequency
7.1.1.2. Satellite Communication
7.1.1.3. Wi-Fi
7.1.1.4. Cellular
8. IOT In Defense Market – By Application
8.1. Overview
8.1.1. Segment Share Analysis, By Application, 2022 & 2030 (%)
8.1.1.1. Inventory Management
8.1.1.2. Fleet Management
8.1.1.3. Security
8.1.1.4. Equipment Maintenance
8.1.1.5. Others
9. IOT In Defense Market– By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2022 & 2030 (%)
9.2. North America
9.2.1. Overview
9.2.2. IOT In Defense Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.2.4. North America Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.2.5. North America Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.2.6.3. U.S. Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.2.6.4. U.S. Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.2.7.3. Canada Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.2.7.4. Canada Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. IOT In Defense Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.5. Europe Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.6.3. Germany Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.6.4. Germany Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.7.3. Italy Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.7.4. Italy Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.8.3. United Kingdom Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.8.4. United Kingdom Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.9.3. France Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.9.4. France Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.10. Russia
9.3.10.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.10.2. Russia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.10.3. Russia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.11. Netherlands
9.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.11.2. Netherlands Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.11.3. Netherlands Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.12. Sweden
9.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.12.2. Sweden Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.12.3. Sweden Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.13. Poland
9.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.13.2. Poland Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.13.3. Poland Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.14. Rest of Europe
9.3.14.1. Overview
9.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.14.3. Rest of the Europe Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.3.14.4. Rest of the Europe Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. IOT In Defense Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.6.3. India Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.6.4. India Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.7.3. China Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.7.4. China Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.8.3. Japan Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.8.4. Japan Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.9. South Korea
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.9.3. South Korea Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.9.4. South Korea Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.10. Australia
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.10.3. Australia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.10.4. Australia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.11. Thailand
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.11.3. Thailand Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.11.4. Thailand Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.12. Indonesia
9.4.12.1. Overview
9.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.12.3. Indonesia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.12.4. Indonesia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.13. Philippines
9.4.13.1. Overview
9.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.13.3. Philippines Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.13.4. Philippines Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.14. Rest of APAC
9.4.14.1. Overview
9.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.14.3. Rest of APAC Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.4.14.4. Rest of APAC Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. IOT In Defense Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.6.3. Brazil Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.6.4. Brazil Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.7.3. Mexico Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.7.4. Mexico Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.8.3. Argentina Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.8.4. Argentina Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.9. Colombia
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.9.3. Colombia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.9.4. Colombia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.10.3. Rest of LATAM Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.5.10.4. Rest of LATAM Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. IOT In Defense Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.6.3. Saudi Arabia Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.6.4. Saudi Arabia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.7.3. United Arab Emirates Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.7.4. United Arab Emirates Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.8. Israel
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.8.3. Israel Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.8.4. Israel Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.9. Turkey
9.6.9.1. Overview
9.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.9.3. Turkey Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.9.4. Turkey Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.10. Algeria
9.6.10.1. Overview
9.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.10.3. Algeria Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.10.4. Algeria Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.11. Egypt
9.6.11.1. Overview
9.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.11.3. Egypt Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.11.4. Egypt Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.12. Rest of MEA
9.6.12.1. Overview
9.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.12.3. Rest of MEA Market Size and Forecast, By Product Type, 2018 - 2030 (US$ Million)
9.6.12.4. Rest of MEA Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
10. Key Vendor Analysis- IOT In Defense Application
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. CACI International Inc.
10.2.2. Lockheed Martin Corporation
10.2.3. BAE Systems plc
10.2.4. Thales Group
10.2.5. Raytheon Technologies Corporation
10.2.6. Honeywell International Inc.
10.2.7. Northrop Grumman Corporation
10.2.8. SAIC
10.2.9. L3Harris Technologies Inc.
10.2.10. General Dynamics Corporation
10.2.11. Kratos Defense & Security Solutions Inc.
10.2.12. Siemens AG
10.2.13. Boeing Company
10.2.14. Leidos Holdings Inc.
10.2.15. Cisco Systems Inc.
11. 360 Degree Analyst View
12. Appendix
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us