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CNN Academy’s New ‘Micro-Documentaries’ Sound the Climate Alarm for Global South at COP29

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The Rockefeller Foundation supported specialized training by CNN Academy to amplify diverse voices, teach, and promote accurate and impactful reporting

BAKU, Azerbaijan , Nov. 12, 2024 /PRNewswire/ — As part of Human Development, Children and Youth, Health, and Education Day at the United Nations Climate Change Conference in Baku, Azerbaijan (COP29), a new series of micro-documentaries highlighting the effects of the climate crisis and its disproportionate impact on the Global South has been released, spearheaded by the CNN. From dwindling ecosystems to rising water levels and vanishing flora, emerging journalists from Bangladesh, Colombia, Egypt, Kenya, India, Indonesia, Mexico, Nepal, Nigeria, Sierra-Leone, South Africa, the Philippines, and Vietnam have captured and crafted stories of the communities and environments most affected by climate change. This collection of short films is one result of specialized training by CNN Academy, supported by The Rockefeller Foundation, to amplify diverse voices and teach and promote accurate and impactful reporting through the Global South Climate Storytelling program.

The stories were created over the course of seven months, during which time each of the participants was guided by a CNN mentor. Mentors provided insights on researching, storyboarding, capturing and editing to ensure the stories were engaging and would appeal to and connect with a vast, international audience. CNN Academy trainers and specialists from across the globe also provided instruction on mobile journalism and self-filming which was complemented with advice on tracking, scriptwriting, and vocal training to enhance the rich visuals with a strong audio narrative.

Becky Anderson, Anchor & Managing Editor, CNN Abu Dhabi, said: “We have been privileged to play a part in honing the already remarkable skills of this group of young storytellers via our CNN Academy initiative. To see these powerful, deeply authentic films informed by some of that training and mentorship gives us an enormous sense of pride, as well as a feeling of confidence that the future of journalism is in good hands with talented, passionate storytellers such as these.”

While these videos were created by storytellers working independently, upon completion all were subject to rigorous levels of scrutiny from CNN’s legal, standards & practices, and fact-checking teams before they were approved for publication.

Kostas Oikonomou Vice President, Content Sales and Licensing, CNN International Commercial, said “CNN Academy goes from strength to strength with key partners around the world, upskilling emerging talent and underpinning vital points of journalism, including how the climate crisis affects the Global South. This is a valued collaboration with The Rockefeller Foundation which has a focus on reversing the climate crisis and shares CNN Academy’s aim of empowering upcoming journalists.”

Eileen O’Connor, Senior Vice President for Policy & Advocacy, The Rockefeller Foundation, said: “As part of CNN Academy, The Rockefeller Foundation is proud to support young storytellers, empowering them to report on the greatest existential threat of our time: climate change. By amplifying voices and perspectives from regions that often go unseen and unheard, as well as providing access to world-class experts and trainings, we are investing in a new generation of journalists. You can see in their stories how committed they are to inspiring climate action in the areas of the world that need it most.”

CNN Academy Global South Storytellers:
Participants from the CNN Academy Global South Climate Storytelling program share their reflections on the impact of climate change and the importance of amplifying their communities’ voices through storytelling:

