The Global Military IT, Data and Computing Market 2014-2024

LONDON - Feb. 6, 2014 - PRLog -- Reportstack has announced a new report on The Global Military IT, Data and Computing Market 2014-2024 (http://www.reportstack.com/product/150095/the-global-military-it-data-and-computing-market-2014-2024.html). This report 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. ecent 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. 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.

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.

Recent years have witnessed a significant growth in the demand for COTS-embedded computers. This demand for equipment, which includes hardware, software, and support services, is being driven by the pursuit of increasing intelligence and processing power across a range of communications, electronic warfare, radar, and related, defense platforms. As modern warfare has evolved, the equipment used in it has evolved as well. Rugged embedded computers are now included on aircraft, vehicles, radios, sensors, unmanned aerial vehicles (UAVs), and other electronic devices. Most military systems manufacturers are now shifting their focus to COTS products, in terms of rugged embedded computer acquisitions. The prime reason for this is the lower costs as compared to systems designed especially for one task. Therefore, despite the fact that the US DoD budget is expected to decline over the forecast period, the growing importance of systems upgrades and advanced technology on existing military platforms is expected to drive the demand for rugged embedded computers. The companies mentioned in this report are 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. You can visit The Global Military IT, Data and Computing Market 2014-2024 (http://www.reportstack.com/product/150095/the-global-mili...)for more details and table of contents of the report.