Defence and Security

The global passive authentication market was valued at $1.92 billion in 2024, is anticipated to grow at a CAGR of 21.26% and will reach $13.20 billion by 2034.

The global maritime cybersecurity market is projected to reach $15,219.8 million by 2033 from $4,253.3 million in 2023, growing at a CAGR of 13.60% during the forecast period 2023-2033.

The defense electronics obsolescence market is valued at $2.88 Billion in 2024 and is expected to grow at a CAGR of 7.83% to reach $6.12 Billion by 2034.

The tactical data link market will grow from $9.45 billion in 2024 to $15.41 billion by 2034, with a CAGR of 5.01%, driven by advancements in secure military communication technologies.

The Assessment of Emerging Technologies Impacting ISR in U.S. is estimated to reach $1,430.0 Million by 2037 from $430.7 Million in 2027, at a CAGR of 12.75% during the forecast period 2027-2037.

The global underwater defense system market is experiencing robust growth due to a confluence of geopolitical tensions, technological advancements, maritime security concerns, and increased investments in naval capabilities.

The Europe aerospace and defense battery market is estimated to reach $5.38 billion by 2033 from $2.30 billion in 2022, at a CAGR of 8.14% during the forecast period 2023-2033.

The Europe immersive reality for defense market is estimated to reach $4.13 billion by 2033 from $0.63 billion in 2022, at a growth rate of 18.72% during the forecast period 2023-2033.

The Europe ISR aircraft and drones market is estimated to reach $6.50 billion by 2033 from $3.51 billion in 2022, at a growth rate of 5.28% during the forecast period 2023-2033.

The Europe small caliber ammunition market in terms of value is estimated to reach $4.73 billion by 2033 from $2.89 billion in 2023, at a growth rate of 5.03% during the forecast period 2023-2033.

The Asia-Pacific small caliber ammunition market in terms of value is estimated to reach $3,069.0 million by 2033 from $1,717.8 million in 2023, at a growth rate of 5.97% during the forecast period 2023-2033.

The global large caliber ammunition market is projected to reach $6,184.5 million by 2033 from $2,738.7 million in 2023, growing at a CAGR of 8.49% during the forecast period 2023-2033.