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Research and Markets: Executive Analysis of IT Opportunities in Indian Defense Market
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets
(http://www.researchandmarkets.com/research/0b77be/executive_analysis) has announced the addition of Frost & Sullivan's new report "Executive Analysis of IT Opportunities in Indian Defense Market" to their offering.
This report provides a detailed examination of major market trends and opportunities as well as key market drivers and restraints. Frost & Sullivan's expert analysts thoroughly examine the following: combat systems, namely networking and telecom systems, C4I systems, surveillance and radar systems, training and simulation systems and non-combat systems including software systems for enterprise resource planning (ERP), supply chain management (SCM), product lifecycle management (PLM), enterprise asset management (EAM), human capital management (HCM), and maintenance, repair, and overhaul (MRO).
Report Hightlights:
- The increasing use of information technology (IT) for secure and real-time communication and efficient human and machine management in the armed forces presents a tremendous growth opportunity for the Indian IT sector.
- The armed forces modernization program will drive growth through direct as well as offset opportunities. Modernization of the forces aims to equip the futuristic individual soldier with hand-held computing devices, encrypted communication, thermal sensors, and night vision devices.
- Between 2011 and 2015, India's defense budget is expected to grow at more than 8 per cent year-on-year. India is projected to spend approximately $54 billion on foreign arms and equipment procurements, which will also generate offset opportunities worth $18 billion.
- While the IT opportunities in the Indian defense market are expected to witness robust growth over the forecast period, bureaucratic and procedural delays, as well as high customization requirements will restrain the rate of market growth.
Market Sectors Covered:
- Combat systems
- Networking & telecom systemsC4I systems
- Surveillance & radar systems
- Training and simulation systems
- Programmes like F-INSAS)
- Non-combat systems
- Software systems for enterprise resource planning (ERP)
- Supply chain management (SCM)
- Product life cycle management (PLM)
- Enterprise asset management (EAM)
- Human capital management (HCM)
- Maintenance repair and overhaul (MRO)
- Defence logistics
For more information visit http://www.researchandmarkets.com/research/0b77be/executive_analysis
CONTACT:
Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).
(c) 2012 M2 COMMUNICATIONS
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