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Military Cyber Security Market Trends

  • Report ID: GMI9559
  • Published Date: May 2024
  • Report Format: PDF

Military Cyber Security Market Trends

Scalability and modular design are becoming increasingly important in military cyber security innovations, enabling simpler integration of different defense platforms and applications. This methodology facilitates cyber security solutions that are more adaptable and adjustable, meeting a range of operational requirements while optimizing deployment procedures and reducing development lead times. This underscores a growing adoption of stringent, data-centric security measures to enhance defense capabilities. For instance, in January 2022, the U.S. Army announced its plan to establish a zero-trust cyber security framework as the country becomes a data-centric force. Additionally, Raytheon Intelligence and Space demonstrated its Operational Zero Trust platform as part of the U.S. Army's Project Convergence experiment.
 

The global market is moving toward modular and scalable designs in response to the rising cyber security threats. This shift enables more flexibility in integrating cyber security solutions across various defense systems and applications. Manufacturers can shorten deployment timelines, cut costs, and improve production processes by modularizing components including encryption technologies, threat detection systems, and security protocols. Additionally, as these designs are customizable to unique mission objectives and operating conditions, this strategy guarantees strong defense against constantly changing cyber threats. The shift to scalable and modular designs encourages innovation and efficiency in military cyber security, strengthening the robustness and efficiency of defense operations.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Industry size for military cyber security was worth USD 15 billion in 2023 and is projected to expand at over 6.5% CAGR from 2024 to 2032, due to the rising cyber threats, increased defense spending, and advancements in cybersecurity technologies to protect critical military data and infrastructure.

The on-premises deployment segment in the military cyber security industry accounted for 70% revenue share in 2023 and is projected to expand at substantial rate from 2024 to 2032, due to its advantages in data control, compliance, and security.

The solutions offering segment in the military cyber security industry accounted for 75% share in 2023 as they guarantee the availability, confidentiality, and integrity of sensitive data and military activities.

North America industry recorded over 33% share in 2023 and is estimated to depict significant growth between 2024 to 2032, owing to the increasing frequency and sophistication of cyberattacks, along with significant government investments in R&D for innovative cyber security systems.

Military Cyber Security Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 250
  • Countries covered: 23
  • Pages: 300
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