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Defense IT Spending Market 2019-2025 Research Report by Leidos, Accenture, IBM, General Dynamics, DXC, Dell, Northrop Grumman, Unisys, Atos, Capgemini, Fujitsu, Oracle, SAP, Microsoft, Amazon, AT&T, CACI International Inc., Atkins | Expected to Reach 9320

01-31-2019 01:07 PM CET | IT, New Media & Software

Press release from: Orbis Research

Global Defense IT Spending Market Size, Status and Forecast 2019-2025

Global Defense IT Spending Market Size, Status and Forecast 2019-2025

A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes.

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.

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.

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In 2018, the global Defense IT Spending market size was 76700 million US$ and it is expected to reach 93200 million US$ by the end of 2025, with a CAGR of 2.8% during 2019-2025.

This report focuses on the global Defense IT Spending status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Defense IT Spending development in United States, Europe and China.

The key players covered in this study:
• 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 Type, the product can be split into:
• Services
• Hardware
• Software

Market segment by Application, split into:
• IT Infrastructure
• Network & Cyber Security
• IT Application
• Logistics & Asset Management
• Others

The study objectives of this report are:
To analyze global Defense IT Spending status, future forecast, growth opportunity, key market and key players.
To present the Defense IT Spending development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

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Key Points from TOC:
Chapter One: Report Overview
Chapter Two: Global Growth Trends
2.1 Defense IT Spending Market Size
2.2 Defense IT Spending Growth Trends by Regions
2.2.1 Defense IT Spending Market Size by Regions (2014-2025)
2.2.2 Defense IT Spending Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

Chapter Three: Market Share by Key Players
Chapter Four: Breakdown Data by Type and Application
Chapter Five: United States
Chapter Six: Europe
Chapter Seven: China
Chapter Eight: Japan
Chapter Nine: Southeast Asia
Chapter Ten: India
Chapter Eleven: Central & South America

Chapter Twelve: International Players Profiles
12.1 Leidos
12.1.1 Leidos Company Details
12.1.2 Company Description and Business Overview
12.1.3 Defense IT Spending Introduction
12.1.4 Leidos Revenue in Defense IT Spending Business (2014-2019)
12.1.5 Leidos Recent Development

12.2 Accenture
12.2.1 Accenture Company Details
12.2.2 Company Description and Business Overview
12.2.3 Defense IT Spending Introduction
12.2.4 Accenture Revenue in Defense IT Spending Business (2014-2019)
12.2.5 Accenture Recent Development

12.3 IBM
12.3.1 IBM Company Details
12.3.2 Company Description and Business Overview
12.3.3 Defense IT Spending Introduction
12.3.4 IBM Revenue in Defense IT Spending Business (2014-2019)
12.3.5 IBM Recent Development
Continued…

Chapter Thirteen: Market Forecast 2019-2025
Chapter Fourteen: Analyst's Viewpoints/Conclusions
Chapter Fifteen: Appendix

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About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

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