Description
The
goal of this report is to characterize, portray, and estimate the market on the
premise of sort, application, therapeutic condition, and area. It gives
point-by-point data with respect to the main considerations influencing the
development of the market. This report likewise tracks and examines aggressive
improvements of the key players regarding market advancements, item portfolios,
and financials
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The
global cyber warfare market is expected to reach USD 91.75 billion by 2025,
according to a new study by Grand View Research, Inc. The increasing number of
cyber-attacks are emerging as a significant threat across the globe. The
dependence of organizations on information technology and the valuable &
sensitive nature of digitally-stored data have raised the stake for cyber
attackers whose primary motive is to disrupt economic growth and gain
technological advantages by stealing intellectual properties of national
defense forces. Increased concern towards catastrophic nature of cyber warfare
and national security are factors anticipated to drive the market over the
forecast period
Cyberspace
disruption capabilities have outstripped nation's focus on terrorism. The
increasing cyber-attacks such as abusing digital infrastructure and network infiltration
within industries and defense sector have led the government to focus more on
cyberspace vulnerabilities. The growing digitization in different nations is
leading to increase in data and security breaches, resulting in cyber-crime. In
light of the growing cyber incidence, increased cybersecurity spending is
proposed, and warfare units are established by the governments aimed to protect
nation's sensitive information and deter potential of the cyber threat.
Moreover, governments have developed more sophisticated cyber military
capabilities to mitigate the emerging threats
Increasing
application of cyber warfare system within the corporate sector can be
attributed to growing number of security threats amid defense contractor
companies. The data breaches have compromised sensitive information such as
blueprints, project details and testing results & reports from the
companies which are the important factor for national security. The increasing
breaches are impelling many organizations to make investments in security
enforcement and detection tools. Moreover, to deter cyber espionage, monitor,
and subvert other nations' defense systems by infiltrating defense contractor
system, application of cyber warfare system in the corporate sector is
anticipated to drive market growth
Further key findings from the study suggest
that:
•
The defense application segment is estimated retain its dominance in the market
and is projected to reach USD 27.94 billion by 2025.
•
The government application segment is anticipated to register a healthy CAGR of
19.1% over the forecast period.
•
The corporate application segment is anticipated to witness a high CAGR of
19.8% over the forecast period.
•
North America was valued at USD 8.22 billion in 2016 and is expected to hold a
dominant share in the market by 2025. The region was followed by Europe which
held a market share of 25.44% in 2016 of the overall market share.
•
Asia Pacific region is anticipated to be the fastest growing region for the
cyber warfare market, growing at of CAGR of 21.1% over the forecast period.
•
The key players in cyber warfare market include BAE System Plc, Boeing, General
Dynamic Corporation, Lockheed Martin Corporation, and Raytheon Company, among
others
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This
report is a total investigation of ebb and flow inclines in the market,
business development drivers, and restrictions. It gives showcase projections
to the coming years. It incorporates investigation of late advancements in
innovation, Doorman's five power demonstrate examination and point by point
profiles of best industry players. The report additionally incorporates a
survey of miniaturized scale and large-scale factors fundamental for the
current market players and new participants alongside nitty gritty esteem chain
examination
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