Global Military Cybersecurity Market Size Study, by Deployment, by Type, by Solution and Regional Forecasts 2022-2032

PUBLISHED: July 15, 2024

PAGES: 200 Pages

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Description

The Global Military Cybersecurity Market is valued at approximately USD 15.7 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 15.4% over the forecast period 2024-2033. The evolution of cyber threats has made cybersecurity a top priority for military operations. Innovative technologies such as 5G, artificial intelligence, cloud computing, and data analytics are being integrated into defense systems to enhance their cybersecurity measures. Military cybersecurity is critical for safeguarding national security, protecting critical infrastructure, and maintaining the operational effectiveness of military forces in an increasingly digital and interconnected world.

The increasing defense IT expenditure across developed economies such as the U.S., France, UK, and China is propelling market growth. Enhanced IT solutions are crucial for defense operations, driving the demand for cybersecurity solutions to secure real-time combat surveillance, smart weapons, and battlefield management in network-centric environments. The U.S. Department of Defense's budget for IT, which saw a 7.8% increase in 2022, exemplifies this trend. However, the market faces challenges due to limited awareness related to cybersecurity. Government officials need comprehensive training to prevent cyber-attacks effectively. The lack of awareness can lead to significant vulnerabilities, as evidenced by phishing scams and ransomware attacks targeting under-prepared government bodies. Addressing this issue is crucial for market growth. Moreover, The adoption of IoT in military applications presents lucrative opportunities. IoT technology, or the Internet of Military Things (IoMT), enhances operational efficiency by creating a smart ecosystem that can handle multiple tasks simultaneously. Countries like India are investing in AI and IoT technologies to bolster their defense capabilities, further driving the market.

The key regions considered for the Global Military Cybersecurity Market study include Asia Pacific, North America, Europe, Latin America, and Middle East and Africa. North America led the market in 2022, supported by substantial defense budgets, advanced technological infrastructure, and a high level of investment in cybersecurity initiatives. The United States, in particular, allocates significant resources to enhance its military cybersecurity capabilities. North America held the largest share of the military cybersecurity market in recent years, with estimates suggesting that it accounts for over 40% of the global market. This dominance is further supported by the presence of major cybersecurity firms and extensive research and development activities focused on developing cutting-edge cyber defense technologies and strategies. Asia Pacific on the other hand in projected to registered fastest growth during the forecast period 2024-2032.

Major market players included in this report are:

AT&T
BAE Systems
Boeing
Cisco Systems, Inc.
DXC Technology Company
EclecticIQ B.V.
IBM Corporation
Intel Corporation
Lockheed Martin Corporation
Northrop Grumman Corporation
Privacera, Inc.
SentineIOne
Secureworks, Inc.
Thales Group
Raytheon Technologies Corporation

The detailed segments and sub-segment of the market are explained below:

Deployment:

On-Premises
Cloud

Type:

Endpoint Security Solutions
Network Security Solutions
Content Security Solutions

Solution:

Threat Intelligence & Response Management
Identity & Access Management
Data Loss Prevention Management
Security & Vulnerability Management
Unified Threat Management
Enterprise Risk & Compliance
Managed Security
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Russia
Italy
Spain
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Military Cybersecurity Market Executive Summary

1.1. Global Military Cybersecurity Market Size & Forecast (2022- 2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Deployment
- 1.3.2. By Type
- 1.3.3. By Solution
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Military Cybersecurity Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Military Cybersecurity Market Dynamics

3.1. Market Drivers
- 3.1.1. Increase in demand for defense IT expenditure
- 3.1.2. Implementation of advanced IT solutions in defense operations
- 3.1.3. Growing cybersecurity threats globally
3.2. Market Challenges
- 3.2.1. Limited awareness related to cybersecurity
- 3.2.2. High cost of cybersecurity solutions
- 3.2.3. Stringent regulatory requirements
3.3. Market Opportunities
- 3.3.1. Adoption of IoT in cyber security technology
- 3.3.2. Technological advancements in AI and cloud computing
- 3.3.3. Increasing investments in defense infrastructure

Chapter 4. Global Military Cybersecurity Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Military Cybersecurity Market Size & Forecasts by Deployment 2022-2032

5.1. Segment Dashboard
5.2. Global Military Cybersecurity Market: Deployment Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. On-Premises
- 5.2.2. Cloud

Chapter 6. Global Military Cybersecurity Market Size & Forecasts by Type 2022-2032

6.1. Segment Dashboard
6.2. Global Military Cybersecurity Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Endpoint Security Solutions
- 6.2.2. Network Security Solutions
- 6.2.3. Content Security Solutions

Chapter 7. Global Military Cybersecurity Market Size & Forecasts by Solution 2022-2032

7.1. Segment Dashboard
7.2. Global Military Cybersecurity Market: Solution Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Threat Intelligence & Response Management
- 7.2.2. Identity & Access Management
- 7.2.3. Data Loss Prevention Management
- 7.2.4. Security & Vulnerability Management
- 7.2.5. Unified Threat Management
- 7.2.6. Enterprise Risk & Compliance
- 7.2.7. Managed Security
- 7.2.8. Others

Chapter 8. Global Military Cybersecurity Market Size & Forecasts by Region 2022-2032

8.1. North America Military Cybersecurity Market
- 8.1.1. U.S. Military Cybersecurity Market
  - 8.1.1.1. Deployment breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Type breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Solution breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Military Cybersecurity Market
- 8.1.3. Mexico Military Cybersecurity Market
8.2. Europe Military Cybersecurity Market
- 8.2.1. UK Military Cybersecurity Market
- 8.2.2. Germany Military Cybersecurity Market
- 8.2.3. France Military Cybersecurity Market
- 8.2.4. Russia Military Cybersecurity Market
- 8.2.5. Italy Military Cybersecurity Market
- 8.2.6. Spain Military Cybersecurity Market
- 8.2.7. Rest of Europe Military Cybersecurity Market
8.3. Asia-Pacific Military Cybersecurity Market
- 8.3.1. China Military Cybersecurity Market
- 8.3.2. India Military Cybersecurity Market
- 8.3.3. Japan Military Cybersecurity Market
- 8.3.4. Australia Military Cybersecurity Market
- 8.3.5. South Korea Military Cybersecurity Market
- 8.3.6. Rest of Asia Pacific Military Cybersecurity Market
8.4. Latin America Military Cybersecurity Market
- 8.4.1. Brazil Military Cybersecurity Market
- 8.4.2. Mexico Military Cybersecurity Market
- 8.4.3. Rest of Latin America Military Cybersecurity Market
8.5. Middle East & Africa Military Cybersecurity Market
- 8.5.1. Saudi Arabia Military Cybersecurity Market
- 8.5.2 South Africa Military Cybersecurity Market
- 8.5.3 Rest of Middle East Military Cybersecurity Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. AT&T
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. BAE Systems
- 9.3.3. Boeing
- 9.3.4. Cisco Systems, Inc.
- 9.3.5. DXC Technology Company
- 9.3.6. EclecticIQ B.V.
- 9.3.7. IBM Corporation
- 9.3.8. Intel Corporation
- 9.3.9. Lockheed Martin Corporation
- 9.3.10. Northrop Grumman Corporation
- 9.3.11. Privacera, Inc.
- 9.3.12. SentineIOne
- 9.3.13. Secureworks, Inc.
- 9.3.14. Thales Group
- 9.3.15. Raytheon Technologies Corporation

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes