Tag Archives: Market Research

Report: Big Data, Cloud Computing to Help Drive Artificial Intelligence Market Growth

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 …

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Research and Markets: Military Aircraft Modernization Efforts to Help Drive Targeting Pod Market Growth

A Research and Markets report forecasts the worldwide market for targeting pods will experience a 6.61 percent compound annual growth rate in the next five years as military agencies increase aircraft procurement and modernization efforts. The targeting pods market’s value is projected to increase from $3.3 billion in 2017 to $4.5 billion by 2022, …

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Transparency Market Research: Immigration-Related Threats to Drive Military Biometrics Sector

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 …

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Air Force Issues RFI on Directed Energy Tech for Future Counter-UAS Demo

The U.S. Air Force seeks information on the availability of directed energy weapons technology that can support an upcoming counter-unmanned aircraft system demonstration. The service branch said Tuesday its Strategic Development Planning and Experimentation Office will use data collected from the request for information as part of market research analyses …

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Technavio: Military Submarine Mast & Antenna Market to Grow at Nearly 6% CAGR Through 2021

A Technavio report forecasts the compound annual growth rate for the global military submarine photonics mast and antenna market will reach nearly 6 percent by 2021 due to a demand for multifunctional antennas and submarine modernization efforts in the defense sector. The research company said Thursday the cost of modular optronics mast, use of …

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Technavio Forecasts 15% Annual Growth for Low-Light-Level Imaging Sensor Market

A Technavio report predicts that the global market for low-light-level imaging sensors will experience a 15-percent compound annual growth rate from 2017 through 2021. Technavio reported Thursday it found that night-vision devices accounted for nearly 55 percent of the total market revenue last year, driven by defense organizations’ increased adoption of low-light-level imaging sensors. …

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