Global Defensive Cyber Weapons Market Overview
Defensive Cyber Weapons Market Size was valued at USD XX Billion in 2022. The Defensive Cyber Weapons market industry is projected to grow from USD XX Billion in 2023 to USD XX Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.50% during the forecast period (2023 - 2032). Increased requirements for defense intelligence and surveillance, adoption of new technology, and growing demand for infrastructure security are the key market drivers enhancing the market growth.
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Defensive Cyber Weapons Market Trends
- Growing need for defense intelligence and surveillance is driving the market growth
Market CAGR for defensive cyber weapons is driven by the rising demand for defense intelligence and surveillance in military operations. Defense intelligence and surveillance have observed a significant increase in recent years. More specialized surveillance skills are required due to growing international demands and the increasing use of irregular warfare. To achieve a tactical advantage, military organizations seek out the most innovative technologies. It creates a sizable promise for the market for cyber weapons. Modern military operations must increasingly include important elements of cyber warfare. These tools support military units in monitoring enemy activity, gathering intelligence, and planning attacks on hostile communication and infrastructure grids.
Additionally, market expansion will be aided by the adoption of strict cyber security rules as well as cutting-edge technologies like blockchain and artificial intelligence (AI) for risk analysis. The industry will continue to develop due to the internet’s quick spread and the large amount of sensitive information used by the military and government agencies. And other crucial businesses like banking and insurance are extremely susceptible to cyber-attacks.
The market for cyber weapons has grown as the need for infrastructure security has increased because they rely on technology and digital networks; industries like healthcare, finance, and transportation are now more vulnerable to cyber-attacks. Therefore, there is a growing demand for effective national critical infrastructure protection measures for banking systems and power grids. A major concern for national security is cyber security. It affects both the public and commercial sectors and covers a variety of national security issues, including terrorism, crime, and industrial and governmental espionage. In response to the growing security risks posed by or inside cyberspace, international organizations and countries have turned their attention to cyber security. Market participants are winning contracts for enhancing national security.
For instance, to serve the Army National Guard, General Dynamics Information Technology (GDIT) won the Guard Enterprise Cyber Operations Serve (GESOC) contract in August 2022. The one-year contract of USD 267 million has three option years. The GECOS program offers the Army National Guard Department of Defense Information Network IT infrastructure, cybersecurity, application hosting, and other services. As a result, it is anticipated that throughout the projection period, demand for defense cyber weapons will rise due to the growing demand for defense intelligence and surveillance. Thus, driving the Defensive Cyber Weapons market revenue.
Defensive Cyber Weapons Market Segment Insights
Defensive Cyber Weapons Type Insights
The Defensive Cyber Weapons market segmentation, based on type, includes defensive and offensive. The defensive segment dominated the market, accounting for the maximum of market revenue due to the destruction of systems and data or rising demand from corporates to defend against intellectual infrastructure theft.
Defensive Cyber Weapons Application Insights
The Defensive Cyber Weapons market segmentation, based on application, includes national defense systems, public utilities, automated transportation systems, smart power grids, industrial control systems, financial systems, communication networks and others. The national defense systems category generated the most income. A safety shield is being provided for the nation or state by adjusting the national defense system. One of the main drivers behind the advanced employment of cyber weapons in the national defense system is the rise in cyber-attacks and international wars.
Defensive Cyber Weapons End-User Insights
The defensive cyber weapons market segmentation, based on end-users, includes government, BFSI, corporate, and others. The government segment generated the maximum market revenue. The government’s extensive employment of cyber weapons in offensive cyber operations is blamed for the growth.
Figure 1: Â Defensive Cyber Weapons Market, by End-User, 2022 & 2032 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Defensive Cyber Weapons Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Defensive Cyber Weapons market area will dominate this market, owing to rising government initiatives towards defense and the cyber defense budget. In addition, the deployment of powerful cyber security systems inside government organizations, guard parts, and the military will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Â DEFENSIVE CYBER WEAPONS MARKET SHARE BY REGION 2022 (USD Billion)
Source Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Defensive Cyber Weapons market accounts for the second-largest market share due to the development of new cyberweapons to add to its arsenal. It is released to have a large cyber weapon program. Further, the German Defensive Cyber Weapons market held the largest market share, and the UK Defensive Cyber Weapons market was the fastest growing market in the European region.
The Asia-Pacific Defensive Cyber Weapons Market is expected to grow at the fastest CAGR from 2023 to 2032 due to rising defense spending, research and development activities. Moreover, China’s Defensive Cyber Weapons market held the largest market share, and the Indian Defensive Cyber Weapons market was the fastest growing market in the Asia-Pacific region.
Defensive Cyber Weapons Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Defensive Cyber Weapons market grow even more. Market participants are also undertaking a variety of strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Defensive Cyber Weapons industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Defensive Cyber Weapons industry to benefit clients and increase the market sector. In recent years, the Defensive Cyber Weapons industry has offered some of the most significant advantages to the defense sector. Major players in the Defensive Cyber Weapons market, including Northrop Grumman Corporation, Raytheon Technologies Corporation, Booz Allen Hamilton, Inc., Lockheed Martin Corporation, AO Kaspersky Lab, BAE Systems Plc, FireEye Inc., Broadcom Inc., Cisco Systems Inc., General Dynamics Corporation, and others, are attempting to increase market demand by investing in research and development operations.
