The Global Next Generation IT Market is expected to reach US$ 5.7 Bn in 2018. The market for Next Generation IT in Aerospace and Defence expected to witness growth of 4% over the forecast the period 2018-2028 as the number of applications, as well as threats, is increasing. During the period 2018-2028, Global Next Generation IT in Aerospace and Defence demand will be growing at a steady rate owing to geopolitical rivalry and regional tension is increasing. Demand in emerging national markets such as India, China and Russia will be mixed, particularly as economic growth fails to accelerate and the effects of oil price restraint and Western sanctions bite into the latter. Geopolitical rivalry and regional tension will demand more comprehensive capabilities across the board, driving growth in the Global Next Generation IT in Aerospace and Defence market | |
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