According to a report by MarketsandMarkets, the airborne Intelligence, Surveillance, and Reconnaissance (ISR) market is projected to reach $21.40 billion by 2031. The report, titled 'Airborne ISR Market - Global Forecast to 2031,' was released on May 28, 2026, and is based on verified data from defense and aerospace sources.
The market growth is attributed to increasing defense budgets globally and the need for advanced surveillance systems. Key players include Northrop Grumman, Lockheed Martin, and Boeing, which dominate the sector with platforms like the Global Hawk and P-8 Poseidon.
Regional analysis shows North America leading the market, followed by Europe and Asia-Pacific. The report emphasizes the role of artificial intelligence in enhancing ISR capabilities, though specific AI adoption rates were not disclosed.