Global Cyber Warfare Market by Application (Aerospace, Government, Homeland, Corporate, Defense) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2016, the global cyber warfare market was worth USD 20.10 trillion, with a 18.5% CAGR over the forecast period. Due to the increased security threats posed by the cyberspace, both government and international organisations have been focusing on cybersecurity in recent years. This has raised many concerns about national security and prompted the urgent need to have a robust cybersecurity strategy. Therefore, the government, military, as well as other agencies, are involved in protecting its digital infrastructure, and devices connected to it, with the goal of deterring cyber-attacks.

The key driver for cyber warfare systems in all regions is expected to be an increase in defense spending. Market growth is also expected to be driven by the agenda of modernizing the government's IT infrastructure, improving existing facilities, and curbing cyber vulnerability.

Cyber-related threats are constantly changing due to technological advances in IT and cyber weapons' capabilities that can disrupt national security. Cyber-related threats are one of the most prevalent global risks. Cyber warfare has been identified as a major threat to the country, surpassing terrorism. It is important to mitigate economic losses caused by increasing cyber-attacks against countries.

Cyber warfare is a growing problem as the emerging nations move towards digitization. Different nations have increased cybersecurity spending and established units to combat cyber espionage. The market is expected to grow in the future due to increasing cybersecurity demand.

In the last few years, many industries have seen an increase in security breaches related to cyber espionage. Cyber-attacks have become more sophisticated, allowing hackers from other countries to exploit network security and gain access to sensitive information. In 2017, for example, the Australian Signals Directorate reported high-level, sensitive information breaches to include stolen Australian warplanes, navy ships, and subcontractor Adelaide Defense. "ATP ALF," a mysterious hacker, stole information about programs like the C-130 Hercules transport aircraft, F-35 Joint Strike Fighter Project, and the P-8 Poseidon maritime observation aircraft project. Before November 2016, the hacker had gained access to the system for over a month.

The U.S. Federal Government has taken many initiatives to combat cyber-attacks. It also constantly displays its cyber warfare capabilities in order to deter sophisticated attacks by potential adversaries. The government is currently building its cyber army. It proposed 133 teams to its "cyber missions force" between 2018 and 2027. Moreover, it engages in proactive training and development to military personnel in the U.S. Army Cyber Center of Excellence (CCoE) which is the U.S. Army's force modernization proponent for cyberspace operations, signal/communications networks, and information services. The market is expected to grow due to an increase in defense budgets to protect cyberspace and Federal networks from cyber-attacks.

Application Insights

It is expected that the defense application segment will continue to dominate, accounting for USD 5.96 trillion in 2016 and registering an 18.8% CAGR over the forecast period. Cyber risks have been a result of the dependence on information and communication technology in defense and military. To mitigate and deter the threat from a state hacker or nation, the defense sector has increased funding for cybersecurity units. The development of new technologies and Internet of Thing in defense will be the main driver for cyber warfare system application in defense sector. The defense sector will also benefit from the advancement of existing cybersecurity technologies and postures.

In recent years, the government has taken important steps to reduce cyber vulnerability. In 2016, the government application segment was worth USD 5.3 billion, growing at a CAGR 19.1% during the forecast period. The recent increase in sophistication and severity of cyber-attacks has prompted developed countries to adopt national cybersecurity strategies and build resilience.

Most nations' governments are reducing their security posture. NATO leaders recently made cyber defense a priority at the NATO Summit held in Warsaw, July 2016. This summit aimed to improve cyber defenses of national networks and infrastructures. In 2014, the French created the "Cyber Defense Pact", which provided a Euro 1billion to help prevent, detect, anticipate, and respond to cyber-attacks. The UK announced in 2016 a Euro 1.9billion investment to support its national cybersecurity program.

Regional Insights

North America is predicted to retain a large share of the market by 2025. The key drivers of regional demand are an increasing cyber defense budget, government efforts in protecting its digital infrastructure, as well as a focus on cybersecurity. The market growth is further driven by the establishment of cybersecurity teams and the deployment robust cybersecurity frameworks within the government, military, and defense sectors.

Asia Pacific will experience 21.1% growth between 2017 and 2025, according to estimates. There are potential growth opportunities in Asia Pacific for cyber warfare applications to grow. This is mainly due to key elements such as regulatory reforms implemented by governments to ensure cyber defense posture, rapid growth in developing countries and technological advances in cyberspace. The market will be driven by increasing cyber-attacks, which are a key factor in the allocation of defense budgets by different nations.

Market Share Insights & Key Companies

This market is somewhat fragmented, with major players like Boeing, General Dynamic Corporation and Lockheed Martin Corporation acquiring significant shares of the market. These companies employ a range of competitive strategies, including mergers and acquisitions, and provide tailored solutions to meet customer needs. Other players are expanding their market presence through the acquisition of new technologies and investment in R&D.

In November 2017, Intelligent Waves LLC purchased the Virtual Mobile Infrastructure technology (VMI) and associated intellectual property from Hypori, Inc. A virtual platform, which is cloud-based, will be available to protect U.S. federal government's global functional mobility, control and command.

Cyber Warfare Market Report Scope

The report covers segments

This report predicts revenue growth at the global, regional and country levels. It also provides analysis on industry trends in each sub-segment from 2014 through 2025. Grand View Research has divided the global cyber warfare market report by application and region.

• Application Outlook (Revenue, USD Billion, 2014 - 2025)

  • Government

  • Aerospace

  • Homeland

  • Corporate

  • Other

• Regional Outlook (Revenue USD Billion, 2014-2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • UK

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

  • Latin America

    • Brazil

  • Middle East & Africa

These are the most frequently asked questions about this report

b. Global cyber warfare market size was USD 32.6 billion in 2019, and is forecast to rise to USD 38.5 billion by 2020.

b. Global cyber warfare market will grow at an average annual rate of 18.5% between 2017 and 2025, reaching USD 91.8 billion in 2025.

b. With a 39.7% share in 2019, North America was the dominant country in cyber warfare. This can be attributed to the increased cyber defense budget, efforts by governments to protect their digital infrastructure, and a focus on cybersecurity.

b. The market for cyber warfare is dominated by Boeing, General Dynamic Corporation and Lockheed Martin Corporation. Raytheon Company is also a key player.

b. Market growth is driven by several factors, including modernizing the government's IT infrastructure, the indulgence and support of the military and government agencies, as well as increased government investment to protect its digital infrastructure.

Up Market Research published a new report titled “Cyber Warfare Market research report which is segmented by Application (Aerospace, Government, Homeland, Corporate, Defense), By Players/Companies Others, Homeland, Corporate, Government, Application Outlook (Revenue USD Billion 2014 - 2025)GovernmentAerospaceHomelandCorporateOthers, Aerospace”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Cyber Warfare Market Report Segments:

The market is segmented by Application (Aerospace, Government, Homeland, Corporate, Defense).

Cyber Warfare Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Cyber Warfare Market

Overview of the regional outlook of the Cyber Warfare Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Cyber Warfare Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Cyber Warfare Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Aerospace

                2. Government

                3. Homeland

                4. Corporate

                5. Defense

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Cyber Warfare Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Cyber Warfare Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.