The Global Soldier Modernization Market 2015–2025

Date: 2015-08

“• The global Soldier Modernization market is expected to be worth US$8.3 billion in 2015, and is expected increase to US$12.8 billion by 2025, representing a CAGR of 4.38% during the forecast period.

• The market is anticipated to be dominated by North America, followed by Asia- Pacific and Europe. The US is the largest spender, with a cumulative expenditure of US$43.4 billion over the next decade.

• In terms of segments, C4ISR is expected to account for 38% of the global military soldier modernization market, followed by lethality and survivability, occupying shares of 27% and 26% respectively.”

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