Developing Countries to Offer Huge Growth Potential in World Defense Sector, States SDI in Its Report Available at MarketPublishers.com16 Jan 2017 • by Natalie Aster
LONDON – The global defense industry is set to see an increase in M&A activity by April 2017 on account of surging demand for services like cybersecurity, intelligence information analysis, and surveillance.
Market instability, political interference, and a decrease in defense spending are set to act as the key business concerns for the defense industry worldwide over the projected period. Meantime, respondents are seeking to intensify their focus on developing novel products and services and expanding in the current markets and abroad, as well as boosting operational efficiency.
Further, developing economies like Saudi Arabia, India and China are expected to offer enormous growth opportunities for the world defense industry. Amongst the developed economies, the markets of US, the UK and Germany show tremendous growth potential over the projected period.
Over the next few months the global defense procurement spending is forecast to grow by 6% on average.
Topical research report “Defense Industry Business Outlook and Procurement Report November 2016-April 2017” elaborated by SDI provides the executives' opinion on the business outlook and procurement activities from November 2016 till April 2017, and also provides detailed forecasts of the market size of the global defense industry.
The study casts light on the key business priorities alongside providing comparisons over the past 6 months; gives a look at the emerging markets with outstanding growth potential; analyses the development economies’ growth opportunities; reviews M&A activity in the industry; delves into the major business concerns; and offers CapEx projections, etc. The report presents a detailed analysis of procurement behaviours and strategies including procurement activity outlook in leading areas, scheduled change in procurement spending, outlook for supplier prices, companies’ viewpoints on e-procurement, and more.
More topical market research studies by SDI are available at its page.