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Military Mobile Computing Systems Market size is set to grow by USD 1.83 billion from 2024-2028, Greater focus on ISR operations boost the market, Technavio

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NEW YORK, July 25, 2024 /PRNewswire/ — The global military mobile computing systems market size is estimated to grow by USD 1.83 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  9.45%  during the forecast period. Greater focus on isr operations is driving market growth, with a trend towards ongoing digitization of battlefield operations. However, cyber security threats associated with military communication systems  poses a challenge. Key market players include ASELSAN AS, BAE Systems Plc, Collins Aerospace, Curtiss Wright Corp., Elbit Systems Ltd., Getac Holdings Corp., Inmarsat Global Ltd., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Miltope, Northrop Grumman Corp., Panasonic Holdings Corp., Rolta India Ltd., Saab AB, Samsung Electronics Co. Ltd., Thales Group, Viasat Inc., and Zebra Technologies Corp..

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Military Mobile Computing Systems Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.45%

Market growth 2024-2028

USD 1832.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

8.42

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 43%

Key countries

US, China, Russia, India, and UK

Key companies profiled

ASELSAN AS, BAE Systems Plc, Collins Aerospace, Curtiss Wright Corp., Elbit Systems Ltd., Getac Holdings Corp., Inmarsat Global Ltd., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Miltope, Northrop Grumman Corp., Panasonic Holdings Corp., Rolta India Ltd., Saab AB, Samsung Electronics Co. Ltd., Thales Group, Viasat Inc., and Zebra Technologies Corp.

Market Driver

The military mobile computing systems market is experiencing significant growth due to the increasing digitization of battlefields worldwide. This digitization involves integrating and updating components, including communication and surveillance systems, to their maximum capacity. One primary application of these networked technologies is the detection of incoming projectiles and counterterrorism efforts. They provide military units with automated remote area target monitoring and map-based situation awareness displays, enhancing surveillance capabilities in all weather conditions. Elbit Systems Sweden AB, a subsidiary of Elbit Systems Ltd, recently received a USD48 million contract from the Swedish Defense Materiel Administration to supply Technical High Mobility Shelters for mobile communication platforms. This contract is part of the Swedish Army’s new command and control infrastructure, highlighting the growing focus on digitalization among armed forces globally. As more nations adopt electronic warfare as a defense strategy, the demand for advanced mobile computing systems will continue to increase, driving market growth during the forecast period. 

The Military Mobile Computing Systems (MMCS) market is experiencing significant growth due to the increasing need for advanced technology in military operations. However, this trend comes with new challenges, particularly in the realm of security. Data breaches, unauthorized access, and cyber threats pose major concerns for data sovereignty and confidentiality. Security measures such as access controls, encryption mechanisms, intrusion detection, and prevention systems are essential. Data centers and cloud service providers offer solutions, but insider threats and cyberattacks remain a risk. Real-time data analysis, advanced analytics, and intelligence capabilities are crucial for situational awareness and predictive modeling. The MCC ecosystem includes sensors, surveillance systems, social media, and networking capabilities. Mission planning, threat detection, and network connectivity are key requirements. Tech giants and the Air Force segment are major players in this market, utilizing virtual private networks, dedicated communication channels, and virtualized computing resources for secure network infrastructure and internet connectivity. Bandwidth capacity and cloud resources are essential for real-time communication and data transmission. 

