US Cyber Range Market Size study, By Type (Cloud-based, On-premise, Hybrid) By Application (Training Purpose, Network Testing) Forecasts 2022-2032
US Cyber Range Market is valued approximately at USD 681.86 million in 2023 and is anticipated to grow with a healthy growth rate of more than 11.10% over the forecast period 2024-2032. Cyber Range is a simulated environment for developing, testing, and exercising cybersecurity skills and capabilities. It provides a regulated and secure platform for cybersecurity experts to practice protecting against and responding to various cyber threats and attacks in a realistic environment. Cyber Ranges can be used to evaluate security solutions, conduct red team/blue team exercises, and examine the overall cybersecurity posture of an organization. Furthermore, rising adoption of cloud-based cyber ranges are gaining attention in US Cyber Range Market. Cloud-based cyber ranges facilitate collaboration among cybersecurity professionals by enabling them to work together in virtual environments regardless of their physical locations. This fosters knowledge sharing and enhances teamwork in addressing cybersecurity challenges.
US Cyber Range Market is driven by rising number of supportive government initiatives towards cyber security across the region. Government organizations allocates substantial funds to support cybersecurity initiatives, including the development and deployment of cyber range capabilities. These investments fuel innovation in cyber range technology, promote research and development, and enable the expansion of cyber range infrastructure and capabilities to meet the evolving needs of organizations. In addition, regional government initiatives also promote cybersecurity education, training, and workforce development programs to address the shortage of skilled cybersecurity professionals. Cyber ranges play a crucial role in hands-on cybersecurity education and training, providing students and professionals with practical experience in defending against cyber threats and conducting incident response. However, high deployment cost of cyber range and lack of technical expertise is going to impede the overall demand for the market during the forecast period 2024-2032.
Major market player included in this report are: Cisco Systems, Inc RangeForce, Inc International Business Machines Corporation Keysight Technologies, Inc ManTech International Corporation SimSpace Corporation Company 7 Company 8 Company 9 Company 10 The detailed segments and sub-segment of the market are explained below: By Type Cloud-based On-premise Hybrid
By Application Training Purpose Network Testing
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 Country 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.
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Chapter 1. US Cyber Range Market Definition and Research Assumptions