Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Cyber Warfare Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Cyber Warfare Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Cyber
Warfare Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Cyber Warfare Market is offered. In accordance with the report, the global
Cyber Warfare Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
The
employment of digital attacks to condemn a nation that disrupts the pivotal
computer systems and is no less than that of actual war is called cyber
warfare. There exists a distinction between cyber warfare and cyber war. The
inclusion of procedures, tactics and techniques that are aimed towards the
involvement in cyber war is called cyber warfare. However, there exists
controversies with the definition of cyber warfare.
Market Drivers
The
recent upsurge in activities like cyber attacks is providing the initial
impetus to this market. The massive attacks on IT infrastructure, data,
networks and endpoints of the government, enterprises and individuals on a
large scale has primarily driven the cyber warfare market.
The
soaring defense expenditure and the provisioning of defense expenditure in the
government budget of different nations is charging up the growth of this
market. These expenditures are primarily aimed at improvising the governments
cybersecurity capabilities, efficiency and effectiveness which would enable the
effective deployment of cyber warfare solutions. Cyber attacks on the national
defense sector has taken the form of stealing intellectual properties which is
a severe threat to the national security. Moreover, rising concern among the
governments to safeguard their digital operations and infrastructures in the
cyber space is fueling the growth of this market.
Cyber-related
threats are now globally recognized as highest occurring risks. Cyber crimes
are now overtaking terrorism. As a result of cyber-attacks, the one who’s being
attacked is facing severe economic disturbances and losses. The alleviation of
such losses is a necessity which is bolstering the growth of this market.
The
Covid-19 pandemic situation is expected to accelerate the growth of this
market. Owing to global lockdown and social distancing, the traditional methods
of gathering knowledge and information and working has been hampered. In such a
situation most of the operations is taking place in the cyber space. Hence, the
chances for cyber-attacks and cyber-crimes are on a rise. This factor is
augmenting the growth of the cyber warfare market.
Market Restraints
Software
Piracy and the utilization of openly-sourced cybersecurity solutions are
hampering the growth of this market. Software piracy refers to the
counterfeiting of software solutions. A variety of enterprises especially small
and medium enterprises makes use of pirated software due to two reasons.
Firstly, the original solution-based software in expensive. Secondly, these
pirated products are easily available in the internet at free. The continuity
in the utilization of pirated software is hindering the growth of this market.
There
exists a paucity in the skilled workers that can handle cyber warfare solutions
intelligently and with ease. Security Professionals that were hired by
companies lacked the skill to identify and analyze cyber-threats. Skills in
cloud computing security, forensic investigation and analytics are some of the
necessary skills for cyber warfare professionals. The dearth of such proficient
professionals is impeding the growth of the Cyber warfare market.
Opportunities
The
recent expansion of cyber crimes and attacks has led the cyber warfare
professionals to employ systems that would help them to cope up with such
numerous attacks. The incorporation of machine learning methods and Artificial
Intelligence in the cyber warfare infrastructure is expected to provide
lucrative opportunities to the operators of this market.
The
penetration of internet in all sectors and widespread dependence on it for
operation by the government, enterprises and individuals at different levels
which is continuing to broaden and take new shape is expected to attract cyber
crimes and attacks. This is expected to be a great scope for the cyber warfare
market.
Trends
At
present North America dominates the market for cyber warfare and is expected to
continue its domination in the forecast period. This progress is attributable
to soaring budget on cyber security, the positive efforts of the government for
securing digital infrastructure, and upsurge in the concentration of the cyber
warfare concerns. Further, the development of units for cyber security in
general and the establishment of cyber warfare within the government’s agencies
like military and defense sectors are other factors propelling the growth of
this market in the forecast period. The Asia Pacific region is estimated to be
the fastest growing region in the forecast period. This progress can be traced
back to the reforms undertaken by the Governments of this region to establish a
cyber defense posture, the rapid pace of economic growth and economic
development in the emerging nations technological advancement in a lightening
pace and the involvement in cyber activities and rising incidences of
cyber-attacks. Globally, this market is expected to grow at a CAGR of 18.5% in
the forecast period.
Segment Covered:
This market
intelligence report on the global Cyber Warfare Market encompasses market segments based on end user and country.
By End
Use the global Cyber Warfare Market has been divided into:
q Government
q Power
& Utilities
q Corporate
q Defence
q BFSI
q Aerospace
q Others
By country/region,
the global Cyber Warfare Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q FireEye
Inc
q General
Dynamics Mission Systems
q Intelligent
Waves LLC
q BAE
System Plc
q Lockheed
Martin Corporation
q Raytheon
Company
q The
Boeing Company
q IBM Corporation
q Intel Corporation
q Proofpoint Inc
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Cyber Warfare Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
FireEye Inc
In May 2019,
FireEye Inc collaborated with Perspecta team with the aim of defensing and
providing Cyber threat intelligence operations to support the cyber command of
U.S. Army.
General Dynamics Mission Systems
In March 2019,
US Army entered into a contract with General Dynamics Mission Systems worth USD
980 million. The company was expected to provide cyber warfare capabilities.
Intelligent Waves LLC
In November
2017, VMI Infrastructure and its related Hypori intellectual property was
acquired by Intelligent Waves LLC. This acquisition was aimed at providing
cyber warfare to the U.S. Federal Government.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Cyber
Warfare Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Cyber Warfare Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Cyber Warfare caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Cyber
Warfare Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Cyber Warfare Market
v
Identification
of key factors driving investment opportunities in the Cyber Warfare
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants