New York, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Industry Convergence Propels US Department of Defense Information Technology, 2020–2025" - https://www.reportlinker.com/p05989263/?utm_source=GNW


Contract activity for the 2019 calendar year is also included. The DoD IT 2021 budget request consists of the Army, Navy/Marine Corps, Air Force, and joint service spending plans (all of which are included). The base year for financial spending is 2019, and the market forecast is from 2020 to 2025. IT spending for the fiscal year 2021 DoD budget request is the foundation of this research. The 2021 DoD request may encounter opposition from both sides of the political aisle. The new research details the defense departments and agencies that offer the best opportunities for companies trying to enter the US defense market. The research includes market drivers and restraints that shed light on some budget numbers and will clarify why some projects and programs are given more importance. The study assists readers in understanding the focus of the US DoD and the services it is likely to require in the future. The market research was conducted through secondary and primary sources and combines both quantitative and qualitative information. Insights are provided on current and anticipated program spending and industry leaders, which will help firms identify growth opportunities and formulate go-to-market strategies to assist them with improving their relative market share. The purpose of this study is to highlight the US DoD’s IT spending and technology trends. The research includes market trends and future concepts that shed light on spending numbers and the importance of participating in certain projects and programs. While the market is mature, there are signs that steady growth and new concepts are ahead, and this report will outline and provide commentary regarding those signs. The objectives of this research are to: Analyze the current state of DoD IT contract activitiesUnderstand military operational trends driving the DoD IT marketUnderstand the commercial technology trends impacting DoD ITOutline some future objectives for DoD IT
Read the full report: https://www.reportlinker.com/p05989263/?utm_source=GNW

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