Global Defense Industry Executives Anticipate the Price of Technology to Increase at an Average of More Than 3% Over the Next Quarter, Says the New Study on ASDReports

Friday 5 September 2014, Amsterdam

This brand new report now available on ASDReports, is the result of an extensive survey drawn from an exclusive panel of leading global defense industry executives, analyzing the Intelligence, Surveillance and Reconnaissance (ISR) technologies’ market and investment outlook to 2017. Projecting key drivers and challenges influencing opportunities in the procurement of advanced ISR technologies and providing information about the change in demand – you will discover the preferred ISR types to account for the highest market share over the next three years!

The difference:

• Have a little confidence – Restructure your business operations with highlighted preferred approaches for ISR infrastructure development
• Know your Competition – Gain access to information about countries that are expected to offer significant defense ISR prospects over the next three years, supporting organizations to formulate expansion plans in a better way
• Keep one step ahead – The report forecasts the change in defense R&D budgets for advanced ISR technologies in 2014–2017

Report Highlight:
Use of technology transfers and collaborations is the most preferred way for the development of ISR infrastructure. According to survey results, 55% and 37% of respondents expressed their intention to develop ISR infrastructure through technology transfers and collaborations and ‘indigenous development’ respectively. Additionally, 33% of industry executives favored ‘procurement from organization/country’ to build ISR setup.
Regardless of company size classification, executives favor technology transfers and collaborations for ISR infrastructure development. Overall, 69%, 60%, and 53% of respondents from large, medium-sized, and small companies, respectively, prefer development of ISR setup through technology transfers and collaborations. Additionally, 44% and 40% of executives from large and small companies, respectively, intend to build ISR infrastructure through ‘indigenous development’. Moreover, 40% and 38% of respondents from medium-sized and large companies, respectively, voiced their preference towards ‘procurement from organization/country’ for ISR infrastructure development.