Global Defense IT Spending Market 2016-2020

  • ID: 3802198
  • Report
  • Region: Global
  • 74 pages
  • TechNavio
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FEATURED COMPANIES

  • Accenture
  • BAE Systems
  • Capgemini
  • Dell
  • HP
  • Intel
  • MORE
About Defense IT Spending

Growing international terrorism and rising number of extremist groups are threatening many countries. Therefore, many countries are implementing advanced ICT solutions to strengthen their defense capabilities. The defense sector is also facing many challenges related to cyber security to counter online cyber-attacks from hackers. To manage a large amount of data and to protect the military data, advance IT solutions are required. The IT department of defense services requires efficient IT support services to minimize the technical glitches in the military operations. IT solutions are helping the defense sector to address these challenges by providing innovative IT solutions. Vendors are offering specific IT technology for defense sectors such as cloud computing, Big Data analytics, cyber security software, and software-defined radio for military intelligence.

The analysts forecast the global defense IT spending market to grow at a CAGR of 3.11% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global defense IT spending market for 2016-2020. To calculate the market size, the analyst considers the revenue generated from IT investment or sale of IT products and services in the defense sectors across geographies - the Americas, EMEA, and APAC.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Defense IT Spending Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Accenture
- CSC
- Dell
- HP
- IBM

Other prominent vendors
- Atkins
- BAE Systems
- CACI International Inc.
- Capgemini
- Fujitsu
- Intel
- Lockheed Martin
- Microsoft
- Oracle
- SAP
- Telstra
- Unisys

Market drivers
- Increased adoption of advanced cyber security systems
- For a full, detailed list, view the full report

Market challenges
- Rising concerns about IT security
- For a full, detailed list, view the full report

Market trends
- Upsurge of cloud computing solutions
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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FEATURED COMPANIES

  • Accenture
  • BAE Systems
  • Capgemini
  • Dell
  • HP
  • Intel
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • Global defense budget
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by technology
  • Global defense IT spending by technology 2015
PART 07: Geographical segmentation
  • Global defense IT spending market by geography
PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 14: Key vendor analysis
  • Accenture
  • CSC
  • Dell
  • HP
  • IBM
PART 15: Appendix
  • List of abbreviations
PART 16: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global defense budget 2014
Exhibit 03: Global defense expenditure share 2014
Exhibit 04: Global defense IT spending market
Exhibit 05: Global defense IT spending market 2015-2020 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global defense IT spending by technology 2015
Exhibit 08: Global defense IT spending market by geography 2015
Exhibit 09: Impact of drivers
Exhibit 10: Impact of drivers and challenges
Exhibit 11: Accenture: Business segmentation by revenue 2014
Exhibit 12: Accenture: Geographical segmentation by revenue 2014
Exhibit 13: CSC: Business segmentation by revenue 2015
Exhibit 14: CSC: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 15: HP: Business segmentation by revenue 2014
Exhibit 16: HP: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 17: HP: Geographical segmentation by revenue 2014
Exhibit 18: IBM: Business segmentation by revenue 2014
Exhibit 19: Global Technology Services (GTS) segment by revenue 2013 and 2014 ($ billions)
Exhibit 20: Global Business Services segment by revenue 2013 and 2014 ($ billions)
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FEATURED COMPANIES

  • Accenture
  • BAE Systems
  • Capgemini
  • Dell
  • HP
  • Intel
  • MORE
New Report Released: – Global Defense IT Spending 2016-2020

The author of the report recognizes the following companies as the key players in the global defense IT spending: Accenture, CSC, Dell, HP, and IBM.

Other Prominent Vendors in the market are: Atkins, BAE Systems, CACI International, Capgemini, Fujitsu, Intel, Lockheed Martin, Microsoft, Oracle, SAP, Telstra, and Unisys.

Commenting on the report, an analyst from the research team said: “One of the key trends for market growth will be use of Big Data and analytics in defense operations. Defense operations generate enormous amount of data that requires analytics tools such as predictive analytics to convert the unstructured military data to meaningful insights for key decision-making process. The data is gathered from various sources such as military records, drones, defense intelligence systems and other sources are clustered together to find the correlations and patterns that can help to plot defense strategies.”

According to the report, high adoption of commercial-off-the-shelf products will be a key driver for market growth. The defense sector is investing in commercial-off-the-shelf (COTS) products such as wearable computing, IoT, 3-D printing, and mobile solutions to increase the defense capability through cutting-edge technology. The defense sector is embracing emerging technologies such as cloud computing, Big Data analytics, mobile technology, and wireless solutions. Investment in innovative IT solution is increasing in the defense services. The government is allocating their budget to implement next generation solution to improve efficiency and reduce military expenditures.

Further, the report states that one of the challenges for the market will be shrinking defense budget. Budget allocation for defense sector in some countries is reducing due to economic and political factors. Recently, the US, the UK, and Russia have reduced their defense budget to divert the savings into other sectors such as healthcare and education sector. The US military spending fell by 6.5% in 2015 as the government took measures to reduce their deficit in the ongoing budget. The US military budget has reduced by 20% since 2010. However, the US remains the leading country in terms of defense expenditure. In 2015, the UK government cut their defense budget by 1.5% and the Russian government reduced it by 5.3%. The combined defense spending by 28 NATO member countries fell by 1.5% in 2015. The shrinking budget will significantly have an impact on the IT spending. Governments might reduce expenditure on advanced defense security systems too.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Accenture
- CSC
- Dell
- HP
- IBM
- Atkins
- BAE Systems
- CACI International
- Capgemini
- Fujitsu
- Intel
- Lockheed Martin
- Microsoft
- Oracle
- SAP
- Telstra
- Unisys
Note: Product cover images may vary from those shown
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