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Military IoT Market, By Type (Wi-Fi, RFID, Cellular, Others), By Component (Hardware, Software, Services) By Application (Training and Simulation, Real-Time Fleet Management, Health Monitoring, Equipment Maintenance, Inventory Management, and Others) opportunities and forecast 2020-2027

  • DLR1873
  • 23 September, 2020
  • Aerospace & Defense
  • Pages: 120
  • Global
Market Overview

The growing use of IoT in BMS for the special operations and the changing nature of the warfare are key drivers for the market growth. The growth of global military IoT market is determined by factors such as increased use of the IoT in BMS for the special operations and the changing nature of warfare. Furthermore, growing adoption of AI in the warfare systems for logistics and transportation, battlefield healthcare, and the data information processing is anticipated to boost growth of market.

Military IoT encompasses use of technologies such as the global positioning systems (GPS) and the satellite communication to deliver real-time information to the military commanders. Real-time data provided by the military IoT systems enables operators to plan the operations and take the optimal decisions. Moreover, these systems offer numerous benefits such as better situational awareness and data on equipment health, permitting users to practise enhanced safety. Though, issues associated with the data management and the threats to cybersecurity may hinder market growth.

Segment Overview

Devices that use Wi-Fi technology comprise laptops, desktops, digital cameras, smartphones and tablets, and drones. Companies including Thales Group are using the Wi-Fi for themilitary IoT systems. Hence, Wi-Fi segment is anticipated to register CAGR of over 11.0% during forecast period.

Based on application, global military IoT market has been categorised as health monitoring, training and simulation, real-time fleet management, equipment maintenance, inventory management, and others. Training and simulation segment is expected to exhibit highest CAGR during forecast period. The growing adoption of wearable devices by the armed forces for the training purposes is driving growth of the segment.

Regional Overview

The market in North America is likely to register CAGR of over 10.0% during forecast period. The growth of market in North America is motivated by factors such as growing adoption of IoT systems and high military expenditure by government and defense bodies in region. According to (SIPRI) Stockholm International Peace Research Institute, the U.S. was the largest spender on military. The country augmented investments from 2015, USD 596 billion to USD 610 billion in the year 2017.

Furthermore, growing use of the IoT-based systems and the components by U.S. Army for overseas operations in the countries such as Syria and Iraq are boosting the market growth in region. In Canada, increasing investments by Canadian government in info technology for military is bolstering market growth. For example, in Jan 2019, the Public Services and Procurement Canada signed over three contracts with the General Dynamics Corporation for combined value of USD 621.5 million to deliver support for control, land command, communications, intelligence, surveillance, computers, and reconnaissance (LC4ISR) systems.

Competitor overview

In Nov 2018, the FLIR Systems Inc. introduced FLIR TruWITNESS, wearable sensor platform intended for city-level security and the public safety operations. Furthermore, FLIR Systems Inc. was presented cost-plus-fixed-fee five-year contract by U.S. Department of the Defense’s (DTRA) Defense Threat Reduction Agency.

Key Players
  1. FLIR Systems Inc.
  2. Forescout Technologies, Inc.
  3. AT&T Inc.
  4. Northrop Grumman Corporation
  5. Honeywell International Inc.
  6. BAE Systems
  7. FreeWave Technologies, Inc.
  8. Harris Corporation
  9. IBM Corporation
  10. Thales Group
  11. SAP SE
  12. Lockheed Martin Corporation

Market Segmentation

By Technology
  • Wi-Fi
  • Cellular
  • RFID
  • Others
By Component
  • Hardware
  • Software
  • Services
By Application
  • Training and Simulation
  • Real-Time Fleet Management
  • Health Monitoring
  • Equipment Maintenance
  • Inventory Management
  • Others
By Geography
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • UAE
    • Rest of LAMEA


