US C4ISR Market Worth US$65 Billion In 2014, Will Reach US$74 Billion In 2024

According to Strategic Defence Intelligence’s (SDI) latest report, the US C4ISR market is estimated to value US$65 billion in 2014, and is anticipated to increase at a CAGR of 1.34% to reach US$74.3 billion in 2024.

The US will maintain the current level of investment into C4ISR as countries such as China and Russia make rapid progress in closing the technological gap with the US and extremist groups learn to operate against advanced technologies.

“The efficacy of these systems has already been tested in Afghanistan and Iraq, and the fresh challenges posed by IS in the Middle East means that IT and cybersecurity, electronic warfare, 24/7 airborne surveillance and information collation for command centres are now vital points of differentiation for the US military,” says Saktishree D. Majhi, analyst at SDI.

All of these capabilities are facilitated by C4ISR equipment such as UAVs, radars, electro-optic and infrared systems, target acquisition and fire-control sensors, IP based radio and satellite communication devices.

The US is phasing out tanks and other key weapons programmes and is diverting its spending on IT and other C4ISR programmes despite the significant research and development costs.

Due to a change in combat strategies, the US military is presently more oriented towards carrying out precision strikes using the least possible amount of weaponry and manpower, and this is made possible only by technologically advanced C4ISR systems.