Cyber Weapons Market By Type (Defensive, Offensive), By Application (National Defense System, Public Utility, Automated Transportation system, Smart Power Grid, Industrial Control System, Financial System, Communication Network, Others), By End User (Government, BFSI, Corporate, Other): Global Opportunity Analysis and Industry Forecast, 2021-2031
A computer program or piece of software used to conduct cyberattacks is a cyberweapon. Some types of cyber weapons include malware, viruses, ransomware, and logic bombs. For a while, there has been a considerable rise in cybersecurity techniques because of the global rise in cybersecurity threats. Cyber weapons are employed in the military, government, and intelligence sectors to track the movements of the adversary, collect data, identify cyber threats, and examine illicit activities online.
Countries are currently developing and testing offensive cyber capabilities. The Netherlands, Denmark, Sweden, and Greece are a few of the smaller nations that are willing to acknowledge having offensive cyber capabilities. The U.S., UK, and Australia, on the other hand, assert that they have carried out offensive cyber operations against the Islamic State. Moreover, North Korea, Russia, and Iran have started catastrophic offensive cyber operations, some of which have already caused significant damage. Hence, the development and use of offensive cyber weapons by several countries is projected to propel the market's expansion throughout the forecast period.
Cyber weapons are more efficient and cost-effective. Nobody wants to admit that their system is weak, they are less noticeable (stealth weapons), and their usefulness is limited to traveling at the speed of light. Also, the ability to use cyber weapons discreetly and the difficulty of attribution make them very tempting. These weapons are also offensively oriented and ideal for the asymmetrical conflicts of the twenty-first century. Also, while cyber weapons are difficult to track throughout their development, they can be easily hidden during their preparation. Because of these advantages, cyber weapons are alluring because they can compete with the majority of the new world's great countries despite receiving less military funding. For instance, in August 2022, Stuxnet is a powerful computer worm designed by the U.S. and Israeli intelligence to disable a key part of the Iranian nuclear program. Targeted at an air-gapped facility, it unexpectedly spread to outside computer systems, raising questions about its design and purpose.
The cyber weapon market is segmented on the basis of type, application, end user, and region. By type, it is bifurcated into defensive and offensive. By application, it is classified into national defense systems, public utility, automated transportation systems, smart power grids, industrial control systems, financial systems, communication networks, and others. By end user, it is categorized into government, BFSI, corporate, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some major companies operating in the market include BAE Systems, Booz Allen Hamilton Inc., Broadcom, Cisco Systems, FireEye Inc., General Dynamics Corporation, Kasperksky Lab, Lockheed Martin Corporation, Mandiant, and Raytheon Technologies Corporation.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cyber weapons market analysis from 2021 to 2031 to identify the prevailing cyber weapons market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cyber weapons market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cyber weapons market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy ApplicationNational Defense System
Public Utility
Automated Transportation system
Smart Power Grid
Industrial Control System
Financial System
Communication Network
Others
By End UserGovernment
BFSI
Corporate
Other
By TypeDefensive
Offensive
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
BAE Systems plc
Northrop Grumman Corporation
Booz Allen Hamilton Inc.
Broadcom Inc.
Raytheon Technologies Corporation
AO Kaspersky Lab
FireEye Inc.
Lockheed Martin Corporation
General Dynamics Corporation
Cisco Systems Inc.
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