PUBLISHER: Lucintel | PRODUCT CODE: 1417457
PUBLISHER: Lucintel | PRODUCT CODE: 1417457
Defense Cybersecurity Trends and Forecast
The future of the global defense cybersecurity market looks promising with opportunities in the land force, air force, and naval force markets. The global defense cybersecurity market is expected to reach an estimated $29.3 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing interest in cybersecurity services or solutions for various applications within the defense and military sectors and increasing danger of cyberattacks targeting critical assets from organized cybercriminals with advanced technical expertise.
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Defense Cybersecurity by Segment
The study includes a forecast for the global defense cybersecurity by platform, solution, type, end use industry, and region.
List of Defense Cybersecurity Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies defense cybersecurity companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the defense cybersecurity companies profiled in this report include-
Defense Cybersecurity Market Insights
Lucintel forecasts that software & service is expected to witness the highest growth over the forecast period due to growing significance of software in the digital transformation of military operational procedures.
Within this market, land force will remain the largest segment due to operational supremacy compared to the ground force and expenditures from many governments.
North America will remain the largest region over the forecast period due to prominent defense sectors evolving their cybersecurity support within this area.
Features of the Global Defense Cybersecurity Market
Market Size Estimates: Defense cybersecurity market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Defense cybersecurity market size by various segments, such as by platform, solution, type, end use industry, and region in terms of value ($B).
Regional Analysis: Defense cybersecurity market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different platform, solution, type, end use industry, and regions for the defense cybersecurity market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the defense cybersecurity market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the defense cybersecurity market size?
Answer: The global defense cybersecurity market is expected to reach an estimated $29.3 billion by 2030.
Q2. What is the growth forecast for defense cybersecurity market?
Answer: The global defense cybersecurity market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the defense cybersecurity market?
Answer: The major drivers for this market are growing interest in cybersecurity services or solutions for various applications within the defense and military sectors and increasing danger of cyberattacks targeting critical assets from organized cybercriminals with advanced technical expertise.
Q4. What are the major segments for defense cybersecurity market?
Answer: The future of the defense cybersecurity market looks promising with opportunities in the land force, air force, and naval force markets.
Q5. Who are the key defense cybersecurity market companies?
Answer: Some of the key defense cybersecurity companies are as follows.
Q6. Which defense cybersecurity market segment will be the largest in future?
Answer: Lucintel forecasts that software & service is expected to witness the highest growth over the forecast period due to growing significance of software in the digital transformation of military operational procedures.
Q7. In defense cybersecurity market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to prominent defense sectors evolving their cybersecurity support within this area.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.