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Rising
at a moderate CAGR of 4.40% between 2015 and 2021, the global cyber
weapon market is likely to reach US$521.8 bn in 2021. The report
presents insights into the factors driving and restraining the global
market for cyber weapons.
Full Report Description is available at:
Cyber
weapons are software codes or programs powered by zero-day exploits
and vulnerabilities aiming to violate the confidentiality of targeted
systems. With the emergence of cyberspace as a new podium for
warfare, cyber weapons have gained much importance globally.
Furthermore, rising threat to cyber security from adversary nations
is also impelling governments to invest more in the development of
novel cyber warfare techniques, particularly in critical
infrastructure such as smart power grids, industrial control system,
and national defense systems.
Regionally,
the report segments the global market for cyber weapons into Asia
Pacific, Europe, North America, and Rest of the World (RoW). Among
these regions, North America leads the global cyber weapon market and
is anticipated to maintain its dominance through the report’s
forecast period. Increasing investment by the U.S. government to
secure their defense system and overall IT infrastructure from
cyber-attacks is fuelling demand from the North America cyber weapon
market.
Expansion
of the arms manufacturing industry in the cybersecurity business and
rising demand for advanced techniques of cyber warfare are further
fuelling the demand from the cyber weapon market. Despite exhibiting
positive growth in demand, the cyber weapons market faces hindrance
from stringent government regulations restricting the access to cyber
weapons to legal institutions or organizations.
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The Sample Research Report at:
On
the basis of type, the global cyber weapon market can be segmented
into offensive and defensive cyber weapons. At present, organizations
focus more on defensive technology. However, they are gradually
shifting their focus on developing offensive cyber capabilities and
setting up units to train professionals. Such activities lead to
overall growth of the global cyber weapon market.
In
terms of application, the report segments the global cyber weapon
market into communication networks, national defense systems,
financial and banking, industrial control systems, smart power grids,
automated transportation systems, air traffic control, and hospitals.
Of these, the national defense systems segment holds the largest
share in the global cyber weapon market in terms of revenue. The
defense sector will continue to dominate the global market during the
forecast period as well, states the report.
To
present a holistic overview of the market, the report also analyzes
the prevailing vendor landscape. It therefore profiles prominent
companies such as The Boeing Company, Lockheed Martin Corporation,
Raytheon Company, BAE Systems plc, and General Dynamics Corporation.
Global
Cyber Weapon Market: By Type
>
Defensive
>
Offensive
Global
Cyber Weapon Market: By Application
>
National Defense System
>
Communication Network
>
Industrial Control System
>
Financial and Banking
>Smart
Power Grid
>
Air Traffic Control
>
Automated Transportation System
>
Hospital
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