Higher CAGR for the rugged segment
According to the report, Military Computers Market published by MarketsandMarkets™, the military computers market is estimated at $7.9 billion in 2018. By 2023 it’s forecasted to reach $10.5 billion at a CAGR of 5.85%.
This predicted growth has its origin in the rising demand for rugged computers and the global rise in technological warfare overall. The demand for rugged computers is projected to grow at an even higher CAGR during the forecasted period due to the significant demand.
Militaries around the globe are eyeing for more portable and advanced computers in war zones. In these conditions, such as extreme heat and cold, rugged computers makes the perfect fit.
But it’s not only militaries themselves
Read more: Rugged Computers for Military
Most potential in the North American region
In 2018, the market for military computers is led by North America, mainly due to the US government’s high military budget. The US military defense systems include very sophisticated and advanced technology, which requires advanced systems and capable devices.
Another major thing that drives the market is the undergoing research and development phase for military equipment to the US Army.
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