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Global Military Cybersecurity Market – Industry Trends and Forecast to 2030

ICT | Upcoming Report | Jun 2023 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

COVID-19 Impact on Cyber Security in the Information and Communication Technology

Report Description

Global Military Cybersecurity Market, By Platform (Hardware, Service, Solution), Type (Network Security, Cyber Threat Intelligence, It Infrastructure, Logistics and Operations Security, Training Services, Identity and Access Security, Data Security, Cloud Security), Solution (Threat Intelligence and Response Management, Identity and Access Management, Data Loss Prevention Management, Security and Vulnerability Management, Unified Threat Management, Enterprise Risk and Compliance, Managed Security, Others), Deployment Mode (Cloud, On-Premise), Application (Army, Navy, Air Force) – Industry Trends and Forecast to 2030.

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Military Cybersecurity Market Analysis and Size

The high rate of cloud-based storage solution adoption is anticipated to have an impact on the military cyber security market's expansion. The military cyber security market is also anticipated to benefit from the increase in investments made by various governments to combat the threat of cyber-attacks and ensure better levels of security solutions. Additionally, due to the accessibility of unmanned vehicles due to quick technological advancements, better peripherals, and security services are required to make sure that these products are less susceptible to hacking.

Data Bridge Market Research analyses that the military cybersecurity market, valued at USD 10.51 billion in 2022, will reach USD 19.47 billion by 2030, growing at a CAGR of 8.01% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Military Cybersecurity Market Scope and Segmentation  

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Platform (Hardware, Service, Solution), Type (Network Security, Cyber Threat Intelligence, It Infrastructure, Logistics and Operations Security, Training Services, Identity and Access Security, Data Security, Cloud Security), Solution (Threat Intelligence and Response Management, Identity and Access Management, Data Loss Prevention Management, Security and Vulnerability Management, Unified Threat Management, Enterprise Risk and Compliance, Managed Security, Others), Deployment Mode (Cloud, On-Premise), Application (Army, Navy, Air Force)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Qualcomm Technologies, Inc. (U.S.), Microsoft (U.S.), Oracle (U.S.), Cisco Systems, Inc. (U.S.), Northrop Grumman. (U.S.), Accenture (Ireland), IBM (U.S.), Thales (France), Lockheed Martin Corporation. (U.S.), General Dynamics Corporation (U.S.), BAE Systems (U.K.), Raytheon Technologies Corporation (U.S.), Airbus (France), Leonardo S.p.A. (Italy), NETCENTRICS CORPORATION (U.S.), Fujitsu (Japan), CyberArk Software Ltd. (U.S.), Booz Allen Hamilton Inc. (U.S.), Check Point Software Technologies Ltd (Israel), Rapid7 (U.S.), Fortinet, Inc. (U.S.)

Market Opportunities

  • Collaboration with the private sector creates lucrative opportunities to grow
  • Public awareness and high-profile cyber incidents creates market opportunities

Market Definition

Military cybersecurity refers to the practice of protecting military organizations, assets, and operations from cyber threats and attacks. It involves the implementation of strategies, technologies, and processes to safeguard military networks, systems, and data from unauthorized access, disruption, and compromise. Military cybersecurity aims to ensure the confidentiality, integrity, and availability of critical information, as well as to maintain the functionality and operational readiness of military systems. It involves measures such as network security, encryption, access controls, incident response, and threat intelligence to mitigate cyber risks and maintain national security.

Military Cybersecurity Market Dynamics

Drivers

  • Increasing cyber threats can drive the market

As technology advances, cyber threats against military organizations have grown more sophisticated and widespread. These attacks can compromise sensitive information, disrupt operations, and target critical infrastructure. Consequently, there is an increasing demand for strong cybersecurity solutions to safeguard military networks, systems, and data from these evolving threats. The urgency to protect military assets drives the need for robust cybersecurity measures in the face of the escalating threat landscape.

  • Growing adoption of network-centric warfare can drive the market

The growing adoption of network-centric warfare by military forces emphasizes the critical role of information and communication systems in coordinating operations. However, this reliance on interconnected networks and data sharing introduces new vulnerabilities and potential cyber threats. Robust cybersecurity measures are essential to protect military assets, ensure mission success, and maintain operational effectiveness. By safeguarding against potential cyberattacks, military organizations can mitigate risks and maintain the integrity of their network-centric warfare strategies.

Opportunities

  • Collaboration with the private sector creates lucrative opportunities to grow

Collaboration with the private sector presents a significant opportunity for military organizations in the realm of cybersecurity. Partnering with cybersecurity companies, research institutions, and technology vendors allows military organizations to tap into the expertise and innovative solutions developed by these entities. This collaboration enables the adoption of advanced technologies and best practices, enhancing the effectiveness of military cybersecurity measures and bolstering defenses against evolving cyber threats. It fosters knowledge exchange, access to cutting-edge solutions, and the potential for tailored cybersecurity capabilities to meet specific military requirements.

  • Public awareness and high-profile cyber incidents create market opportunities

The rising public awareness of cybersecurity risks, coupled with high-profile cyber incidents targeting military organizations, creates a demand for enhanced cybersecurity capabilities. These incidents underscore the potential consequences of cyberattacks on national security and public safety. As a result, there is a growing recognition of the need for proactive cybersecurity measures to protect military assets, critical infrastructure, and sensitive information. The focus on improving cybersecurity is driven by the imperative to mitigate risks and safeguard vital military resources and operations.

Restraints/Challenges

  • Regulatory and compliance issues can limit the market growth

Military organizations are subject to a multitude of cybersecurity regulations and standards, which can vary across different jurisdictions. Achieving compliance with these requirements can be challenging, time-consuming, and resource-intensive. The focus on meeting regulatory and compliance obligations may divert attention and resources away from other critical cybersecurity initiatives, potentially affecting the overall effectiveness of military cybersecurity measures. Balancing compliance efforts with proactive cybersecurity strategies is essential to ensure comprehensive protection against evolving cyber threats.

  • Budget constraints can limit market growth

Budget constraints pose a significant challenge to military cybersecurity efforts. Limited resources make it difficult for military organizations to allocate adequate funding for cybersecurity technologies, personnel, training, and maintenance. This can result in the inability to implement comprehensive cybersecurity measures, leaving vulnerabilities that cyber attackers can exploit. Balancing competing priorities and securing sufficient budgetary support is crucial for ensuring effective cybersecurity and safeguarding military systems and data from cyber threats.

This military cybersecurity market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the military cybersecurity market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In 2023, In order to support the cybersecurity of the organization, IBM Belgium and King ICT Croatia have signed contracts with NATO. The integration of cyber defense capabilities and related configuration services will be covered by these contracts, which are worth USD 31.7 million, from February until 2025 with an additional two-year option.
  • In 2022, As the United States transforms into a data-centric force, the United States Army declared that they want to implement a zero-trust cybersecurity framework. Additionally, the United States Army's Project Convergence experiment saw Raytheon Intelligence and Space showcase its Operational Zero Trust platform.
  • In 2019, The Department of Defense Information Network (DoDIN-A) will receive mission support from the General Dynamics Corporation through the Army's Cybersecurity and Network Operations Mission Support program (ADCNOMS) under a contract worth USD 118 million signed with the U.S. Army.

Global Military Cybersecurity Market Scope

The military cybersecurity market is segmented on the basis of platform, type, solution, deployment type, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Platform

  • Hardware
  • Service
  • Solution

Type

  • Network Security
  • Cyber Threat Intelligence
  • IT Infrastructure
  • Logistics and Operations Security
  • Training Services
  • Identity and Access Security
  • Data Security
  • Cloud Security

Solution

  • Threat Intelligence and Response Management
  • Identity and Access Management
  • Data Loss Prevention Management
  • Security and Vulnerability Management
  • Unified Threat Management
  • Enterprise Risk and Compliance
  • Managed Security
  • Others

Deployment Mode

  • Cloud
  • On-Premise

Application

  • Army
  • Navy
  • Air Force

Military Cybersecurity Market Regional Analysis/Insights

The military cybersecurity market is analysed and market size insights and trends are provided by platform, type, solution, deployment type, application as referenced above.

The countries covered in the military cybersecurity market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America leads the military cybersecurity market due to the increase in the number of cyberattacks and high investment by the U.S., government in the research and development (R&D) of advanced cybersecurity systems.

Asia-Pacific is expected to expand at a significant growth rate of over the forecast period owing to the factors such as a rise in the number of service providers offering various services and solutions, along with significant investments made by governments in the region. These investments aim to enhance technological infrastructure and promote the adoption of advanced services, driving the market's expansion in the Asia-Pacific region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Military Cybersecurity Market Share Analysis

The military cybersecurity market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to military cybersecurity market.

Some of the major players operating in the military cybersecurity market are:

  • Qualcomm Technologies, Inc. (U.S.)
  • Microsoft (U.S.)
  • Oracle (U.S.)
  • Cisco Systems, Inc. (U.S.)
  • Northrop Grumman. (U.S.)
  • Accenture (Ireland)
  • IBM (U.S.)
  • Thales (France)
  • Lockheed Martin Corporation. (U.S.)
  • General Dynamics Corporation (U.S.)
  • BAE Systems (U.K.)
  • Raytheon Technologies Corporation (U.S.)
  • Airbus (France)
  • Leonardo S.p.A. (Italy)
  • NETCENTRICS CORPORATION (U.S.)
  • Fujitsu (Japan)
  • CyberArk Software Ltd. (U.S.)
  • Booz Allen Hamilton Inc. (U.S.)
  • Check Point Software Technologies Ltd (Israel)
  • Rapid7 (U.S.)
  • Fortinet, Inc. (U.S.)


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