A MarketsandMarkets forecast, released by Reportlinker, said the global market for instrusion detection and prevention systems will see an 8.3 percent compound annual growth rate to reach $7.1B in value by 2024.
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 that will drive AI market […] More
A Transparency Market Research report projects the global market for military biometric systems to experience a 7.4 percent compound annual growth rate over the next eight years due to growing national security challenges worldwide. The research firm said Tuesday it estimates that the military biometrics sector to grow from $5.6 billion in 2016 to $10.6 billion by 2025. A […] More
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 five years, Deltek said Thursday. […] More
A Deltek report has predicted that federal demand for vendor-furnished cloud computing services will reach $6.35 billion by fiscal year 2021 from $3.1 billion in FY 2016 at a 15 percent compound annual growth rate. The “Federal Priorities: Cloud, Big Data, Mobility, and Data Centers 2016-2021” report also forecasts that federal demand for big data products and services […] More
A new Research and Markets report predicts the global market for network security platforms to experience a compound annual growth rate of 7.84 percent from 2014 to 2019. The increasing demand among companies for software as a service-based network security tools and the rising cases of fraud, data theft and other forms of cyber attacks are […] More
A new report by Research and Markets predicts the global market for command-and-control systems to experience a compound annual growth rate of 3.68 percent over the next four years. Research and Markets said Monday the worldwide C2 market has nearly 14 percent share of the total market for C4ISR platforms and is projected to hit $16.5 billion by 2020 from […] More
A Deltek report predicts that federal spending on big data management software, hardware and services will increase from $1.5 billion in fiscal 2015 at a 14 percent compound annual growth rate to hit $3.2 billion by fiscal 2020. Deltek said Friday it forecasts agencies to increasingly use big data platforms for healthcare, national security, and […] More
A new International Data Corp. report predicts consumer and enterprise spending on mobile software, devices and services to hit $1.85 trillion by 2019, up from $1.66 trillion in 2015. IDC said Thursday the figure represents a compound annual growth rate of 2.7 percent over four years as commercial enterprises across industries seek to transform their operations. According to […] More
An International Data Corp. report forecasts public cloud services spending will increase to around $141 billion by 2019 from almost $70 billion last year, with software as a service to overtake other cloud computing service models. The public cloud-spend projection represents a compound annual growth rate of 19.4 percent and is nearly six times the projected CAGR for […] More
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