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The defense IT spending market is forecasted to grow by USD 23.53 billion during 2023-2028, accelerating at a CAGR of 4.49% during the forecast period. The report on the defense IT spending market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the development of autonomous systems, increasing military budgets, and the need for secure and resilient communication networks.
The defense IT spending market is segmented as below:
By Type
- Service
- Software
- Hardware
By Application
- Cyber security
- IT infrastructure
- Logistic and asset management
- Others
By Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the defense IT spending market covers the following areas:
- Defense IT spending market sizing
- Defense IT spending market forecast
- Defense IT spending market industry analysis
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global defense IT spending market: Accenture Plc, Amazon.com Inc., BAE Systems Plc, CRON AI, Cubic Corp., CyAmast Pty Ltd., Dell Technologies Inc., General Dynamics Corp., Hewlett Packard Enterprise Co., Holo Light GmbH, International Business Machines Corp., Kratos Defense and Security Solutions Inc., Leidos Holdings Inc., ManTech International Corp., Microsoft Corp., Northrop Grumman Corp., Oracle Corp., Pennant International Group PLC, Science Applications International Corp. Inc., and Palantir Technologies Inc..Commenting on the report, an analyst from the publisher said: 'The latest trend gaining momentum in the market is the adoption of artificial intelligence (AI) and machine learning (ML).'
According to the report, one of the major drivers for this market is the development of autonomous systems.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- Amazon.com Inc.
- BAE Systems Plc
- CRON AI
- Cubic Corp.
- CyAmast Pty Ltd.
- Dell Technologies Inc.
- General Dynamics Corp.
- Hewlett Packard Enterprise Co.
- Holo Light GmbH
- International Business Machines Corp.
- Kratos Defense and Security Solutions Inc.
- Leidos Holdings Inc.
- ManTech International Corp.
- Microsoft Corp.
- Northrop Grumman Corp.
- Oracle Corp.
- Pennant International Group PLC
- Science Applications International Corp. Inc.
- Palantir Technologies Inc.