“From the CNN Academy, I learnt more than storytelling techniques. I equipped myself with a new understanding of communication that now translates into all spheres of my life. My mentor brought an incredible depth of knowledge and practical insights, creating an environment where I felt empowered to push boundaries unlike before. Great ideas were suddenly more possible. My experience with CNN Academy has been transformative, pushing me to elevate my skills and creativity. Each session was a unique deep dive into the practicalities and nuances of creating compelling, impactful content that could resonate with a global audience.” ― Ben Pama, South Africa “Being selected as part of the program and getting a chance to learn from globally renowned journalists has been impactful to my career. It was a privilege and a great experience working with my assigned mentor Ladan Anoushfar, tapping from her wealth of knowledge and basking in her guidance helped take the documentary from an idea to the finished product. My takeaway from the CNN Academy is that journalism can be an intersection between factual reporting and human stories, with documentary being a strong medium to show this intersecting ability. And I certainly will be producing more documentaries moving forward.” ― Blessing Kure, Nigeria “My CNN Academy experience is a wonderful testament of resourcefulness and creativity. Despite the challenges of writing, filming and producing on my own, I pushed through and was able to produce a wonderful piece of climate storytelling. Working with Luke Henderson and Jon Jensen as my mentors for my CNN Academy short documentary really pushed my creativity forward. Not only did I learn new things about storytelling, I also learned to embrace feedback for a meaningful collaboration. CNN Academy taught me to be independent and to never doubt myself with the task at hand.” ― Breech Asher Harani, the Philippines“Participating in this program was an enriching experience that will stay with me throughout my entire career. I gained valuable skills in every detailed aspect of journalism, making it both an enjoyable and impactful journey. My mentor played a crucial role in helping me explore in depth the themes of my documentary, enhancing its quality and depth. Huge thanks to everyone who designed and supported this journey—it was a truly rich and comprehensive experience filled with essential knowledge that I’ll carry forward in my life.” ― Doaa Fareed, Egypt“My experience working on the climate story for the CNN Academy was transformative. The supportive tutors were very instrumental to making the mini-documentary a success. Thanks to Luke Henderson and my mentor, Brandon Miller for guiding me and expanding my approach to human interest stories. The Academy gave me the opportunity to connect with like-minded colleagues. A key impact of my work was featuring a six-year-old boy who, with help from an Albanian friend I met in China, is now back in school after facing educational barriers.” ― Eric Kawa, Sierra-Leone“It was great being in a room full of journalists and environmental activists from all corners of the global south. While all countries had some of the same structural issues, they also had unique local challenges that were interesting to learn about. It was the perfect environment to develop storytelling skills that showed us how we can translate local issues to global concerns that everyone should be paying attention to.” ― Esha Mitra, India“For me, it was a once-in-a-lifetime experience to be able to work with dedicated, ambitious, and inspiring individuals from across the Global South countries under the mentorship of a prestigious network such as CNN, where we were given the resources and platform to be able to maximize our skills and work through outside-the-box opportunities to create an impactful story that would then inspire others. Being able to connect with these individuals coming from countries with similar backstories and challenges, we were given the bond to create something remarkable under the guidance of CNN that lasted not only in the two weeks that we were in Abu Dhabi, but throughout the journey of our documentary process, and even beyond.” ― Karina Basrewan, Indonesia“My experience at the CNN Academy helped me to be part of a community of storytellers dedicated to shedding light on climate change. I also really enjoyed the climate simulation training module. The sheer amount of details the organisers put into creating an entire virtual world for the simulation was truly fascinating. As I started to work on my report, my mentors pushed me to challenge myself, to help me bring my report to life. Every single feedback from them helped to bring new perspectives to the report and helped me to better narrate the climate story.” ― Krithiga Narayanan, India“Driven to build my capacity as a climate storyteller at a time when it’s more important than ever, the CNN Academy Climate Reporting program equipped me with the tools and networks to become a voice that makes a real difference. Through the immersive, realistic simulations crafted by the CNN team, which kept us on our toes, I gained a deep understanding of what it takes to deliver narratives that not only convey the truth but also bring audiences closer to lived realities, helping them truly go there.” ― Ledama Masidza, Kenya“Being selected for the CNN Academy Climate Storytelling Program from 15,000 applicants, receiving training, and producing stories under CNN mentors has been an unforgettable journey in my life….Sessions with senior journalists were a highlight of the experience. I remember training with CNN Executive Editor Ram Ramgopal and CNN International Correspondent Jomana Karadsheh; their sessions were truly enlightening… My understanding of storytelling has transformed since joining CNN Academy. I now view events and stories differently, with a focus on crafting them in a beautiful, engaging way…To those considering CNN Academy: this is a golden opportunity. Here, you’ll learn powerful storytelling techniques that will serve you throughout your journalism career.” ― Md Ibrahim Khalilullah, Bangladesh“The CNN Academy was an incredible opportunity to learn directly from journalism experts I admire from around the world. My peers in the program have also become a valuable network and a lasting source of inspiration. This mentorship program personally opened the doors to video journalism, inspiring me to incorporate more video into my climate reporting. Since then, I’ve enrolled in video editing courses and have been experimenting with video storytelling in diverse settings, from the Arctic to UN conferences —seeking impactful ways to communicate the realities of the climate crisis.” ― Pamela Elizarrarás Acitores, Mexico“This was a unique opportunity to learn from a renowned anchor like Bill Weir himself and other CNN journalists from around the world who helped me shape a story in a usually underreported topic like the effects of climate change in Colombia, through this specific case of disappearing islands… One of the things I value the most apart from this final result, which I am very proud of, and a few professional opportunities that came from it, is the people I met. I would’ve never had the opportunity to meet such ambitious and talented young journalists/storytellers without this program. I’ll forever have this experience in my heart and be grateful for this time that trained me to tell but also to learn from all the climate change impacts every corner of the world is facing and how some amazing individuals or initiatives are taking matters into their own hands and doing something about it.” ― Salomé Saldarriaga Jiménez, Colombia“I consider the short climate change story that I got to produce afterwards under CNN mentors as a turning point of my career. It’s a once in a lifetime opportunity to get to learn from so many seasoned international journalists. The icing on the cake was making friends from diverse places and expanding my professional network. Forever grateful.” ― Sarah Sapsanamma Rai, Nepal“I wish I had studied at the CNN academy before I started out my career as a journalist, but it’s never too late to surprise myself. The academy trainers and organizers offered world-class education and hands-on training opportunities that I think will be hard to beat. My mentors were absolutely phenomenonal – their no-nonsense approach and brutally necessary feedback were exactly what I needed to become a better filmmaker and journalist. My documentary about coconut nectar as a solution to saltwater intrusion in Vietnam’s Mekong Delta is a humble example of me learning from the best. The academy set the standard high for me to continue reporting on the delta which is arguably one of the most representative climate change stories in Vietnam and the Global South more broadly. I used to struggle to come up with a name when asked whom I look up to in film making and climate reporting. Happy to say that’s no longer the case.” ― Sen Nguyen, Vietnam

