Global Defense Industrial and Technology Base (DITB) Trends Outlook, 2019–2024

Global Defense Industrial and Technology Base (DITB) Trends Outlook, 2019–2024

  • June 2020 •
  • 116 pages •
  • Report ID: 5917925 •
  • Format: PDF
This study is an in-depth analysis of the the global defense industrial and technology base, its drivers, trends, and outlook.To provide for a country’s national security, its industrial base must be secure, robust, and resilient. The defense technology industrial base (DTIB) must be cost effective, cost efficient, and highly productive to ensure that the most value is obtained from governments’ available defense budgets. There has been a gradual increase in defense spending following the past decades of decline, spurred by geopolitical instability and the emergence of new technologies. Countries are implementing new policies to spur the development of local DTIBs. International competition is expected to put further market pressure on global DTIB as new participants enter the market. Many nations have begun implementing comprehensive policies to support their own domestic industries and rely less on imported defense procurement.What makes the research service unique? These provide diverse research services focused on existing and evolving markets across the aerospace, defense, and security (ADS) markets and cover them at global and regional levels. The specialist studies are focused on specific products or market segments that provide deep-dive opportunities for strategists and investors who wish to learn about the future state of any ADS market or product in terms of addressable markets, opportunities, and future disruptions.