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Sector Analysis
United Kingdom (UK) Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
UK Defense Market Report Overview The United Kingdom (UK) defense budget is worth $62.8 billion in 2023. The country’s defense budget is anticipated to rise in steady and gradual annual increments, registering a CAGR of more than 4% during 2024-2028. Despite the challenges of COVID recovery, energy insecurity, and sustained inflation, British foreign policy retains ambitions and international commitments that make this sustained increase a likelihood as the British military redoubles deployments in Europe and elsewhere. Despite Brexit, the UK...
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Thematic Analysis
Internet of Things (IoT) in Defense – Thematic Intelligence
Internet of Things (IoT) in Defense Thematic Report Overview The applications of IoT in defense are wide-ranging and include health monitoring, augmented reality (AR) remote training, gaining situational awareness using drones, vehicle management, target recognition, and many more. For instance, smart sensors can be used on military equipment to give data on their health and whether maintenance is needed. This helps reduce operating costs and downtime for military equipment as the sensor can predict when a breakdown is imminent. However,...
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Thematic Analysis
Internet of Things (IoT) – Thematic Intelligence
Internet of Things (IoT) Thematic Report Overview The IoT describes the use of connected sensors and actuators to control and monitor the environment, the things that move within it, and the people that act within it. IoT is a relatively mature market, yet significant innovationsare being madein embedding AI into IoT devices, software, and services to support automated operations and predictive maintenance. However, the combination of a fragmented security standards landscape and the weak security of many IoT devices could...
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Thematic Analysis
Missile Defense – Thematic Intelligence
Missile Defense Report Overview The balance of strategic power provided by missiles and missile defense capabilities has come into renewed focus in recent years, as the return of high-intensity warfare in Europe and the rise of great power competition in the Asia-Pacific region drive concerns for global security. Nations are also collaborating in this field through treaties, security arrangements, and joint operations, providing greater opportunities for both primes and contractors within the missile defense supply chain to grow their market...
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Thematic Analysis
Counter-Drone Technologies – Thematic Intelligence
Explore trends and insights from the following data in our ‘Counter-Drone Technologies’ thematic report: Key challenges that Defence forces and sector suppliers face. Details on investment opportunities for armed forces, suppliers, and institutional investors, across the whole counter-drone value chain. Highlights from different counter-drone technology-related research and development programs that are currently being undertaken by various military organizations and defense companies. Studies of emerging technological trends and their broader impact on the defense market. Analysis of the various C-UAS platforms,...
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Sector Analysis
Canada Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
Canada Defense Market Report Overview The Canada defense budget is $20.6 billion in 2023 and is expected to grow at a CAGR of more than 2% from 2024 to 2028. The increase is generally consistent with the growth seen in the historic 2019-2023 period. As a Western nation and member of NATO, the primary drivers of Canada’s defense spending are factors such as growing concern over the resurgence of Russia on the international stage and its February 2022 invasion of...
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Thematic Analysis
Internet of Things (IoT) in Travel and Tourism – Thematic Intelligence
Internet of Things (IoT) in Travel and Tourism Thematic Report Overview The Internet of Things (IoT) has strongly influenced digitalization in the travel and tourism industry. The COVID-19 pandemic brought key IoT use cases to the attention of the travel and tourism industry. The deployment of IoT is further expected to address the ESG challenges across travel and tourism sector. For instance, IoT can address ESG concerns in a host of ways from sensor-enabled smart lighting and thermostats that monitor...
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Track & Monitor
Drones in defence: Drone cargo retrieval
Our team of industry experts has meticulously researched and analyzed the latest trends, innovations and emerging technologies in the defence industry’s Drone cargo retrieval segment. By leveraging our report, you will gain invaluable insights that can revolutionise your business strategies and give you a competitive edge. Note: This is an “on-demand” report and will be delivered within 2 to 4 business days (excluding weekends and holidays) of the purchase. Certain sections in the report may be removed or altered based...