The Raytheon Company was a significant industrial and defense company in the United States with manufacturing interests in both commercial and military electronics and weapons. Up to the beginning of 2007, it was engaged in corporate and special-mission aircraft. The largest maker of guided missiles in the world was Raytheon. The business combined with United Technologies Corporation in April 2020 to become Raytheon Technologies. Raytheon Australia, Raytheon Canada Limited, activities in Japan, Raytheon Microelectronics in Spain, Raytheon UK (previously Raytheon Systems Limited, and Thales Raytheon Systems in France are just a few of the dedicated overseas operations that serve Raytheon’s companies. With a goal for a safer, more connected world, its values cut throughout the entire organization's’s activities, behaviors, and performance. In August 2022, the primary operating competency for the international Aircrew Strategic Network Terminal system, or ASNT, was provided to the US Air Force by Raytheon Intelligence & Space, a Raytheon Technologies company.
SynSaber comes from the quick and accurate motion of skilled swordplay. The company was inspired by Gérard Thibault d’Anvers, a master of fencing from Belgium who developed a thorough and scientific method of swordplay. The “Mysterious Circle” is a circular graphic that serves as a significant representation of the mathematical and actual location of a person and weapon in its guidebook “Academy de I’Espée.” The exact geometric relationship between opposing swordsmen, as well as its reach, range, and natural proportions, are shown in the Mysterious Circle. Swordsmen may successfully defend and counterattack by being aware of these proportions, which is at the heart of Thibault’s offensive and defensive strategy. In July 2021, new industrial cyber security company SynSaber received USD 2.5 million in seed funding from SYN Ventures and Cyber Mentor Fund. SynSaber is creating a network and industrial asset monitoring solution to offer continuous visibility into the status, threats and vulnerabilities.
Key Companies in the Defensive Cyber Weapons market include
- BAE Systems Plc
- FireEye Inc.
- General Dynamics Corporation
- Cisco Systems Inc.
- Booz Allen Hamilton Inc.
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Bradcom Inc.
- AO Kaspersky Lab
- Raytheon Technologies Corporation
Defensive Cyber Weapons Industry Developments
For Instance, August 2022 Blue Canyon Technologies LLC (“BCT” or “Blue Canyon”), a subsidiary of Raytheon Technologies and a manufacturer of small satellites and a mission services provider, recently celebrated the grand opening of its new CubeSat Factory in Boulder, Colorada.
For Instance, August 2022 Raytheon Intelligence & Space (Raytheon Technologies trade) joined hands with CrowdStrike, a leader in cloud-delivered protection of endpoints, identity, cloud workloads, identity, and data, to participate in its complementary end-point security goods into RI & S” Managed Detection and Response (MDR) service.
For Instance, July 2022 VerdeGo Aero and RTX Ventures, Raytheon Technologies’ corporate venture financing arm, joined hands to hustle the development of hybrid-electric propulsion technologies for cutting-edge air mobility applications.
Defensive Cyber Weapons Market Segmentation
Defensive Cyber Weapons Type Outlook
Defensive Cyber Weapons Application Outlook
- National Defense System
- Public Utility
- Automated Transportation System
- Smart Power Grid
- Industrial Control System
- Financial System
- Communication Network
- Others
Defensive Cyber Weapons End-User Outlook
- Government
- BFSI
- Corporate
- Other
Defensive Cyber Weapons Regional Outlook
-
North America
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
-
Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric
|
Details
|
Market Size 2022
|
USD XX Billion
|
Market Size 2023
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USD XX Billion
|
Market Size 2032
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USD XX Billion
|
Compound Annual Growth Rate (CAGR)
|
10.50% (2023-2032)
|
Base Year
|
2022
|
Market Forecast Period
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2023-2032
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Historical Data
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2018- 2022
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Market Forecast Units
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Value (USD Billion)
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Report Coverage
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Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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Type, Application, End-User, and Region
|
Geographies Covered
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North America, Europe, Asia Pacific, and the Rest of the World
|
Countries Covered
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The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
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Key Companies Profiled
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 BAE Systems Plc, FireEye Inc., General Dynamics Corporation, Cisco Systems Inc., Booz Allen Hamilton Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Braodcom Inc., AO Kaspersky Lab, and Raytheon Technologies Corporation
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Key Market Opportunities
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Improvements in technologies
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Key Market Dynamics
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Increase in demand for defense intelligence and surveillance.
Rising demand for infrastructure security
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Frequently Asked Questions (FAQ) :
The Defensive Cyber Weapons market size was valued at USD XX Billion in 2022.
The market is projected to grow at a CAGR of 10.50% during the forecast period, 2023-2032.
North America had the largest share in the market.
The key players in the market are BAE Systems Plc, FireEye Inc., General Dynamics Corporation, Cisco Systems Inc., Booz Allen Hamilton Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Braodcom Inc., AO Kaspersky Lab, and Raytheon Technologies Corporation.
The defensive category dominated the market in 2022.
The national defense system had the largest share in the market.