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Global Cyber warfare Market to reach USD 154.1 billion by 2028

Global Cyber warfare Market Size study, by Application (Government, Aerospace, Homeland, Corporate, Others) and Regional Forecasts 2022-2028

Product Code: ICTEITS-54066342
Publish Date: 27-09-2022
Page: 200

Global Cyber warfare Market is valued approximately USD 46.97 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 18.5% over the forecast period 2022-2028. Cyber Warfare is usually defined as a cyber-attack or series of attacks and can be defined as a set of actions taken by a nation or organization to attack countries or institutions’ computer network systems to damage infrastructure using computer viruses or denial-of-service attacks. The rising Defense Spending Worldwide and increasing incidences of cyber-attacks in the defense sector are key drivers accelerating the growth of the Market. For instance, according to Stockholm International Peace Research Institute (SIPRI) – In 2021 world military expenditure surpassed the USD 2 trillion mark for the first time and reached USD 2113 billion. In addition, during 2021, the top spending countries including the United States, China, India, the United Kingdom, and Russia, together accounted for 62 per cent of expenditure. Also, rising Concern over Cybersecurity and increasing technological advancements in Defense Sector would create lucrative growth opportunities for the market during the forecast period. However, a dearth of skilled professional impedes market growth throughout the forecast period of 2022-2028.

The key regions considered for the Global Cyber warfare Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of revenue, owing to the dominance of government intervention in safeguarding the digital infrastructure, increasing the cyber defense budget, and the increasing focus on cybersecurity approaches. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as government regulatory reforms that ensure cyber security posture, quick economic development in underdeveloped nations, and a faster rate of technology improvement in cyberspace. The market would be driven over the forecast period by rising cyberattacks, which have become a crucial element in the defense budget allocation by governments of various nations in the region.

Major market player included in this report are:
BAE System plc
Palo Alto Networks, Inc.
General Dynamic Corporation
CrowdStrike Holdings, Inc
Raytheon Company
Fire Eye Inc.
Cisco
International Business Machines (IBM)
One Trust
Fortinet
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Government
Aerospace
Homeland
Corporate
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Cyber warfare Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Cyber Warfare Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Cyber Warfare Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cyber Warfare Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cyber Warfare Market Dynamics
3.1. Cyber Warfare Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising Defence Spending Worldwide.
3.1.1.2. Increasing incidences of cyber-attacks in defence sector.
3.1.2. Market Challenges
3.1.2.1. Dearth of Skilled Professionals.
3.1.3. Market Opportunities
3.1.3.1. Increasing Concern over Cybersecurity.
3.1.3.2. Rising technological advancements in Defence Sector.
Chapter 4. Global Cyber Warfare Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Cyber Warfare Market, by Application
6.1. Market Snapshot
6.2. Global Cyber Warfare Market by Application, Performance – Potential Analysis
6.3. Global Cyber Warfare Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
6.4. Cyber Warfare Market, Sub Segment Analysis
6.4.1. Government
6.4.2. Aerospace
6.4.3. Homeland
6.4.4. Corporate
6.4.5. Others
Chapter 7. Global Cyber Warfare Market, Regional Analysis
7.1. Cyber Warfare Market, Regional Market Snapshot
7.2. North America Cyber Warfare Market
7.2.1. U.S. Cyber Warfare Market
7.2.1.1. Application estimates & forecasts, 2018-2028
7.2.2. Canada Cyber Warfare Market
7.3. Europe Cyber Warfare Market Snapshot
7.3.1. U.K. Cyber Warfare Market
7.3.2. Germany Cyber Warfare Market
7.3.3. France Cyber Warfare Market
7.3.4. Spain Cyber Warfare Market
7.3.5. Italy Cyber Warfare Market
7.3.6. Rest of Europe Cyber Warfare Market
7.4. Asia-Pacific Cyber Warfare Market Snapshot
7.4.1. China Cyber Warfare Market
7.4.2. India Cyber Warfare Market
7.4.3. Japan Cyber Warfare Market
7.4.4. Australia Cyber Warfare Market
7.4.5. South Korea Cyber Warfare Market
7.4.6. Rest of Asia Pacific Cyber Warfare Market
7.5. Latin America Cyber Warfare Market Snapshot
7.5.1. Brazil Cyber Warfare Market
7.5.2. Mexico Cyber Warfare Market
7.6. Rest of The World Cyber Warfare Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. BAE System plc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Palo Alto Networks, Inc.
8.2.3. General Dynamic Corporation
8.2.4. CrowdStrike Holdings Inc
8.2.5. Raytheon Company
8.2.6. Fire Eye Inc.
8.2.7. Cisco
8.2.8. International Business Machines (IBM)
8.2.9. One Trust
8.2.10. Fortinet
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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