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.
Scope of the Report:
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.
The global Defense IT Spending market is valued at 76700 million USD in 2018 and is expected to reach 88500 million USD by the end of 2024, growing at a CAGR of 2.9% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Defense IT Spending.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Defense IT Spending market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Defense IT Spending market by product type and applications/end industries.
Market Segment by Companies, this report covers
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 Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Services
Hardware
Software
Market Segment by Applications, can be divided into
IT Infrastructure
Network & Cyber Security
IT Application
Logistics & Asset Management
Others
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Defense IT Spending Market Overview
1.1 Product Overview and Scope of Defense IT Spending
1.2 Classification of Defense IT Spending by Types
1.2.1 Global Defense IT Spending Revenue Comparison by Types (2019-2024)
1.2.2 Global Defense IT Spending Revenue Market Share by Types in 2018
1.2.3 Services
1.2.4 Hardware
1.2.5 Software
1.3 Global Defense IT Spending Market by Application
1.3.1 Global Defense IT Spending Market Size and Market Share Comparison by Applications (2014-2024)
1.3.2 IT Infrastructure
1.3.3 Network & Cyber Security
1.3.4 IT Application
1.3.5 Logistics & Asset Management
1.3.6 Others
1.4 Global Defense IT Spending Market by Regions
1.4.1 Global Defense IT Spending Market Size (Million USD) Comparison by Regions (2014-2024)
1.4.1 North America (USA, Canada and Mexico) Defense IT Spending Status and Prospect (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Defense IT Spending Status and Prospect (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Defense IT Spending Status and Prospect (2014-2024)
1.4.4 South America (Brazil, Argentina, Colombia) Defense IT Spending Status and Prospect (2014-2024)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Defense IT Spending Status and Prospect (2014-2024)
1.5 Global Market Size of Defense IT Spending (2014-2024)
2 Manufacturers Profiles
2.1 Leidos
2.1.1 Business Overview
2.1.2 Defense IT Spending Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Leidos Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.2 Accenture
2.2.1 Business Overview
2.2.2 Defense IT Spending Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Accenture Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.3 IBM
2.3.1 Business Overview
2.3.2 Defense IT Spending Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 IBM Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.4 General Dynamics
2.4.1 Business Overview
2.4.2 Defense IT Spending Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 General Dynamics Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.5 BAE Systems
2.5.1 Business Overview
2.5.2 Defense IT Spending Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 BAE Systems Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.6 DXC
2.6.1 Business Overview
2.6.2 Defense IT Spending Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 DXC Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.7 Dell
2.7.1 Business Overview
2.7.2 Defense IT Spending Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Dell Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.8 Northrop Grumman
2.8.1 Business Overview
2.8.2 Defense IT Spending Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Northrop Grumman Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.9 Unisys
2.9.1 Business Overview
2.9.2 Defense IT Spending Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Unisys Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.10 Atos
2.10.1 Business Overview
2.10.2 Defense IT Spending Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Atos Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.11 Capgemini
2.11.1 Business Overview
2.11.2 Defense IT Spending Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Capgemini Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.12 Fujitsu
2.12.1 Business Overview
2.12.2 Defense IT Spending Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 Fujitsu Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.13 Oracle
2.13.1 Business Overview
2.13.2 Defense IT Spending Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Oracle Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.14 SAP
2.14.1 Business Overview
2.14.2 Defense IT Spending Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 SAP Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.15 Microsoft
