The North America Defense Cyber Security Market would witness market growth of 6.0% CAGR during the forecast period (2022-2028).
Like any other institution or industry, the military relies on cybersecurity to keep itself safe. The number of social security and the nation’s top secrets are the data that need to be protected. Family information, health records, fingerprints, etc., are the data that should be kept safe from any vulnerabilities or adversaries who could try to take advantage of them.
Military forces have developed cyber capabilities to help them in combatting and safeguarding their networks from enemies. The military plays a significant role in supplying national signal intelligence to the nation regularly. The military is always better resourced than other governmental arms due to its mission-oriented structure.
The US has taken steps to adopt AI in the military, including building data literacy, cultural mindset, data governance, and infrastructure that contains cloud computing. The US military uses AI in their weaponry for target detection. In various exercises, the military has shown the precise utilization of AI on the battlefield, further accelerating its defense adoption. The adoption of AI in the military for multiple purposes, joint with the new purchase of fighter jets, will surge the usage of cyber security in the defense to protect the aircraft and database of the military from any cyber-attacks. As a result, the market players would witness immense growth opportunities in the region.
The US market dominated the North America Defense Cyber Security Market by Country in 2021, thereby, achieving a market value of $8,557 million by 2028. The Canada market is experiencing a CAGR of 8.4% during (2022 - 2028). Additionally, The Mexico market would register a CAGR of 7.5% during (2022 - 2028).
Based on Deployment, the market is segmented into On-premise and Cloud. Based on Type, the market is segmented into Endpoint Security, Network Security and Content Security. Based on Offering, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into Identity & Access Management, Security & Vulnerability Management, Data loss Prevention Management, Threat intelligence & Response Management, Unified Threat Management, Enterprise risk & Compliance, Managed Security and Others. Based on Application, the market is segmented into Military, Communication Networks, Public Utilities and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Defense Cyber Security Market is Predict to reach $33.7 Billion by 2028, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, AT&T Inc., IBM Corporation, BAE Systems plc, Thales Group S.A., DXC Technology Company, Cisco Systems, Inc., Raytheon Technologies, Corporation (Collins Aerospace), Lockheed Martin Corporation, Northrop Grumman Corporation.
By Deployment
By Type
By Offering
By Application
By Country
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