Tag Archives: market report

A Technavio report forecasts a compound annual growth rate of 29 percent for the directed-energy weapons market by 2020 due to the continuous demand for DEW systems and equipment in law enforcement. The report published April 2016 by Research and Markets states that demand for non-lethal weapons is a primary driver in the market, with the U.S., …

Technavio has predicted a compound annual growth rate of three percent for the global radar system and technology sector by 2020 in its latest report on the market. Factors including the recent shift toward next-generation military radar systems and the implementation of radar-absorbing materials are possible prospects to drive market …

A Custom Market Insights report predicts the military unmanned aerial vehicle market will reach $11 billion in value by 2021 from $3 billion in 2014. “Quantities of fielded military and commercial systems of every size and description are set to increase,” Custom Market Insights said Feb. 3. According to the report, …

MarketsandMarkets‘ new report on the global counter-drone systems market states that the anti-drone industry is projected to reach $1.14 billion by 2022 and achieve a 23.89 percent compound annual growth rate from 2017 to 2022. ReportLinker said Monday counter-drone systems, particularly electronics systems, will play an increasingly significant role in the coming years to fight illegal drone …

Research and Markets has predicted the global machine-to-machine market in homeland security to grow 57 percent from 2015 to 2019, buoyed by the remote monitoring and controlling feature of M2M connected devices. The report attributes the market growth to increased government focus on efforts to address terrorist attacks, cyber-attack and …

A new Research and Markets report has predicted the global small drones market to hit $10.04 billion in value by 2020 as demand for commercial application increases. Research and Markets said Wednesday defense and commercial sector operations and tasks that use small drones increase over the past 10 years following …

Research and Markets has released a report that forecasts the global generator market for military and defense sector to reach a compound annual growth rate of 4.5 percent from 2016 through 2020. The report projected a decline in the need for backup power generators in military installations caused by electric …

Visiongain predicts in a new report that the global military smart weapons market will hit $22.32 billion in 2016. The report examines the market’s competitive landscape and identifies potential business opportunities, Visiongain said Monday. Visiongain also analyzes potential developments in the following five submarkets within the military smart weapons sector over …

A new International Data Corp. survey has found that utilities companies in Western Europe will prioritize spending on cybersecurity efforts, such as cloud and mobile security and data loss prevention, over the next 12 months. IDC Energy Insights said Monday it predicts the Western European utilities sector’s spending on software platforms to …

MarketsandMarkets has released a new report that projects the Internet of Things security market to reach $28.90 billion by 2020, a compound annual growth rate of 33.2 percent from 2015. Reportlinker said Monday the growing security concerns for critical infrastructures and security regulations have driven the IoT security market in …

A new Technavio report predicts the global network security market will grow 7.84 percent year over year through 2019 on increases in use of mobile devices. The report compares products and features for market vendors and discusses what drives and inhibits the market, Technavio said Thursday. Technavio also described the market as …

IHS has released a new report that forecasts the network advanced threat protection market to hit $1.3 billion in 2019. ATP global sales reached $194 million in the third quarter of 2015, up 53 percent from the same period last year, IHS said Thursday. Jeff Wilson, senior research director for …

MarketsandMarkets has released a new report that predicts the aviation cybersecurity market will grow to $61.85 billion by 2020, buoyed by increasing cyber threats on aerospace and defense organizations. The report expects on-cloud deployment to rise in demand over the next five years as the rate of cyber attacks across …

Technavio has forecast the global professional service robotics market to climb at a compound annual growth rate of 22.65 percent from 2015 through 2019. Technavio commented that the application of professional service robots in helping humans to perform various operations creates a global demand for robotics. The report also finds that …

ABI Research has predicted in a new report that the global threat and vulnerability management market will reach $8.6 billion by 2020 from $5.3 billion in 2015. Monolina Sen, senior analyst in digital security at ABI Research, stated cloud computing and big data are projected to give rise to new vulnerabilities, …