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Market Challenges

Military mobile computing systems play a crucial role in ensuring effective communication between armored vehicles and unmanned aerial vehicles (UAVs) by transmitting essential flight parameters. However, the reliance on wireless communication equipment for data transmission increases the vulnerability of these systems to cyberattacks. Unencrypted networks, such as Wi-Fi, pose a significant risk as intruders can interfere with the data transmitted between the UAV and its controller, potentially leading to catastrophic consequences. Both the sender and receiver must use the same specific channel for proper communication to prevent brute force attacks and de-authentication packets that can disrupt the connection and manipulate sensor data. The threat of cyberattacks is a significant challenge to the growth of the global military mobile computing systems market.The Military Mobile Computing Systems market faces unique challenges in the international market, particularly in meeting the demands of modern armed forces for technologically advanced computers in war zones. Rugged computers, embedded systems, laptops, handhelds, wearables, and rugged tablets are essential for military equipment on airborne platforms, naval platforms, military aircraft, ground segments, commercial ships, and national navy. These computers support mission-critical applications like data management, intelligence, surveillance, reconnaissance, and ML, Big data analytics. Military organizations require safety purposes, cost-effective solutions, and interoperability for joint operations and coalition efforts in the defense landscape. Pre-integrated forms of military computer software, such as avionics computers, are necessary for mission success. Cybersecurity advancements are crucial to protect sensitive information. Rapid prototyping and experimentation are essential to address emerging threats and improve equipment performance. Computational power is vital for operational strategies and real-time decision-making.

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Segment Overview 

This military mobile computing systems market report extensively covers market segmentation by  

Component 1.1 Products1.2 ServicesDevice 2.1 Radio2.2 Smartphones2.3 Tablets2.4 PCs and laptopsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Products-  The military and defense sector require robust and reliable mobile computing devices due to the harsh environmental conditions they operate in. Market growth is driven by the increasing use of secure mobile communication technologies in defense, as secure networks are essential for mission-critical operations. With most military missions conducted in remote areas, uninterrupted transmission and reception of mission-critical information are necessary. The US Department of Defense (DoD) is pushing the defense industry to ruggedize commercial technologies for military use, boosting the demand for rugged mobile computing. Increased military spending on advanced electronic equipment is also driving demand. For instance, Northrop Grumman Corp’s AN/APR-39E(V)2 radar warning receiver, which provides instantaneous bandwidth and frequency coverage to protect against modern radar threats, was awarded a multi-year contract by the US Army. This will increase demand for military mobile computing products, such as mobile computers and handheld computers, for communication in the military sector, thereby driving the growth of the global military mobile computing systems market during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Urban Air Mobility Market is set to revolutionize transportation driven by advances in eVTOL technology and smart city initiatives. Meanwhile, the global Rugged Handheld Devices Market is fueled by demand in industrial and military applications. The global Military Cybersecurity Market is also on the rise as nations invest heavily in securing critical infrastructure and combating cyber threats.

Research Analysis

The Military Mobile Computing Systems market is a critical segment in the defense sector, providing advanced technology solutions for various military applications. These systems are integral to armor, tanks, and guided missile systems, enhancing their capabilities and effectiveness. The integration of biosensors and AI technology is revolutionizing military operations, enabling real-time data analysis and improved decision-making. 3D printable weaponry and advanced digital infrastructure are shaping the future of military technology, offering cost-effective and flexible solutions for the defense landscape. Startups and private companies are making significant strides in this field, with innovations in ML, big data analytics, and cybersecurity advancements. Military mobile computing systems play a crucial role in mission-critical applications, including intelligence, surveillance, reconnaissance, and joint operations. Cloud computing and coalition efforts are enabling interoperability and information sharing, enhancing the overall effectiveness of military operations. Border road development and weapons purchases continue to drive demand for military mobile computing systems, as these systems are essential for data management and mission success. The integration of AI and ML in military technology is transforming the defense sector, offering new opportunities for innovation and growth.

