Military Software Market Outlook - 2027
Defense forces from different countries across the globe are using various software into weapons and other systems used on land, naval, airborne, and space platforms. Using software in systems based on these platforms has enabled the development of efficient warfare systems, which are less prone to human error.
It has also led to increased synergy and enhanced performance of warfare systems while requiring less maintenance. These military software are being used for many purposes such as cyber security, logistic & transportation, target recognition, and battlefield healthcare.
COVID-19 scenario analysis
- The global market for military software is severely impacted by the outbreak of the COVID-19 pandemic.
- The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns.
- Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
- Thus, insufficiency in raw material supply is expected to hamper the production rate of military software, which negatively impact the market growth.
- However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Highly integrated system
Adoption of military software systems provides high integration between control devices, sensors, and communication devices. This is one of the major driving point for Military software systems market.
In addition, emerging technologies like Internet of things (IOT), artificial intelligence (AI) and their adoption in Military software systems has made battlefield communication much speedier and clear than ever before.
Even a minor technical glitch or a cyber-attack in any part of the software system can lead to failure of whole Military software systems is the main restraint factor for Military software systems market.
Military Software Market trends are as follows:
Virtual software factory
Raytheon has developed a virtual software factory to accelerate the development of military software in order to help build counter-threat capabilities for the armed forces. The software factory consists of a mix of physical coding spaces, Cloud-based tools, and software experts. It will seek to quickly provide new capabilities to the military.
The virtual software factory was developed in response to calls by military leaders for a change in how software is developed by following the approach used by the consumer technology industry. The factory will allow it to adopt modern software development methods, such as Agile and DevOps, across the company’s programs.
One of the key tools offered by the virtual factory includes a Cloud-based toolset known as ‘pipeline-in-a-box’.
Military software use for defense platforms
Thales has signed a contract with the French ministry for the Armed Forces “Defense Platform” project. This project, which serves all of the ministry’s users (military, civilian defense, and affiliated personnel), enables the design, development in “agile mode” and the immediate production release of data-driven applications for new use cases, as well as their secure storage and exchange.
Key benefits of the report:
- This study presents the analytical depiction of the military software market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the military software market share.
- The current market is quantitatively analyzed to highlight military software market.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed military software market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in military software market report:
- Which are the leading players active in the military software market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
Military Software Market Report Highlights
| Aspects | Details |
 By Technology |
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 By Application |
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 By Region |
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 Key Market Players | Raytheon Company, Charles Corporation, Northrop Grumman, Nvidia, Lockheed Martin, Soartech, General Dynamics, Thales Group, IBM, Bae System |
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