The full collection of work from the Global South Climate Storytelling program can be watched at cnn.com/world/cnn-academy. For more information see academy.cnn.com

About CNN Academy
CNN Academy is designed to empower and upskill the next generation of journalists. It builds on a long tradition established by CNN’s founder, Ted Turner, to train and nurture future talent by developing skills, forging links, and opening doors. From Dublin to Kuala Lumpur, we bring the newsroom to the classroom by connecting participants with CNN’s top correspondents and teaching them what it takes to be a successful multimedia journalist. For more information, visit: http://academy.cnn.com

About The Rockefeller Foundation
The Rockefeller Foundation is a pioneering philanthropy built on collaborative partnerships at the frontiers of science, technology, and innovation that enable individuals, families, and communities to flourish. We make big bets to promote the well-being of humanity. Today, we are focused on advancing human opportunity and reversing the climate crisis by transforming systems in food, health, energy, and finance. For more information, sign up for our newsletter at www.rockefellerfoundation.org/subscribe and follow us on X @RockefellerFdn and LI @the-rockefeller-foundation.

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5-Axis CNC Machining Centers Market to Grow by USD 792.5 Million (2024-2028), Driven by Self-Optimized Cutting, AI Transforming Market Landscape – Technavio

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November 25, 2024

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NEW YORK, Nov. 25, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global 5-axis CNC machining centers market size is estimated to grow by USD 792.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.09%  during the forecast period. Self-optimized machine cutting is driving market growth, with a trend towards reduction of changeover time for 5-axis cnc machines. However, highly capital-intensive market  poses a challenge.Key market players include DMG MORI Co. Ltd., Doosan Corp., FANUC Corp., Gebr. Heller Maschinenfabrik GmbH, GF Machining Solutions AG, GROB WERKE GmbH and Co. KG, Haas Automation Inc., Hardinge Inc., Hurco Companies Inc., Hyundai Motor Co., JTEKT Corp., Jyoti CNC Automation Ltd., Makino Inc., Maschinenfabrik Berthold Hermle AG, Mitsubishi Electric Corp., Okuma Corp, SCM GROUP Spa, Siemens AG, Starrag Group, and Yamazaki Mazak Corp..

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5-Axis Cnc Machining Centers Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.09%

Market growth 2024-2028

USD 792.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.64

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 42%

Key countries

US, China, Germany, Japan, and France

Key companies profiled

DMG MORI Co. Ltd., Doosan Corp., FANUC Corp., Gebr. Heller Maschinenfabrik GmbH, GF Machining Solutions AG, GROB WERKE GmbH and Co. KG, Haas Automation Inc., Hardinge Inc., Hurco Companies Inc., Hyundai Motor Co., JTEKT Corp., Jyoti CNC Automation Ltd., Makino Inc., Maschinenfabrik Berthold Hermle AG, Mitsubishi Electric Corp., Okuma Corp, SCM GROUP Spa, Siemens AG, Starrag Group, and Yamazaki Mazak Corp.

Market Driver

Five-axis CNC machining centers are advanced manufacturing solutions that offer precision, adaptability, and efficiency for industrial operations. These systems utilize linear axes for X, Y, and Z movements, as well as rotating axes for A and B, enabling multi-sided machining of complex parts. Trends in this market include the medical industry’s demand for high-precision components, aerospace and defense’s need for lightweight structures, and hybrid manufacturing combining subtractive processes with additive technologies. CNC programming, toolpath optimization, and specialized training are essential for effective operation. Precision engineering sectors, such as aerospace, automotive, and medical, benefit from the ability to produce complex geometries with minimal setup times and cycle time. Real-time monitoring, smart instruments, and multifaceted tools ensure manufacturing efficiency and quality improvement. Vertical machining centers and horizontal machining centers cater to various industries, including petroleum, metal fabrication, commercial aviation, military systems, electric vehicles, and general machinery. Industrial robots further enhance manufacturing processes by automating material handling and labor safety. Five-axis technology’s adaptability and precision make it an indispensable part of modern manufacturing processes, driving innovation in various industries. 

The 5-axis CNC machining centers market is experiencing increased demand due to the significance of reducing changeover times to enhance productivity. Changeover time, the interval between the completion of one workpiece and the setup of the next, significantly impacts productivity negatively. To mitigate this issue, manufacturers are focusing on trends such as parallel operation. During parallel operation, workpieces are prepared in separate working areas while the CNC machine executes an operation on another workpiece. This approach reduces idle time and ultimately boosts productivity, making 5-axis CNC machines an attractive investment for businesses. 

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 Market Challenges

The 5-axis CNC machining centers market is witnessing significant growth due to the increasing demand for advanced machining systems in various industries. Precision and adaptability are key factors driving this trend, as these systems enable the production of complex parts with high precision and efficiency. Industrial operations in sectors like aerospace, defense, medical, and automotive require intricate components with minimal setup times and optimal cycle times. Linear axes and rotating axes enable multi-sided machining, reducing the need for multiple setups and increasing manufacturing efficiency. The medical industry and high-precision components sector particularly benefit from this technology, as do industries producing complex geometries for applications in fields like aerospace and defense. Challenges in this market include the need for specialized training, toolpath optimization, and CNC programming. Hybrid manufacturing, combining subtractive processes with additive manufacturing, is a potential solution. Vertical and horizontal machining centers, industrial robots, and smart instruments are essential tools in this advanced manufacturing landscape. Safety, real-time monitoring, and cutting parameters are crucial considerations for labor safety and quality improvement. Changeover time, material handling, and manufacturing process optimization are also essential aspects of this dynamic market. The future of 5-axis CNC machining centers lies in advanced manufacturing solutions, incorporating the latest technology to meet the demands of diverse industries.The 5-axis CNC machining centers market is a significant investment for manufacturers, with raw materials accounting for approximately 48% of the overall manufacturing cost. Raw material prices, including iron, steel, aluminum, brass, and copper, significantly impact market profitability. Fluctuations in these prices necessitate frequent adjustments to pricing strategies, adding to operational expenses. Furthermore, workforce training and consultant hiring add to the financial burden. The need for continuous technological advancements also increases research and development costs, contributing to the market’s high manufacturing costs.

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Segment Overview 

This 5-axis cnc machining centers market report extensively covers market segmentation by  

End-user 1.1 Automotive1.2 Aerospace1.3 Metal fabrication1.4 OthersProduct 2.1 Vertical 5-axis CNC machining centers2.2 Horizontal 5-axis CNC machining centersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Automotive-  The global automotive industry is experiencing significant changes due to regulatory framework updates, technological advancements, and evolving customer preferences. OEMs are responding by launching new vehicle categories, such as micro-SUVs and mid-size pickup trucks, to cater to diverse customer segments. Strict emission regulations and fuel efficiency standards are pushing automakers to adopt advanced manufacturing technologies, including 5-axis CNC machining centers. These systems enable cost-effective production of automotive parts and components with high precision. Despite the popularity of 3-axis machining, 5-axis CNC systems are increasingly preferred for turning and milling operations. The increasing demand for automobiles, particularly in oil-importing countries like India and China, will drive the growth of the 5-axis CNC machining centers market in the forecast period. The low gasoline prices are also fueling investment in the automotive sector, leading to higher adoption of these advanced manufacturing technologies.

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Research Analysis

The 5-axis CNC machining centers market represents the latest evolution in advanced machining systems, offering unparalleled precision and adaptability for industrial operations. These systems enable the production of complex parts with intricate geometries, reducing setup times and increasing efficiency. 5-axis machining centers utilize both linear axes for X, Y, and Z movements, as well as rotating axes for B and C movements, allowing for multi-sided machining. Industries such as medical, aerospace, petroleum, and metal fabrication benefit greatly from these high-precision components. Hybrid manufacturing, combining 5-axis machining with other processes like additive manufacturing, further expands the capabilities of these systems. Vertical and horizontal machining centers are common types, each with their unique advantages. Cycle time and material handling are critical factors in optimizing manufacturing processes, while quality improvement and changeover time are essential for maintaining competitiveness. Computer Numerical Control (CNC) technology ensures precise tool movement, and the manufacturing process is streamlined through efficient setup and production processes.

Market Research Overview

The 5-axis CNC machining centers market encompasses advanced machining systems designed for manufacturing complex parts with high precision and adaptability. Industrial operations rely on these systems to produce intricate components with minimal setup times and increased manufacturing efficiency. 5-axis technology incorporates linear axes for X, Y, and Z movements, as well as rotating axes for B and C axes, enabling multisided machining and manufacturing of complex geometries. Industries such as medical, aerospace and defense, petroleum, and automotive benefit from the production of high precision components using these systems. Hybrid manufacturing, subtractive processes, and CNC programming are integral to the manufacturing process, requiring specialized training for operators. Real-time monitoring, toolpath optimization, and smart instruments enhance the production process, reducing cycle time and changeover time. Vertical and horizontal machining centers cater to various industries, including aerospace, defense, commercial aviation, electric vehicles, and general machinery. The integration of industrial robots and advanced manufacturing solutions further streamlines manufacturing processes, ensuring labor safety and quality improvement.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userAutomotiveAerospaceMetal FabricationOthersProductVertical 5-axis CNC Machining CentersHorizontal 5-axis CNC Machining CentersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Modal Signs Strategic Collaboration Agreement with AWS to Deliver Accelerated Generative AI Solutions

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54 minutes ago

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November 25, 2024

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NEW YORK, Nov. 25, 2024 /PRNewswire/ — Modal, a serverless compute platform designed for AI workloads, today announced it signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to help businesses — from startups to enterprises — develop and deploy artificial intelligence (AI) products faster through its purpose-built platform for graphics processing unit (GPU)-accelerated workloads.

Modal’s platform enables AI teams to quickly spin up GPU-enabled containers in as little as one second, facilitating rapid iteration and seamless autoscaling for production workloads. By leveraging the security, resiliency, and scalability of AWS, Modal has experienced rapid growth, attracting generative AI startups seeking flexible, powerful compute without the need for long-term commitments or extensive infrastructure management.

“We’re excited to deepen our collaboration with AWS, as their infrastructure empowers us to better serve the growing ecosystem of AI companies,” said Erik Bernhardsson, founder and CEO of Modal. “Together, we aim to accelerate the development and deployment of the next generation of AI applications by providing a seamless, scalable platform that works with the AWS services our customers already rely on.”

Modal’s platform abstracts away the complexities of GPU infrastructure management, allowing AI teams to focus on building innovative solutions. By combining Modal’s seamless developer experience with the breadth and depth of AWS services, customers can leverage the best of both worlds – a purpose-built platform for AI workloads backed by the proven scalability, performance, and security of AWS.

Mike Cohen, Head of AI & ML Engineering at Substack, a Modal customer, shared, “Our ML team loves Modal because it accelerates research and development, and deployment, while seamlessly integrating with our AWS-based infrastructure. This strategic collaboration will make it easier for us to build even more ambitious machine learning (ML) and AI features in the future.”

“At AWS, we’re committed to supporting innovative companies that drive technological advancement and address critical customer needs,” said Jon Jones, Vice President and Global Head of AWS Startups. “Modal’s traction in providing flexible, scalable, and immediate access to GPU resources for AI companies is impressive. We believe Modal’s offering has the potential to empower many leading AI companies to build and scale their solutions more effectively. We look forward to working closely with Modal to help them deliver positive outcomes for their customers.”

This collaboration underscores the value of Modal and AWS to provide flexibility and unlock greater business value for customers across industries. As part of this collaboration, Modal will enhance its enterprise offering, including listing in AWS Marketplace and investing in technical integrations like AWS PrivateLink, to better serve customers with specific security and privacy requirements. Modal will also showcase its container technology for AI at AWS re:Invent in December 2024.

For more information please visit: https://modal.com/

Media Contact: press@modal.com

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Defense IT Spending Market to Grow by USD 23.53 Billion (2024-2028), Driven by Autonomous Systems Development, Market Evolution Powered by AI – Technavio

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54 minutes ago

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November 25, 2024

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NEW YORK, Nov. 25, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global defense IT spending market  size is estimated to grow by USD 23.53 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.49%  during the forecast period. Development of autonomous systems is driving market growth, with a trend towards adoption of artificial intelligence (AI) and machine learning (ML). However, issues related to digital sovereignty  poses a challenge.Key market players include Accenture Plc, Amazon.com Inc., BAE Systems Plc, CRON AI, Cubic Corp., CyAmast Pty Ltd., Dell Technologies Inc., General Dynamics Corp., Hewlett Packard Enterprise Co., Holo Light GmbH, International Business Machines Corp., Kratos Defense and Security Solutions Inc., Leidos Holdings Inc., ManTech International Corp., Microsoft Corp., Northrop Grumman Corp., Oracle Corp., Pennant International Group PLC, Science Applications International Corp. Inc., and Palantir Technologies Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Service, Software, and Hardware), Application (Cyber security, IT infrastructure, Logistic and asset management, and Others), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)

