World Military IT, Data, and Computing Market to Reach USD 72.4 bln by 2024, States SDI in Its Report Published at MarketPublishers.com

New cutting-edge research report “The Global Military IT, Data and Computing Market 2014-2024” created by Strategic Defence Intelligence (SDI) has been recently published by Market Publishers Ltd. According to the study, the world market for military IT, data, and computing systems is expected to grow to USD 72.4 billion by 2024.

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London, UK (PRWEB) February 12, 2014

The world market for military IT, data, and computing systems is expected to grow from the current value of USD 54.2 billion to USD 72.4 billion by 2024-end, registering a CAGR of just under 2.95%. The networking category is expected to account for just over 34.5% of the overall military IT, data, and computing market, with cybersecurity solutions following after with a share of close to 26.5%. In recent years, there has been a growing focus on NCW (network-centric warfare), which uses digitised operational assets to make effective use of information provided during wartime. Various structural and technological efforts aim at creating an information-based army that is able to be alert to threats quicker, thereby efficiently carrying the fight to asymmetric enemies.

The United States’ expenditure on ERP systems’ development over the past decade was the greatest in the world. However, as the NAAFI expect to bring these systems into being, they are having a severe struggle with increased costs and time delays.

A vast range of countries today possess elementary cyber attack capabilities, and an uncertain number of extremist organisations have also worked out or obtained advanced cyber weapons. Some commercially available products are quite flexible to be categorised as dual purpose; nevertheless, some developers of cyber weapons are cloaking them under the heading of security testing techniques and tools. This budding category is poised for rapid development in the next decade.

New cutting-edge research report “The Global Military IT, Data and Computing Market 2014-2024” created by Strategic Defence Intelligence (SDI) has been recently published by Market Publishers Ltd.

Report Details:

Title: The Global Military IT, Data and Computing Market 2014-2024
Published: February, 2014
Pages: 194
Price: US$ 4,800.00
http://marketpublishers.com/report/industry/defence-security/global-military-it-data-n-computing-market-2014-2024.html

The newly published report offers unbiased and complete analysis of the military IT, data and computing systems marketplace on a global scale, with a focus on the identification of major market drivers and provisioning of historical and forecast figures for the next ten years. In tandem with the examination of the main challenges and development trends in the industry, the study presents deep analysis of leading markets, outstanding programmes, and the competitive scene, and a granular SWOT analysis of the sector as a whole.

Reasons to Buy:

  •     Presents detailed research and analysis on the worldwide military IT, data and computing systems market over the next 10 years.
  •     Facilitates profound understanding of market entry strategies and opportunities to gain/grow market share in the market space.
  •     Provides a refined understanding of the competition in the market, covering top local and overseas defense organisations, major alliances, and strategic incentives.
  •     Offers keen insight on market driving forces, upcoming developments which are most likely to shape the opportunity landscape for in the years to arrive.

More new market research reports by the publisher can be found at SDI page.