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Electronic Warfare Spending to Grow to $19 Billion, says Strategy AnalyticsBOSTON, Nov. 24, 2015 /PRNewswire/ -- Trends driving spending on the Electronic Warfare (EW) sector will be underpinned by the need to control an ever increasing complex spectrum environment, countering modern frequency agile radar systems and network-based IP-centric communications in conventional symmetric warfare scenarios, as well as combatting asymmetric threats from improvised explosive devices: The Strategy Analytics Advanced Defense Systems (ADS) forecast, "Global Electronic Warfare Market Forecast: 2014 - 2024," forecasts spending on global electronic warfare systems and services will grow to over $18.7 billion in 2024, representing a CAGR of 3.7%. The Global Electronic Warfare Market Forecast: 2014 - 2024 forecast data model looks at the total electronic warfare (EW) sector comprising electronic attack (EA) and electronic warfare support (EWS) systems, and electronic protection (EP) support services.
Strategy Analytics' analysts will be available at the 52nd Annual AOC International Symposium and Convention to discuss trends and outlook for electronic warfare markets. About Strategy Analytics Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com European Contact: Asif Anwar, +44(0) 1908 423 635, [email protected] US Contact: Eric Higham, +1 617 614 0721, [email protected] Logo - http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/electronic-warfare-spending-to-grow-to-19-billion-says-strategy-analytics-300183022.html SOURCE Strategy Analytics |