Cyber security market to be worth $68.34BN

The global cyber security market is set to be worth $68.34bn in 2013, as exceedingly high-demand continues for information security systems across governments, global militaries, and the private sector.The global market for cyber solutions has been a topic of increasing interest in a variety of industries and public sector organisations for several years and for a number of reasons. The first of these is the indisputable rise of cyber crime, malware attack, information theft and hacking which has accompanied the expansion of the internet. Threat of attack via cyberspace has in recent years become a real concern not only of public organisations guarding state secrets, but also of commercial entities seeking to remain profitable.
Cyber security is one of the strongest growth markets in the defence & security industry at present. It is important to emphasise that, uniquely, the playing field is currently very level internationally (in terms of capability); and this is almost certain to provide a major stimulus to spending in years to come, as threats evolve and militaries place increased emphasis on modernised, network-centric warfare. Moreover, the cyber security market transcends traditional defence expenditure: the private sector remains very insecure in regard to the cyber threat and the increase importance of safeguarding intellectual property is certain to ensure that higher spending is necessary across all areas of industry and commerce. Lastly, the threat to national infrastructure cannot be discounted as a major area of spending. Taken altogether, cyber security represents a major growth market which will reward both vendors and purchasers.
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Thai defense expenditure increased at a CAGR of 5.14%

The Future of the Thai Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain a market share in the Thai defense industry.
Thai defense expenditure increased at a CAGR of 5.14% during the review period and valued US$6.1 billion in 2013. The focus of the Thai government will be on the modernization of its armed forces, the arms race with other Asian countries, and border security
Modernization of the armed forces, the arms race with other Asian countries, and border security to drive Thai defense spending.

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The global Missiles and Missile Defense Systems market is expected to increase at a CAGR of 2.41% during the forecast period, to reach US$19.8 billion by 2021.

The global Missiles and Missile Defense Systems market is estimated to value US$15.2 billion in 2011. The value of the market is expected to increase at a CAGR of 2.41% during the forecast period, to reach US$19.8 billion by 2021. The market consists of seven categories of missiles: surface-to-surface missiles (SSMs), surface-to-air missiles (SAMs), air-to-surface missiles (ASMs), air-to-air missiles (AAMs), anti-ship missiles, anti-tank missiles and missile defense systems.
"The Global Missiles and Missile Defense Systems Market 2011–2021 - Market Size and Drivers" allows you to:
• Gain insight into the Missiles & Missile Defense Systems market with current and forecast market values.
• Understand the key drivers and attractiveness parameters of the global Missiles & Missile Defense Systems market.
• Understand the various factors impacting the growth of the Missiles & Missile Defense Systems market.
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The Netherlands defense budget allocation of US$10.1 billion in 2013

The Netherlands is one of the top 20 defense markets across the world, with a defense budget allocation of US$10.1 billion in 2013. Primarily driven by military modernization programs, and coast guard and internal security the country’s defense expenditure is expected to register a CAGR of -0.31% during the period 2014-18. This decrease in spending is expected to be primarily due to the European debt crisis, which will force the Netherlands to cut its defense budget over the forecast period. The country’s defense imports and exports recovered in 2012 and are expected to grow over the forecast period, as the country is expected focus on acquiring equipment for maritime security, C2/C4ISR, and homeland security infrastructure.Defense expenditure in the Netherlands is primarily driven by military modernization, joint operations with the police force for the internal security of the country. Military Modernization: Participation of the country’s armed forces in peacekeeping initiatives affected the functionality of its defense equipment, especially the condition of the equipment deployed in Afghanistan, such as F-16s, armored vehicles, and helicopters. This has necessitated the need for upgrade or replacement. The MOD has already outlined plans to upgrade its helicopter and armored vehicles fleets, and F-16 fighter aircraft. The maritime forces are also being equipped with minesweeping capabilities, while frigates are being upgraded with radar systems.
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Malaysian defense expenditure increased at a CAGR of 6.37% during the review period and valued US$4.96 billion

Malaysian defense expenditure increased at a CAGR of 6.37% during the review period and valued US$4.96 billion in 2013. The focus of the Malaysian government will be on the modernization of its armed forces, participation in peacekeeping operations, and counter terrorism activities.The Malaysian government fulfills most of its defense needs by importing military equipment from the foreign countries such as Russia, Germany, France, and Spain. The overall exports of the country during the period 2008-2012 were negligible, resulting in poor inflow of foreign investment. During the forecast period, the defense exports of the country are expected to remain low as a result of less joint development and collaboration programs, which is expected to remain the key challenge for the Malaysian defense industry during the forecast period.
The Malaysian defense budget, which is estimated at US$4.9 billion for 2013, is lower than the majority of Malaysia's neighbors, with the Philippines being one of the few countries with a lower defense budget, and this relatively small defense budget frequently deters investors from venturing into the country. Moreover, the Malaysian government has made offsets mandatory for all defense procurements exceeding US$13 million, and in an attempt to encourage domestic defense development, the Malaysian government awards additional significance to direct offsets; however, due to the lack of sufficient investment and a shortage of skilled Malaysian labor, foreign OEMs are unable to transfer sophisticated technology to domestic defense companies. The combination of the factors outlined above reduces the attractiveness of the Malaysian defense industry for foreign OEMs.
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Weapons and Ammunition in United Kingdom

Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Weapons and Ammunition market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.
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Saudi Arabian Defense Industry is expected to grow at a CAGR of 7.92% to reach US$77.3 billion

Saudi Arabia is estimated to have the fourth largest defense budget in the world, behind the US, China, and Russia. Valued at US$52.9 billion in 2013, the country’s defense expenditure is at the seventh position among the top 10 military spenders and is expected to grow at a CAGR of 7.92% to reach US$77.3 billion by 2018. Saudi Arabia’s military expenditure as a percentage of GDP will from its current 7.3% to 9.1% by 2018 due to slowing economic growth over the forecast period. An underdeveloped domestic defense industry coupled with the country’s high spending power presents ample opportunities for foreign OEMs to enter the market through an alliance route.

What are the key drivers behind recent market changes?
A strained relationship with Iran, high spending power, and the need to develop a skilled military force to be key factors driving defense expenditure. The Saudi Arabian government’s hopes of strengthening its defense infrastructure in order to emerge as the most powerful nation in the Middle East have been supported by many years of high oil prices and strong economic growth. The rivalry between Saudi Arabia and Iran in the Middle East is a regional power struggle for influence, in which both sides have aimed at steering the course of events, shaping developments, and influencing decisions in the region according to their political preferences and interests. The fact that the Saudi’s average defense expenditure as a percentage of GDP during the review period measured a significant 7.9% implies it has the purchasing power to procure state of the art defense equipment. In fact the country registered a figure of 7.3% with regards to its defense expenditure as a percentage of GDP, which was the highest among the world’s largest military spenders for 2012.
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The German MoD announced its plans to cut its defense budget by 2016

The German MoD announced its plans to cut its defense budget by 2016 and is expected to reduce its expenditure on military aircraft and other arms contracts over the next five years. The budget cuts will result in reductions in the procurement of helicopters, heavy lift military transport aircraft, tanks, and jet fighters. The Bundeswehr is planning not to buy the last tranche of 37 Eurofighter aircraft and Germany is expected reduce its orders of Puma tanks by 120, 40 NH-90 naval helicopters, and also 40 Tiger multi-role attack helicopters. In addition, the MoD has announced plans to substantially reduce the size of its troop force by temporarily suspending its national conscription program, in order to make further cuts. The country expects to save US$1.31 billion during this period as a result of the reduction in armed forces and civilian support staff.
Over the forecast period the German MoD is expected to focus on the suspension of national conscription and restrict defense procurements to core military hardware only. Furthermore, Germany’s intention to align its defense capabilities with those of the EU, coupled with the decommissioning of its existing defense systems, including 15 Trans all cargo aircraft, 100 Tornado jet fighters, and a significant number of frigates from its navy, may also pose challenges to defense suppliers.

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China’s defense expenditure over the forecast period, which is estimated to grow at a CAGR of 11.9%.

The Chinese defense industry is controlled by the government, and restrictions on private and foreign companies dampen the competition in the industry. A lack of competition diminishes the need for innovation in defense equipment and related technology advancement. Barring a few industrial enterprises, the majority of organizations fail to compete with each other, which impedes the development of China’s modern indigenous defense industry as there is no incentive for companies to innovate. Furthermore, some of China’s industrial–defense enterprises form business relationships based on long-standing political ties with regions and provinces. As a result, the country fails to gain access to technological innovations and advancements in foreign countries.
A major obstacle to investment in the Chinese defense industry is the arms embargo imposed by the US and other European countries, following the 1989 Tiananmen Square massacre. During the review period, some European states have proposed the lift of the arms ban, but the US and Japan have opposed this proposal due to fears that it will enable China to enhance its military capabilities. As a result, China’s defense industry is unable to acquire sophisticated military hardware from the US or Western European countries, and this hampers the development of its military–industrial complex.

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The Indian defense equipment markets in the world, the country is expected to spend US$119.3 billion

The Future of the Indian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain a market share in the Indian defense industry. The Indian defense market offers numerous market opportunities to both domestic and foreign manufacturers. As one of the largest defense equipment markets in the world, the country is expected to spend US$119.3 billion on capital acquisition alone during the forecast period.

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Brazilian defence market in 2012 will reach $35.88bn

Over the past decade, Brazil has become one of the largest emerging economic powers in the world, leading to ambitious investment and modernisation plans being developed for the Brazilian armed forces. In order to counter threats to the country's borders and its large scale land and sea natural resources, alongside the need to increase security preparations for major international events, Brazil has continued to invest in upgrading its full range of military capabilities. In addition, a desire to grow a strong defence industry in order to boost the economy's export output and to demonstrate its geo-political power has fuelled such spending, despite concerns over the inherent restrictions of an emerging market and a recent slowdown in Brazil's overall economic output. has therefore determined that the value of the Brazilian defence market in 2012 will reach $35.88bn.

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The defense equipment and support expenditure is expected to be US$112.06 billion, accounting for 41.63% of the UK’s total defense budget over the forecast period

The UK is one of the largest defense markets across the world. Primarily driven by potential threats from terrorism and peace keeping operations, the country’s defense expenditure is expected to register a CAGR of -0.88% during the forecast period. Despite budget cuts, the share of capital expenditure of the MoD’s total defense budget is expected to increase to 25.60% over the forecast period. The UK’s plans to spend about US$251.86 billion on defense equipment and support over the next decade will present opportunities for domestic and overseas defense companies. The defense equipment and support expenditure is expected to be US$112.06 billion, accounting for 41.63% of the UK’s total defense budget over the forecast period. 

 

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The Global CBRN Defence Market will be worth $8713.6m

With budgets under pressure in America as sequestration still looms on the horizon and withdrawal from foreign commitments becomes a reality, areas of growth in defence spending are few and far between. In Europe states are struggling to stay out of recession and public expenditure is being slashed. In this context report The Global CBRN Defence Market 2013-2023 examines how manufactures are making the most of a surprisingly buoyant outlook and presents a range of factors driving demand amongst governments. has calculated that in 2013 the global CBRN defence market will be worth $8713.6m.

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The Value Of The Global Cyber Warfare Market in 2013 will reach $16.96bn

Cyber attacks between states are not only rising in frequency but are also becoming increasingly sophisticated. The growing threat has raised the public awareness, and governments have increased budgets for the development of defensive and offensive cyber capabilities. As a consequence, determined that the value of the global cyber warfare market in 2013 will reach $16.96bn.

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The Global Civil Helicopter Market in 2013 will reach $3.69bn

Civil helicopters extend the reach and expand the capabilities of businesses, city governments and security agencies. The positive impact of civil helicopters for entities that can afford to acquire and operate them remains compelling. However, purchases must also be weighed against the prevailing economic conditions. The civil helicopter industry, as with other industries, remains affected by economic uncertainty in parts of the world but this  report identifies where the opportunities for new demand are coming from in which region and which submarket. the value of the global civil helicopter market in 2013 will reach $3.69bn.
 
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Private Contracted Security Services is Projected to increase 5.2 percent annually to $63.8 billion in 2016

US demand to rise 5.2% annually through 2016
US demand for private contracted security services is projected to increase 5.2 percent annually to $63.8 billion in 2016. The market will be supported by a high perceived risk of crime (from conventional violent and property crimes to white collar crimes and terrorism) and a concern that public safety officials are overburdened. The outsourcing of security activities to contracted firms, instead of relying on in-house security, will support demand. The privatization of some public safety operations, such as guarding government facilities and correctional facilities management, will also boost gains.

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Malaysian Defense Industry is Expected to record a CAGR of 7.5% over the forecast period, the country has a limited presence in the global defense industry

The Malaysian Defense Industry - Market Attractiveness and Emerging Opportunities to 2017: Market Profile" is an essential source of information covering the market attractiveness and emerging opportunities of the defense industry in Malaysia.

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Independent Defence and Security Industry Forecast To End-2016

The Greece Defence & Security Report features independent forecasts to end-2016 for national and international security, the defence industry, military expenditure, employment in arms production, and arms imports and exports, as well as examining industry trends and prospects, national and multinational arms producers, and the regulatory environment.
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The Global Counter IED Market Is Estimated To Value US$6.4 Billion In 2012

The global counter IED market is estimated to value US$6.4 billion in 2012, and will decrease at a CAGR of 5.59% during the forecast period, to reach US$3.6 billion by 2022. The market consists of five categories: counter IED vehicles, electronic countermeasures, detection systems, unmanned systems, and counter IED training.
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Global Aerospace and Defense market to grow at a CAGR of 2.48 percent over the period 2011-2015.

The Global Aerospace and Defense market to grow at a CAGR of 2.48 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing share of defense budget. The Global Aerospace and Defense market has also been witnessing increasing order backlog. However, complex regulatory requirements could pose a challenge to the growth of this market. To know More -www.bharatbook.com/DefenseMarket