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Market Report, "the Global Military IT, Data and Computing Market 2014-2024", Published

Recently published research from Strategic Defence Intelligence, "The Global Military IT, Data and Computing Market 2014-2024", is now available at Fast Market Research

 

Boston, MA -- (ReleaseWire) -- 02/27/2014 -- This report is the result of SDI's extensive market and company research covering the global Military IT, Data and Computing industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.

Why was the report written?

"The Global Military IT, Data, and Computing Market 2014-2024" offers the reader detailed analysis of the global Military IT, Data and Computing market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.

What are the key drivers behind recent market changes?

Recent years have witnessed the spiraling importance of network-centric warfare (NCW), which utilizes digitized operational assets to leverage information supplied in times of war. Various technological and structural efforts aim to create an information-based army that is capable of responding to threats more quickly, thereby effectively fighting asymmetric enemies.

View Full Report Details and Table of Contents

What makes this report unique and essential to read?

"The Global Military IT, Data and Computing Market 2014-2024" provides detailed analysis of the current industry size and growth expectations from 2014 to 2024, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits

The report provides detailed analysis of the market for Military IT, Data and Computing during 2014-2024, including the factors that influence why countries are investing or cutting expenditure on biometric systems. It provides detailed expectations of growth rates and projected total expenditure.

Public and private partnerships are crucial to effectively combat cyber-attacks. The costs of developing effective cyber defenses are increasing rapidly due to advancements in technologies, and defense ministries around the world have realized that developing these solutions by themselves would result in expensive procurement costs. When a joint development project is undertaken however, the RandD costs are shared by all countries in the consortium, with almost all member countries procuring a system, resulting in lower unit costs.

Key Market Issues

The US, the highest spender on Military IT, Data and Computing systems has spent a vast amount of money on the development of enterprise resource planning (ERP) systems over the last decade. However, as the Army, Navy, and Air Force look to implement these systems, they are struggling with time delays and cost overruns.

Companies Mentioned in this Report: ITT Exelis, Raytheon, Booz Allen Hamilton, Presagis, Elbit Systems, Lockheed Martin, Thales, Northrop Grumman, BAE Systems, SAP AG, DRS Tactical Systems, SAIC, Microsoft, Dynamic Research Corporation, General Dynamics, Hewlett-Packard Company

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