Electronic warfare market to reach $27.94 billion by 2032 - Emergent research

Vancouver, Nov. 15, 2023 (GLOBE NEWSWIRE) - According to Emergen Research analysts, the global electronic warfare market is expected to reach a value of USD 27.94 billion by 2032.

The increasing focus on modernization of existing electronic warfare and growing emphasis on space-based command and control infrastructure for military and commercial operations are some of the factors that are driving the market growth.

Additionally, high focus on the overall image of defense operations and the information superiority capabilities, battlefield situational awareness, and decision-making advantages in electronic warfare are some of the significant reasons for the tremendous growth' 'of this market.

The increasing use of smart city control center applications is also expected to drive the growth of the market.

The global e-wrestling market landscape is expected to remain extremely competitive and highly fragmented, comprising of numerous small startups, medium-sized enterprises, and large conglomerates.