Military Cyber Security market is projected to grow at a CAGR of 7.6% by 2034: Visiongain

Visiongain has published a new report entitled Military Cyber Security Market Report 2024-2034: Forecasts by Deployment Mode (Cloud-based, On-premise), by Component (Hardware, Software, Services), by End-user (Army, Navy, Air Force, Cyber Commands), by Security Type (Network Security, Endpoint Security, Application Security, Cloud-based Security, Data Security), by Solutions (Threat Intelligence and Response Management, Identity and Access Management (IAM), Intrusion Detection and Prevention Systems (IDPS), Security Information and Event Management (SIEM), Firewall, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis.

The global military cyber security market was valued at US$28.4 billion in 2023 and is projected to grow at a CAGR of 7.6% during the forecast period 2024-2034.

Emergence of Advanced Persistent Threats (APTs)

Advanced Persistent Threats (APTs) are sophisticated cyber-attacks conducted by well-funded and highly skilled adversaries, such as nation-state actors and cyber espionage groups, with the intent to infiltrate, exfiltrate, and persist within targeted military networks for extended periods without detection. APTs often employ stealthy tactics, techniques, and procedures (TTPs) to evade traditional security defences and exploit vulnerabilities in software, hardware, and human factors. Detecting and mitigating APTs require advanced threat intelligence, behaviour analysis, anomaly detection, and incident response capabilities to identify and neutralize ongoing cyber threats.

Strategic Shift Towards Offensive Cyber Operations

In response to evolving cyber threats and geopolitical tensions, military organizations are increasingly investing in offensive cyber capabilities to conduct cyber operations, including reconnaissance, espionage, sabotage, and information warfare, against adversaries. Offensive cyber operations enable military forces to disrupt enemy communications, disrupt critical infrastructure, manipulate information, and gain strategic advantages in cyberspace. However, offensive cyber operations also raise concerns about escalation, unintended…