The global Cyber Warfare market was worth 38.5 Billion US dollars in 2021 and is estimated that it will reach 91.8 billion US dollars by the end of 2026, registering a compound annual growth rate of about 18.5% between 2021 and 2026. Growing technological advancements in IT and capabilities of cyber weapons which leads to disruption to national security helps the growth of the market in the upcoming years.
The growth of the global Cyber Warfare market is due to the rising security challenges posed by or within the cyberspace by the government and international organizations which helps the growth of the market during the significant period.
Other factors that support the growth of the global Cyber Warfare market include benefits such as an increase in defence spending for improving the government’s effectiveness, efficiency, cyber security capability which helps the market to grow further. Furthermore, modernizing government IT infrastructure, improving deteriorated facilities and curbing cyber vulnerabilities, increased concerns towards catastrophic nature of cyber warfare and national security, increasing digitization in different nations which leads to increase in data and security breaches resulting in cybercrime are some of the major driving factors which propels the growth of the market.
However, the mitigation of losses arising due to increasing of cyber-attacks on some of the countries which leads to economic disruption, issues related with the security and stringent government regulations are some of the restraints which hinders the growth of the Cyber Warfare market.
The Cyber Warfare market is segmented based on type and based on application.
By type, the global Cyber Warfare market was classified into two types namely solutions and services. The services type segment is expected to hold the dominance of the market and this segment will continue to dominate during the outlook period. The solutions type segment is expected to increase the market value in the upcoming years to come.
By application, the global Cyber Warfare market was classified as government, defense, aerospace, and homeland, corporate and other types of applications. Among these segments, the defense application segment is expected to increase the market value as it allocates increased funding to cybersecurity units to mitigate and deter the potential threat from a nation and state hacker. Furthermore, the emergence of new and advanced technologies and Internet of Things in the defense application, development of existing cybersecurity posture and technologies re some other factors which helps the market to grow further. The government application segment is also expected to increase the market value owing to the increase in sophistication and intensity of cyber-attacks to build resilience and also adopt the national cyber security strategies.
On the basis of region, the application security market is segmented into North America region, Asia Pacific region, Europe region, Latin America region and Middle East and Africa region.
North America region holds the major share of Cyber Warfare market due to the increasing of cyber defense budget, increasing of government efforts to protect the digital infrastructure and also to focus on strengthening cybersecurity approaches, presence of several data centers and cloud service providers and also increasing of R & D as well as the technological advancements in the Cyber Warfare helps the growth of the market. Furthermore, the establishment of cybersecurity units as well as deploying the robust cybersecurity frameworks within the government agencies, military and defense sector is also another major driving factor which helps the growth of the cyber warfare market in North America region.
Asia Pacific region is expected to increase the market value owing to the factors such as the government regulatory reforms to ensure the cyber defense posture, rapid economic growth in the developing countries such as India, China, Japan, increasing of technological advancements in cyberspace, increasing of cyber-attacks in the region helps the growth of the market in Asia Pacific region.
Europe region is expected to increase the growth of the Cyber Warfare market followed by North America region and Asia Pacific region due to the modernizing government IT infrastructure, improving deteriorated facilities and curbing cyber vulnerabilities, increasing of investments by the companies for the latest developments during the forecast period.
Latin America is esteemed to have the growth opportunities in the coming years.
Middle East and Africa is likely to have slow growth rate in the coming years.
The main players in the market are Lockheed Martin, general dynamic, BAE system, Airbus, Intel, Raytheon, DXC technology, IBM.
The Nation state cyber activity has witnessed a surge in intensity and an escalation in severity due to the traditional tactics to gather the intelligence and also the knowledge which are no longer feasible due to the social distancing norms announced by the government authorities of respective countries to eradicate the spread of corona virus. The cyber warfare market has a great revenue irrespective of the lockdown restrictions and is expected to reach more in the upcoming years.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Cyber Warfare Market, By Type
6.1.3 Market Size Estimations & Forecasts (2021-2026)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Cyber Warfare Market, By Application
6.2.6 other types of applications
6.2.7 Market Size Estimations & Forecasts (2021-2026)
6.2.8 Y-o-Y Growth Rate Analysis
6.2.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Type
7.2.3 By Application
7.3.1 By Country
188.8.131.52 Rest of Europe
7.3.2 By Type
7.3.3 By Application
7.4 Asia Pacific
7.4.1 By Country
184.108.40.206 South Korea
220.127.116.11 South East Asia
18.104.22.168 Australia & NZ
22.214.171.124 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Application
7.5 Latin America
7.5.1 By Country
126.96.36.199 Rest of Latin America
7.5.2 By Type
7.5.3 By Application
7.6 Middle East and Africa
7.6.1 By Country
188.8.131.52 Middle East
7.6.2 By Type
7.6.3 By Application
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Lockheed Martin
8.3 general dynamic
8.4 BAE system
8.8 DXC technology
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures