Tag Archives: Market Research

A fresh Research and Markets report forecasts that demand for cloud-based security services will propel the global aviation cybersecurity market to a compound annual growth rate of 5.94 percent from 2014 through 2019. Research and Markets said Friday end-users are turning to cloud-based security services due to ease of management. “Cyber …

A new ASDReports study projects the commercial unmanned aerial vehicle market to reach $1.27 billion by 2020 from $15.22 million in 2014, up 109.31 percent year over year during the forecast period. The report indicates that an increase in demand for law enforcement applications contributes a major portion to the …

A TechNavio research has forecast a global disaster recovery-as-a-service market that would grow 52.05 percent annually from 2014 through 2019 as adoption of hybrid cloud DRaaS increases. The report, made available by Report Buyer on Jan. 22, attributes the projected market growth to the demand for systems that could protect applications through cloud-based disaster recovery. It …

New analysis from TechNavio released Jan. 14 has set a 38.3 percent year-over-year growth for the global mobile security market from 2013 to 2018, citing increased demand amid the growing popularity of bring your own devices. The study predicts that a high adoption in smartphones will drive the market and expects obsolescence of security services to pose restraints on the market. According to the …

A new Research and Markets report states that the global market for C4ISR systems is worth $121.5 billion as of 2014 and will see nominal growth through the forecast period ending in 2024. The use of unmanned systems and active electronically scanned array technology, border and coastal surveillance operations in Latin America and the …

A new report from ASDReports expects advancements in sensor technologies to influence the military electro-optic/infrared systems market in the coming years. The market analyst said EO/IR systems will register a year-over-year growth of 7.71 percent to become a $16.35 billion industry by 2020, driven by increased use in surveillance operations and as part of …

TechNavio forecasts a 9.86 percent compound annual growth rate for the global homeland security market from 2014 through 2019 as public sector demand for identification and security checking systems is poised to increase. TechNavio’s new report calculated the market size for the forecast period by considering revenues generated from six …

ASDReports projects communication equipment to dominate the air traffic control equipment market between 2014 and 2020 and expects China to hold the biggest market share throughout the forecasted period. The report predicts the construction of new airports, airport upgrades, increase in passenger and freight traffic, escalating aircraft movements, technological advancements and safety …

A new Research and Markets report forecasts the U.S. military expenditure to reach $597 billion by 2020 from $560 billion in 2015, driven by the government’s efforts to retain military dominance through weapons modernization. The market analysis sets a 0.51 percent compound annual growth rate for U.S. military spending over the forecast period, …

A new Strategic Defense Intelligence report projects the global unmanned aerial vehicle market’s compound annual growth rate at 5.66 percent from 2015 through 2025, with autonomous combat vehicles to dominate the market. The report predicts North America and Europe to account for more than 67 percent of the UAV market over …

A new Research and Markets report predicts the global military rotorcraft market to hit $27.3 billion by 2025 from $21.1 billion in 2015, with Asia-Pacific countries to dominate the spending landscape. Investments from the Asia Pacific will account for 33 percent of rotorcraft spending worldwide during the forecast period, followed by North America with …

A new Research and Markets report forecasts that the market for military electro-optical and infrared systems will climb in value at a 7.71 percent compound annual growth rate to reach $16.35 billion revenues by 2020. The company said Thursday that strategies to establish uncontested market space and increased military spending will drive fast-paced growth for the …

A new Research and Markets report has forecast a sonar systems and technology market worth $4.90 billion by 2020 from $3.41 billion in 2014. The report tackles various factors that influence market dynamics and examines the technology’s landscape in more than 12 countries, Research and Markets said Tuesday. The market analyst noted that tier-one market players, including Ultra Electronics, …

A new ABI Research report predicts that the biometrics market will reach a value of $13.8 million this year as the commercial sector is poised to catch up with government agencies in utilizing biometrics technology. The company said Monday that the consumer and enterprise segments will have the dominant share of the market by late …

A MarketsandMarkets report projects the industrial security systems market to hit $38 billion by 2020 from $25 billion in 2014. The report indicates that the market will achieve an 8.69 percent compound annual growth rate over the six-year forecast period, ASDReports said Wednesday. The analysis covers the industrial security systems …