Albany, NY -- (SBWIRE) -- 11/20/2018 -- ResearchMoz.us has announced the addition of a report, titled "Aerospace and Defense Technology: Big Data, Cybersecurity, 3D Printing and Block Chain tech are the emerging defense trends of 2018 and beyond". The comprehensive study on the global aerospace and defense technology market offers granular assessment of key growth dynamics, major end-industry adoption trends in these industries, and recent technology advances. The study takes a closer look at investment strategies by aerospace and defense (A&D) firms and weighs in the scope of disruptive technologies, block chain technology. The analysis also covers the impact of rising use cases of innovative technologies on the strategies adopted by A&D companies, especially in developing and developed regions.
The evolution of the aerospace and defense technology market is driven by the rising need for new and advanced methods for the production and the management of assets in these end-use industries. The rapid inroads being made by 3D printing, blockchain, and big data technologies in the two industries in various countries is a key factor driving the market. The constantly changing dynamics of modern warfare has also opened new avenues in cybersecurity in the defense industry.
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The drive for 3D printing or additive manufacturing technologies in the aerospace industry stems from the rising need for precision manufacturing technologies for the production of high specification engineering parts. The use of technology is gathering steam in these industries on account of the dramatic reduction of wastage.
In recent years, blockchain technologies are fast being mainstreamed and there have been some of their practical applications in the aerospace and defense industries. As companies all over the world explore the vast potential of these distributed ledger technologies, the aerospace and defense technology will witness new paradigms.
The rising concern about cybersecurity hacks in the defense infrastructure and defense hardware is a notable trend expected to open new paradigms in the market. Of the various areas, military hardware will witness substantial developments. The rising risk of cybersecurity attack that disrupt the network for infrastructure, hardware, and systems in the defense industry is boosting the market. The growing trend of information shares is also fueling the expansion of the market. The market is likely to benefit immensely from the growing focus of security companies on developing cybersecurity systems from complex attacks from attacks of the militaries of other countries as well as from independent state actors.
The rapid adoption of big data technologies to help in intelligence gathering and integrated military operations is a significant trend propelling the growth of the aerospace and defense technology market. The growing use of artificial intelligence and machine learning technologies in the aerospace and defense industry is boosting the market. Furthermore, A&D firms are exploring the potential of edge computing in connected devices, which will underpin the transformative potential of the market.
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