Global Defense Electronic Security and Cybersecurity Market Overview:
Defense Electronic Security and Cybersecurity is a defense mechanism system which offers a security related hacking and other internet fraud to the firms. The threats to military assets or the online hacking can be prevent by defense and electronic security and cybersecurity. It provides advanced military defense system; which helps military in crucial mission Defense Electronic Security and Cybersecurity also provide information radar warfare information and aerospace information.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Increasing Cyber Attacks on Various Firms
- Increasing Demand in Military Defense
- Increasing Demand in Radar Electronic Warfare
Roadblocks
- High Cost Installation and Maintenance Associated
Opportunities
- Innovation of Fifth Generation (5G) Technology
- Growth in Information Technology Industry
Challenges
- Lack of Expertise and Professional
- Difficulty in Providing an Accurate Data
- Difficulty in Facing Software Vulnerabilities
Competitive Landscape:
The market for Defense Electronic Security and Cybersecurity is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as service innovation and using various marketing strategies to gain a higher market share.
Some of the key players profiled in the report are Leidos Holding Inc. (United States), TNO (Netherlands), IBM (United States), Accenture (United States), CyberCX (Australia), Cisco ( United States), Thales Group (France), Viasat Inc (United States), General Dynamics (United states), Northrop Grumman Corporation (United States), Tata Consultancy Service (India) and BAE Systems (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Leidos Holding Inc. (United States), TNO (Netherlands), IBM (United States), Accenture (United States), CyberCX (Australia), Cisco ( United States), Thales Group (France), Viasat Inc (United States), General Dynamics (United states), Northrop Grumman Corporation (United States), Tata Consultancy Service (India) and BAE Systems (United Kingdom). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Defense Electronic Security and Cybersecurity market by 2027. Considering Market by Cybersecurity , the sub-segment i.e. Critical infrastructure security will boost the Defense Electronic Security and Cybersecurity market. Considering Market by Service, the sub-segment i.e. Controlling Engagements will boost the Defense Electronic Security and Cybersecurity market. Considering Market by Deployment , the sub-segment i.e. Cloud Based will boost the Defense Electronic Security and Cybersecurity market.
Latest Market Insights:
On 9 June 2022, A/NZ Cyber Security Services Firm Cybercx Has Acquired Specialist Companies Tracer Cloud And Consegna Cloud. The Acquisition Of Tracer Cloud And Consegna Bolsters Cybercx’s Cloud Security Capabilities, Bringing Together A Workforce Of Over 150 Cloud Security And Solutions Specialists. Cybercx Has More Than 1000 Employees Across The Tasman.
On 24 February 2022, Tata Consultancy Services (TCS) Has Launched Its Cyber Defense Suite—A Comprehensive Set Of Modular, Quickly Adoptable Cyber Security Services Offered On A Platform To Give Leaders Confidence And Agility To Grow Their Digital Enterprises.
HIPAA, Gramm-Leach-Bliley Act, And The Homeland Security Act Are The Three Most Crucial Federal Cybersecurity Laws In Effect Today. These Three Requirements Necessitate That Healthcare, Financial, And Government Entities Ensure The Security Of Their Systems And Data. In Any Case, It’s Hard To Predict Whether An Acceptable Level Of Protection Would Be Successful. The Federal Information Security Management Act (FISMA) Mandates That All Federal Agencies Implement Information Security Policies, Concepts, And Standards. This List Excludes Internet Service Providers And Software Developers. Standards’ Use Of Vague Language Makes This More Challenging.
What Can be Explored with the Defense Electronic Security and Cybersecurity Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Defense Electronic Security and Cybersecurity Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Defense Electronic Security and Cybersecurity
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Defense Electronic Security and Cybersecurity market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Defense Electronic Security and Cybersecurity market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Defense Electronic Security and Cybersecurity Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.