In the defense sector, spending on IT products and services is extensive due to the data-intensive nature of this sector.
The emergence of IoT analytics will be a key trend driving the market growth. IoT analytics is gaining preference in the defense sector due to the need to improve networking and communication systems. With the advent of network automation, IoT has improved and transformed networking and communication systems.
Endors in the defense sector are being challenged by data security, privacy, and migration. Defense agencies of several countries are emphasizing on the security of their data owing to the increase in cyberattacks and security breaches in the industry. The advent of Internet gives rise to numerous security issues, driving the need for authorizations at various levels to eliminate such problems.
The countries in the Americas will be the major revenue contributor to the growth of this market throughout the predicted period. Factors such as availability of adequate infrastructure, high frequency of cyberattacks, presence of numerous government and defense agencies, stringent government regulations, and extensive adoption of technologies among end-users in the defense sector, drive the growth of the military spending market in the region.
In 2017, the global Defense IT Spending market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report focuses on the global top players, covered
Hewlett Packard Enterprise
Market segment by Regions/Countries, this report covers
Market segment by Type, the product can be split into
Market segment by Application, split into
Defense cloud computing
Data collection sensors
The study objectives of this report are:
To study and forecast the market size of Defense IT Spending in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Defense IT Spending are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Defense IT Spending Manufacturers
Defense IT Spending Distributors/Traders/Wholesalers
Defense IT Spending Subcomponent Manufacturers
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Defense IT Spending market, by end-use.
Detailed analysis and profiles of additional market players.