Search results for: 'spend reaching'

Global ICT spending reached $2.8 trillion in 2019, registering 3.6% YoY growth. While ICT spending is currently prioritized towards business continuity and solutions to better cope with the pandemic and a post-pandemic business environment, Frost and Sullivan predicts a shift in IT spending patterns, which will lean more towards digital and emergin...

12 Jun 2020  |  North America  |  Market Research

US Department of Homeland Security Spending Plan to 2024

An Assessment of the COVID-19 Impact on Agency Budgets

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The 2021 Department of Homeland Security (DHS) budget request was released in February 2020, and revealed a decrease from the 2020 enacted budget. However, the proposed budget remains in line with the current administration’s commitment to: • reinforce the US southern border, • build up cyber security defenses, • harden the US infrastructu...

11 Feb 2020  |  Asia Pacific  |  Market Research

Commercial MRO Market in Japan, S. Korea, and China, 2019

Commercial MRO Market Spending Hovers Around USD 13.0 Billion among Top-3 Nations of NE Asia in 2019

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This study aims to evaluate the commercial aircraft fleet and spending on MRO services among the top 3 Northeast Asian nations consisting of China, South Korea, and Japan boasting a combined airline fleet size of close to 5,000 aircraft at the end of 2019. The study focuses on the fleet and MRO spending comparisons among these top 3 N.E. Asian nati...

In 2019, the Latin American economies faced several challenges, including generalized social unrest, economic crises in some countries, and political instability, all of which had a certain impact on local light vehicle (LV) markets. From 6.1 million units commercialized in 2018, the market fell by 5.0% to merely 5.8 million units in 2019, far from...

17 Mar 2020  |  North America  |  Market Research

Opportunity Analysis on Russian Rail Market, Forecast to 2026

Electrifying Infrastructure and Expanding Rail Lines Represent $84 Billion in Project Spend for the Passenger and Freight Rolling Stock Ecosystems

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Russia is expected to invest approximately $84 billion in railway projects by 2026 as the rail market undergoes major developments with several projects planned. This research looks at the key areas of fleet renewal in the passenger (locomotives, multiple units, coaches) and freight (locomotives, wagons) rail segments, high-speed rail (HSR) project...

16 Jun 2020  |  North America  |  Market Outlook

Global Defence Outlook, 2020

Continuing High Global Tensions will Call for a Spike in Military Spending; However, the COVID-19 Induced Economic Recession will Severely Restrict Defence Budgets

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The defence outlook for 2020 will be driven primarily by a period of instability and high levels of tension due to various factors, including a global pandemic (Coronavirus 2019 or COVID-19), which will be explored by region in this research. The effects of COVID-19 on the defence industry are still to be fully understood. The impact will predomina...

Domestic sales in the Indian Passenger Vehicle (PV) market declined by 9.1% to reach 3 million units in FY 2020. The study estimates the market size of the Indian PV market, as well as segment forecasts up to 2024, with due consideration for the various factors driving and restraining its growth. The segmental shifts in the PV market in India are e...

Femtech is an emerging term and, as is the case with most new concepts, is poorly understood. While some relate Femtech only with products unique to the female anatomy (including consumer products), others dismiss it as just another term for a group of existing solutions. Frost & Sullivan believes it is a unique space and a place for new growth opp...

17 Mar 2020  |  North America  |  Market Research

Analysis of the Critical Care Patient Monitoring Market, US and EU5, Forecast to 2024

Market to Shift from Stand-alone Monitors to Integrated Solutions and Reach a Size of $13.17 Billion in 2024

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The economic burden for global critical care is estimated at $270 billion and intensive care unit (ICU) mortality in developed countries is still in the range of 10% to 20%. Advancements in effective patient monitoring in the ICU can not only help reduce the mortality rate but also be beneficial in improving patient and healthcare staff experience....