Advanced Electronic Technologies for the Intelligence Community Market to Reach US$ 35 Bn by 2023
The global advanced electronic systems for intelligence community markets are undergoing major shifts. Attacks on major countries and key regions of Middle East and Africa, Europe and Asia have shook the intelligence community, where further growth in such instances is anticipated with emergence in power of adversaries. Markets that were once dominated by North America and West Europe is moving towards East. Rapid developments in ICT technologies are further creating newer opportunities in the advanced electronic systems in intelligence community for intelligence community market.
The overall advanced electronic technologies for the intelligence community market is highly driven by the rising expenditure worldwide over defense and intelligence organizations. Many national governments are now more inclined towards installing advanced surveillance and analytics solutions so as to monitor and predict threats to their nations. Due to significant threat from terrorists’ attacks across different countries, the demand for better surveillance, communication analytical solutions is expected to soar substantially during the forecast period. Rising threat of cybercrime is another major factor fueling the market growth.
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