The Cyber Warfare Market size is expected to grow from USD 79.77 billion in 2023 to USD 158.02 billion by 2028, at a CAGR of 14.65% during the forecast period (2023-2028).
Cyberwarfare involves offensive and defensive operations, such as cyberattacks, espionage, and sabotage. The number of cyberattacks worldwide is increasing significantly. Cyberwarfare uses all vectors accessible to cybercriminals. These include viruses, email attachments, pop-up windows, instant messages, and other forms of deception on the internet.
The cyber warfare market is moderately concentrated and competitive, with several players vying for market share. The major players are offering superior technology such as Machine learning and AI and fostering growth through their existing distribution channels. These technology leaders invest in innovation, mergers, acquisitions, and long-term partnership activities to maintain a competitive edge in the market.
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