Region Covered

North America, APAC, Europe, Middle East and Africa, and South America

Key companies profiled

Accenture Plc, Amazon.com Inc., BAE Systems Plc, CRON AI, Cubic Corp., CyAmast Pty Ltd., Dell Technologies Inc., General Dynamics Corp., Hewlett Packard Enterprise Co., Holo Light GmbH, International Business Machines Corp., Kratos Defense and Security Solutions Inc., Leidos Holdings Inc., ManTech International Corp., Microsoft Corp., Northrop Grumman Corp., Oracle Corp., Pennant International Group PLC, Science Applications International Corp. Inc., and Palantir Technologies Inc.

Key Market Trends Fueling Growth

Defense IT spending continues to grow as Defense Forces, Homeland Security, and Paramilitary Forces prioritize modernization. Key areas of focus include Cybersecurity to protect National defense data from Cyberattacks, Communication Systems for Secure communications, and Intelligence Technologies for data analysis. IT Infrastructure, Cloud Computing, and Software solutions are essential for Defense operations and Military Capabilities. Geopolitical Tensions fuel the demand for advanced IT Solutions such as 5G, Artificial Intelligence, and Autonomous Systems. Defense IT systems require Cutting edge technologies like Decision science platforms, Sensor systems, Actuators, and Control systems for Battlefield management in a Network centric environment. IT Spending on hardware, services, and IT technologies for Unmanned Systems, Smart weapons, and Virtual/Augmented Reality technology also increase. Government Policies and Defense Modernization initiatives drive investments in Healthcare IT, IoT analytics, and Military infrastructures. Overall, Defense IT spending remains a critical area of investment for enhancing Military capabilities and responding to evolving threats. 

The global defense IT spending market is witnessing a significant increase in the adoption of artificial intelligence (AI) and machine learning (ML) technologies. These innovations are gaining popularity among governments and defense organizations due to their potential to bolster military capabilities, streamline decision-making processes, and fortify national security. Autonomous systems, such as robotic systems, unmanned vehicles, and drones, are among the primary applications of AI and ML in the defense sector. These systems, which operate without human intervention, can carry out essential military tasks, including target detection, surveillance, reconnaissance, and combat operations. The integration of AI and ML in defense IT spending is a strategic investment for enhancing military readiness and effectiveness. 

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Market Challenges

Defense IT spending continues to grow as Defense Forces, Homeland Security, and Paramilitary Forces invest in advanced IT solutions to enhance their capabilities. Challenges include securing cybersecurity for national defense data and secure communications. IT infrastructure, cloud computing, and data analytics are key areas of focus. Defense IT systems require the latest software, hardware, and services to support defense operations and military actions. Geopolitical tensions increase the need for modernization, with IT spending on intelligence technologies, 5G, artificial intelligence, and autonomous systems. Cyberattacks threaten defense IT infrastructure, making cybersecurity a top priority. IT technologies like sensors, VR/AR technology, and IoT analytics support battlefield management and decision-making in a network centric environment. Defense IT spending also covers healthcare, unmanned systems, and military infrastructures. Smart weapons, actuators, control systems, and flight simulators are essential for military readiness. Government policies and defense modernization initiatives drive IT investments in defense IT systems and IT technologies. Overall, defense IT spending is critical for maintaining military capabilities and staying ahead of the curve in the digital transformation.In the defense sector, the increasing use of digital technology, including augmented reality, necessitates prioritizing data privacy and protection from cyber threats. However, the involvement of cross-border data transfers in defense IT spending poses challenges due to the need for digital sovereignty. Dependency on foreign technology providers for IT systems and infrastructure can limit ownership and control over military capabilities, potentially jeopardizing digital sovereignty. Developing domestic defense IT capabilities is essential to maintain digital sovereignty, but it requires a significant investment of time and resources.