1 Executive Summary 17

  • 1.1 Market Attractiveness Analysis 18
    • 1.1.1 Global Military IoT Market, by Component 18
    • 1.1.2 Global Military IoT Market, by Technology 19
    • 1.1.3 Global Military IoT Market, by Application 20
    • 1.1.4 Global Military IoT Market, by Region 21

2 Market Introduction 22

  • 2.1 Definition 22
  • 2.2 Scope of the Study 22
  • 2.3 Market Structure 22
  • 2.4 Key Buying Criteria 23

3 Research Methodology 24

  • 3.1 Research Process 24
  • 3.2 Primary Research 25
  • 3.3 Secondary Research 26
  • 3.4 Market Size Estimation 27
  • 3.5 Top-Down & Bottom-Up Approaches 27
  • 3.6 Forecast Model 27
  • 3.7 List of Assumptions 28

4 Market Insights 29

    5 Market Dynamics 32

    • 5.1 Introduction 32
    • 5.2 Drivers 33
      • 5.2.1 Changing Nature of Warfare 33
      • 5.2.2 Increased Use of IoT in BMS for Special Operations 33
      • 5.2.3 Drivers Impact Analysis 34
    • 5.3 Restraints 34
      • 5.3.1 Issues Associated with Data Management 34
      • 5.3.2 Threats to Cybersecurity 34
      • 5.3.3 Restraints Impact Analysis 35
    • 5.4 Opportunity 35
      • 5.4.1 Focus on Military Modernization 35
    • 5.5 Technological Trends 36
      • 5.5.1 Cloud Computing 36
      • 5.5.2 Artificial Intelligence 36

    6 Market Factor Analysis 37

    • 6.1 Supply Chain Analysis 37
      • 6.1.1 Systems and Component Suppliers 37
      • 6.1.2 Integrators and Manufacturers 37
      • 6.1.3 Distribution 38
      • 6.1.4 Operation and Maintenance 38
    • 6.2 Porter’s Five Forces Analysis 38
      • 6.2.1 Threat of New Entrants 39
      • 6.2.2 Bargaining Power of Suppliers 39
      • 6.2.3 Bargaining Power of Buyers 39
      • 6.2.4 Threat of Substitutes 39
      • 6.2.5 Rivalry 39

    7 Global Military IoT Market, by Component 40

    • 7.1 Overview 40
    • 7.2 Global Military IoT Market, by Component, 2018–2024 (USD Million) 40
    • 7.3 Hardware 41
      • 7.3.1 Hardware: Global Military IoT Market, 2018–2024 (USD Million) 41
      • 7.3.2 Hardware: Global Military IoT Market, by Region, 2018–2024 (USD Million) 41
    • 7.4 Software 42
      • 7.4.1 Software: Global Military IoT Market, 2018–2024 (USD Million) 42
      • 7.4.2 Software: Global Military IoT Market, by Region, 2018–2024 (USD Million) 42
    • 7.5 Services 43
      • 7.5.1 Services: Global Military IoT Market, 2018–2024 (USD Million) 43
      • 7.5.2 Services: Global Military IoT Market, by Region, 2018–2024 (USD Million) 43

    8 Global Military IoT Market, by Technology 44

    • 8.1 Overview 44
    • 8.2 Global Military IoT Market, by Technology, 2018–2024 (USD Million) 44
    • 8.3 Wi-Fi 45
      • 8.3.1 Wi-Fi: Global Military IoT Market, 2018–2024 (USD Million) 45
      • 8.3.2 Wi-Fi: Global Military IoT Market, by Region, 2018–2024 (USD Million) 45
    • 8.4 Cellular 46
      • 8.4.1 Cellular: Global Military IoT Market, 2018–2024 (USD Million) 46
      • 8.4.2 Cellular: Global Military IoT Market, by Region, 2018–2024 (USD Million) 46
    • 8.5 RFID 47
      • 8.5.1 RFID: Global Military IoT Market, 2018–2024 (USD Million) 47
      • 8.5.2 RFID: Global Military IoT Market, by Region, 2018–2024 (USD Million) 47
    • 8.6 Others 48
      • 8.6.1 Others: Global Military IoT Market, 2018–2024 (USD Million) 48
      • 8.6.2 Others: Global Military IoT Market, by Region, 2018–2024 (USD Million) 48