Market Research Overview

The Military Mobile Computing Systems market encompasses advanced technologies that cater to the unique requirements of the defense sector. These systems include rugged computers, laptops, handhelds, wearables, and tablets designed for use in war zones and other challenging environments. Military mobile computing systems are integrated into various military equipment, such as armor, guided missile systems, tanks, and biosensors, to enhance their capabilities. The market also includes 3D printable weaponry, AI technology, and digital infrastructure solutions. Modern armed forces rely on these systems for mission-critical applications, including data management, intelligence, surveillance, and reconnaissance. Cloud computing offers a cost-effective and flexible solution for military organizations, enabling real-time data analysis and interoperability for joint operations and coalition efforts. However, the defense landscape is constantly evolving, with emerging threats, cybersecurity advancements, and rapid prototyping and experimentation shaping the market. Military mobile computing systems must prioritize security measures, including confidentiality, integrity, access controls, encryption mechanisms, intrusion detection, prevention systems, security policies, and security audits. Cyber threats, data breaches, unauthorized access, insider threats, and data sovereignty concerns are significant challenges for the market. The market also includes ML and big data analytics, cybersecurity advancements, and safety purposes for military bases and avionics computers in pre-integrated forms.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentProductsServicesDeviceRadioSmartphonesTabletsPCs And LaptopsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/ 

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SOURCE Technavio

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Technology

New Year, New Health Insurance Changes: BuzzRx® Can Help Fill the Gap in Prescription Coverage

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Save Smart and Bee Healthy

FORT LAUDERDALE, Fla., Jan. 14, 2025 /PRNewswire/ — As we enter a new year, many Americans may be facing unwelcome changes to their health insurance plans, including the removal or reduction of prescription medications from their coverage. With health insurance policies adjusting annually, BuzzRx, a free prescription savings service that allows users to instantly find the lowest price on their medication at pharmacies nationwide, is stepping up to help fill the gap by providing access to affordable prescription medications through exclusive discounts at over 60,000 participating pharmacies nationwide.

The Start of the Year Brings Health Insurance Changes—and Increased Costs

Each year, millions of Americans experience shifts in their health insurance coverage. One of the most common changes is that their prescription medications may no longer be covered. According to the latest data from the Kaiser Family Foundation, nearly 1 in 5 (approximately 23%) individuals with private health insurance face interruptions in their prescription drug coverage once their new policy takes effect. These changes can result in out-of-pocket expenses that are financially burdensome and potentially harmful to individuals’ health.

“Health insurance companies often update their formularies, dropping certain medications or shifting drugs to higher tiers that are not covered as fully,” states Matthew Herfield, Co-Founder and CEO of BuzzRx. “For those who depend on regular medications, these changes can pose a significant financial hardship. BuzzRx is here to help ease that burden by offering discounted prices on prescriptions, regardless of whether your medication is covered by insurance.”

How BuzzRx Can Help You Save on Prescription Medications

BuzzRx offers an affordable and easy way to get the medications you need, even if your insurance no longer covers them. With BuzzRx, users can access exclusive discounts at over 60,000 pharmacies nationwide, including major chains and independent pharmacies.

No insurance? No problem: BuzzRx provides savings on medications for those without insurance or those whose insurance doesn’t cover certain medications.Instant Savings: BuzzRx can save you up to 80% off on prescriptions immediately. Simply show your BuzzRx coupon for your medication at the pharmacy to receive your discount.Broad Coverage: BuzzRx offers discounts on a wide range of medications, including generic and brand-name drugs.Simple & Free: Signing up for BuzzRx is quick and free—no hidden fees, no complicated paperwork, and no waiting periods.

In addition, BuzzRx’s BeeKind program gives back to four nonprofit partners every time someone saves, ensuring that every discount used can help others in need.

The Impact of Losing Prescription Coverage

Losing coverage for critical medications can have far-reaching consequences. According to a study by the National Public Radio (NPR), as many as 33% of Americans report not filling prescriptions due to high out-of-pocket costs. When health insurance no longer covers necessary medications, many are forced to make difficult choices between buying medications or paying for other essential needs.

It’s easy to start saving with BuzzRx. Simply visit buzzrx.com or download the BuzzRx app to sign up for a free BuzzRx account and begin accessing prescription discounts immediately.

