A new Research and Markets forecast says increasing demand for new aircraft and use of unmanned aerial vehicles worldwide will be among the factors that will drive 3D printing growth in the aerospace sector over the next seven years. The global market for aerospace 3D printers reached a value of $1.12B last year and is projected to experience a 25.3 percent compound annual growth rate to hit $6.81B by 2027.
Joanna Jones, founder and CEO of InterQ Research, has said cybersecurity companies can use qualitative research data and input from industry professionals when developing new products.
A MarketsandMarkets forecast, released by Reportlinker, said the global market for instrusion detection and prevention systems will see an 8.3 percent compound annual growth rate to reach $7.1B in value by 2024.
CB Insights has observed that executive mentions of blockchain on earnings calls are declining. The market research company forecasts that traditional venture capital investments in companies focused on the technology will hit $1.6B during 2019, down from $4.1B in VC funds recorded last year.
A Visiongain report predicts the military embedded systems market will grow from $89.6B in 2019 to 233.2B by 2029, primarily due to a demand for modern warfare technology and the adoption of electronic warfare platforms.
A Frost & Sullivan report predicts that Department of Defense spending on unmanned aerial systems will climb at a 4.6 percent compound annual growth rate over the next five fiscal years, National Defense Magazine reported Friday.
A Market Research Engine report predicts the global artificial intelligence market will grow at a 37 percent annual compound growth rate through 2024 to reach $191B. The research company said Sunday the growth of big data, a demand for intelligent virtual assistants and the adoption of cloud computing applications and services are among the factors that will drive AI market […] More
The Defense Health Agency has begun to request information on the availability of an enterprise reference and metadata management platform that will work to integrate business and health data amid the anticipated rise in clinical data driven by the adoption of a new electronic health record system. A FedBizOpps notice posted April 17 says DHA […] More
The Internal Revenue Service has launched a market research effort to explore potential industry sources of support services for IRS’ Information Technology Enterprise Program Management Office. A FedBizOpps notice posted Wednesday says the agency wants to know the availability, capability and interests of companies to help the IT EPMO plan, manage and execute projects. Scope of work […] More
A Research and Markets report forecasts the worldwide market for targeting pods will experience a 6.61 percent compound annual growth rate in the next five years as military agencies increase aircraft procurement and modernization efforts. The targeting pods market’s value is projected to increase from $3.3 billion in 2017 to $4.5 billion by 2022, Research Markets said Thursday. Lockheed Martin, L3 […] More
Reportlinker has released a forecast study that the global drone market will grow to reach $16.7 billion in 2022. The predicted growth stems from the increase of drone demand for military and commercial use, and the continuing regulatory efforts on drones, the research firm said Thursday. Drone-producing firms are continuously making technological advancement efforts that may […] More