MarketsandMarkets has forecast an Internet of Things and machine-to-machine communications market that will grow into a $947.29 billion industry by 2019. The projection represents a 29.9 percent compound annual growth rate from $255.87 billion in 2014, the market analyst said Monday. The report, which highlights market trends, drivers, opportunities, restraints, future growth potential and revenue forecasts per region, suggests an industry faced with […] More

A new MarketsandMarkets report predicts that the global industrial security systems market will achieve an 8.69-percent compound annual growth rate to reach a market value of $38 billion by 2020. The firm said Thursday that the report includes an analysis of the market based on system type, end user, service, component and geography as well as market drivers, restraints, […] More

A new MarketsandMarkets report indicates that the mobile data protection market will be worth $3.54 billion by 2019 due to the demand for measures that protect enterprise data as companies adopt bring-your-own-device and other mobility practices. The firm said Friday that the market value will climb at a compound annual growth rate of 22.4 percent over the next five years, […] More

A new MarketsandMarkets forecast predicts the three-dimensional printing market will be worth $8.43 billion by 2020. The growth represents a compound annual rate of 14.37 percent between 2014 and 2020 across the aerospace, automotive, consumer, defense, healthcare, industrial, education and research sectors, MarketsandMarkets said Wednesday. MarketsandMarkets attributes the growth of 3D printing market in the Americas to initiatives the governments in the […] More

The global market for small arms is expected to grow into a $5 billion industry in five years as technological innovation moves forward and demand for non-defense use increases, new analysis from MarketsandMarkets revealed. The analyst said Wednesday the report predicts a market that will grow at a rate of 4.17 percent year over year from 2014 to […] More

A MarketsandMarkets report predicts the global market for C4ISR systems will grow at an annual rate of 4.52 percent over the next six years to $133 billion in value by 2020. Systems integration and interoperability requirements could drive market growth and industry is forecast to see higher demand for synthetic aperture radar, mobile, geospatial, cybersecurity, […] More

The market for electro-optical and infrared systems in the military will be worth $16.35 billion by 2020, according to a new MarketsandMarkets report. The analysis firm said Monday the figure represents a 7.71 percent year-over-year increase and is prompted by growing demand for EO/IR systems in surveillance platforms. Electro-optics are becoming popular in naval close-in weapons systems for threat detection […] More

MarketsandMarkets predicts the marine composites market will rise in value to $4.97 billion over the next five years due to increases in demand for high-speed boats, fuel-efficient vehicles and design flexibility. The firm said Tuesday that the costs of carbon fiber, styrene regulations and potential issues with the reparability and recyclability of composites could hinder further growth in the market. The report also […] More

A MarketsandMarkets report predicts the unmanned aerial vehicles industry to experience a compound annual growth rate of 7.73 percent over the next six years. The research firm said Thursday the worldwide UAV market could be worth approximately $10.6 billion by 2020, from its $6.8 billion value during 2014. Demand for autonomous technology and systems designed to […] More

A new MarketsandMarkets report rorecasts the maritime security market to reach $20.87 billion in value in 2019 at a compound annual growth rate of 8.4 percent over the next five years. The firm said Thursday that the awareness of maritime threats, regulations, standards and international trade practices, as well as the globalization of maritime security operations will drive the market. The report also listed Kongsberg, Northrop […] More

MarketsandMarkets has released a new report that projects the air traffic control equipment market to be worth approximately $5.5 billion in 2020. The report, which analyzes the market’s growth by geography and country between 2014 and 2020, indicates that the air traffic market will double in value over the next 15 years, MarketsandMarkets said Thursday. Airport construction projects […] More

MarketsandMarkets forecasts an 8.06 percent compound annual growth rate for the image sensor market by 2020 to reach a total market value of $15.77 billion and cites that trend to new CMOS design and fabrication technology. The market research firm said Thursday that companies emerging to develop the market include Aptina Imaging, Canon, CMOSIS, OmniVision Technologies, ON Semiconductor, Samsung Group, Sony, […] More