    9 Global Military IoT Market, by Application 49

    • 9.1 Overview 49
    • 9.2 Global Military IoT Market, by Application, 2018–2024 (USD Million) 49
      • 9.2.1 Training & Simulation 50
      • 9.2.2 Training & Simulation: Global Military IoT Market, 2018–2024 (USD Million) 50
      • 9.2.3 Training & Simulation: Global Military IoT Market, by Region, 2018–2024 (USD Million) 50
    • 9.3 Health Monitoring 51
      • 9.3.1 Health Monitoring: Global Military IoT Market, 2018–2024 (USD Million) 51
      • 9.3.2 Health Monitoring: Global Military IoT Market, by Region, 2018–2024 (USD Million) 51
    • 9.4 Real-Time Fleet Management 52
      • 9.4.1 Real-Time Fleet Management: Global Military IoT Market, 2018–2024 (USD Million) 52
      • 9.4.2 Real-Time Fleet Management: Global Military IoT Market, by Region, 2018–2024 (USD Million) 52
    • 9.5 Inventory Management 53
      • 9.5.1 Inventory Management: Global Military IoT Market, 2018–2024 (USD Million) 53
      • 9.5.2 Inventory Management: Global Military IoT Market, by Region, 2018–2024 (USD Million) 53
    • 9.6 Equipment Maintenance 54
      • 9.6.1 Equipment Maintenance: Global Military IoT Market, 2018–2024 (USD Million) 54
      • 9.6.2 Equipment Maintenance: Global Military IoT Market, by Region, 2018–2024 (USD Million) 54
    • 9.7 Others 55
      • 9.7.1 Others: Global Military IoT Market, 2018–2024 (USD Million) 55
      • 9.7.2 Others: Global Military IoT Market, by Region, 2018–2024 (USD Million) 55

    10 Global Military IoT Market, by Region 56

    • 10.1 Overview 56
      • 10.1.1 Global Military IoT Market, by Region, 2018–2024 (USD Million) 56
    • 10.2 North America 57
      • 10.2.1 North America: Military IoT Market, 2018–2024 (USD Million) 57
      • 10.2.2 North America: Military IoT Market, by Country, 2018–2024 (USD Million) 57
      • 10.2.3 North America: Military IoT Market, by Component, 2018–2024 (USD Million) 58
      • 10.2.4 North America: Military IoT Market, by Technology, 2018–2024 (USD Million) 58
      • 10.2.5 North America: Military IoT Market, by Application, 2018–2024 (USD Million) 59
      • 10.2.6 US 59
        • 10.2.6.1 US: Military IoT Market, 2018–2024 (USD Million) 59
        • 10.2.6.2 US: Military IoT Market, by Component, 2018–2024 (USD Million) 60
        • 10.2.6.3 US: Military IoT Market, by Technology, 2018–2024 (USD Million) 60
        • 10.2.6.4 US: Military IoT Market, by Application, 2018–2024 (USD Million) 61
      • 10.2.7 Canada 61
        • 10.2.7.1 Canada: Military IoT Market, 2018–2024 (USD Million) 61
        • 10.2.7.2 Canada: Military IoT Market, by Component, 2018–2024 (USD Million) 62
        • 10.2.7.3 Canada: Military IoT Market, by Technology, 2018–2024 (USD Million) 62
        • 10.2.7.4 Canada: Military IoT Market, by Application, 2018–2024 (USD Million) 63
  • 10.3 Europe 64
    • 10.3.1 Europe: Military IoT Market, 2018–2024 (USD Million) 64
    • 10.3.2 Europe: Military IoT Market, by Country, 2018–2024 (USD Million) 65
    • 10.3.3 Europe: Military IoT Market, by Component, 2018–2024 (USD Million) 65
    • 10.3.4 Europe: Military IoT Market, by Technology, 2018–2024 (USD Million) 66
    • 10.3.5 Europe: Military IoT Market, by Application, 2018–2024 (USD Million) 66
    • 10.3.6 UK 67
      • 10.3.6.1 UK: Military IoT Market, 2018–2024 (USD Million) 67
      • 10.3.6.2 UK: Military IoT Market, by Component, 2018–2024 (USD Million) 67
      • 10.3.6.3 UK: Military IoT Market, by Technology, 2018–2024 (USD Million) 68
      • 10.3.6.4 UK: Military IoT Market, by Application, 2018–2024 (USD Million) 68
    • 10.3.7 Germany 69
      • 10.3.7.1 Germany: Military IoT Market, 2018–2024 (USD Million) 69
      • 10.3.7.2 Germany: Military IoT Market, by Component, 2018–2024 (USD Million) 69
      • 10.3.7.3 Germany: Military IoT Market, by Technology, 2018–2024 (USD Million) 70
      • 10.3.7.4 Germany: Military IoT Market, by Application, 2018–2024 (USD Million) 70
    • 10.3.8 France 71
      • 10.3.8.1 France: Military IoT Market, 2018–2024 (USD Million) 71
      • 10.3.8.2 France: Military IoT Market, by Component, 2018–2024 (USD Million) 71
      • 10.3.8.3 France: Military IoT Market, by Technology, 2018–2024 (USD Million) 72
      • 10.3.8.4 France: Military IoT Market, by Application, 2018–2024 (USD Million) 72
    • 10.3.9 Russia 73
      • 10.3.9.1 Russia: Military IoT Market, 2018–2024 (USD Million) 73
      • 10.3.9.2 Russia: Military IoT Market, by Component, 2018–2024 (USD Million) 73
      • 10.3.9.3 Russia: Military IoT Market, by Technology, 2018–2024 (USD Million) 74
      • 10.3.9.4 Russia: Military IoT Market, by Application, 2018–2024 (USD Million) 74
    • 10.3.10 Rest of Europe 75
      • 10.3.10.1 Rest of Europe: Military IoT Market, 2018–2024 (USD Million) 75
      • 10.3.10.2 Rest of Europe: Military IoT Market, by Component, 2018–2024 (USD Million) 75
      • 10.3.10.3 Rest of Europe: Military IoT Market, by Technology, 2018–2024 (USD Million) 76
      • 10.3.10.4 Rest of Europe: Military IoT Market, by Application, 2018–2024 (USD Million) 76
  • 10.4 Asia-Pacific 77
    • 10.4.1 Asia-Pacific: Military IoT Market, 2018–2024 (USD Million) 77
    • 10.4.2 Asia-Pacific: Military IoT Market, by Country, 2018–2024 (USD Million) 78
    • 10.4.3 Asia-Pacific: Military IoT Market, by Component, 2018–2024 (USD Million) 78
    • 10.4.4 Asia-Pacific: Military IoT Market, by Technology, 2018–2024 (USD Million) 79
    • 10.4.5 Asia-Pacific: Military IoT Market, by Application, 2018–2024 (USD Million) 79
    • 10.4.6 China 80
      • 10.4.6.1 China: Military IoT Market, 2018–2024 (USD Million) 80
      • 10.4.6.2 China: Military IoT Market, by Component, 2018–2024 (USD Million) 80
      • 10.4.6.3 China: Military IoT Market, by Technology, 2018–2024 (USD Million) 81
      • 10.4.6.4 China: Military IoT Market, by Application, 2018–2024 (USD Million) 81
    • 10.4.7 Japan 82
      • 10.4.7.1 Japan: Military IoT Market, 2018–2024 (USD Million) 82