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Segment Overview 

This defense it spending market report extensively covers market segmentation by

Type1.1 Service1.2 Software1.3 HardwareApplication 2.1 Cyber security2.2 IT infrastructure2.3 Logistic and asset management2.4 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Service-  The global defense IT spending market encompasses various service segments catering to defense organizations’ unique IT needs. These segments include Consulting Services, Systems Integration, Application Development and Maintenance, Managed Services, Cybersecurity Services, Training and Support Services, and Data Analytics Services. Military firms rely on Consulting Services for strategic advice on digital transformation, cybersecurity, data analytics, and technology adoption. Systems Integration ensures seamless communication and interoperability by integrating defense IT systems, tools, and software. Application Development and Maintenance create and manage specialized software applications for defense companies. Managed Services outsource IT tasks to vendors for cost savings and productivity gains. Cybersecurity Services protect critical infrastructure and private military data from cyber threats. Training and Support Services optimize IT system usage and performance. Data Analytics Services extract valuable insights from defense data for informed decision-making and operational efficiency improvements. These essential services enable defense organizations to adapt to technology landscapes, enhance capabilities, and drive the growth of the defense IT spending market.

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Research Analysis

The Defense IT Spending market is a critical sector that continues to evolve, driven by the increasing demand for advanced technologies to support Defense Forces, Civilian Forces, Homeland Security, and other government agencies. This market encompasses various domains, including Cybersecurity, Communication Systems, Intelligence Technologies, IT Infrastructure, Cloud Computing, Data Analytics, and more. Cutting-edge technologies such as Cybersecurity solutions, 5G networks, Artificial Intelligence (AI), Autonomous systems, and Internet of Things (IoT) analytics are increasingly being adopted to enhance security, improve communication, and optimize decision-making in a network centric environment. Additionally, Defense IT infrastructure supports the development of Smart weapons, Battlefield management systems, Decision science platforms, and Healthcare solutions. Communication Systems enable secure and reliable communication between forces, while Intelligence Technologies provide real-time data analysis and actionable insights. VR/AR technology, Flight simulators, and Sensors are also integral to the Defense IT Spending market, enabling advanced training and simulation capabilities. Overall, this market is undergoing a digital transformation, with a focus on integrating the latest technologies to enhance operational effectiveness and improve mission success.

Market Research Overview

The Defense IT Spending market is a critical sector that focuses on providing advanced IT solutions to Defense Forces, Homeland Security, and Paramilitary Forces worldwide. This market encompasses various IT sectors, including Cybersecurity, Communication Systems, Intelligence Technologies, IT Infrastructure, Cloud Computing, Data Analytics, and more. Defense IT systems are essential for military capabilities, ensuring secure communications, battlefield management, and decision-making in a network centric environment. The market is driven by Geopolitical Tensions, Defense Modernization, and Government Policies, leading to increased IT Spending on cutting-edge technologies such as 5G, Artificial Intelligence, Autonomous Systems, and Digital Transformation. Cybersecurity is a significant concern, with Defense Forces and National Defense Data at risk from cyberattacks. IT Solutions in this sector include Software, Hardware, and Services to protect against threats and ensure secure data transfer. Communication Systems, including sensors, actuators, and control systems, are crucial for military operations, while Unmanned Systems and VR/AR technology provide advanced training capabilities. Defense IT infrastructure also includes IT technologies for healthcare, military infrastructures, and IoT analytics for military actions. Smart weapons, sensors, and actuators are integral components of defense operations, while IT technologies such as flight simulators and battlefield management systems enable effective military decision-making. Overall, the Defense IT Spending market is a dynamic and evolving sector that continues to adapt to the changing needs of defense organizations worldwide.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeServiceSoftwareHardwareApplicationCyber SecurityIT InfrastructureLogistic And Asset ManagementOthersGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

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SOURCE Technavio

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