Middle East and Africa Military IoT market

Synopsis
The above chart is Global Military IoT market [2018-2024] by Middle East and Africa

Market Dynamics

Uae accounted for the largest market share in 2018 in the middle east and africa military iot market, and is expected to reach usd 947.60 million in 2024 from usd 578.60 million in 2018. however, saudi arabia is the fastest growing market, which is expected to grow at a cagr of 10.26% during the forecast period 2019 - 2024. hardware segment accounted for the largest market share in 2018, this market is expected to reach usd 856.80 million in 2024 from usd 536.50 million in 2018. this market is projected to grow at a cagr of 8.11% during the forecast period from 2019 - 2024. however, software segment is the fastest growing market, which is expected to grow at a cagr of 10.70% during the forecast period 2019 - 2024. real time fleet management segment accounted for the largest market share in 2018, this market is expected to reach usd 481.30 million in 2024 from usd 297.40 million in 2018. this market is projected to grow at a cagr of 8.35% during the forecast period from 2019 - 2024. however, training and simulation segment is the fastest growing market, which is expected to grow at a cagr of 10.83% during the forecast period 2019 - 2024. wi fi segment accounted for the largest market share in 2018, this market is expected to reach usd 1211.50 million in 2024 from usd 669.30 million in 2018. this market is projected to grow at a cagr of 10.39% during the forecast period from 2019 - 2024. however, wi fi segment is the fastest growing market, which is expected to grow at a cagr of 10.39% during the forecast period 2019 - 2024.