2.15.1 Business Overview
2.15.2 Defense IT Spending Type and Applications
2.15.2.1 Product A
2.15.2.2 Product B
2.15.3 Microsoft Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.16 Amazon
2.16.1 Business Overview
2.16.2 Defense IT Spending Type and Applications
2.16.2.1 Product A
2.16.2.2 Product B
2.16.3 Amazon Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.17 AT&T
2.17.1 Business Overview
2.17.2 Defense IT Spending Type and Applications
2.17.2.1 Product A
2.17.2.2 Product B
2.17.3 AT&T Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.18 CACI International Inc.
2.18.1 Business Overview
2.18.2 Defense IT Spending Type and Applications
2.18.2.1 Product A
2.18.2.2 Product B
2.18.3 CACI International Inc. Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
2.19 Atkins
2.19.1 Business Overview
2.19.2 Defense IT Spending Type and Applications
2.19.2.1 Product A
2.19.2.2 Product B
2.19.3 Atkins Defense IT Spending Revenue, Gross Margin and Market Share (2017-2018)
3 Global Defense IT Spending Market Competition, by Players
3.1 Global Defense IT Spending Revenue and Share by Players (2014-2019)
3.2 Market Concentration Rate
3.2.1 Top 5 Defense IT Spending Players Market Share
3.2.2 Top 10 Defense IT Spending Players Market Share
3.3 Market Competition Trend
4 Global Defense IT Spending Market Size by Regions
4.1 Global Defense IT Spending Revenue and Market Share by Regions
4.2 North America Defense IT Spending Revenue and Growth Rate (2014-2019)
4.3 Europe Defense IT Spending Revenue and Growth Rate (2014-2019)
4.4 Asia-Pacific Defense IT Spending Revenue and Growth Rate (2014-2019)
4.5 South America Defense IT Spending Revenue and Growth Rate (2014-2019)
4.6 Middle East and Africa Defense IT Spending Revenue and Growth Rate (2014-2019)
5 North America Defense IT Spending Revenue by Countries
5.1 North America Defense IT Spending Revenue by Countries (2014-2019)
5.2 USA Defense IT Spending Revenue and Growth Rate (2014-2019)
5.3 Canada Defense IT Spending Revenue and Growth Rate (2014-2019)
5.4 Mexico Defense IT Spending Revenue and Growth Rate (2014-2019)
6 Europe Defense IT Spending Revenue by Countries
6.1 Europe Defense IT Spending Revenue by Countries (2014-2019)
6.2 Germany Defense IT Spending Revenue and Growth Rate (2014-2019)
6.3 UK Defense IT Spending Revenue and Growth Rate (2014-2019)
6.4 France Defense IT Spending Revenue and Growth Rate (2014-2019)
6.5 Russia Defense IT Spending Revenue and Growth Rate (2014-2019)
6.6 Italy Defense IT Spending Revenue and Growth Rate (2014-2019)
7 Asia-Pacific Defense IT Spending Revenue by Countries
7.1 Asia-Pacific Defense IT Spending Revenue by Countries (2014-2019)
7.2 China Defense IT Spending Revenue and Growth Rate (2014-2019)
7.3 Japan Defense IT Spending Revenue and Growth Rate (2014-2019)
7.4 Korea Defense IT Spending Revenue and Growth Rate (2014-2019)
7.5 India Defense IT Spending Revenue and Growth Rate (2014-2019)
7.6 Southeast Asia Defense IT Spending Revenue and Growth Rate (2014-2019)
8 South America Defense IT Spending Revenue by Countries
8.1 South America Defense IT Spending Revenue by Countries (2014-2019)
8.2 Brazil Defense IT Spending Revenue and Growth Rate (2014-2019)
8.3 Argentina Defense IT Spending Revenue and Growth Rate (2014-2019)
8.4 Colombia Defense IT Spending Revenue and Growth Rate (2014-2019)
9 Middle East and Africa Revenue Defense IT Spending by Countries
9.1 Middle East and Africa Defense IT Spending Revenue by Countries (2014-2019)
9.2 Saudi Arabia Defense IT Spending Revenue and Growth Rate (2014-2019)
9.3 UAE Defense IT Spending Revenue and Growth Rate (2014-2019)
9.4 Egypt Defense IT Spending Revenue and Growth Rate (2014-2019)
9.5 Nigeria Defense IT Spending Revenue and Growth Rate (2014-2019)
9.6 South Africa Defense IT Spending Revenue and Growth Rate (2014-2019)
10 Global Defense IT Spending Market Segment by Type
10.1 Global Defense IT Spending Revenue and Market Share by Type (2014-2019)
10.2 Global Defense IT Spending Market Forecast by Type (2019-2024)
10.3 Services Revenue Growth Rate (2014-2024)
10.4 Hardware Revenue Growth Rate (2014-2024)
10.5 Software Revenue Growth Rate (2014-2024)
11 Global Defense IT Spending Market Segment by Application
11.1 Global Defense IT Spending Revenue Market Share by Application (2014-2019)
11.2 Defense IT Spending Market Forecast by Application (2019-2024)
11.3 IT Infrastructure Revenue Growth (2014-2019)
11.4 Network & Cyber Security Revenue Growth (2014-2019)
11.5 IT Application Revenue Growth (2014-2019)
11.6 Logistics & Asset Management Revenue Growth (2014-2019)
11.7 Others Revenue Growth (2014-2019)
12 Global Defense IT Spending Market Size Forecast (2019-2024)
12.1 Global Defense IT Spending Market Size Forecast (2019-2024)
12.2 Global Defense IT Spending Market Forecast by Regions (2019-2024)
12.3 North America Defense IT Spending Revenue Market Forecast (2019-2024)
12.4 Europe Defense IT Spending Revenue Market Forecast (2019-2024)
12.5 Asia-Pacific Defense IT Spending Revenue Market Forecast (2019-2024)
12.6 South America Defense IT Spending Revenue Market Forecast (2019-2024)
12.7 Middle East and Africa Defense IT Spending Revenue Market Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Defense IT Spending Picture
Table Product Specifications of Defense IT Spending
Table Global Defense IT Spending and Revenue (Million USD) Market Split by Product Ty