Search results for: 'spend readi'

India is at the crossroads where the economy is seeing a strong push not only from policy makers towards electric mobility, but also from electric vehicle manufacturers for increasing the adoption of energy-efficient vehicles. Frost & Sullivan’s Electric Vehicle Readiness Index examines 40 key Tier I and Tier II Indian cities, based on their readin...

The war in Ukraine that began in February 2022 shifted the European defense ecosystem and market by increasing spending and contract awards. Military modernization is now a spending priority for most European countries to defend against current threats. Joint frameworks, such as the North Atlantic Treaty Organization (NATO) and the European Uni...

Soldier lethality is a critical component of the Western armed forces’ modernization plans. Defense thought leaders expect ground close-combat formations to play a substantial role in “any peer-on-peer fight”. Modernizing soldier lethality and operational effectiveness are measured using critical precise weapons, sensors, body armor, and digitized ...

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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Key Issues Addressed

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...

24 Oct 2018  |  North America  |  Market Research

Directed Energy Weapons Market, Forecast to 2023

Offensive Laser and Microwave Systems Form the Next Defense Market Ready to Boom

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Key Issues Addressed

A new era of advanced weaponry is evolving and has prompted the US Department of Defense (DoD), along with several national laboratories and defense agencies to accelerate the development of directed energy (DE) for use as weapons. Hypersonic and ballistic missiles, unmanned aerial vehicle swarms, and improvised terror attacks are some of the most ...

Artificial intelligence (AI) is a key driver for Industry 4.0, with the potential to disrupt numerous business verticals. The technology’s ability to perform human-like cognitive functions such as learning, reasoning, problem solving, planning, and self-correction, and to make decisions based on simulations drives its large-scale adoption. Currentl...

In this research service, Frost & Sullivan overviews the global defense data analytics, machine learning (ML), and artificial intelligence (AI) market, highlighting growth drivers, restraints, and opportunities. The study also outlines the most relevant projects, as well as some representative contracts. Further, the study points out some key compa...

Generative AI (GenAI) has garnered huge interest and holds great promise for optimizing business operations by automating routine tasks, streamlining workflows, and providing intelligent insights that improve efficiency, quality, and performance. Ongoing innovation in artificial intelligence (AI) has introduced GenAI with far-reaching implicatio...