Defense Market Set for Sustained Growth as Geopolitical Tensions...

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2026-08-20 09:58:40 -

Defense Market Set for Sustained Growth as Geopolitical Tensions and Technological Modernization Drive Global Spending

The global Defense Market is experiencing sustained growth, driven by escalating geopolitical tensions, a surge in military modernization programs, and the rapid adoption of advanced technologies. The market was valued at approximately USD 510 billion in 2025 and is anticipated to exceed USD 770 billion by 2032, registering a compound annual growth rate (CAGR) of 6.1% . According...

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