Defense Cyber Security Market By Type (Endpoint security solutions, Network security solutions, Content security solutions), By Deployment (On-Premises, Cloud), By Solution (Threat intelligence and Response Management, Identity and Access Management, Data loss Prevention Management, Security and Vulnerability Management, Unified Threat Management, Enterprise risk and Compliance, Managed Security, Others), By Application (Military, Public utilities, Communication Networks, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The report incorporates the study of the global defense cyber security market that focuses on the strategy used to protect networks or systems and the information. This is usually done with network detection and response, firewalls, key management, and more. The goal of defense cyber security is to guard networks, identify potential problems and report incidents inside the networks. However, the increased connectivity also means that there are more opportunities for cyber-attacks, data leaks, and other IT security breaches.
The economy, stability, development, and defense of any nation are increasingly dependent on their ability to provide resilient and secure cyberspace. Countries such as the U.S., China, and India are looking forward to redesigning their defense security norms as a preliminary action against defense cyber security threat management. In January 2020, new guidelines by the U.S. Department of Defense (DoD) were implemented through Cybersecurity Maturity Model Certification (CMMC) for all defense-based contractors. In addition, in the fiscal year 2021 budget, the U.S. DoD spent around USD 5.4 billion on this domain. Thus, the rising awareness regarding cyber threat amongst defense authorities will facilitate the demand for such advanced solutions in near future.
The factors such as increase in demand for defense IT expenditure, transition, of conventional military aircraft into autonomous aircraft, and growth in cyber-attacks on the regulatory, trade and individuals supplement the growth of the defense cyber security market. However, limited awareness related to cyber security and lack of cyber security professionals or workforce are the factors expected to hamper the growth of the defense cyber security market.
In addition, increasing threats and warnings related to cyber-attack on officials and adoption of IoT in cyber security technology creates market opportunities for the key players operating in the defense cyber security market.
For the purpose of analysis, the defense cyber security market is segmented on the basis of type, deployment, solution, application, and region. By type, the market is divided into endpoint security solutions, network security solutions, and content security solutions. By deployment, it is fragmented into on-premise and cloud. By solution, it is categorized into threat intelligence & response management, identity & access management, data loss prevention management, security & vulnerability management, unified threat management, enterprise risk & compliance, managed security, and others. By application, it is further classified into military, public utilities, communication networks, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the defense cyber security market 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., Raytheon Technologies Corporation, SentineIOne, Secureworks, Inc., and Thales Group.
Key Benefits For Stakeholders
This study presents analytical depiction of the global defense cyber security market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall defense cyber security market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global defense cyber security market with a detailed impact analysis.
The current defense cyber security market is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Application
Military
Public utilities
Communication Networks
Others
By Type
Endpoint security solutions
Network security solutions
Content security solutions
By Deployment
On-Premises
Cloud
By Solution
Threat intelligence and Response Management
Identity and Access Management
Data loss Prevention Management
Security and Vulnerability Management
Unified Threat Management
Enterprise risk and Compliance
Managed Security
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Intel Corporation
AT&T Inc.
Northrop Grumman
IBM Corporation
Lockheed Martin Corporation
BAE Systems plc
Thales
EclecticIQ B.V.
SentinelOne
Boeing
DXC Technology Company
Cisco Systems, Inc.
Raytheon Technologies Corporation
Secureworks, Inc.
Privacera, Inc.
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