Spending is set to increase further for Cyber Security Security and defense
Investments in defense, safety and cybersecurity are expected to increase further on mounting threats, such as terrorism and international conflict.
"The danger to public safety from terrorist attacks, a fragile geopolitical situation, or threats from technology are among the key concerns of the public," the report said. The geopolitical environment, especially the situation in the Middle East, Syria and China Seas, "remains tense," it added.
Other examples highlighting the need for defense and security include Russia announcing it will deploy a hypersonic missile systemand a massive data breach at Marriott's Starwood Hotels database.
The protection of personal data is "high on the political agenda," and so investments in cybersecurity are likely to be a top priority for governments and corporations, according to the report.
"In addition, given the rapid technological change and interstate strategic competition — which have overtaken terrorism as the primary concern for US national security — defense spending is set to increase further, for instance in areas such as space, Artificial Intelligence, cyber or hypersonic technology," the report said.
https://www.cnbc.com/2019/05/02/investing-credit-suisse-says-global-trends-will-boost-these-sectors.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail