Global Federal Cyber Security Market Growth (Status and Outlook) 2023-2029

Global Federal Cyber Security Market Growth (Status and Outlook) 2023-2029

Cyber security comprises technologies, processes and controls that are designed to protect systems, networks and data from cyber attacks. Effective cyber security reduces the risk of cyber attacks, and protects organisations and individuals from the unauthorised exploitation of systems, networks and technologies.

LPI (LP Information)' newest research report, the “Federal Cyber Security Industry Forecast” looks at past sales and reviews total world Federal Cyber Security sales in 2022, providing a comprehensive analysis by region and market sector of projected Federal Cyber Security sales for 2023 through 2029. With Federal Cyber Security sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Federal Cyber Security industry.

This Insight Report provides a comprehensive analysis of the global Federal Cyber Security landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Federal Cyber Security portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Federal Cyber Security market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Federal Cyber Security and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Federal Cyber Security.

The global Federal Cyber Security market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The US federal government is increasingly adopting cloud-based services for authentication processes, video management systems, and storing biometrics information. Since most organizations store their confidential data on the cloud, it is imperative to secure data from unauthorized access. Moreover, due to the flexibility and scalability of cloud-based security solutions, the US government is using the cloud for document management, collaborative services, geospatial services, security testing, and server optimization. With the increasing adoption of cloud-based services, the market for federal cyber security has a positive outlook over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Federal Cyber Security market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
National Security Systems
Mission Area Support
Infrastructure/Office Automation/Telecommunications
Enterprise Architecture and Planning
Grants to State and Local IT Investments

Segmentation by application
Agency-By-Agency
Defense
Civilian
Intelligence

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BAE Systems
General Dynamics
Lockheed Martin
Northrop Grumman
Raytheon

Please note: The report will take approximately 2 business days to prepare and deliver.