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Latest Federal & Government Contracting Companies' News Coverage
A Deltek report predicts a 5.2 percent compound annual growth in the federal information security products and services market from fiscal 2014 to fiscal 2019. John Slye, a Deltek advisory research analyst, wrote in a blog post published Thursday government spending on data protection tools is driven by the complex threat landscape and increased use […] More
A new report from Allied Market Research projects the global Internet security market to be worth $42.8 billion by 2020 due to what the firm sees as increasing use Internet-based applications, particularly for online financial transactions. The firm said Thursday the market value for Internet security will climb at a compound annual growth rate of 8.1 percent over the next six years as […] More
Gartner has predicted the number of connected devices to reach 25 billion by 2020, a nearly five-fold increase from the 4.9 billion projected for 2015. Gartner said Tuesday the automotive sector will see a 96-percent growth of connected things in 2015 and that consumer applications will drive the expansion of Internet of Things. The forecasts also says the utilities […] More
MicroMarket Monitor projects at North America’s predictive analytics market will hit a 24.5 percent compound annual growth rate until 2019, HealthITAnalytics said Thursday. Jennifer Bresnick writes the report also pegs the growth of predictive technology global market at 32.3 percent during the same forecast period. The report shows that North American organizations account for 38.8 percent of the global market. MicroMarket Monitor cited SAP, IBM and […] More
A new forecast from International Data Corp. predicts public information technology cloud services spending will grow to more than $127 billion in 2018 from the $56.6 billion projected for 2014. That IT cloud spending growth represents more than 50 percent of software, server and storage spending worldwide in 2018, IDC said Monday. “Over the next four to five years, IDC expects the […] More
MarketsandMarkets predicts the marine composites market will rise in value to $4.97 billion over the next five years due to increases in demand for high-speed boats, fuel-efficient vehicles and design flexibility. The firm said Tuesday that the costs of carbon fiber, styrene regulations and potential issues with the reparability and recyclability of composites could hinder further growth in the market. The report also […] More
Research and Markets has released a new report that predicts the global missile defense systems market could grow to $38.5 billion in value through 2024, up 4.93 percent from 2014. The report analyzes market size over the next decade, global industry values, market demand and industry challenges, Research and Markets said Wednesday. Research and Markets projects the market for missile defense systems during the […] More
Defence IQ has released a new report that forecasts the global airborne intelligence, surveillance and reconnaissance market to reach $43 billion by 2020. The report indicates that the airborne ISR market sees strong acquisition worldwide and pegs its current value at nearly $20 billion, Defence IQ said Monday. The market’s growth is also attributed to an increase in civil ISR spending, […] More
Research and Markets forecasts that the military laser systems market for the aerospace, defense and homeland security industries will reach a market value of $2.73 billion within the next six years. This 4.23 percent compound annual growth rate is due to increased research and development activity and a move toward self-sufficiency of some Asia-Pacific and European countries, the firm […] More
A new MarketsandMarkets report rorecasts the maritime security market to reach $20.87 billion in value in 2019 at a compound annual growth rate of 8.4 percent over the next five years. The firm said Thursday that the awareness of maritime threats, regulations, standards and international trade practices, as well as the globalization of maritime security operations will drive the market. The report also listed Kongsberg, Northrop […] More
A new report from Research and Markets has highlighted what the firm identifies as the drivers, restraints, trends and potential revenue opportunities in the global market for military unmanned aerial vehicles The market research firm said Thursday that the market’s growth will slow down through 2022 and that the U.S. will hold the largest market share, followed by Asia-Pacific and Europe. Research and Markets’ “Global […] More
International Data Corp. projects a 26.4 percent compound annual growth rate for the big data technology and services market to $41.5 billion in value by 2018 and sees a slower pace of growth for certain individual segments. The company said Sept. 15 that its “Worldwide Big Data Technology and Services 2014-2018 Forecast” report forecasts big data to continue to lead growth in the […] More
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