IoT in Defense: Market Size, Trends & Strategic Insights
The convergence of the Internet of Things (IoT) and defense is forging a new frontier in military capabilities, enabling smarter, more connected, resilient systems. A recent report by MarketResearchEngine delves into the IoT in Defense market — its size, segmentation, regional dynamics, and competitive landscape. Below is a distilled, blog-friendly version of its key insights. IoT in Defense Market Overview & Forecast The IoT in Defense market is projected to reach US $35.90 billion by 2028 . It is expected to grow at a CAGR of ~12% during the period 2023–2028. The market is driven by rising requirements for enhanced national security, real-time situational awareness, and modernization of defense infrastructures. There is a noted shift in defense forces seeking to integrate advanced connectivity, edge computing, sensor networks, and autonomous systems. IoT in Defense Market Segmentation The report classifies the landscape along several axes: 1. By Application / Industrial ...