PUBLISHER: Allied Market Research | PRODUCT CODE: 1225037
PUBLISHER: Allied Market Research | PRODUCT CODE: 1225037
The report incorporates the study of the global defense cyber security market that focuses on the strategy used to protect networks or systems and the information. This is usually done with network detection and response, firewalls, key management, and more. The goal of defense cyber security is to guard networks, identify potential problems and report incidents inside the networks. However, the increased connectivity also means that there are more opportunities for cyber-attacks, data leaks, and other IT security breaches.
The economy, stability, development, and defense of any nation are increasingly dependent on their ability to provide resilient and secure cyberspace. Countries such as the U.S., China, and India are looking forward to redesigning their defense security norms as a preliminary action against defense cyber security threat management. In January 2020, new guidelines by the U.S. Department of Defense (DoD) were implemented through Cybersecurity Maturity Model Certification (CMMC) for all defense-based contractors. In addition, in the fiscal year 2021 budget, the U.S. DoD spent around USD 5.4 billion on this domain. Thus, the rising awareness regarding cyber threat amongst defense authorities will facilitate the demand for such advanced solutions in near future.
The factors such as increase in demand for defense IT expenditure, transition, of conventional military aircraft into autonomous aircraft, and growth in cyber-attacks on the regulatory, trade and individuals supplement the growth of the defense cyber security market. However, limited awareness related to cyber security and lack of cyber security professionals or workforce are the factors expected to hamper the growth of the defense cyber security market.
In addition, increasing threats and warnings related to cyber-attack on officials and adoption of IoT in cyber security technology creates market opportunities for the key players operating in the defense cyber security market.
For the purpose of analysis, the defense cyber security market is segmented on the basis of type, deployment, solution, application, and region. By type, the market is divided into endpoint security solutions, network security solutions, and content security solutions. By deployment, it is fragmented into on-premise and cloud. By solution, it is categorized into threat intelligence & response management, identity & access management, data loss prevention management, security & vulnerability management, unified threat management, enterprise risk & compliance, managed security, and others. By application, it is further classified into military, public utilities, communication networks, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the defense cyber security market are AT&T, BAE Systems, Boeing, Cisco Systems, Inc., DXC Technology Company, EclecticIQ B.V., IBM Corporation, Intel Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Privacera, Inc., Raytheon Technologies Corporation, SentineIOne, Secureworks, Inc., and Thales Group.
Key Benefits For Stakeholders
By Application
By Type
By Deployment
By Solution
By Region