A Fortune Business Insights report estimates that the global military drone market will grow to $23.78B by 2027 at a 12.12 percent compound annual growth rate partly driven by the increase in military spending in major world economies.
Read More »Frost & Sullivan: Military Training, Simulation Market to Reach $20B by 2027
A Frost & Sullivan report forecasts the military training and simulation market will grow from $9.28B to $19.65B by 2027, National Defense reported Monday.
Read More »Visiongain Report Projects Growth in Military Sensor Fusion Tech Market Through 2029
A Visiongain forecast, released by ReportLinker, says military sensor technology adoption will help drive the global sensor fusion market between 2019 and 2029. ReportLinker said Thursday the market will experience growth over the next decade as military organizations seek to obtain insights from sensor data. The report also provides an analysis …
Read More »Onvia Survey Shows Increase in Govt Contractor Sales Expectations
A new study by Onvia says government contractors expect an increase in sales in 2017 to 2018 compared to their performance in 2016. Onvia said Thursday its market research team created the 2017 Onvia Government Contractor Confidence Index using survey responses from 424 companies that sell to federal, state, local and education agencies. …
Read More »Frost & Sullivan: Defense Tech Modernization Programs Spur US Foreign Military Sales
A Frost & Sullivan report predicts the Defense Department‘s foreign military sales program will experience a compound annual growth rate of 3.4 percent through 2021 as international government customers move to increase defense spending, update military equipment and respond to regional tensions. The research firm said Monday it found that ground-based air defense, fighter aircraft and tactical vehicle systems …
Read More »Deltek: Federal Health IT Market Worth $6.4B by 2021 Amid Continued Agency Investments
A Deltek market report predicts the federal health information technology market to reach $6.4 billion in spending by 2021 at a compound annual growth rate of 1.4 percent due to investments aimed to analyze, digitize, secure and share health information. Deltek said Wednesday federal agencies such as the Defense Health …
Read More »Report Forecasts Global Military Armored Vehicle Market CAGR of 3.7% Through 2026
A new report from Strategic Defence Intelligence has predicted that the worldwide market for military armored vehicles and related maintenance, repair and overhaul services will experience a 3.7 percent compound annual growth rate from 2016 to 2026. The “Global Military Armored Vehicles and MRO Market 2016-2026” report also forecasts the Asia Pacific region will lead the sector with …
Read More »Reportlinker: North America to Help Drive Undersea Warfare System Demand Through 2026
Reportlinker has released a report that predicts a 5.36 percent compound annual growth rate for the global undersea warfare systems market from 2016 to 2026. The “Global Undersea Warfare Systems Market 2016–2026” report predicts North America will dominate the market over the forecast period with a potential 33.5 percent share, Reportlinker said Wednesday. …
Read More »Report Predicts US Govt, Military Satellite Market CAGR of 3.6% Through 2022
A Frost & Sullivan report, released by Research and Markets, forecasts the U.S. government and military satellite market will reach an average of $53.78 million in value at a compound annual growth rate of 3.6 percent over the next five years. Research and Markets said Friday the U.S. government accounted for approximately $1.34 billion of the …
Read More »Research and Markets: Global Military Ammunition Market to Hit 1.52% CAGR in 2016-2026
A new Research and Markets report projects the global military ammunition market to hit a compound annual growth rate of 1.52 percent from 2016 through 2026, buoyed by sustained procurement in defense spending countries. Research and Markets said Thursday that countries involved in conflicts and emerging economies involved in territorial …
Read More »Research and Markets Sets Global Airborne ISR Market CAGR at 3.88% in 2017-2020
A new Research and Markets report predicts the global airborne intelligence, surveillance and reconnaissance market will hit a compound annual growth rate of 3.88 percent from 2017 through 2021. Research and Markets reported that many countries have started to augment their maritime security systems amid escalating possibilities of terrorist attacks through …
Read More »Homeland Security Research: Public Safety Market to Hit 5.7% CAGR in 2016-2020
A new Homeland Security Research Corp. report predicts the homeland security and public safety market will reach a compound annual growth rate of 5.7 percent from 2016 through 2020. The report examines the global homeland security and public safety market and forecasts new and mature technologies such as big data …
Read More »Persistence Market Research: Next-Gen Data Storage Tech Market to Expand by 2021
Persistence Market Research sees an expansive growth in the next generation data storage technology market by 2021 to cater to the amount of data collected from various technologies such as mobile phones, smart homes and wearable electronics. PMR said Tuesday Avago Technologies, Dell, Drobo, EMC, Hewlett-Packard Development Company, Hitachi Data …
Read More »Report: UAS Satcom, Imaging Markets to Hit $19.9B & $3.7B by 2025
A new Northern Sky Research report predicts the unmanned aircraft system satellite communications and imaging markets will respectively reach $19.9 billion and $3.7 billion in cumulative revenues over a 10-year period ending 2025. NSR said Monday the defense and intelligence community’s intelligence, surveillance and reconnaissance requirements for operations in hostile areas spur …
Read More »Visiongain: Global Military Radar Systems Market to Reach $9.7B in 2016 Revenues
A new Visiongain report analyzes the global military radar systems market and predicts it will hit $9.7 billion in revenues in 2016. The report highlights the key drivers and challenges facing the market and contains market forecast and analysis for the Asia-Pacific, South America, Europe, Middle East and Africa, Central …
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