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.
Title: The Global Military IT, Data and Computing Market 2014-2024
Published: February, 2014
Price: US$ 4,800.00
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:
More new market research reports by the publisher can be found at SDI page.