This report is the result of SDI’s extensive market
and company research covering the global Military IT, Data and Computing
industry. In particular, it provides an in-depth analysis of:
·
Global Military IT, Data, and Computing market size and drivers: 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.
·
Recent development and industry challenges: 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.
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.
·
SWOT analysis of the government biometric systems market:
a study of the Global Military IT, Data and Computing systems industry’s
characteristics, using SWOT analysis to determine its strengths, weakness,
opportunities, and threats.
·
Global Military IT, Data, and Computing systems country analysis:
analysis of the key market in each region, providing an analysis of the top
three government biometric systems segments expected to be in demand in each
region.
·
Major programs: details of the top three programs in
each segment expected to be in demand in each region.
·
Competitive landscape and strategic insights:
analysis of competitive landscape of the Global Military IT, Data and Computing
systems industry. It provides an overview of key defense companies, together
with insights such as key alliances, strategic initiatives, and a brief
financial analysis.
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.
This will facilitate:
·
Clear identification of the market opportunities and
entry strategies to gain or grow market share in the global military IT, data
and computing systems market.
·
A proper understanding of the competitive landscape
of the global military IT, data and computing systems market, including key
domestic and foreign defense companies, key alliances and strategic
initiatives.
·
A clear understanding of market drivers and
actionable insight on forthcoming developments that will shape the landscape of
opportunity for the foreseeable future.
The Global Military IT,
data, and computing market is estimated to value US$54.2 billion in 2014 and
increase at a CAGR of 2.94% during the forecast period, to reach its peak of
US$72.4 billion by 2024, according to this new report – The Global Military IT,
Data and Computing Market 2014–2024.
The market consists of
four categories: networking, software, cyber security, and hardware. The
networking segment is expected to account for 34.6% of the global military IT,
data, and computing market, followed by the cybersecurity segment with a share
of 26.3%.
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KEY MARKET DRIVERS
To capitalize on the
opportunities presented by market growth, organizations with a vested interest
in the global military IT, Data and Computing market must remain sensitive to
the key drivers of the market, thereby facilitating informed business decisions
that maximize profits with minimized risk.
Key Insights Include:
·
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.
·
The emergence of affordable, smart mobile devices,
along with advances in wireless communications such as 4G, WiFi, and Bluetooth,
have worked to increase the vulnerability of national networks, with a large
number of business enterprises widely adopting mobile devices. Even critical
infrastructure entities, including tactical military units and electronic
grids, are employing commercial wireless technology into their operations. This
area poses a tough challenge for cyber security providers, as the increasing
capability of mobile phones is also expected to increase the complexity of
attacks faced by these devices.
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·
Attacks from malware makes it important for
defenders to identify the source of the malware so that similar patterns can be
tracked and observed for flaws, and a proper response to the attack can be
delivered without causing undue inconvenience to the entire cyberspace
community. This challenge stems from the fact that the cyber security
institutional eco-system, which consists of a broad set of international,
national, and private organizations, has unclear and overlapping boundaries, as
well as differing capacities, due to which a comprehensive database on such
malware has not been developed.
·
A large number of countries now possess at least
basic cyber-attack capabilities and an unknown number of extremist groups have
also developed or acquired advanced cyber weapons. Some commercially available
products are flexible enough to be classified as dual purpose, such as security
testing tools and weapons of attack; however, some organizations are developing
cyber weapons and cloaking them under the heading of security testing tools.
These cyber weapons are in their infancy and are expected to rapidly evolve
over the next decade.
