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Cyber Weapon Market - Global Industry Analysis

Cyber Weapon Market by Type (Defensive and Offensive) By Application (National Defense System, Air Traffic Control, Hospital, Automated Transportation System, Industrial Control System, Communication network, Smart power grid, and others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 04-Jun-2021 Category: Technology & Media Report Format : PDF Pages: 150 Report Code: ZMR-1295 Status : Published

The global Cyber Weapon market accounted for USD 480.5 Billion in 2020 and is expected to reach USD 701.8 Billion by 2028, growing at a CAGR of around 4.9% between 2021 and 2028.

Description

Market Overview      

The global Cyber Weapon market accounted for USD 480.5 Billion in 2020 and is expected to reach USD 701.8 Billion by 2028, growing at a CAGR of around 4.9% between 2021 and 2028.    

Cyber weapons are malevolent software units installed to cause damage to opponent computer networks and systems. They intimidate the veracity and functionality of cardinal systems enabling global trails of exchange and communication, and has potential influences on economic, social and political order. The resolution of a cyber-outbreak not only military. Perilous nationwide organization such as telecom networks, the power grid system, air traffic control system, economy sector including banking and other financial institutes and railways can be major target as they severely rely on computerization and networking.

The players in the industry are focusing aggressively on innovation, as well as on including advanced technologies. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the Cyber Weapon market study.

COVID-19 Impact Analysis:

The restrictions imposed by various nations to contain COVID has led the organizations to concern about workforce’s welfare, financial stability and continuity of operations. Hence cyber-security is being overshadowed and the risks are rising.  However, the global markets are slowly opening to their full potential and theirs a surge in demand. The market would remain bullish in upcoming year.  The significant decrease in the global Cyber Weapon market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.

Growth Factors

Mounting requirement by the private & government organizations to avoid monetary losses as a result of hacking & cybercrimes is expected to drive the cyber weapon market growth over the coming years. Furthermore, rise in the use of internet across the globe and large focus on setting up & securing critical infrastructure facility is likely to spur the business trends in the near future.  Rising concern for keeping a surveillance in the system, securing financial losses are the factors propelling the market

Strict legislations governing the creation and utilization of cyber weapons, however, are likely to restrict the scope of cyber weapon industry over the span of next few years. Nevertheless, high demand for cyber security in myriad sectors and shifting focus of firms manufacturing arms & ammunitions towards production of cyber weapons will create lucrative avenues for the market, thereby normalizing the impact of hindrances on the cyber weapon market, reports the cyber weapon market study.

Report Scope:  

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview  

Cyber Weapon market is divided into application, type, and region. By type the market is bifurcated into Offensive and Defensive. The Defensive segment is anticipated to grow owing to rising concern for averting weapons development and its deployment for mass devastation. Several countries are intending to invest in internet warfare competences.

By application the market is segmented into National Defense System, Air Traffic Control, Hospital, Automated Transportation System, Industrial Control System, Communication network, Smart power grid, and others. National Defense System segment is projected to grow rising threats for cyber warfare across the globe. The extenuation of losses occurring due to cyber-attacks leading to financial disruption along with improvisation of government efficiency, cyber security are the factors stimulating the market.

Key Market Players & Competitive Landscape

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global air quality control system market are Boeing Company., Lockheed Martin Corporation., Cisco Systems, McAfee, Inc., General Dynamics Corporation, BAE Systems plc., Symantec Corporation, Northrop Grumman Corporation, Raytheon Company., and General Dynamics Corporation.

 The global Cyber Weapon Market is segmented as follows:

By Type

  • Defensive
  • Offensive

By Applications  

  • National Defense System
  • Air Traffic Control
  • Hospital
  • Automated Transportation System
  • Industrial Control System
  • Communication network
  • Smart power grid
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Cyber Weapon Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Cyber Weapon Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Defensive
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Offensive
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Cyber Weapon Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. National Defense System
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Air Traffic Contrul
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Hospital
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Automated Transportation System
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Industrial Contrul System
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.7. Communication network
      • 5.7.1. Market Size and Forecast, By Region (USD Billion)
      • 5.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.7.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.8. Smart power grid
      • 5.8.1. Market Size and Forecast, By Region (USD Billion)
      • 5.8.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.8.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.9. Others
      • 5.9.1. Market Size and Forecast, By Region (USD Billion)
      • 5.9.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.9.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Cyber Weapon Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Type Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Cyber Weapon Market: Company Market Share, 2019
      • 8.1.2. Global Cyber Weapon Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Cyber Weapon Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Cyber Weapon Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Boeing Company
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Lockheed Martin Corporation
    • 9.3. Cisco Systems
    • 9.4. McAfee
    • 9.5. General Dynamics Corporation
    • 9.6. BAE Systems plc
    • 9.7. Symantec Corporation
    • 9.8. Northrop Grumman Corporation
    • 9.9. Raytheon Company
    • 9.10. General Dynamics Corporation.
    • 9.11. AVG technulogies.
    • 9.12. BAE System plc.
    • 9.13. Avast software.
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Methodology

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.   

Primary Research

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:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

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.

Models

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:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

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.

Global-Cyber-Weapon-Market

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. 

Frequently Asked Questions

The global Cyber Weapon Market was valued at USD 480.5 billion in 2020.

The global Cyber Weapon Market is expected to reach USD 701.8 billion by 2028, growing at a CAGR of 4.9% between 2021 to 2028.

Mounting requirement by the private & government organizations to avoid monetary losses as a result of hacking & cybercrimes is expected to drive the cyber weapon market growth over the coming years. Furthermore, rise in the use of internet across the globe and large focus on setting up & securing critical infrastructure facility is likely to spur the business trends in the near future.

Regionally, North America has been leading the worldwide cyber weapon market and is anticipated to continue on the dominant position in the years to come, states the cyber weapon market study. Massive application of cyber weapons in aerospace and defense sectors as well as intelligence units is the main factor behind the dominance of the North America cyber weapon market. The high number of market players being headquartered in North America is another significant factor that is supporting the growth of this regional cyber weapon market.

Some of the major players of global Cyber Weapon market includes Boeing Company., Lockheed Martin Corporation., Cisco Systems, McAfee, Inc., General Dynamics Corporation, BAE Systems plc., Symantec Corporation, Northrop Grumman Corporation, Raytheon Company., General Dynamics Corporation., and Weber Ambiental.

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