Visiongain publishes new report titled Military Cyber Security Market Report 2024-2034: By Deployment Mode (Cloud-based, On-Premise), By Component (Hardware, Software, Services), By End User (Army, Navy, Aviation) Did. Force, Cyber Command), by safety sort (community safety, endpoint safety, software safety, cloud-based safety, information safety), by resolution (risk intelligence and response administration, identification and entry administration (IAM), intrusion detection and prevention techniques) ) (IDPS), Security Information and Event Management (SIEM), Firewalls, Others), regional and key nationwide market evaluation, in addition to evaluation of key gamers, and evaluation of COVID-19 affect and restoration patterns.
The international army cybersecurity market was valued at USD 28.4 billion in 2023 and is projected to develop at a CAGR of seven.6% through the forecast interval 2024-2034.
The emergence of superior persistent threats (APT)
Advanced Persistent Threats (APTs) are subtle cyber assaults carried out by well-funded and extremely expert adversaries, corresponding to nation-state actors or cyber espionage teams, that infiltrate and exfiltrate focused army networks. , the aim of which is to maintain the assault over a protracted time frame. detection. APTs typically use stealth techniques, strategies, and procedures (TTPs) to bypass conventional safety defenses and exploit vulnerabilities in software program, {hardware}, and human components. APT detection and mitigation requires superior risk intelligence, behavioral evaluation, anomaly detection, and incident response capabilities to determine and neutralize ongoing cyber threats.
Strategic shift to offensive cyber operations
In response to evolving cyber threats and geopolitical tensions, army organizations are investing in offensive cyber capabilities to conduct cyber operations corresponding to reconnaissance, espionage, sabotage, and knowledge warfare in opposition to adversaries. It is growing. Offensive cyber operations permit militaries to disrupt enemy communications, destroy essential infrastructure, manipulate data, and achieve strategic benefits in our on-line world. However, offensive cyber operations additionally increase considerations in regards to the potential for escalation, unintended penalties, and retaliatory cyber assaults, highlighting the significance of accountable cyber warfare insurance policies and worldwide norms.
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What unfavorable affect has COVID-19 had on the army cybersecurity market?
The COVID-19 pandemic has had a big affect on the worldwide army cybersecurity market, impacting numerous facets of demand, provide, and operational dynamics throughout the business. First, the pandemic accelerated the digital transformation efforts of army organizations all over the world. The speedy shift to distant work and elevated reliance on digital infrastructure has elevated consciousness of cybersecurity vulnerabilities. Military organizations are recognizing the necessity to strengthen their cyber defenses to guard delicate information and demanding infrastructure from rising threats, resulting in elevated demand for cybersecurity options and providers.
Additionally, the pandemic has uncovered provide chain vulnerabilities, together with these associated to cybersecurity. Global provide chain disruptions brought on by lockdowns, journey restrictions, and provide chain interruptions have highlighted the significance of safe provide chains for army organizations. As a outcome, there was a higher concentrate on provide chain safety and resilience, driving demand for options that improve provide chain visibility, danger administration, and cyber resilience.
On the availability aspect, the pandemic has created challenges for cybersecurity corporations, together with enterprise interruptions, product improvement delays, and labor shortages. However, many cybersecurity distributors rapidly tailored by shifting to distant work, implementing digital collaboration instruments, and growing cybersecurity measures to guard their operations from cyberthreats. Additionally, the rising demand for cybersecurity options has given distributors the chance to innovate and develop new merchandise tailor-made to the evolving wants of army clients.
What are the advantages of this report?
Visiongain’s 452-page report consists of 131 tables and 211 charts/graphs. Our new analysis is appropriate for many who require a business and in-depth evaluation of the worldwide Military Cyber Security market, together with an in-depth phase evaluation of the market. Our new analysis helps assess the general international and regional army cybersecurity market. Get monetary evaluation of your entire market and numerous segments together with deployment mode, parts, finish customers, safety varieties, and options to achieve increased market share. We imagine there are important alternatives on this quickly rising army cybersecurity market. Learn methods to benefit from present and upcoming alternatives on this market to reap income advantages within the close to future. Additionally, this report will show you how to enhance your strategic decision-making, body your progress methods, improve evaluation of different market gamers, and maximize your organization’s productiveness.
What are the present market drivers?
Focus on provide chain safety and cyber resilience
Ensuring the safety and resilience of army provide chains and demanding infrastructure in opposition to cyber threats has turn into a high precedence for protection organizations all over the world. Supply chain safety includes defending {hardware}, software program, and firmware parts from tampering, counterfeiting, and provide chain assaults that might compromise the integrity and performance of army techniques. Cyber resilience consists of the flexibility to resist, adapt to, and get better from cyberattacks and disruptions whereas sustaining mission-critical capabilities and operational continuity. To strengthen provide chain safety and strengthen cyber resilience, work with business companions, provide chain stakeholders, and cybersecurity distributors to enhance danger administration practices, provide chain transparency measures, and resilience methods. Must be carried out.
Regulatory compliance and requirements framework
Compliance with regulatory necessities and cybersecurity requirements frameworks, such because the National Institute of Standards and Technology (NIST) Cybersecurity Framework, ISO/IEC 27001, and NIST Special Publication 800-53, determines the effectiveness and maturity of army cybersecurity applications. is important to make sure that . Regulatory compliance obligations such because the Federal Information Security Management Act (FISMA) within the United States and the General Data Protection Regulation (GDPR) within the European Union impose cybersecurity obligations on authorities companies and protection contractors to guard delicate data and techniques from cyberattacks. It has been. risk. Adhering to cybersecurity requirements and greatest practices helps army organizations assess danger, set up safety controls, and display due diligence in defending essential belongings from cyberattacks.
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Where are the market alternatives?
Public-private partnerships and collaboration
Investing in cybersecurity innovation and R&D
aggressive atmosphere
The main gamers working within the army cybersecurity market are Booz Allen Hamilton Holding Corp., CACI International Inc., Cisco Systems Inc., Fortinet Inc., General Dynamics Corporation, GovCIO, Intel Corporation, International Business Machines Corp., Leidos Holdings Inc. ., Lockheed Martin Corporation, ManTech International, Northrop Grumman Systems Corp., Raytheon Technologies Corporation, Thales Group, Viasat Inc. These main corporations working on this market are concerned in M&A, R&D investments, collaborations, partnerships, and regional operations. growth and launch of latest merchandise.
latest tendencies
February 6, 2024 In an effort to make safety simpler, networking and safety pioneer Cisco (NASDAQ: CSCO) unveiled new options throughout the Cisco Security Cloud. On September 19, 2023, General Dynamics Information Technology (GDIT) obtained all preliminary mission orders beneath his $4.5 billion indefinite supply/indefinite amount (IDIQ) contract for safety help providers for the Department of the Air Force. December 13, 2023 Leidos (NYSE: LDOS), a Fortune® 500 chief in science and expertise, has been awarded a brand new prime contract to help the National Security Agency (NSA) with prototype and expertise improvement.
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