Tag Archives: compound annual growth rate

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 …

A new Research and Markets report predicts that U.S. spending on defense programs will grow 5.7 percent year-over-year to reach nearly $798 billion by 2022. The U.S. spent about $586.7 billion on defense during 2017 and is projected to have the largest defense expenditure in the world over the next four years, Research and …

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 …

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 …

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 …

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 …

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 …

A Research and Markets report on the global explosive detection systems market forecasts the industry will see an 11.4-percent compound annual growth rate over the next five years. The research firm said Monday it predicts the explosive detectors market’s value will grow from $3.56 billion last year to $6.12 billion in …

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 …

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 …

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 …

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 …

MarketsandMarkets has reported that worldwide governmental efforts to keep citizens, infrastructure and organizations safe from multiple threats drive growth in the public safety and security market. The market’s value to grow from almost $221 billion this year to about $371 billion by 2020, with a compound annual growth rate of 10.9 …

A MarketsandMarkets report forecasts the value of the global unmanned aerial vehicles market to hit $14.9 billion in 2020, with an 8.12 percent compound annual growth rate from 2015 to 2020. The research firm said Tuesday the UAV market’s value reached $10.1 billion this year and North America accounted for about …