Global cyber weapon market to estimates USD 524.27 billion by 2022, growing at a CAGR of 4.32% between 2017 and 2022.
The report analyzes and forecasts cyber weapon market on a global and regional level. The study offers past data of 2014-2016 along with forecast from 2017 to 2022 on the basis of revenue (USD Billion). Assessment of cyber weapon market dynamics gives a concise thought about the drivers and restraints for the market along with the impact they have on the demand over the forecast period. Furthermore, the report includes the study of opportunities available in the cyber weapon market on a global level.
The report provides a transparent view of the cyber weapon market. We have included a thorough competitive scenario and portfolio of prominent vendors operative in cyber weapon market. To understand the competitive landscape of cyber weapon market, an analysis of Porter’s Five Forces model for the market has also been included. The report offer market attractiveness analysis, wherein type, application and regional segments are benchmarked based on their general attractiveness, market size, and growth rate.
The study provides a crucial view on the cyber weapon market by segmenting the market based on type, application, and region. All the segments type, application, and region of cyber weapon market have been assessed on the basis of present and future trends and the market is estimated from 2016 to 2022. In term of type, cyber weapon market is classified into offensive and defensive weapons. The regional segmentation comprises of present and forecast demand in Asia-Pacific, Middle East & Africa, North America, Europe, and Latin America for cyber weapon market.
The competitive profiling of key players of cyber weapon market includes company and financial overview, business strategies adopted by them, their recent developments and product offered by them which can help in assessing competition in the market. Major participants in cyber weapon space include Boeing Company, Lockheed Martin Corporation, Cisco Systems, McAfee, General Dynamics Corporation, BAE Systems plc, Symantec Corporation, Northrop Grumman Corporation, Raytheon Company, General Dynamics Corporation, BAE System plc, Avast software and AVG technologies, among others.
The report segment of global cyber weapon market is as follows:
Cyber Weapon Market: Type Segment Analysis
Cyber Weapon Market: Application Segment Analysis
Cyber Weapon Market: Regional Segment Analysis
This report is based on in-depth qualitative and quantitative analyses of the global Cyber Weapon market. Zion Research has collected and analyzed key data belong to the global Cyber Weapon market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Cyber Weapon across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Cyber Weapon industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Cyber Weapon market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Cyber weapons are software codes or programs used to violate the confidentiality of targeted systems. Cyber weapons help to report, monitor, detect and counter attack cyber threats in order to sustain confidentiality of information technology systems. The defensive cyber weapon market is highly segmented because of the existence of various companies offering advanced cyber-security services. Cyber weapons are used to define a malware agent deployed for military, paramilitary, or intelligence objectives. In the past couple of years, cyberspace has emerged as a novel warfare domain.
Increasing usage of internet in different application areas is responsible for the tremendous growth of the cyber weapon market. Growing economy and rising number of crimes are also the major drivers for the growth of this market. Furthermore, the necessity of systems surveillance, intellectual property, theft & destruction of target data, and crucial processes of manufacturing activities are expected to drive the cyber weapon market in near future.
Major challenges to the global cyber weapons market are regulation imposed on the unregulated usage and development of cyber weapons as it leads to mass destruction and creates disharmony worldwide, if not used appropriately. Further, cyber weapons usage increases cyber warfare and anonymity among hackers, which may negatively impact the growth of cyber weapons market.
The market has enormous opportunity for growth in future due to the constant technological advancements to create smaller and smarter devices. Rising demand for defensive and offensive weapons by some nations, especially by U.S. may lead to significant growth in this market. Furthermore, complete security of networks is tedious which creates the demand for offensive cyber techniques. Cyber weapon market is majorly benefitted from the defensive cyber weapons segment. The defensive weapon market is anticipated to dominate the market throughout the forthcoming years.
Cyber weapon market is segmented on the basis of type, application, end-user and region. There two major types of cyber weapons available in the market include defensive and offensive weapons. At present, defensive technology is mostly widely used by the different organization. In terms of application, the market is fragmented into communication network, smart power grid, national defense system, air traffic control, hospital, automated transportation system, and industrial control system. Asia Pacific is expected to see the fastest growth during the forecast period on account of the presence of developing nations such as China and India. Europe and North America are early adopters to this technology, therefore will take up the large market share in coming years.
The major players operative in the cyber weapons market is Boeing Company, Lockheed Martin Corporation, Cisco Systems, McAfee, General Dynamics Corporation, BAE Systems plc, Symantec Corporation, Northrop Grumman Corporation Raytheon Company, General Dynamics Corporation, BAE System plc, Avast software and AVG technologies among others.