Military Embedded Systems Market Trends

Growth Drivers

• Technological Advancements: The exposure of modern warfare systems along with the rising use of multicore technologies is driving the market growth of military embedded systems. The rising advancements in wireless technologies and cloud computing have led to the replacement of traditional computational systems. Further, increased usage of electronic warfare systems for network convergence and geospatial intelligence gathering is resulting into latest product development. In addition, procurement of advanced surveillance & monitoring systems is being made to cater the military needs. The development of mission critical embedded systems along with the rising requirement for onboard system applications is driving the market growth over the forecast period.
• Awareness about Military Embedded Systems: The rising awareness regarding the benefits of military embedded systems in emerging countries is leading to increased government spending on these systems. Hence, with the increasing adoption of machine learning and artificial intelligence, the demand for rugged military embedded systems will generate healthy growth for the market over the forecast period.

Challenges

• High Cost of Product: The increased cost of military embedded systems owing to the requirement of technical expertise and advanced technologies is acting as a major restraint into the growth of the market. Moreover, insufficiency of skilled military personnel is further hampering the growth of the market.