2014-01-29 10:03:01 - Defense Spending: Global Industry Guide - a new market research report on companiesandmarkets.com
Global defense spending had a total budget allocation of $1,609.1bn in 2012, representing a compound annual growth rate (CAGR) of 4.4% between 2008 and 2012.
Personnel numbers increased with a CAGR of 0.1% between 2008 and 2012, to reach a total of 17.4 million personnel in 2012.
The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.2% for the five-year period 2012 - 2017, which is expected to drive the market to a value of $1,880.7bn by the end of 2017.
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