PUBLISHER: The Business Research Company | PRODUCT CODE: 1742126
PUBLISHER: The Business Research Company | PRODUCT CODE: 1742126
Military embedded systems are specialized computing systems designed for defense applications, integrating hardware and software components to perform critical functions in military operations. These systems are embedded into military platforms such as aircraft, naval vessels, ground vehicles and space assets, enabling real-time data processing, communication, control and automation.
The military embedded systems market consists of sales by entities (organizations, sole traders and partnerships) of military embedded systems hardware and software that are utilized by defense forces, intelligence agencies and defense contractors for a range of operational needs, including intelligence gathering, surveillance, command and control, electronic warfare and weapons systems management.
The global military embedded systems market was valued at $1,330.84 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 5.00%.
Increased Government And Defense Investment
The increased government and defense investment fueled the growth of the military embedded systems market during the historic period. Government and defense investment refers to the allocation of public funds toward military capabilities, national security and defense-related infrastructure and technology. Rising geopolitical tensions, modernization of military equipment, increased cybersecurity threats, expansion of defense budgets and technological advancements in warfare drive increased government and defense investment, proven by the continuous procurement of next-generation fighter jets to enhance military capabilities. Military embedded systems enhance defense investment by providing advanced computing, communication and surveillance capabilities essential for modern warfare and mission-critical operations. For instance, in April 2024, according to 2023 report published by the Ministry of Defense, a UK-based government ministry, in both 2022 and 2023, the UK government allocated £2.3 billion ($2.89 billion) in military support, with an increase to £2.5 billion (3.14 billion) planned for the following year, while defense spending rose from £52.8 billion ($66.25 billion) in 2022/23 to £54.2 billion ($68.00 billion) in 2023/24. Therefore, the increased government and defense investment drove the growth of the military embedded systems market.
Rugged Embedded AI Supercomputers Enhance Military Autonomous Systems And Surveillance
Major companies operating in the military embedded systems market are focusing on developing technological advancements such as rugged embedded AI (artificial intelligence) supercomputers to enhance AI-driven real-time processing for military autonomous systems and surveillance in harsh environments. A rugged embedded AI supercomputer is a high-performance computing system designed to operate reliably in harsh and remote environments, combining advanced AI capabilities, such as deep learning and signal processing, with ruggedized hardware that meets stringent military standards for durability, low size, weight and power (SWaP) requirements. For instance, in September 2024, Aitech, a US-based company that provides rugged embedded computing systems and solutions for a variety of high-profile defense, space and commercial programs, launched the A230 Vortex. The newly introduced A230 Vortex is a rugged embedded AI supercomputer optimized for AI (artificial intelligence), deep learning and video/signal processing in military applications.
The global military embedded systems markets is fairly fragmented, with large players operating in the market. The top 10 competitors in the market made up 15.10% of the total market in 2023.
Military Embedded Systems Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global military embedded systems market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for military embedded systems? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The military embedded systems market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider military embedded systems market; and compares it with other markets.