Visiongain has released a new report titled Military Cyber Security 2022-2032. Includes military cybersecurity market segment profiles and forecasts by deployment, market segment (cloud, on-premise) by platform, market segment (services, software, hardware) by security type, (network security, Cyber Threat Intelligence, IT Infrastructure, Logistics and Operational Security Market Segment, Training Services) by Solution (Threat Intelligence and Response Management, Identity and Access Management, Data Loss Prevention Management, Unified Threat Management, Enterprise Risk and Compliance, Managed Security ) as well as COVID-19 Impact Analysis and Recovery Model analysis (“V”, “W”, “U”, “L” shaped), profiles of leading companies, region and country.
The global military cybersecurity market has been valued at $ 14.187 million in 2021 and is expected to grow at a CAGR of 5.8% over the forecast period 2022-2032.
Most nation-states place a high priority on the military
Most nation-states place a high priority on the military as it can be compromised by cyber attacks whose source is often impossible to identify. Cyber attacks are extremely costly, have a major effect on the economy, and reduce public confidence in the ability of businesses and governments to protect customer information while still providing goods and services. Many wars will be fought in the coming years using computers, servers and electronic weapons. Information technology often combines two functions: offensive and defensive, non-violent and violent, legal and illegal.
NATO strengthens cyber position, sets defense innovation accelerator.
NATO announced on June 29 that it has adopted a new “strategic concept” that identifies Russia as the “most significant and direct threat” to the security and stability of NATO allies, incorporates cybersecurity initiatives more deeply into the NATO strategy. alliance and creates an Innovation Accelerator defense system “to strengthen our technological advantage”. Below these headlines, the new proclamation is interspersed with cyber security issues and recommendations.
Raytheon Intelligence & Space installs an expanded secure communications system for the Air Force
Recently, Raytheon Intelligence & Space completed the installation of the Air Force’s first Global Aircrew Strategic Network Terminal (ASNT) system. The terminal system, according to Raytheon representatives, upgrades existing secure communications systems, adds new capabilities for nuclear and non-nuclear command and control, and helps ensure reliable communications to provide secure communications systems to nuclear bombers, missiles and crews. support aircraft in harsh environments.
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How has COVID-19 had a significant negative impact on the military cybersecurity market?
Businesses and employees are being pushed like never before to change the way we work and communicate due to the COVID-19 pandemic. Companies are forced to rapidly digitize their business processes, create flexible and remote work environments, communicate with customers online and manage employee management primarily through digital channels. This presents an opportunity for the cybersecurity industry to respond to the rapidly increasing volume of cyber attacks and the growing number of businesses in need of cybersecurity services. Even before the COVID-19 pandemic affected our lives, there was already a shortage of cybersecurity professionals. The cybersecurity staff shortage affected nearly two-thirds of organizations in 2019, with around 500,000 professionals needed in the United States alone.
How will this relationship benefit you?
Visiongain’s 330 page report provides 151 tables and 178 charts / graphs. Our new study is suitable for anyone requiring in-depth business analysis for the global Military Cyber Security market, along with a detailed analysis of market segments. Our new study will help you evaluate the global global and regional market for military cybersecurity. Get financial analysis of the general market and different segments, including implementation, platform, solutions, type of security and company size, and gain higher market shares. We believe there are strong opportunities in this rapidly growing military cybersecurity market. Find out how to use existing and future opportunities in this market to gain revenue benefits in the near future. In addition, the report will help you improve your strategic decision making, allowing you to frame growth strategies, strengthen the analysis of other market players and maximize the productivity of the company.
What are the current market drivers?
Endpoint proliferation is opening up new avenues of attack
The avenues of attack are growing as the growth of endpoints continues. An endpoint is anything that communicates with a network and transfers data. Laptops, tablets, smartphones, and wearables are all vulnerable endpoints in addition to IoT devices such as security cameras, connected home appliances, voice assistants, and many other things that consumers and organizations may not consider dangerous. As more and more people start using the endpoint, there will be an increase in cyberattacks, as you can see in the graph above, cyberattacks are increasing rapidly and COVID-19 has skyrocketed. Through this endpoint, the military provides secure communications, broadcasts, media, reports, and makes secure calls, making them significant risk factors.
Increased adoption of the zero-trust architecture
Trust but verify is no longer a wise maxim. In the modern environment of remote work and cloud computing, the network no longer ends at the workplace. It’s over. The practice of constantly verifying the identities of network users before giving them access to data and apps is known as “zero trust.” A robust identity management system, endpoint security, encryption and continuous monitoring are the cornerstones of a zero-trust environment. To protect irreplaceable data assets, organizations must move quickly to create access control policies, authentication, and least privileged environments. No approach can be used to adopt a zero-trust framework.
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Where are the market opportunities?
By centralizing data and enabling data, the developing unified paradigm increases security
By centralizing data and enabling correlation of data and events at scale, the developing unified paradigm increases security. By having a centralized and automated response capability, it also reduces repair time. Ultimately, vendors will need to combine their security knowledge with powerful cloud data analytics / machine learning capabilities using this strategy.
Long overdue is a cybersecurity rethink that turns the ideas of usernames, passwords, and IP addresses into usable components that support their core purposes. Traditional components of computing, such as mainframes, operating systems, applications and networks, must be atomized, abstracted and virtualized to make the new digital ecosystem possible. Device identity and authentication should be the primary emphasis of cybersecurity in the context of requests for protected resources. Simply put, these assets include everything that, if breached, could pose a risk to the business. This includes data, networks and workloads, as well as the data flows that support them and the underlying infrastructure.
The main players operating in the military cybersecurity market are AT&T Intellectual Property, CACI International Inc., Cisco Systems Inc., Dell Inc., DXC Technology Company, General Dynamics Corporation, General Dynamics Mission Systems Inc., IBM Corporation, Leidos Holding Inc., Lockheed Martin Corp., Microsoft Corporation, Northrop Grumman Corporation, Oracle Corporation, Raytheon Technologies Corp., Unisys Corporation,. These major players operating in this market have adopted various strategies which include mergers and acquisitions, investments in research and development, collaborations, partnerships, regional business expansion and new product launches.
- May 2022, the National Security Agency (NSA) awarded General Dynamics Mission Systems a contract to design, develop, test and supply a 400 Gbps certifiable high-security encryption solution compliant with Ethernet Data Encryption Cryptographic Interoperability Specification (EDE-CIS)).
- June 2022, the US Department of Defense selected Northrop Grumman Corporation and Aeronix, Inc. to build a secure connective network layer in space that will support the Department of Defense concept for joint force.
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