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Nov 14, 2019 3:56 AM ET

Military IoT Market Size, Share & Trends Analysis By Type, By Deployment, By Enterprise Size, And Segment Forecasts, 2019 – 2025


Military IoT Market Size, Share & Trends Analysis By Type, By Deployment, By Enterprise Size, And Segment Forecasts, 2019 – 2025

iCrowd Newswire - Nov 14, 2019

Market Overview

The internet of things (IoT) in the military known as military IoT is seen as the future of military combat. The military IoT includes smart uniforms, biometric wearables, special vision spectacles, etc which helps the military forces to monitor health, identify enemies, access weapons and devices, etc. The military IoT is also connected to drones, ships, planes, and other military resources. The military IoT produces and stores a huge amount of military data. The military IoT data is useful in monitoring the physical and mental condition of the soldiers.

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The military IoT is an innovation in the military field which has helped the military forces to work efficiently. The military IoT has modernized military resources by installing smarter technologies. Several military forces across the globe have been adopting military IoT technology which has given a boost to the military IoT market. The demand for military IoT technology has been increasing and many companies in the tech field are coming up with their own military IoT products and services. 

The Global Military IoT report provides a detailed analysis on the services, challenges faced, recent market trends, etc in the military IoT market. The report also discusses the growth opportunities, market scope, consumption rate and potential regions for growth based on the historical data available between the period of 2014-2018 which would be helpful for the companies entering the market to build strategies and plans. The report segments the market based on product type and application. The report also predicts future trends in the market for the forecast period 2019-2024.

The key manufacturers covered in this report:

Honeywell International
IBM Corporation (US)
Northrop Grumman Corporation (US)
FreeWave Technologies
AT&T Inc. (US)
AeroVironment
Textron Systems (US)
General Atomics (US)
Reliance Industries Limited (India)
FLIR Systems Inc. (US)
Bombardier (Canada)
General Electric (US)
Forescout Technologies Inc. (US)
SAP SE (Germany)

Market Segmentation

The military IoT is an innovation in the military field which has modernized the military resources. The demand for military IoT technology has been increasing, to understand the market in an easier way, the market has been segmented into 2 parts that are product type and application. The product type segments include cellular and Satellite communication. Cellular IoT is a way of connecting the IoT functions to the smartphone devices to track activities. Satellite communication is aids in connecting to a large group of people at one time. The application segment includes Training and simulation, Health monitoring. The training and simulation help to measure and keep track of the performance of soldiers. Health monitoring involves tracking the physical and psychological health of soldiers.

Regional Overview

Military IoT is a booming market that has spread across various regions globally. The report analyses the military IoT market at global and regional levels. The report discusses the market share, market size, market scope, consumption rate and other factors in the military IoT market. The report provides information on the scope for growth, the market key players and the strategies used by key players. The report provides detailed research on the military IoT market spread across various regions. The report covers America, GCC, India, Korea, China, Australia, and various other regions which are expected to be the key regions for the military IoT market.

Industry News

The 7th annual Cybersecurity event held at the US raised concerns over the use of IoT devices in the military field. The committee talked about the security risks involved in the use of IoT devices in the military field. The committee says that the use of IoT in the military field will lead to data theft, hacking, etc.

……Continued

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