"Strategic Investments: Unveiling the Dynamics of the Soldier Modernization Market"
Soldier modernization is the process in which the upgradation of various army weapons, advanced systems, and safety measures are taken to protect the lives of soldiers by overcoming potential threats on the battlefield. Some of the top priority protections include long-range precision fires, air and missile defence, combat gear, and soldier lethality army network, among many others. The Soldier Modernization Market was estimated at US$ 13.8 billion in 2021 and is expected to grow at a CAGR of 3.4% during 2022-2028 to reach US$ 17.5 billion in 2028.