Market Research Engine has published a new report titled as “IOT in Defense By Component Analysis (Hardware, Software, Services); By Connectivity Technology Analysis (Cellular, Wi-Fi, Satellite Communication, Radio Frequency); By Industrial Vertical Analysis (Real Time Fleet Management (RTFM), Health Monitoring Training & Simulation, Training & Simulation, Equipment Maintenance, Inventory Management) and By Regional Analysis – Global Forecast by 2016 – 2022”.

    The global IoT in defense market is projected to register a compound annual growth rate (CAGR) of 11% during the forecast period. The growth in information, communication & technology, the decreased cost of powerful sensors & controllers, enhanced internet penetration, and extended connectivity are expected to drive the market. However, the threat of data security & privacy, poor internet infrastructure in the developing nations, and shared standards & infrastructure are expected to hamper the growth of the market.

    In this report, the global IoT in defense market is segmented by component, connectivity technology, industrial vertical, and region. The market on the basis of component is segmented into hardware, software, and services. On the basis of connectivity technology, the market is segmented into cellular, Wi-Fi, satellite communication, radio frequency, and others. The market on the basis of industrial vertical is segmented into real-time fleet management (RTFM), health monitoring training & simulation, training & simulation, equipment maintenance, inventory management, and others.

    The global IoT in defense market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America accounted for the largest share of the IoT in defense market in 2016. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional IoT in defense market and analyzes the variations in the growth of the industry in certain regions.

    You Can Browse Full Report: https://www.marketresearchengine.com/iot-in-defense

    AeroVironment, Inc., AT&T, Textron Systems, Northrup Grumman, Elbit Systems, Honeywell International, Inc., General Atomics Aeronautical Systems, and FreeWave Technologies are the most active players in the IoT in defense market.

    This report covers the IoT in defense market, in terms of value, and forecasts the market size till 2022. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global IoT in defense market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

    The deep-dive study on the IoT in defense market will help customers with the identification of new market opportunities and targeted promotional plans. The report provides global market trends, with data from 2013, estimates for 2014 and 2015, and projections of CAGRs through 2022. A glimpse of the report structure is provided in the report description available on the website.

     

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    Source: http://www.financeswire.com/global-iot-in-defense-market-to-witness-a-high-cagr-during-the-forecast-period-by-2016-2022