News5050 – Market Report

December 6, 2017

The Report:

Globally, countries are spending on technologies in order to secure internet protocols, improve capabilities to model the effects of cyber attacks, test software, and analyze vulnerabilities, as well as information system insider threat-detection models and mitigation technologies. Moreover, cyber attacks are now not only limited to nations but have extended to terrorist groups, organized crime, hackers, industrial spies, and foreign intelligence services. As such, the changing dynamics of cyber threats and increased demand for cyber weapons is expected to stimulate growth over the forecast period.

In particular, it provides an in-depth analysis of the following –

Scope

The global military cyber security market, valued at US$9.8 billion in 2017, is projected to grow at a CAGR of 3.53% over the forecast period, to reach US$13.8 billion by 2027 and cumulatively value US$130.7 billion. The market consists of four categories –
– network security, data security, identity and access, and cloud security.
– The market is expected to be dominated by network security, which will account for 38.5% of the market, followed by the data security and identity and access segments with shares of 25.6% and 19.3% respectively.

Highlights

– Market size and drivers: detailed analysis during 2017-2027, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world.
– Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of cyber security segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants.
– Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand.
– Major programs: details of the key programs in each segment, which are expected to be executed during 2017-2027.
– Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis.

Synopsis

The Global Military Cyber Security Market 2017-2027 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for military cyber security, key market trends, and challenges faced by industry participants.

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Report: REP000343930