Market Revenue Cyber Warfare Industry Analysis of Sales, Revenue | Page 2

Under application, defense sector accounts for a major share owing to exposure to cyber risks and potential
cyber threats. The defense sector is embracing IoT and new technologies pertaining to data security.
Geographical segmentation for cyber warfare market spans North America, South America, Europe, Asia-Pacific,
Middle East and Africa. North America market is likely to lead in the global scenario due to high-level network
infrastructure and presence of chip manufacturers.
In addition, North America witnesses rise in cyber defense budget, government policies and emphasizing cyber
security approaches. With the development of significant framework for cyber security within military, defense
and government agencies are further strengthening the North American market. European market is likely to
gain a huge traction with an objective to streamline cyber activities and stringent government policies for cyber
laws. Chip-based technology is another factor responsible for the market growth during the forthcoming period.
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Asia-Pacific’s cyber warfare market is anticipated to rise at a huge CAGR in the forthcoming period as APAC
sectors offer untapped potential opportunities for growth of cyber warfare application particularly due to
government regulations ensuring robust defense and increasing economic independence. Budget allocation for
cyber security in defense sector is likely to fuel the APAC market growth. Middle Eastern cyber warfare market
is estimated to witness a constant rise in the near future due to continuous rise in Internet users with specific
applications such as smartphones, laptops, notebooks and other smart devices.
Rise in private investments is adding to the market growth. Government policies are crucial in shaping the
market growth coupled with partnerships and collaborations. African cyber warfare industry is expected to rise
at a higher CAGR in the forthcoming period owing to adoption towards data technologies for retrieval, storage,
and analysis. Data distribution being a major part of information technology enables new corridors for African
market. In order to stop major cyber breaches originating in the African continent, the government have made
crucial amendment in policies for data security and sharing. However, lack of contingency and IT infrastructure
possibly deteriorates the African market. The key players in the cyber warfare industry include BAE System PLC,
Boeing, Lockheed Martin Corporation, General Dynamic Corporation and Raytheon Company.
Market Segment:
Cyber Warfare Application Outlook (Revenue, USD Billion, 2014 - 2025)
• Government
• Aerospace
• Homeland