Network Centric Warfare Market Size (2024 - 2029)

The network-centric warfare market is experiencing growth driven by increased military expenditure and the integration of advanced technologies in the defense sector. This market expansion is characterized by the adoption of artificial intelligence and other next-generation technologies, which enhance situational awareness and decision-making capabilities. The demand for network-centric solutions is particularly rising in Europe due to security concerns stemming from geopolitical tensions. As nations invest heavily in these technologies, the market size is expected to grow, reflecting the evolving dynamics of modern warfare and defense strategies.

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Market Size of Network Centric Warfare Industry

Network Centric Warfare Market Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.50 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration High

Major Players

Network Centric Warfare Market Major Players

*Disclaimer: Major Players sorted in no particular order

Network Centric Warfare Market Analysis

The network-centric warfare market is expected to register a CAGR of over 4.5% during the forecast period.

  • The global defense sector has witnessed the minimal impact of the COVID-19 pandemic. The global military expenditure reached approximately USD 2 trillion in 2021. Thus, the growing defense budget from several nations and the introduction of advanced technologies in the defense sector are changing the dynamics of the defense sector. According to the International Data Corporation (IDC) artificial intelligence guide, global spending on artificial intelligence, including AI-centric systems, reached USD 118 billion in 2022.
  • Network-centric Warfare (NCW) is the combination of emerging tactics, techniques, and procedures used by the networked forces to create a decisive warfighting advantage. It generates increased combat power by networking sensors, shooters, and decision-makers to achieve shared awareness, a high tempo of operations, increased speed of command, greater lethality, a degree of self-synchronization, and raised survivability. It provides an enhanced shared awareness of the situation and enables more rapid and effective decision-making. Furthermore, the Russia-Ukraine war leads to rising demand for network-centric solutions from European countries due to increasing insecurity and threat to NATO countries from Russia.
  • Major countries are highly investing in next-generation technologies to transform their defense capabilities. The growing adoption of advanced technologies such as artificial intelligence, virtual reality, and augmented reality leads to improved situational awareness and real-time decision-making. Furthermore, AI in defense provides various advantages, such as target recognition, strategic decision-making, threat monitoring, combat simulation, and cybersecurity.

Network Centric Warfare Industry Segmentation

Network-centric warfare is the combination of strategies and techniques that help networked forces for improved decision-making during battlefield operations. It is used in military communication, command and control, cyber, and other combat operations.

Network-centric warfare market is segmented based on application, platform, and geography. By application, the market is segmented into intelligence, surveillance, and reconnaissance (ISR), communications, command and control, computer, and cyber. By platform, the market is segmented into land, air, and naval. By geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.

The market sizing and forecasts have been provided in value (USD billion).

Application
Intelligence, Surveillance, and Reconnaissance (ISR)
Communications
Command and Control
Computer
Cyber
Platform
Land
Air
Naval
Geography
North America
United States
Canada
Europe
Germany
United Kingdom
France
Russia
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East and Africa
United Arab Emirates
Saudi Arabia
Israel
Rest of Middle East and Africa
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Network Centric Warfare Market Size Summary

The network-centric warfare market is poised for significant growth, driven by the increasing defense budgets and the integration of advanced technologies within the global defense sector. This market is characterized by the use of emerging tactics and technologies to enhance combat effectiveness through improved situational awareness, rapid decision-making, and integrated military operations. The ongoing geopolitical tensions, such as the Russia-Ukraine conflict, have further fueled the demand for network-centric solutions, particularly in Europe, as countries seek to bolster their defense capabilities against potential threats. The adoption of artificial intelligence, virtual reality, and augmented reality is transforming defense operations, offering advantages in areas like target recognition, threat monitoring, and cybersecurity, thereby contributing to the market's expansion.

North America, led by the United States, dominates the network-centric warfare market due to its substantial defense expenditure and focus on integrating AI-enabled devices and advanced network solutions. The U.S. Department of Defense's significant investments in military intelligence, surveillance, and reconnaissance capabilities underscore the importance of real-time information in combat operations. The market is consolidated, with major players like Northrop Grumman, Thales Group, BAE Systems, Raytheon Technologies Corporation, and Lockheed Martin Corporation holding significant shares. The development of next-generation technologies and strategic partnerships to enhance defense forces' capabilities are key drivers of market growth, with ongoing contracts and investments highlighting the commitment to advancing network-centric warfare solutions.

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Network Centric Warfare Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Application

      1. 2.1.1 Intelligence, Surveillance, and Reconnaissance (ISR)

      2. 2.1.2 Communications

      3. 2.1.3 Command and Control

      4. 2.1.4 Computer

      5. 2.1.5 Cyber

    2. 2.2 Platform

      1. 2.2.1 Land

      2. 2.2.2 Air

      3. 2.2.3 Naval

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Russia

        5. 2.3.2.5 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 India

        2. 2.3.3.2 China

        3. 2.3.3.3 Japan

        4. 2.3.3.4 South Korea

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 Latin America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Rest of Latin America

      5. 2.3.5 Middle East and Africa

        1. 2.3.5.1 United Arab Emirates

        2. 2.3.5.2 Saudi Arabia

        3. 2.3.5.3 Israel

        4. 2.3.5.4 Rest of Middle East and Africa

Network Centric Warfare Market Size FAQs

The Network Centric Warfare Market is projected to register a CAGR of greater than 4.5% during the forecast period (2024-2029)

Northrop Grumman, Raytheon Technologies Corporation, Lockheed Martin Corporation, BAE Systems and Thales Group are the major companies operating in the Network Centric Warfare Market.

Network Centric Warfare Report Snapshots

Network Centric Warfare Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)