The defense logistics market will reach $648.4 by 2030 at 9.2% CAGR, driven by AI, blockchain, autonomous vehicles, predictive maintenance, and digital twins for optimized supply chains.
The defense geospatial market will reach $218.23 by 2030 at 10.2% CAGR, driven by AI, multisensor data integration, autonomous systems, space assets, and real-time analytics.
Global Defense Equipment Maintenance, Repair and Overhauling Services market size is expected to reach $133.45 billion by 2030 at 8.8%, driven by the increasing defense expenditure.
Global Defense Electronics market size is expected to reach $317.67 billion by 2030 at 5.4%, rising defense expenditures fueling growth in the defense electronics market
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.