Global Defense Industry Executives Anticipate the Price of Technology to Increase at an Average of More Than 3% Over the Next Quarter, According to a New Study on ASDReports

Friday 29 August 2014, Amsterdam

Gain valuable insights into the Defense Industry with the new Defence Business Confidence Report now available on ASDReports. A report with findings drawn from our exclusive panel of leading global defense industry executives. The report analyzes current economic conditions prevailing across the globe and their impact on the defense industry, and forecasts the company and industry growth prospects over the next quarter. Furthermore, it provides information about the impact of customer confidence, supplier prices, and staff headcount likely to affect investment decisions in the industry over the next quarter.

The difference:

• Have a little confidence – examines industry executives’ attitude towards various business concerns and their change in opinion over the last three quarters.
• Know your Competition – Examines the prevailing economic conditions and industry executives’ opinion about the global economy and the state of economy across various regions
• Keep one step ahead – forecasts the company and industry growth prospects over the next quarter. Furthermore, it provides information about the impact of customer confidence, supplier prices, and staff headcount likely to affect investment decisions in the industry.

Report Highlight:
Across regions, operational efficiency remains a key priority with particular emphasis on customer retention.

In North America customer retention and improving operational efficiency are key priorities for defense executives operating in North America. Furthermore, the survey reveals that there is a significant decrease in the percentage of respondents who prioritized expansion into new markets, and protecting and growing their company’s market share in Q3 2014, compared to Q2 2014.

Industry participants from Europe intend to increase their focus on improving operational efficiency and responding to government proposals and legislations in order to counter the effects of the European debt crisis. In contrast, improving and increasing social media presence is less preferred by executives in Q3 2014, compared to Q2 2014.