Press release
Cyber Warfare Market 2022 Growth Outlook - BAE Systems PLC, The Boeing Company, General Dynamic Corporation, Lockheed Martin Corporation
The Cyber Warfare Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Cyber Warfare Market was valued at USD 39.30 billion in 2020, and it is expected to reach USD 122.87 billion by 2026, registering a CAGR of 21.16%, during the forecast period (2021 - 2026).
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Top Leading Companies of Cyber Warfare Market are BAE Systems PLC, The Boeing Company, General Dynamic Corporation, Lockheed Martin Corporation, Fire Eye Inc., Raytheon Company, Leonardo SpA, Booz Allen Hamilton Inc., DXC Technology Pvt. Ltd., Airbus SE and others.
Industry News and Updates
May 2019 - FireEye Inc. joined the Perspecta team to provide defensive and cyber threat intelligence operations support to U.S. army cyber command. FireEye is to provide professional services to Perspecta to assist with cyber threat intelligence operations, defensive cyber operations (DCO), cyberspace incident response, and cyberspace exercise support and training.
- March 2019 - General Dynamics Mission Systems was awarded USD 980 million contract from the US army for electronic and cyber warfare capabilities. The new cyber warfare contract involves the delivery of new cyber capabilities, in addition to upgrades of existing cyber systems, along with training, documentation, and support activities. The agreement aims to serve as the US Army's primary source of cyber innovation and delivery.
Key Market Trends
North America Expected to Hold a Significant Market Share
- North America is expected to have a significant market share for the cyber warfare market. Expanding the cyber defense budget, government initiatives to secure computerized framework, and spotlight on reinforcing cybersecurity approaches are the key driving element affecting the territorial demand in the region. Besides, the foundation of cybersecurity units and deploying powerful cybersecurity systems inside government organizations, military and guard part are further driving business sector development.
- The US Federal Government has taken several initiatives against cyber attacks and is continually demonstrating its cyber warfare capabilities to help reduce sophisticated attacks. The US government is building its cyber army and has proposed 133 teams for its "cyber mission force" by 2018. It is also engaging in proactive training and development to military personnel in the US Army Cyber Center of Excellence (CCoE) which is the US Army's force modernization proponent for cyberspace operations, signal/communications networks, and information services.
Regional Outlook of Cyber Warfare Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Cyber Warfare Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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