Paul Thomen

Friday, 7 February 2014

Global Military IT, Data and Computing Industry

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.

·         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.

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%.

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.

·         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.

No comments:

Post a Comment

Note: only a member of this blog may post a comment.