      • 10.4.7.2 Japan: Military IoT Market, by Component, 2018–2024 (USD Million) 82
      • 10.4.7.3 Japan: Military IoT Market, by Technology, 2018–2024 (USD Million) 83
      • 10.4.7.4 Japan: Military IoT Market, by Application, 2018–2024 (USD Million) 83
    • 10.4.8 India 84
      • 10.4.8.1 India: Military IoT Market, 2018–2024 (USD Million) 84
      • 10.4.8.2 India: Military IoT Market, by Component, 2018–2024 (USD Million) 84
      • 10.4.8.3 India: Military IoT Market, by Technology, 2018–2024 (USD Million) 85
      • 10.4.8.4 India: Military IoT Market, by Application, 2018–2024 (USD Million) 85
    • 10.4.9 South Korea 86
      • 10.4.9.1 South Korea: Military IoT Market, 2018–2024 (USD Million) 86
      • 10.4.9.2 South Korea: Military IoT Market, by Component, 2018–2024 (USD Million) 86
      • 10.4.9.3 South Korea: Military IoT Market, by Technology, 2018–2024 (USD Million) 87
      • 10.4.9.4 South Korea: Military IoT Market, by Application, 2018–2024 (USD Million) 87
    • 10.4.10 Rest of Asia-Pacific 88
      • 10.4.10.1 Rest of Asia-Pacific: Military IoT Market, 2018–2024 (USD Million) 88
      • 10.4.10.2 Rest of Asia-Pacific: Military IoT Market, by Component, 2018–2024 (USD Million) 88
      • 10.4.10.3 Rest of Asia-Pacific: Military IoT Market, by Technology, 2018–2024 (USD Million) 89
      • 10.4.10.4 Rest of Asia-Pacific: Military IoT Market, by Application, 2018–2024 (USD Million) 89
  • 10.5 Middle East & Africa 90
    • 10.5.1 Middle East & Africa: Military IoT Market, 2018–2024 (USD Million) 90
    • 10.5.2 Middle East & Africa: Military IoT Market, by Country, 2018–2024 (USD Million) 91
    • 10.5.3 Middle East & Africa: Military IoT Market, by Component, 2018–2024 (USD Million) 91
    • 10.5.4 Middle East & Africa: Military IoT Market, by Technology, 2018–2024 (USD Million) 92
    • 10.5.5 Middle East & Africa: Military IoT Market, by Application, 2018–2024 (USD Million) 92
    • 10.5.6 UAE 93
      • 10.5.6.1 UAE: Military IoT Market, 2018–2024 (USD Million) 93
      • 10.5.6.2 UAE: Military IoT Market, by Component, 2018–2024 (USD Million) 93
      • 10.5.6.3 UAE: Military IoT Market, by Technology, 2018–2024 (USD Million) 94
      • 10.5.6.4 UAE: Military IoT Market, by Application, 2018–2024 (USD Million) 94
    • 10.5.7 Saudi Arabia 95
      • 10.5.7.1 Saudi Arabia: Military IoT Market, 2018–2024 (USD Million) 95
      • 10.5.7.2 Saudi Arabia: Military IoT Market, by Component, 2018–2024 (USD Million) 95
      • 10.5.7.3 Saudi Arabia: Military IoT Market, by Technology, 2018–2024 (USD Million) 96
      • 10.5.7.4 Saudi Arabia: Military IoT Market, by Application, 2018–2024 (USD Million) 96
    • 10.5.8 Rest of the Middle East & Africa 97
      • 10.5.8.1 Rest of the Middle East & Africa: Military IoT Market, 2018–2024 (USD Million) 97
      • 10.5.8.2 Rest of the Middle East & Africa: Military IoT Market, by Component, 2018–2024 (USD Million) 97
      • 10.5.8.3 Rest of the Middle East & Africa: Military IoT Market, by Technology, 2018–2024 (USD Million) 98
      • 10.5.8.4 Rest of the Middle East & Africa: Military IoT Market, by Application, 2018–2024 (USD Million) 98
  • 10.6 Latin America 99
    • 10.6.1 Latin America: Military IoT Market, 2018–2024 (USD Million) 99
    • 10.6.2 Latin America: Military IoT Market, by Country, 2018–2024 (USD Million) 99
    • 10.6.3 Latin America: Military IoT Market, by Component, 2018–2024 (USD Million) 100
    • 10.6.4 Latin America: Military IoT Market, by Technology, 2018–2024 (USD Million) 100
    • 10.6.5 Latin America: Military IoT Market, by Application, 2018–2024 (USD Million) 101
    • 10.6.6 Brazil 101
      • 10.6.6.1 Brazil: Military IoT Market, 2018–2024 (USD Million) 101
      • 10.6.6.2 Brazil: Military IoT Market, by Component, 2018–2024 (USD Million) 102
      • 10.6.6.3 Brazil: Military IoT Market, by Technology, 2018–2024 (USD Million) 102
      • 10.6.6.4 Brazil: Military IoT Market, by Application, 2018–2024 (USD Million) 103
    • 10.6.7 Rest of Latin America 103
      • 10.6.7.1 Rest of Latin America: Military IoT Market, 2018–2024 (USD Million) 103
      • 10.6.7.2 Rest of Latin America: Military IoT Market, by Component, 2018–2024 (USD Million) 104
      • 10.6.7.3 Rest of Latin America: Military IoT Market, by Technology, 2018–2024 (USD Million) 104
      • 10.6.7.4 Rest of Latin America: Military IoT Market, by Application, 2018–2024 (USD Million) 105

