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Digital Battlefield Market worth $68.9 billion by 2025
iCrowd Newswire
According to the new market research report
Digital Battlefield Market by Solution (Hardware, Software, Service) Platform (Airborne, Naval, Land, Space), Application, Technology (Artificial Intelligence, IOT, Big Data, 5G, Cloud Computing and Master Data Management), Region - Global Forecast to 2025″, published by MarketsandMarkets™, the market is estimated at USD 32.9 billion in 2020 and is projected to reach USD 68.9 billion by 2025, at a CAGR of 15.9% from 2020 to 2025. Demand among defense forces remains high due to military upgrades as well as new procurement programs, particularly in developed and developing economies such as the US, India, and China, among others. Some of the major factors driving this market include increasing inclination towards cloud services in military & defense, rising modernization and investments in the defense sector for developing military equipment and foreign intellig