Global Military IT Spending Market Growth (Status and Outlook) 2023-2029

Global Military IT Spending Market Growth (Status and Outlook) 2023-2029

The global Military IT Spending market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Military IT Spending is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Military IT Spending is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Military IT Spending is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Military IT Spending players cover Google, Oracle, Amazon, Microsoft, Lockheed Martin, Accenture, IBM, General Dynamics and BAE Systems, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

DoD IT spending is one of the most lucrative and high-growth areas of IT investment in the government today. But this is a market with strict rules and well-entrenched vendors, so targeting high-growth areas such as cloud and new development is key for vendors to remain competitive.

LPI (LP Information)' newest research report, the “Military IT Spending Industry Forecast” looks at past sales and reviews total world Military IT Spending sales in 2022, providing a comprehensive analysis by region and market sector of projected Military IT Spending sales for 2023 through 2029. With Military IT Spending sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Military IT Spending industry.

This Insight Report provides a comprehensive analysis of the global Military IT Spending landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Military IT Spending portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Military IT Spending market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Military IT Spending and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Military IT Spending.

This report presents a comprehensive overview, market shares, and growth opportunities of Military IT Spending market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware
Software
Services

Segmentation by application
Army
Air Force
Navy
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Google
Oracle
Amazon
Microsoft
Lockheed Martin
Accenture
IBM
General Dynamics
BAE Systems
DXC
Dell
Unisys
Atos
Lumen Technologies
Viasat, Inc.
Verizon
Accrete
Northrop Grumman
Raytheon
L3Harris
SAIC
Leidos
Capgemini
Fujitsu
SAP
AT&T
CACI International Inc.
Atkins

Please note: The report will take approximately 2 business days to prepare and deliver.