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DEMAND FOR RUGGEDIZED/INDUSTRIAL COMPUTER SYSTEMS TO REACH $1.9 BILLION BY 2006
16 June 2004 - Venture Development Corporation
| North American and Western European market demand for ruggedized/industrial computer systems is expected to grow at a compound annual growth rate of 4.4% between 2003 and 2006, according to a recent report by Venture Development Corporation, North American and Western European Market Demand for Ruggedized/Industrial Computer Systems. |
North American and Western European market demand for ruggedized/industrial computer systems is expected to grow at a compound annual growth rate of 4.4% between 2003 and 2006, according to a recent report by Venture Development Corporation, North American and Western European Market Demand for Ruggedized/Industrial Computer Systems. Through the late 90s, Communications showed the greatest demand for ruggedized computer systems. However, this market segment underwent a well-documented contraction between 2000 and 2004. The Communications market segment is now beginning to recover, but growth expectations through 2006 remain modest at 4.5%.
The latest VDC research forecasts that Defense & Aerospace markets will experience the highest growth rates, climbing 5.0% through 2006. Factors driving demand in Defense and Aerospace applications include:
The changing worldwide political environment, which has impacted defense budgets, particularly in regards to countries acquiring more weapons. Expanding use of computers, as controllers, in defense and aerospace systems.
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About: Venture Development Corporation
Venture Development Corporation (VDC) is an independent technology market research and strategy consulting firm that specializes in a number of industrial, embedded, defense and niche enterprise IT markets. VDC has been operating since 1971, when graduates of the Harvard Business School and Massachusetts Institute of Technology founded the firm. Today, we employ a talented collection of analysts and consultants who offer a rare combination of expertise in the market research process; experience in technology product and program management, and formal training in engineering and marketing. VDC's clients include thousands of the largest and fastest growing tech suppliers in the world and the most successful investors participating in the markets we cover. |
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