Global Industry Almanac” worked out by MarketLine has been recently published at MarketPublishers.com. October 01, 2012
The worldwide defense spending market is forecast to grow from last year’s USD 1,540.7 billion to have a value of USD 1,694.8 billion by 2016-end, up 10% over 2011. In volume terms, the global defense spending market is forecast to be estimated at 11,709.6 thousand personnel in 2016, down 6% from 2011.
The largest segment of the global defense spending market is personnel, making up 43.8% of the market's total value.