MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Need for Precision Strike Capabilities Fuels Military Global Navigation Satellite Systems Market Finds Frost & Sullivan - Launch of commercial off-the-shelf solutions endorses development of military sector
Need for Precision Strike Capabilities Fuels Military Global Navigation Satellite Systems Market Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2014/04/23 - Launch of commercial off-the-shelf solutions endorses development of military sector.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking / Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Ongoing operations, force modernisation efforts, and the rising importance of precision strikes in contemporary military conflicts are driving the demand for global navigation satellite systems (GNSS). Military end users are gravitating towards these solutions as a single strike of a 155 mm GNSS-guided artillery can cause more impact than a dozen unguided rounds.

New analysis from Frost & Sullivan, Military Global Navigation Satellite Systems Market Assessment, finds that the market earned revenues of $1.98 billion in 2013 and estimates this to reach $2.18 billion in 2022 at a compound annual growth rate of 1.1 percent. The study covers receivers, data applications, and services. North America is the biggest market for military GNSS while Central Asia, Asia-Pacific, and the Middle East represent the fastest growing markets.

The launch of major projects such as the European Galileo and Chinese Beidou/Compass as well as the introduction of two new regional navigational systems Indian Regional Navigational Satellite System and the Japanese Quasi-Zenith Satellite System is increasing the availability of GNSS solutions. These new developments are also intensifying competition between solution providers, in turn decreasing the cost of GNSS and attracting more end users.

"Another initiative that is likely to aid market growth is the implementation of commercial off-the-shelf (COTS) GNSS solutions," said Frost & Sullivan Aerospace & Defence Industry Analyst Dominik Kimla. "COTS GNSS will benefit both industry players and military end users while it gives the former a chance to implement solutions developed and verified in the civil sector in military projects. The latter as well gets access to mature and robust products at low prices."

However, the increase in deployment rates of non-satellite-based navigation systems and alternative systems due to their ability to function without interference in dense urban areas and deep canyons is disrupting market momentum. Past incidents of successful cyber-attacks on military GNSS data applications despite encryption is also weakening the case for these solutions.

"Solution providers should focus on boosting the cyber security of military GNSS receivers and data applications," suggested Kimla. "They should also consider integrating military GNSS with alternative and non-satellite-based navigation systems to enhance their product offerings."

For more information on this study, please email Edyta Grabowska, Corporate Communications, at edyta.grabowska[.]frost.com

Military Global Navigation Satellite Systems Market Assessment is part of the Aerospace (aerospace.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Global Physical Security Information Management Market Assessment, Global Cyber Security Market Assessment, Global Border and Maritime Security Market Assessment, and Global Helicopters Market Assessment. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

Military Global Navigation Satellite Systems Market Assessment / M9B3-22

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking / Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Tracking Navigation - Purchase keywords tags asset tracking, fleet management / Banner Ads!.

 
  Your Banner Ad showing on ALL
Tracking / Navigation articles,
CATCH Visitors via Your Competitors Announcements!


Need for Precision Strike Capabilities Fuels Military Global Navigation Satellite Systems Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Edyta Grabowska - Frost.com 
+48 22 481 62 03 edyta.grabowska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Tracking / Navigation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Tracking / Navigation Most Recent Related Newswires:

PlateSmart Technologies Introduced Powered by PlateSmart™
PlateSmart will Unveil the Latest PlateSmart LPR Solutions At GSX 2019
Eurotech will Provide Passenger Counters for The Grand Paris Express Metros
ALPR Provider Earns Milestone Gold Partner Classification
Arachnys and BAE Systems Partner to Provide Streamlined Compliance Investigations and Accelerate Client Onboarding
ABB Turbocharging Launches Intelligent Engine Performance Software for Fleet-wide Use
Kuehne + Nagel Equips New Fleet Vehicles with Turning Assistants
PlateSmart and IPConfigure Join Forces
PlateSmart Brings its Award-winning ALPR Technology to VIVOTEK Network Cameras and VMS
VINCI Highways Awarded New Management Contract for Freeflow Transactions and Customer Services on Dublin Ring Road (M50)
Scandit Commended by Frost & Sullivan for Exemplary Innovation and Superior Technology in Retail Automation
Datalogic Unveils Memor™ 10 Rugged Mobile Computer
Frost & Sullivan Recognizes Mapbox for its Highly Impactful Platform for Mapping and Live Location
NEC Completes Construction of Earthquake Detection System in Indonesia
Voith to Showcase its Drive Concepts At The SMM 2018

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  RightITnow, Inc.





 
  ©2019 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)