MarketsandMarkets has projected the global mobile cloud market to reach $46.9 billion in value by 2019. The forecast indicates that the mobile cloud market will grow by a compound annual growth rate of 37.8 percent from $9.43 billion in 2014, the market researcher said Tuesday. MarketsandMarkets attributes the rise of the mobile cloud era to expansions in […] More

A MarketsandMarkets report estimates the value of the worldwide government cloud market to be $18.48 billion by 2018, up from $2.87 billion last year. The research firm said Thursday it predicts North America will be the largest regional market for cloud computing platforms designed for government organizations through 2018. Federal, state and local government agencies […] More

A new MarketsandMarkets report forecasts the three-dimensional sensor market to be worth $3.4 billion by 2020 and achieve a compound annual growth rate of 23.43 percent over the next six years. The market research and consulting firm said Monday that it attributes the potential growth to continued research and development, supply chain and distribution improvements, and potential applications in the consumer, media […] More

A MarketsandMarkets report predicts the global market for healthcare workforce management platforms will grow at a 13.8 percent compound annual growth rate to $1.5 billion in value by 2019. The research firm said Monday that healthcare organizations increasingly are adopting technology designed to manage employee schedules, attendance, shift differentials and patient care. Last year, North […] More

A MarketsandMarkets report on the healthcare cloud computing market forecasts the industry will enjoy a compound annual growth rate of 20.5 percent in the years leading up to 2017. Revenue for health-focused cloud offerings worldwide is projected to grow from $1.8 billion in 2011 to $5.4 billion in 2017, MarketsandMarkets said Tuesday. The report indicates […] More

A new five-year forecast from research firm MarketsandMarkets says cloud computing adoption and wireless communications will be among the forces that will drive growth in the global cybersecurity market through 2019. The cyber market will hit a value of $155.74 billion by 2019 with the largest contribution coming from the aerospace, defense and intelligence vertical, MarketsandMarkets […] More

MarketsandMarkets predicts the worldwide military communications market to grow from $18.46 billion in 2014 to $30.12 billion in 2019. The increase represents a compound annual growth rate of 7.2 percent, MarketsandMarkets said Monday. MarketsandMarkets examined military communications market segments such as communication types, components, applications, regions and verticals. The report discusses projections about market size and growth, trends, […] More

A MarketsandMarkets report on the platform-as-a-service market has forecast the sector to be worth up to $6.94 billion in revenue by 2018 at a 32.54 percent compound annual growth rate. PaaS revenue has grown faster than the infrastructure and software segments due to its impact on the application development process, the market researcher says. The report, […] More

Cubic's Nuvotronics subsidiary plans to add a 14-inch substrate carrier line within its manufacturing facility in Durham, North Carolina, in anticipation of increased demand for millimeter-wave technology across the defense, space and commercial sectors.

More

Fulton, Md.-based data storage provider RackTop Systems has secured $15M in its latest funding round aimed at supporting the company’s near-term sales channel and product development expansion.

More

Several technology companies have expressed support to the Federal Reserve’s plan to come up with a real-time payment network designed to connect all U.S. banks, credit unions and other financial institutions, Forbes reported Wednesday. “Only the Federal Reserve can serve as the catalyst to achieve real-time payments ubiquity in a timely manner,” a trade association representing […] More

A new Markets and Markets report forecasts the global military electro-optics/infrared systems market to hit $14.20 billion by 2022 from $10.15 billion in 2016, at a compound annual growth rate of 5.75 percent. Markets and Markets said that high demand for battlespace data by defense forces will drive the military electro-optics/infrared systems market. The report also […] More