Tag Archives: CAGR

Report: Big Data, Cloud Computing to Help Drive Artificial Intelligence Market Growth

A Market Research Engine report predicts the global artificial intelligence market will grow at a 37 percent annual compound growth rate through 2024 to reach $191B. The research company said Sunday the growth of big data, a demand for intelligent virtual assistants and the adoption of cloud computing applications and services are among the factors …

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Deltek Report: IT Policies, Infrastructure Upgrade Efforts to Drive Federal Data Security Spend

A new Deltek report predicts that federal spending on information security will reach $12.0 billion in fiscal 2021, up from $9.3 billion during fiscal 2016, as cybersecurity continues to be a priority for many agencies. The federal information security spend projection represents a 5.3 percent compound annual growth rate over the next …

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Frost & Sullivan: Demand for Mixed Reality Training to Drive Military Training & Simulation Investments

A new Frost & Sullivan analysis predicts the Defense Department’s budget for training and simulation systems to experience a compound annual growth rate of 1.7 percent through 2020. The demand for mixed reality training or live, virtual and constructive training is expected to drive investments and technology updates in the military training and simulation market, Frost …

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RnR Market Research Forecasts 6% CAGR for Defense Drone Industry Through 2020

An RnR Market Research report predicts the military unmanned aerial vehicles market will achieve a 6 percent compound annual growth rate over the next five years. The company said Wednesday large defense UAVs that can perform surveillance, intelligence gathering, target designation, fire support and strike missions accounted for a total of about …

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Research and Markets: Vehicle Electronics to Drive Market for Military Infrared, Electro-Optical Systems

A new Research and Markets report predicts the worldwide market for military infrared and electro-optical systems to record compound annual growth rate of 6.07 percent through 2019. The market research firm said Wednesday an increase in demand for vehicle electronics or vetronics and technological advances in EO/IR sensors and radio frequency jamming …

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