About BuzzRx
BuzzRx is a free prescription discount service that allows users to find the lowest price on their medication instantly at over 60,000 pharmacies nationwide. The website and free mobile app promote drug transparency by allowing users to compare discounted prices across pharmacy chains, helping reduce out-of-pocket costs and sticker shock at the counter. Since 2021, BuzzRx has helped over 10 million people in the U.S. save up to 80% on their medications, resulting in over $2 billion saved. BuzzRx also supports its nonprofit partners year-round, donating over 10 million. For more information, visit BuzzRx.com or download the free mobile app on iOS and Android.

Press Contact
Press@BuzzRx.com

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USTA President Brian Hainline, MD Joins Tennis Social AI as Chief Innovation & Health Officer

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NEW YORK, Jan. 14, 2025 /PRNewswire/ — Tennis Social AI proudly announces Brian Hainline, MD as its Chief Innovation and Health Officer, marking a transformative step in its mission to redefine tennis and racquet sports.

“Tennis Social AI addresses a critical gap in bringing tennis to the people.” – Brian Hainline, MD

Brian, former President of the USTA and the first Chief Medical Officer of the NCAA, brings decades of leadership and expertise at the intersection of health, sports, and innovation. A Clinical Professor of Neurology at NYU Grossman School of Medicine, Brian has been a vocal advocate for tennis as the healthiest sport in the world. His role at Tennis Social AI will focus on driving cutting-edge initiatives to broaden the sport’s accessibility, unlock its health benefits, and integrate technology to elevate the player experience.

“Tennis is the healthiest sport on the planet – but that only matters if tennis is accessible to individuals and communities from all cultures, all ages, and all abilities,” Brian shared. “Tennis Social AI addresses a critical gap in bringing tennis to the people – tennis that is fun, engaging, and a platform for developmental success. I feel privileged to be part of this journey.”

At Tennis Social AI, the mission is to make tennis more social, fun, and accessible to everyone, regardless of age, ability, or skill level. Brian’s addition to the team comes as the company prepares for its first installations and public launch in early 2025.

Rooted in tennis, Tennis Social AI’s proprietary technology also holds the potential to revolutionize other racquet sports, including pickleball and padel. This versatility positions the company as a leader in racquet sports simulation.

2025 promises to redefine racquet sports innovation. Tennis Social AI will blend entertainment, fitness, and training, paving the way for a future where the sport inspires and stays accessible to all.

For more information on brand opportunities and pre-sales, contact: Steven McClendon at steven@tennissocial.ai / Tyler Kelly at Tyler@tennissocial.ai or visit https://tennissocial.ai/

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SOURCE Tennis Social AI

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Tyber Medical, Intech and Resolve Surgical Technologies combine to form a next-generation solutions provider to the Medical Device industry

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LONDON, Jan. 14, 2025 /PRNewswire/ — Montagu announced today its intention to create a world-leading medical devices supplier by supporting the merger of Tyber Medical, Intech and Resolve Surgical Technologies (“Resolve”).

As part of the transaction, Montagu entered into a definitive agreement to acquire Tyber Medical, an innovative medical device company providing private label development and manufacturing services to med-tech Original Equipment Manufacturers (OEMs). Subject to customary regulatory approvals and closing conditions, Tyber Medical will be combined with Montagu’s existing investments in Resolve, a leading provider of contract device design, manufacturing, and lifecycle management services, as well as in Intech, a leader in the co-development and manufacturing of complex orthopaedic surgical devices.

The combined entity will offer a unique mix of proprietary market-cleared technologies, and development and manufacturing scale, that will enable its OEM customers to achieve unmatched speed to market and improve the resiliency and effectiveness of their supply chain. At the time of the merger, the platform will be a leading contract supplier of systems for Spine, Trauma, Extremities, Sports Medicine and Enabling Technologies, with plans to expand its pioneering innovation-led model into additional markets. The planned merger will support accelerated innovation and help improve standards of care for patients globally.

