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Cyber Warfare Market is expected to grow at a CAGR of 14.15% during the forecasted period | Evolve Business Intelligence
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The Cyber Warfare Market is propelled by the growing need for strategies and technologies to defend against and conduct offensive operations in cyberspace. Key drivers include the rising frequency and sophistication of cyber threats, prompting increased investment by governments, military entities, and organizations in cybersecurity measures, threat intelligence, and offensive cyber capabilities.
Key Players
Some of the major Cyber Warfare Market players holding high market shares include AIRBUS; BAE Systems; Booz Allen Hamilton Inc and DXC Technology Company These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include General Dynamics Corporation; Intel Corporation; IBM Corporation; Leonardo S.p.A.; Lockheed Martin Corporation. Northrop Grumman; Raytheon Technologies Corporation; L3Harris Technologies, Inc.
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Segmental Analysis
Based on Application, the Cyber Warfare market is segmented into Defense, Government, Aerospace, Homeland, Corporate and Others. In 2022, the defense sector had the highest revenue share of 30.0%. The military and defense industries' reliance on communication and information technology has exposed them to cyberthreats. Funding for cybersecurity units is being raised by the defense industry in an effort to lessen and discourage the possible threat posed by state and national hackers.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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