Tag Archives: market forecast

Allied Market Research: Global Internet Security Market Worth $43B by 2020

A new report from Allied Market Research projects the global Internet security market to be worth $42.8 billion by 2020 due to what the firm sees as increasing use Internet-based applications, particularly for online financial transactions. The firm said Thursday the market value for Internet security will climb at a compound annual growth rate of 8.1 percent over …

Read More »

Gartner’s Jim Tully: Gov’t to Key on Smart Street, Area Lighting for ‘Internet of Things’

Gartner has predicted the number of connected devices to reach 25 billion by 2020, a nearly five-fold increase from the 4.9 billion projected for 2015. Gartner said Tuesday the automotive sector will see a 96-percent growth of connected things in 2015 and that consumer applications will drive the expansion of Internet of Things. The …

Read More »

MicroMarket Monitor Pegs Predictive Analytics Market Growth at 24.5% Through 2019

MicroMarket Monitor projects at North America’s predictive analytics market will hit a 24.5 percent compound annual growth rate until 2019, HealthITAnalytics said Thursday. Jennifer Bresnick writes the report also pegs the growth of predictive technology global market at 32.3 percent during the same forecast period. The report shows that North American organizations account for 38.8 percent of the global market. MicroMarket …

Read More »

IDC: Public IT Cloud Spending to Hit $127B in 2018

A new forecast from International Data Corp. predicts public information technology cloud services spending will grow to more than $127 billion in 2018 from the $56.6 billion projected for 2014. That IT cloud spending growth represents more than 50 percent of software, server and storage spending worldwide in 2018, IDC said Monday. “Over the next four to …

Read More »

MarketsandMarkets: Demand for Power Boats to Drive Marine Composites Market Growth

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 …

Read More »

Research and Markets: Missile Defense Systems Market to Grow 5% Through 2024

Research and Markets has released a new report that predicts the global missile defense systems market could grow to $38.5 billion in value through 2024, up 4.93 percent from 2014. The report analyzes market size over the next decade, global industry values, market demand and industry challenges, Research and Markets said Wednesday. Research and Markets projects the market for …

Read More »

MarketsandMarkets: Maritime Security Market to Grow 8.4% Through 2019

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. …

Read More »

Research and Markets: Global Military UAV Market Growth to Slow Through 2022

A new report from Research and Markets has highlighted what the firm identifies as the drivers, restraints, trends and potential revenue opportunities in the global market for military unmanned aerial vehicles The market research firm said Thursday that the market’s growth will slow down through 2022 and that the U.S. will hold the largest market share, followed by Asia-Pacific and …

Read More »