The Global Military IT, Data and Computing Market 2012-2022 Country Analysis: Market Profile

US military networking expenditure expected to be valued US$13.8 billion in 2012

Tuesday 19 February 2013, Amsterdam

The US has the world’s largest defense budget and is the largest spender in the military IT, data, and computing market. Historically, the IT investments made by the DoD were unstructured and were done to meet the needs of individual projects, programs, organizations, and facilities. This decentralized approach has resulted in huge costs and a patchwork of capabilities, making it difficult to adapt to the new developments in IT. The DoD uses a number of networks in its missions, which have increased significantly over the last few years. This has caused the unnecessary complexity of networks, a reduced ability to secure information systems, and the needless consumption of resources.

To overcome these hurdles, the Secretary of Defense has directed the consolidation of IT infrastructure in order to achieve savings in acquisition, sustainment, and manpower costs, and to improve the DoD’s ability to execute missions while defending its networks against growing cyber threats. The country’s military IT, data, and computing budget is currently being driven by the government’s migration of its military IT resources to cloud computing, data center consolidation, battle space networking, and cyber warfare.

Figure 1: Military IT, Data and Computing Market in the US (US$ Billion), 2012-2022

 
                             

The US military IT, data, and computing market’s total expenditure is expected to be valued US$30.5 billion in 2012 and is forecasted to reach US$ 49.1 billion in 2022, growing at a CAGR of 4.9%. The major area of expenditure in this segment is networking, followed by software, hardware, and cyber security.

The Global Military IT, Data and Computing Market 2012-2022 - Country Analysis: Market Profile

The Global Military IT, Data and Computing Market 2012-2022 - Country Analysis: Market Profile

Publish date : February 2013
Report code : ASDR-45994
Pages : 64

The Global Military IT, Data and Computing Market 2017-2027

The Global Military IT, Data and Computing Market 2017-2027

Publish date : July 2017
Report code : ASDR-406123
Pages : July 2017

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