The global defense IT spending market size is expected to experience significant growth by reaching USD 110.89 billion by 2027 while exhibiting a CAGR of 4.38% between 2020 and 2027. This is attributable to the growing demand for secure communication that is likely to surge the defense IT spending capacity of several c

 

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Defense IT Spending Market Size, Share, Growth | Trends, 2027

The global defense IT spending market size was USD 81.28 billion in 2019. The global impact of COVID-19 has been unprecedented and staggering, with defense IT spending witnessing a negative impact on demand across all regions amid the pandemic.