Market Overview:
The global defense IT spending market is expected to grow from USD XX billion in 2018 to USD XX billion by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for advanced and innovative technologies across different applications such as IT infrastructure, network & cyber security, IT application, logistics & asset management, and others. Moreover, the increasing focus on cloud-based solutions and services is also contributing significantly to the growth of this market. However, lack of standardization across different regions may restrain the growth of this market during the forecast period.
Product Definition:
Defense IT spending is the money that is allocated by a government to purchase and maintain information technology for use by military and defense organizations. The importance of Defense IT Spending can be seen in its ability to provide secure communication, manage large amounts of data, and support critical operations.
Services:
The global services market is expected to witness significant growth over the forecast period. Services are generally used in business for various activities such as training, maintenance, repair and support among others. In defense sector, it's used for repairing of equipment or software which cannot be fixed by technical support staff and also for providing software maintenance among other uses.
Hardware:
Hardware is the tangible, physical entity used in a system or application. It includes computer systems and related accessories such as monitors, printers, storage devices etc. Hardware can be further sub-segmented into input/output devices (IO), processors (processor), memory & storage devices (memory) and communication interface Devices.
Application Insights:
The network & cyber security segment dominated the global defense IT spending market in 2017. The growth can be attributed to the increasing need for robust security measures to protect data and systems against online threats. Furthermore, a rising number of high-profile cyberattacks across the globe has raised awareness about cybersecurity among governments and armed forces. For instance, in June 2016, Defense Ministry of India launched an initiative to strengthen its cybersecurity capabilities by inviting private sector companies for developing innovative solutions related to information technology (IT).
The logistics & asset management segment is expected witness significant growth over the forecast period owing to growing demand from end users for efficient supply chain management practices that help them manage inventory effectively across different channels. In addition, strong performance by industry participants such as Sysco Corporation; Raytheon Company; and General Dynamics Corporation has validated their position as market leader over the past few years.
Regional Analysis:
North America dominated the global defense IT spending market in 2017. The U.S. is at the forefront of this region and accounted for a major share owing to increased military expenditure coupled with technological advancements in networking and information technology infrastructure, which has streamlined business operations and enhanced operational effectiveness among other things.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing investments by governments as well as private players for developing advanced defense systems that are reliable, maintainable, supportable, adaptable & future-proof etc.
Growth Factors:
- Increasing demand for advanced and innovative technologies in the defense sector
- Proliferation of regional conflicts and terrorism
- Growing investments by governments in defense sectors
- Rising need for better security infrastructure to counter cyber threats
- Increasing demand from emerging economies for sophisticated defense systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Defense IT Spending Market Research Report
By Type
Services, Hardware, Software, Defense IT Spendin
By Application
IT Infrastructure, Network & Cyber Security, IT Application, Logistics & Asset Management, Others
By Companies
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, Defense IT Spendin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Defense IT Spending Market Report Segments:
The global Defense IT Spending market is segmented on the basis of:
Types
Services, Hardware, Software, Defense IT Spendin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IT Infrastructure, Network & Cyber Security, IT Application, Logistics & Asset Management, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report 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
- Defense IT Spendin
Highlights of The Defense IT Spending Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Services
- Hardware
- Software
- Defense IT Spendin
- By Application:
- IT Infrastructure
- Network & Cyber Security
- IT Application
- Logistics & Asset Management
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Defense IT Spending Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Defense IT spending is the total amount of money that the Department of Defense (DoD) spends on information technology (IT) in a given year.
Some of the major companies in the defense it spending market 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, Defense IT Spendin.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Defense IT Spending Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Defense IT Spending Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Defense IT Spending Market - Supply Chain
4.5. Global Defense IT Spending Market Forecast
4.5.1. Defense IT Spending Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Defense IT Spending Market Size (000 Units) and Y-o-Y Growth
4.5.3. Defense IT Spending Market Absolute $ Opportunity
5. Global Defense IT Spending Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Defense IT Spending Market Size and Volume Forecast by Type
5.3.1. Services
5.3.2. Hardware
5.3.3. Software
5.3.4. Defense IT Spendin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Defense IT Spending Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Defense IT Spending Market Size and Volume Forecast by Application
6.3.1. IT Infrastructure
6.3.2. Network & Cyber Security
6.3.3. IT Application
6.3.4. Logistics & Asset Management
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Defense IT Spending Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Defense IT Spending Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Defense IT Spending Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Defense IT Spending Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Defense IT Spending Demand Share Forecast, 2019-2026
9. North America Defense IT Spending Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Defense IT Spending Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Defense IT Spending Market Size and Volume Forecast by Application
9.4.1. IT Infrastructure
9.4.2. Network & Cyber Security
9.4.3. IT Application
9.4.4. Logistics & Asset Management
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Defense IT Spending Market Size and Volume Forecast by Type
9.7.1. Services
9.7.2. Hardware
9.7.3. Software
9.7.4. Defense IT Spendin
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Defense IT Spending Demand Share Forecast, 2019-2026
10. Latin America Defense IT Spending Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Defense IT Spending Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Defense IT Spending Market Size and Volume Forecast by Application
10.4.1. IT Infrastructure
10.4.2. Network & Cyber Security
10.4.3. IT Application
10.4.4. Logistics & Asset Management
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Defense IT Spending Market Size and Volume Forecast by Type
10.7.1. Services
10.7.2. Hardware
10.7.3. Software
10.7.4. Defense IT Spendin
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Defense IT Spending Demand Share Forecast, 2019-2026
11. Europe Defense IT Spending Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Defense IT Spending Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Defense IT Spending Market Size and Volume Forecast by Application
11.4.1. IT Infrastructure
11.4.2. Network & Cyber Security
11.4.3. IT Application
11.4.4. Logistics & Asset Management
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Defense IT Spending Market Size and Volume Forecast by Type
11.7.1. Services
11.7.2. Hardware
11.7.3. Sofware
11.7.4. Defense IT Spendin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Defense IT Spending Demand Share, 2019-2026
12. Asia Pacific Defense IT Spending Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Defense IT Spending Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Defense IT Spending Market Size and Volume Forecast by Application
12.4.1. IT Infrastructure
12.4.2. Network & Cyber Security
12.4.3. IT Application
12.4.4. Logistics & Asset Management
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Defense IT Spending Market Size and Volume Forecast by Type
12.7.1. Services
12.7.2. Hardware
12.7.3. Software
12.7.4. Defense IT Spendin
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Defense IT Spending Demand Share, 2019-2026
13. Middle East & Africa Defense IT Spending Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Defense IT Spending Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Defense IT Spending Market Size and Volume Forecast by Application
13.4.1. IT Infrastructure
13.4.2. Network & Cyber Security
13.4.3. IT Application
13.4.4. Logistics & Asset Management
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Defense IT Spending Market Size and Volume Forecast by Type
13.7.1. Services
13.7.2. Hardware
13.7.3. Software
13.7.4. Defense IT Spendin
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Defense IT Spending Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Defense IT Spending Market: Market Share Analysis
14.2. Defense IT Spending Distributors and Customers
14.3. Defense IT Spending Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Leidos
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Accenture
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IBM
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. General Dynamics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BAE Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DXC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dell
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Northrop Grumman
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Unisys
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Atos
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Capgemini
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fujitsu
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Oracle
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SAP
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Microsoft
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Amazon
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. AT&T
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. CACI International Inc.
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Atkins
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Defense IT Spendin
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
