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Defense IT Spending Market 2019–2024 : Global Growth Drivers, Opportunities, Trends, and Forecasts

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Defense IT Spending Market 2019–2024 : Global Growth Drivers, Opportunities, Trends, and Forecasts

Press Release

The IT and professional services markets are highly competitive and are not dominated by a single company or a small number of companies. A substantial number of companies offer services that overlap and are competitive with most players offer. In addition, the increased importance of offshore labor centers has brought several foreign-based firms into competition. The share of the top three enterprises is about 10%. The key players are Leidos, Accenture, IBM, General Dynamics, BAE Systems, DXC, Dell, Northrop Grumman, Unisys, Atos, Capgemini, Fujitsu, Oracle, SAP, Microsoft, Amazon, AT&T, CACI International Inc, Atkins and so on.

 

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The global economic malaise over the past several years, lack of confidence for sustained growth and ballooning government deficits are driving reductions in government budgets and, therefore, defense budgets, for the foreseeable future. Even countries with strong economies that are expected to weather the economic turbulence have set budgets that are at best flat, while most countries are planning reductions in defense expenditures over the next five years. At the same time, there has been no reduction in demand for militaries to perform operational missions in response to periodic flaring of regional tensions, as world events continue to validate. The competing tensions of national security concerns and pressure to address structural fiscal issues are causing the militaries in many countries to search for efficiencies and cost-reduction approaches. These efforts are essential to sustain the operational forces, equipment and personnel defense organizations have worked assiduously to develop, with the additional goal of investing in modernization efforts and future capabilities.
The global Defense IT Spending market is valued at 76700 million USD in 2018 and is expected to reach 88500 million USD by the end of 2024, growing at a CAGR of 2.9% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Defense IT Spending.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

This report studies the Defense IT Spending market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Defense IT Spending market by product type and applications/end industries.

Market Segment by Companies, this report covers
Leidos
Accenture
IBM
General Dynamics
BAE Systems
DXC
Dell
Northrop Grumman
Unisys
Atos
Capgemini
Fujitsu
Oracle
SAP
Microsoft
Amazon
AT&T
CACI International Inc.
Atkins

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Services
Hardware
Software

Market Segment by Applications, can be divided into
IT Infrastructure
Network & Cyber Security
IT Application
Logistics & Asset Management
Others

 

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Table Of Contents – Major Key Points

1 Defense IT Spending Market Overview
1.1 Product Overview and Scope of Defense IT Spending
1.2 Classification of Defense IT Spending by Types
1.2.1 Global Defense IT Spending Revenue Comparison by Types (2019-2024)
1.2.2 Global Defense IT Spending Revenue Market Share by Types in 2018
1.2.3 Services
1.2.4 Hardware
1.2.5 Software
1.3 Global Defense IT Spending Market by Application
1.3.1 Global Defense IT Spending Market Size and Market Share Comparison by Applications (2014-2024)
1.3.2 IT Infrastructure
1.3.3 Network & Cyber Security
1.3.4 IT Application
1.3.5 Logistics & Asset Management
1.3.6 Others
1.4 Global Defense IT Spending Market by Regions
1.4.1 Global Defense IT Spending Market Size (Million USD) Comparison by Regions (2014-2024)
1.4.1 North America (USA, Canada and Mexico) Defense IT Spending Status and Prospect (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Defense IT Spending Status and Prospect (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Defense IT Spending Status and Prospect (2014-2024)
1.4.4 South America (Brazil, Argentina, Colombia) Defense IT Spending Status and Prospect (2014-2024)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Defense IT Spending Status and Prospect (2014-2024)
1.5 Global Market Size of Defense IT Spending (2014-2024)

2 Manufacturers Profiles
2.1 Leidos
2.1.1 Business Overview
2.1.2 Defense IT Spending Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Leidos Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.2 Accenture
2.2.1 Business Overview
2.2.2 Defense IT Spending Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Accenture Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.3 IBM
2.3.1 Business Overview
2.3.2 Defense IT Spending Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 IBM Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.4 General Dynamics
2.4.1 Business Overview
2.4.2 Defense IT Spending Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 General Dynamics Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.5 BAE Systems
2.5.1 Business Overview
2.5.2 Defense IT Spending Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 BAE Systems Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.6 DXC
2.6.1 Business Overview
2.6.2 Defense IT Spending Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 DXC Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.7 Dell
2.7.1 Business Overview
2.7.2 Defense IT Spending Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Dell Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)

Continued……

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