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Defense

Global Defense Expenditure Forecast: 2019 - 2029 (Data Model)



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Report Summary:

COVID-19 has caused supply chain disruptions in 2020 and we believe that defense spending will decline slightly as a result. This effect will be short-lived as global economies shake off COVID effects and increasing geopolitical tensions put defense spending back on an upward trajectory in 2021. A desire to increase internal capabilities, modernize forces and an evolution of philosophy will all contribute to increased defense spending. We forecast global defense spending will grow to reach an estimated $2.44 trillion in 2029.
Table of Contents

1. Title
2. Contents
3. Analysis
4. Comparison Analysis
5. Defense Spending Forecast
6. Historical Defense Spending
7. Procurement & Support
8. Forecast Comparison
9. Definitions
10. Methodology
11. How Can We Help You
12. Contacts
 

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