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The global Military IoT market was valued at US$ 11300 million in 2022 and is projected to reach US$ 16700 million by 2029, at a CAGR of 5.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Internet of Military/Battlefield Things is a network of sensors, wearables, and IoT devices that use cloud and edge computing to create a cohesive fighting force.
This report aims to provide a comprehensive presentation of the global market for Military IoT, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Military IoT. This report contains market size and forecasts of Military IoT in global, including the following market information:
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Wi-Fi Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Military IoT include Honeywell International, Northrop Grumman Corporation (US), AeroVironment, FreeWave Technologies, AT&T Inc. (US), General Atomics (US), FLIR Systems Inc. (US), Textron Systems (US) and Reliance Industries Limited (India), etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Military IoT companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Military IoT Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Military IoT Market Segment Percentages, by Type, 2022 (%)
Global Military IoT Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Military IoT Market Segment Percentages, by Application, 2022 (%)
Global Military IoT Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Military IoT Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Military IoT revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Military IoT revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: