The global supersonic and hypersonic aircraft market was valued at $4,137.3 million in 2021, and it is expected to reach $5,400.4 million by 2032, growing at a CAGR of 2.73% during the forecast period 2022-2032.
The global advanced missile defense system market was valued at $21.82 billion in 2021, which is expected to grow with a CAGR of 2.18% during the forecast period 2022-2032 and reach $27.05 billion by 2032.
The global high-speed aircraft and missiles composite material market was valued to be at $1,631.9 million in 2021, which is expected to grow with a CAGR of 2.47% during the forecast period 2022-2032 and reach $2,083.0 million by 2032.
The global radiation-hardened electronics for space applications market is estimated to reach $4,761.1 million in 2032 from $2,348.0 million in 2021, at a growth rate of 1.70% during the forecast period.
The global biometric authentication and identification market is estimated to reach $8,798.9 million in 2026, at a compound annual growth rate (CAGR) of 16.30% during the forecast period 2021-2026.
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The global military synthetic and digital training solution market is estimated to reach $17,385.8 million in 2026, at a compound annual growth rate (CAGR) of 9.45% during the forecast period 2021-2026.
The global mission-critical interconnect solution market is estimated to reach $43,424.0 million in 2026, at a compound annual growth rate (CAGR) of 16.19% during the forecast period 2021-2026.
The global hypersonic technology industry analysis by BIS Research projects the market to have significant growth of CAGR 8.45% during the forecast period 2021-2031.
The global cognitive electronic warfare system industry analysis by BIS Research projects the market to have significant growth of CAGR 21.54% during the forecast period 2023-2033.
The global radiation-hardened electronics industry analysis by BIS Research projects the market to have growth with CAGR of 3.90% based on the values during the forecast period from 2020 to 2025.
The North America advanced rocket and missile propulsion systems market is anticipated to grow at a CAGR of 6.94% based on market value during the forecast period 2020-2025.
The defense electronics security and cybersecurity industry analysis by BIS Research projects the market to grow at a significant CAGR of 9.65% on the basis of value during the forecast period from 2020 to 2025.
The advanced rocket and missile propulsion systems market is anticipated to grow at a CAGR of 9.65% based on market value during the forecast period 2020-2025.
The global CBRNE defense system market generated $13.56 billion in 2019 and is estimated to grow at a CAGR of 4.10%, during 2020-2025.
The anti-money laundering software industry analysis by BIS Research projects the market to grow at a significant CAGR of 14.12% on the basis of value during the forecast period from 2020 to 2025.
The global super soldier wearable technology market is expected to witness substantial growth over the forecast period 2020-2025.
The global military ammunition market generated $57.89 billion in 2019 and is estimated to grow at a CAGR of 5.40%, during 2020-2025.
The global small arms market generated $8.05 billion in 2019 and is estimated to grow at a CAGR of 5.50%, during 2020-2025.
The air defense systems market is anticipated to grow at a CAGR of 3.25% based on market value during the forecast period from 2020 to 2025.
The 3D & 4D military radars Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 3.51% on the basis of value during the forecast period from 2020 to 2025.
The global small caliber ammunition market is anticipated to grow at a CAGR of 3.75% based on market value during the forecast period from 2020 to 2025.
The global video surveillance market was valued at $35.05 billion in 2019 and is expected to grow at CAGR of 10.06% during the forecast period 2020-2025.
The market is anticipated to grow at a robust CAGR of 7.94% based on market value during the forecast period from 2020 to 2025.
According to BIS Research analysis, the global small arms market generated $2.86 billion in 2019 and is estimated to grow at a CAGR of 4.0%, during 2020-2025.
The Directed Energy Weapon Systems market is anticipated to grow at a robust CAGR of 18.15% based on market value during the forecast period.
The ground defense system market is anticipated to grow at a robust CAGR of 6.27% based on capacity during the forecast period from 2019 to 2024.
The Global Next Generation Battlefield Technology Market report by BIS Research projects the market to grow at a significant CAGR of 17.02% on the basis of value during the forecast period from 2019 to 2024.
As per BIS Research, the global decentralized identity market is still at a nascent stage with the identity management systems shifting from centralized and federated identity solution to decentralized identity solutions.
The Global Military Artificial Intelligence Market report by BIS Research projects the market to grow at a significant CAGR of 18.66% on the basis of value during the forecast period from 2019 to 2024.
The Undersea Warfare Systems Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 6.92% during the forecast period of 2019 to 2024.
C5ISR Systems Industry Analysis by BIS Research projects the market to grow at a CAGR of 3.49% during the forecast period from 2019 to 2024.
The global large caliber ammunition industry analysis done by BIS Research highlights that the market reported a revenue of $5.11 billion in 2018 and is expected to witness a CAGR of 4.07%, during the forecast period 2018-2023.
The global anti-money laundering (AML) software industry analysis done by BIS Research highlights that the market was valued at $868.0 million in 2017 and is expected to reach $1.77 billion by 2023.
The global biometric authentication and identification market is expected to witness a significant growth during the forecast period (2018-2023) registering a CAGR of 22.54%.
The global cognitive electronic warfare system market is expected to report a revenue of $385.7 million in 2023 and is estimated to cross $928.4 million by 2028, at a CAGR of 19.20% during the forecast period, 2023-2028.
The global radiation hardened electronics market generated $1.45 billion in 2018 and is estimated to grow at a CAGR of 3.34%, during 2018-2023.
According to BIS Research analysis, the global small arms market generated $8.37 billion in 2018 and is estimated to grow at a CAGR of 3.51%, during 2018-2023.
The video surveillance market generated a revenue of $32.00 billion in 2017, and is expected to reach to $77.21 billion by 2023.
The global small caliber ammunition market generated $7.37 billion in 2018 and is estimated to grow at a CAGR of 3.19% during the forecast period 2018-2023.
According to BIS Research analysis, the global sports gun market generated $1.91 billion in 2017 and is estimated to grow at a CAGR of 3.22%, during 2018-2023.
The arms and ammunition market in Peru is anticipated to generate a revenue of $9.1 million by 2022. The demand for arms and ammunition is majorly attributed to the growing demand for weapons by civilians for self defense.
The arms and ammunition market in Chile is anticipated to generate a revenue of $18.9 million by 2022.
The arms and ammunition market in Paraguay is anticipated to generate a revenue of $19 million by 2022. The demand is majorly attributed to come from the tourism industry for hunting and shooting sports applications.
The autonomous ship market is expected to cumulatively generate a revenue of $3.48 billion by 2035, growing at a CAGR of 26.7% in terms of volume during the period 2024-2035. In terms of value, the global ocean surface robot market accounted for $505.7 million in the year 2017.
The arms and ammunition market in Argentina is anticipated to generate a revenue of $23.5 million by 2022. The demand for arms and ammunition is majorly attributed to the growing interest for arms and ammunition from the tourism industry for hunting and shooting sports applications.
The arms and ammunition market in Colombia is anticipated to generate a revenue of $46.82 million by 2022.
The global light weapons market was valued $10,219.5 million in 2016, and is expected to reach $12,281.4 million by 2021.
The global undersea warfare systems market is expected to reach over $11,393.6 million by 2021. Owing to the rising defense spending to strengthen the country’s military capabilities for encountering any kind of enemy attacks, including the threats from underwater attacks, the global undersea warfare systems market is expected to grow significantly at a CAGR of 6.6% during the forecast period 2
The global Anti-Money Laundering (AML) software market is expected to reach $1420.8 million by 2023. The growth in the AML software market can be significantly attributed to the following factors: monitoring suspicious transactions, regulatory compliance requirements of financial institutions with international regulatory bodies along with analysis of historical consumer data analysis for risk man
The video surveillance market, as a whole, is growing at a significant rate and is expected to reach a substantial level by 2023. Moreover, the video management systems are gaining popularity, and the sector is expected to grow at a robust rate in the future.
The global airborne detection systems for submarines market is expected to reach $1,157.6 million by 2026. Owing to the increasing demand for submarines as well as development of advanced airborne detection systems, the market of global airborne detection systems for submarines is expected to show moderate growth rate and is estimated to grow at the CAGR of 7.5% during 2016-2026.
The global medium-caliber ammunition market was valued at $732.0 million for the year 2016 and is estimated to reach $884.4 million at a CAGR of 3.9% during the period of 2016-2021.
The demand for C4ISR systems is rapidly gaining traction among defense forces across the globe. The key factors that largely supplement the growth of C4ISR systems market include improved situational awareness, increase in the demand of advanced mobile command systems, and rise in the allocation of defense budget for the development of advanced electronic systems in prominent countries.
(Focus on Area, Swipe and Touch Sensors, Technology- Capacitive, Optical, Ultrasonic, Thermal Sensors, Application- Mobile Devices, Travel, Commercial, Smart Cards, Residential, Automotive, Healthcare and Government)
The market of AIP systems is expected to show robust growth due to increasing need for safe and secure underwater military operations and demand for submarine modernization plans by the naval forces.
Blockchain as a technology is being gradually adopted across various facets of the financial services industry. Cost benefits, elimination of intermediaries and cost, transparency, removal of risk of unscrupulous activity, government initiatives, establishment of consortiums, and entry of leading financial institutions are some of the factors that have been driving the adoption of blockchain acros
The report provides a comprehensive market analysis and forecast along with the recent trends influencing the markets. While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the future trends and developments of the market.
The global forensic technology market was estimated to be $11.26 billion in 2016 and is expected to grow over $19.25 billion in 2022 at a CAGR of 9.35% through the forecast period. The global forensic technology market has a high potential in future owing to the rising demand for innovation in forensic technologies in various applications and sectors.
The UUV market reported a revenue of $2,652.62 million in 2016 with the remotely operated vehicles segment accommodating for the highest revenue by 2021.
In terms of value, the commercial small caliber ammunition market was estimated to generate $5.25 billion globally, in the year 2015. The small caliber commercial small caliber ammunition market is anticipated to grow further, owing to the rise in procurement of ammunition for hunting, shooting activities, and self-defense ammunition; particularly by the female populace.
Global small arms market is a well-established industry with a few reputed players. But with the waning geopolitical situation fraught with sectarian wars in the Middle East, political instability and local armed insurgencies, the demand for small arms is set to grow rapidly in the coming years. The global small arms market is expected to reach $5695.86 million by 2022.
With associated advantages of multi-level security, convenience and advanced quality, the global biometric market value is anticipated to grow from $XX billion in 2015 to $XX billion in 2022 at an estimated CAGR of XX from 2015 to 2022. The commercial application segment is expected to grow at a CAGR of XX from 2015 to 2022 as the demand for biometrics integrated smartphones, tablets, and wearable
In terms of value, the small caliber hunting and shooting ammunition market is estimated to generate $5.05 billion in the year 2015. This market is anticipated to grow further in the upcoming years due to the rise in ammunition procurement for hunting and shooting activities.
The directed energy weapons market is estimated to capture a market value of $5.81 billion in 2015 with laser technology segment comprising of the highest share.
Cyber attacks in the U.S. have witnessed a 10% rise as compared to 2014. Cyber crimes cost have reached around $100 billion in the country. The North America cyber security market is estimated to grow over $67 billion by 2022.
The military GNSS anti-jamming solution market is estimated at $xx.xx billion in 2016, which is expected to reach a value of $4.80 billion by 2022, registering a CAGR of 6.47% during the forecast period.
Maritime security deals with security provisions for the assets associated to the maritime industry which includes ports, facilities, and the ships. The governments of the countries around the world work in association with the neighboring countries in order to combat the issues of maritime security. The Coast Guard, Defense, and the national government are active participants in addressing the ma
Global small caliber ammunition is a billion dollar industry which is expected to reach $4.05 Billion in 2022 at a double digit CAGR from 2016-2022. The key drivers for this market include increase in defense spending for military modernization programs in developing economies, high rate of participation in hunting & sport activities, growing number of female shooters and rise in demand from priva
The dynamics of the physical security industry have changed profoundly, owing to the ongoing innovations and advancements in its dominating contributor, i.e. Video Surveillance. Major application areas such as critical infrastructure, highways, banking, and financial institutions among others have become promising beneficiaries of video surveillance making it an indispensable tool to ensure both p
The GCC region acquires a significant share of the world’s energy resources and with an increased usage of personal internet and smart devices for banking applications over the past few years, the region has become more exposed to phishing and DDOS attacks. Globally, the United Arab Emirates (U.A.E) is placed at the fifteenth position as a victim of cyber attacks due to the high density of estab
Security and surveillance industry holds paramount importance across multiple application verticals, globally. While video surveillance industry is transforming from legacy system to smarter and advanced IP/network cameras, video content analytics (VCA) is becoming mainstream with more specific end-use verticals such as casinos, gaming, and transport among others.
Rising concerns regarding safety and security have surfaced a greater than ever demand for biometrics, for the purpose of identification and authentication. Incorporation of biometric technologies in security systems has been contributing extensively to the escalation of biometrics market in India.
Rising needs for advanced security due to the incidents of terrorism and increasing crime figures has encouraged individuals, organizations and various authorities to devise effective response mechanisms. In the current scenario of security systems, video surveillance has become an indispensable tool to ensure both personal and public safety.
NOTE: With each report we provide you “free Analyst consultation” of three interactions and free year-end update. You also have the option to buy any section/segment of the report. For detail pricing please complete the " contact an analyst" form or email at [email protected] We will respond you within 24 hours. Video Surveillance is all set to become an indispensable and all-pe
The global radiation-hardened electronics industry analysis by BIS Research projects the market to have growth with CAGR of 3.90% based on the values during the forecast period from 2020 to 2025.
The advanced rocket and missile propulsion systems market is anticipated to grow at a CAGR of 9.65% based on market value during the forecast period 2020-2025.
According to BIS Research analysis, the global small arms market generated $2.86 billion in 2019 and is estimated to grow at a CAGR of 4.0%, during 2020-2025.
The global anti-money laundering (AML) software industry analysis done by BIS Research highlights that the market was valued at $868.0 million in 2017 and is expected to reach $1.77 billion by 2023.
The global biometric authentication and identification market is expected to witness a significant growth during the forecast period (2018-2023) registering a CAGR of 22.54%.
The global cognitive electronic warfare system market is expected to report a revenue of $385.7 million in 2023 and is estimated to cross $928.4 million by 2028, at a CAGR of 19.20% during the forecast period, 2023-2028.
The global radiation hardened electronics market generated $1.45 billion in 2018 and is estimated to grow at a CAGR of 3.34%, during 2018-2023.
According to BIS Research analysis, the global small arms market generated $8.37 billion in 2018 and is estimated to grow at a CAGR of 3.51%, during 2018-2023.
The global small caliber ammunition market generated $7.37 billion in 2018 and is estimated to grow at a CAGR of 3.19% during the forecast period 2018-2023.
The global undersea warfare systems market is expected to reach over $11,393.6 million by 2021. Owing to the rising defense spending to strengthen the country’s military capabilities for encountering any kind of enemy attacks, including the threats from underwater attacks, the global undersea warfare systems market is expected to grow significantly at a CAGR of 6.6% during the forecast period 2
According to BIS Research analysis, the global small arms market generated $8.37 billion in 2018 and is estimated to grow at a CAGR of 3.51%, during 2018-2023.
The global cognitive electronic warfare system market is expected to report a revenue of $385.7 million in 2023 and is estimated to cross $928.4 million by 2028, at a CAGR of 19.20% during the forecast period, 2023-2028.
The global biometric authentication and identification market is expected to witness a significant growth during the forecast period (2018-2023) registering a CAGR of 22.54%.
The global anti-money laundering (AML) software industry analysis done by BIS Research highlights that the market was valued at $868.0 million in 2017 and is expected to reach $1.77 billion by 2023.
According to BIS Research analysis, the global small arms market generated $2.86 billion in 2019 and is estimated to grow at a CAGR of 4.0%, during 2020-2025.
The advanced rocket and missile propulsion systems market is anticipated to grow at a CAGR of 9.65% based on market value during the forecast period 2020-2025.
The global radiation-hardened electronics industry analysis by BIS Research projects the market to have growth with CAGR of 3.90% based on the values during the forecast period from 2020 to 2025.
Defense & Security
Today, almost all nations and sovereign countries have a dedicated defense and security organization to maintain security, tactical superiority, and strategic independence in the face of any type of threat. In an increasingly unpredictable world, governments rely on their defense strategies to protect their citizens and make the world safer.
The defense & security market has experienced a major transformation in the innovation of defense protocols by different countries, and the weapons market has witnessed the development of different product types for military applications. BIS Research tracks the changing dynamics and developments in the defense & security industry and covers market intelligence on several segments. These are as shown in the figure below:
Biometrics & Access Control– The biometrics & access control vertical aims to offer insights and exclusive coverage for biometrics technologies that are projected to gain a huge market share in the near future. Our experts offer market perspective including regulatory data, business dynamics, potential merger trends, and company profiling, among others, that allows industry leaders to identify new opportunities in the disruptive technologies market.
Surveillance & Cybersecurity– The rising security demands across the globe to retaliate against terrorism and crime, along with an increase in government spending on security, are some of the significant reasons attributing to the growth in the surveillance market. The rising cybersecurity concerns, along with the need for highly efficient, time-saving surveillance systems at affordable costs, is one of the pressing matters to be looked upon in the current scenario. The effort to deliver such solutions, along with the growing application across various verticals, is acting as one of the major drivers for the surveillance & cybersecurity market.
Naval Defense– At BIS Research, we understand the need to address competing issues and overcome geopolitical and environmental uncertainties that hinder the growth curve of the naval defense industry. Our experts work with leading defense companies to identify investment avenues and market landscape in the naval defense sector to help industry leaders rethink tomorrow's strategies and exceed their growth targets.
Weapons and Ammunition – A weapon is any object designed or adapted to discharge bullets, shots or other projectiles when charged with air, gas or explosive pressure or any other means of propulsion. The global weapons market is a mature industry that has been witnessing the production of an increased number of munitions over the years for various platforms in armed forces such as the navy, air force, and army.
BIS Research's experts in defense segment work in partnership with leading defense companies to track the emerging technologies and challenges faced in the weapons and ammunition sector. The market has experienced a major transformation in the innovation of weapons by different countries. Our exclusive market intelligence on the deep and emerging technologies, that are currently in the lab or early stages of adoption, gives leaders an edge to gage the potential target and innovate their capabilities for stronger growth in the weapons market.
Military Electronics & Tech.– Military electronics and technology has seen a rapid transformation in recent years. This transformation is driven by growing defense budgets in areas such as cognitive electronic warfare, cybersecurity, artificial intelligence (AI) and cybernetics, command, control, computers, communications, cyber-defense, intelligence, surveillance, reconnaissance (C5ISR), synthetic and digital training solution, and advance radar systems. The major factor accelerating the need for military electronics and technology is the ability to access battle data, reduce the cost, increased efficiency, enhanced safety, and reduced dependency on other countries.
Our customer base expands across several sections including small enterprises, medium-scale operations, Fortune 50 companies, as well as government organizations, venture capitalists and deemed universities.
The defense market research undertaken by BIS Research’s analysts provides details that are the driving goals for the market. The defense market intelligence sheds a light on the emerging technologies in defense that are progressing steadily. In case you do not find a report of your choice in the list above, please feel free to contact us so that we can look at customizing one for you.
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