    11 -Competitive Landscape 106

    • 11.1 Competitive Overview 106
    • 11.2 Competitor Dashboard 107
    • 11.3 Major Growth Strategies: Global Military IoT Market 109
    • 11.4 Competitive Benchmarking 109
    • 11.5 Market Share Analysis 110
    • 11.6 Leading Players (In Terms of Number of Developments) in the Global Military IoT Market 110
    • 11.7 Key Developments & Growth Strategies 110
      • 11.7.1 New Product Developments 110
      • 11.7.2 Contracts 111
      • 11.7.3 Partnerships 111

    12 Company Profiles 112

    • 12.1 FLIR Systems Inc. 112
      • 12.1.1 Company Overview 112
      • 12.1.2 Financial Overview 112
      • 12.1.3 Products/Services Offered 113
      • 12.1.4 Key Developments 113
      • 12.1.5 SWOT Analysis 113
      • 12.1.6 Key Strategies 114
    • 12.2 Forescout Technologies, Inc. 115
      • 12.2.1 Company Overview 115
      • 12.2.2 Financial Overview 115
      • 12.2.3 Products/Services Offered 116
      • 12.2.4 Key Developments 116
      • 12.2.5 SWOT Analysis 116
      • 12.2.6 Key Strategies 117
    • 12.3 AT&T Inc. 118
      • 12.3.1 Company Overview 118
      • 12.3.2 Financial Overview 118
      • 12.3.3 Products/Services Offered 119
      • 12.3.4 Key Developments 119
      • 12.3.5 SWOT Analysis 119
      • 12.3.6 Key Strategies 119
    • 12.4 Northrop Grumman Corporation 120
      • 12.4.1 Company Overview 120
      • 12.4.2 Financial Overview 120
      • 12.4.3 Products/Services Offered 121
      • 12.4.4 Key Developments 121
      • 12.4.5 SWOT Analysis 122
      • 12.4.6 Key Strategies 122
    • 12.5 Honeywell International Inc. 123
      • 12.5.1 Company Overview 123
      • 12.5.2 Financial Overview 123
      • 12.5.3 Products/Services Offered 124
      • 12.5.4 Key Developments 124
      • 12.5.5 SWOT Analysis 124
      • 12.5.6 Key Strategies 124
    • 12.6 Other Prominent Players 125
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