Jeff Tyber, Founder and CEO at Tyber Medical said: “Tyber Medical’s proven track record of successful global launches, averaging 12 months from signing to launch, has revolutionized how our partners expand their portfolios and adapt to the evolving market dynamics. This strategic combination brings together the size, scale, and expertise of Intech, along with Resolve’s deep knowledge in the Spine and Cardiothoracic fields. We are delighted to be partnering with Montagu, a leading investment firm in the private label OEM sector, and we share their vision of creating an industry champion.”

“This unique combination represents a significant milestone, enhancing our ability to serve medical technology companies worldwide,” said Laurent Pruvost, President and CEO of Intech. “By combining Intech’s global manufacturing footprint and know-how with Resolve and Tyber’s tailored solutions, we will establish ourselves as the undisputed partner of choice in the industry.”

Megan Osorio, President and CEO of Resolve said: “Bringing innovation to market with speed and quality is of the utmost importance to our OEM customers. Joining forces will increase our ability to support their growth across the full range of orthopaedic implants & instruments by bringing the deep experience of our respective teams and scale of our manufacturing footprint together.”

Adrien Sassi, Partner at Montagu said: “Montagu is proud to support the creation of this world-class medical device platform. The three organisations share similar passion and focus on delivering innovative, high-quality, reliable solutions to OEM customers, surgeons, and patients. We look forward to partnering with Jeff Tyber and his talented team, as well as extending our successful collaboration with Intech and Resolve.”

Houlihan Lokey and Dechert LLP, respectively, acted as exclusive financial advisor and legal advisor to Tyber Medical. Weil Gotshal & Manges acted as legal advisor to Montagu, Intech and Resolve.

Media enquiries

Greenbrook: James Madsen and Cecilie Oerting
+44 20 7952 2000 | montagu@greenbrookadvisory.com

About Intech

Intech is a global leader in the manufacturing of orthopaedic devices and mission-critical components. With facilities in the USA, Europe, and Asia-Pacific, the group excels in producing surgical implants, instruments, cutting tools, handles, and sterilization containers. With innovation at heart, Intech is at the forefront of contract-design and contract-manufacturing in the field of Orthopaedics and Healthcare. Intech is also home to SMADE, its IoMT division that offers smart tracking of geolocation, sterilisation cycles, and usage of surgical containers on the field. For more information, visit https://intech-medical.com/.

About Resolve Surgical Technologies

Resolve Surgical Technologies is an industry-leading private label OEM that designs, develops and manufactures metal and polymer implants and instruments serving the orthopaedics, spine and cardiothoracic markets. Originally founded in 1992 as Pioneer Surgical Technology, Inc. and later known as the Metals division of RTI Surgical, Resolve became known for their innovative designs and engineering expertise. Today, Resolve Surgical focuses on creating value as an extension of our OEM partners’ teams to deliver innovation, accelerate speed to revenue and drive lifecycle management with robust quality and regulatory support. For more information, visit www.resolvesurg.com.

About Tyber Medical LLC

Tyber Medical LLC is a leading orthopaedic device manufacturer providing rapid access to FDA-cleared and CE-marked, private label, portfolio-enhancing regulatory-approved orthopaedic implants for the spinal, extremity, and trauma markets. Since its founding in 2012, the company has released more than 50 spine, extremity, and trauma systems. Tyber Medical aims to develop and utilize differentiated bioengineered technologies, including surface treatments and coatings, to advance orthopaedic science. For more information, visit https://tybermedical.com/.

About Montagu

Montagu is a leading mid-market private equity firm, committed to finding and growing businesses that make the world work. Focussing on businesses with a must-have product or service in a structurally growing marketplace, Montagu brings proven growth capabilities to help companies achieve their ambitions and unlock their full potential. Montagu specialises in carve-out and other first time buyout investments and has deep expertise in five priority sectors: Healthcare, Financial Sector Services, Critical Data, Digital Infrastructure and Education. ESG forms an integral part of its strategy, and its commitment to responsible investment is fully integrated into its investment and value-creation process. Montagu partners with companies with enterprise values between €200 million and €1 billion and has €12bn assets under management. For additional information on Montagu, visit www.montagu.com

 

 

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