Global Defense IT Spending Market Size, Status and Forecast 2020-2026

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.
Market Analysis and Insights: Global Defense IT Spending Market
In 2019, the global Defense IT Spending market size was US$ 81280 million and it is expected to reach US$ 98830 million by the end of 2026, with a CAGR of 2.8% during 2021-2026.
Global Defense IT Spending Scope and Market Size
Defense IT Spending market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Defense IT Spending market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Defense IT Spending market is segmented into Services, Hardware, Software, etc.
Segment by Application, the Defense IT Spending market is segmented into IT Infrastructure, Network & Cyber Security, IT Application, Logistics & Asset Management, Others, etc.
Regional and Country-level Analysis
The Defense IT Spending market is analysed and market size information is provided by regions (countries).
The key regions covered in the Defense IT Spending market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Defense IT Spending Market Share Analysis
Defense IT Spending market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Defense IT Spending business, the date to enter into the Defense IT Spending market, Defense IT Spending product introduction, recent developments, etc.
The major vendors include 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, etc.

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 North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

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

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

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 North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Defense IT Spending are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions