Market Segmentation

Real-Time Fleet Management Acquired Significant market share

Based on the Application, Real-Time Fleet management acquired a significant market share in the Global Military IoT in 2019. In order to bolster visibility, manageability and to enhance productivity, visibility, and maintenance the deployment of IoT for fleet management is increasing at a rapid rate as it shares data between vehicles and fleet managers to improve. Real-time fleet management adoption is surging in the military for monitoring and tracking of vehicle tracking. Hence, this is anticipated to drive the growth of the Military IoT market globally in the near future as revealed by the MarkNtel Advisors’ research report “Global Military IoT Market Analysis, 2021”.

Market Opportunities

According to MarkNtel Advisors’ research report “Global Military IoT Market Analysis, 2021”, the market is anticipated to grow at a CAGR of around 8% during 2021-26F. The growth of the market is attributed to the increasing use of IoT technology to transform warfare and to collect data from different platforms such as aircraft, ground vehicles, weapon systems, and troops. Besides this, the burgeoning adoption of machine-to-machine communications such as radio frequency identification, increasing investment in by the government toward military modernization program and expansion of wireless networking are predicted to promulgate the growth of the market.

Competitive Landscape

According to MarkNtel Advisors’, the key players with a considerable market share in the Global Military IoT market include Northrop Grumman Corporation, Honeywell International Inc., BAE Systems, FreeWave Technologies, Inc., Lockheed Martin Corporation, Forescout Technologies, Inc., AT&T Inc., Harris Corporation, IBM Corporation, Thales Group, SAP SE, FLIR Systems Inc. etc.

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Military IoT Market?
2. What is the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, opportunities, current and future trends and regulations in the Global Military IoT Market?
4. Who are the key competitors, what are their key strength and weakness and how they perform in Global Military IoT Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Military IoT Market study?

Market Outlook, Segmentation and Statistics

1) Impact of COVID-19 on Global Military IoT Market
2) Market Size & Analysis
a) By Revenues (USD Million)
3) Market Share & Analysis
a) By Component
i) Hardware
ii) Software
iii) Services
b) By Technology
i) Wi-Fi
ii) Cellular
iii) RFID
iv) Others
c) By Application
i) Training and Simulation
ii) Health Monitoring
iii) Real-Time Fleet Management
iv) Inventory Management
v) Equipment Maintenance
vi) Others
d) By Region
i) North America Military IoT Market Outlook, 2016-2026F (USD Million)
(1) The US Military IoT Market Outlook, 2016-2026F (USD Million)
(2) Canada Military IoT Market Outlook, 2016-2026F (USD Million)
(3) Mexico Military IoT Market Outlook, 2016-2026F (USD Million)
ii) South America Military IoT Market Outlook, 2016-2026F (USD Million)
(1) Brazil Military IoT Market Outlook, 2016-2026F (USD Million)
(2) Argentina Military IoT Market Outlook, 2016-2026F (USD Million)
iii) Europe Military IoT Market Outlook, 2016-2026F (USD Million)
(1) The UK Military IoT Market Outlook, 2016-2026F (USD Million)
(2) Germany Military IoT Market Outlook, 2016-2026F (USD Million)
(3) France Military IoT Market Outlook, 2016-2026F (USD Million)
(4) Spain Military IoT Market Outlook, 2016-2026F (USD Million)
(5) Italy Military IoT Market Outlook, 2016-2026F (USD Million)
iv) Asia-Pacific Military IoT Market Outlook, 2016-2026F (USD Million)
(1) China Military IoT Market Outlook, 2016-2026F (USD Million)
(2) Japan Military IoT Market Outlook, 2016-2026F (USD Million)
(3) South Korea Military IoT Market Outlook, 2016-2026F (USD Million)
(4) India Military IoT Market Outlook, 2016-2026F (USD Million)
(5) Australia Military IoT Market Outlook, 2016-2026F (USD Million)
v) Middle East & Africa Military IoT Market Outlook, 2016-2026F (USD Million)
(1) Saudi Arabia Military IoT Market Outlook, 2016-2026F (USD Million)
(2) UAE Military IoT Market Outlook, 2016-2026F (USD Million)
(3) South Africa Military IoT Market Outlook, 2016-2026F (USD Million)
e) By Company
i) Revenue Shares
ii) Strategic Factorial Indexing
iii) Competitor Placement in MarkNtel Quadrant
4) Global Military IoT Market Regulations and Policies
5) Global Military IoT Value Chain Analysis
6) Global Military IoT Market Hotspots & Opportunities
7) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles

Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Global Military IoT Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.

Q. What would be the growth rate or CAGR of Global Military IoT Market during 2021-26?
A. The Global Military IoT Market is forecasted to grow at a CAGR of 8% during 2021-26.

Q. Who are the key competitors or players operating in Global Military IoT Market?
A. Northrop Grumman Corporation, Honeywell International Inc., BAE Systems, FreeWave Technologies, Inc., Lockheed Martin Corporation, Forescout Technologies, Inc., AT&T Inc., Harris Corporation, IBM Corporation, Thales Group, SAP SE, FLIR Systems Inc., are few of the leading players in the Global Military IoT Market.

Q. Which component segment would emerge as an opportunity area for players in Global Military IoT Market?
A. Software is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

Q. Which region would emerge as an opportunity area for players in Global Military IoT Market?
A. Europe continue to grow at a highest CAGR, presenting immense opportunities for market players of Global Military IoT Market.