Global Persistent Threat Detection System (PTDS) Market: Overview
The persistent threat detection system (PTDS) is a huge helium-filled system that is lighter in weight than the air system. It offers communication assistance to soldiers, identification, surveillance, and long-range information. It also involves different ways of communication including auditory forms, written, visual, verbal, and others. Military communication typically relies on a complex and diverse network of hardware along with different protocols for transmitting the messages across the people geographically.
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. |
Global Persistent Threat Detection System (PTDS) Market: Growth Factors
The growth of the global persistent threat detection system (PTDS) market is expected to be powered by growing demand for advanced tactics. The market is expanding and thereby supporting many activities, including target selection, in addition to border defense combat damage assessment and region control. However, this complex business involves the inclusion of several critical emerging technologies like metamaterials, artificial intelligence, and robotics to maximize the information delivery process in an actionable manner precisely and timely. Also, the other major factor driving the growth of the global persistent threat detection system (PTDS) market includes the growing number of advanced cyber-attack cases and security breaches like persistent threats, ransomware, malware, and zero-day exploits, which are further compelling the end-users to opt for advanced persistent threat protection market. Cyber-attacks are hampering the productivity of businesses and also causing loss to critical IT infrastructure, thereby stealing sensitive data and information. With the significant spike in digital transactions across different industries, cybercrime became more prominent. Therefore, to avoid data breaches and data leakages, these persistent threat detection systems became mandatory. Besides this, the growing interest of people towards adopting cloud-based AP protection services and solutions are further likely to offer lucrative growth opportunities in the global persistent threat detection system (PTDS) market in the forthcoming years. The companies clinging to cloud-based models are now more susceptible to a number of cyberattacks than before. However, the outbreak of the Covid-19 pandemic has made a long-term structural change in the global persistent threat detection system (PTDS) market as the world is facing cyber-attacks more than before due to the fact that an increasing number of organizations are going online and adopting cloud-based models. Thereby, many tech firms and other startups are opting for innovative solutions for threat detection, thereby fueling the growth of the global persistent threat detection system (PTDS) market in the forthcoming years. Major powers like the US have stopped military exercises and troops movement to prevent possible attacks and breaches as a consequence of pandemics. Amid the Covid pandemic period, national safety emerged as the foremost concern. Safeguarding soldiers and citizens became a prime requirement therefore, the need to maintain and handle tactical procurement associated with the defense sector continued in several countries.
Global Persistent Threat Detection System (PTDS) Market: Segmentation
The global persistent threat detection system (PTDS) market can be segmented into application, type, and region.
By application, the market can be segmented into defense and aerospace. The defense segment accounts for the largest share in the global market due to the increasing possibility of cyber-attacks and security breaches in the military sector.
By type, the market can be segmented into T-PTDS, B-PTDS, and others.
Global Persistent Threat Detection System (PTDS) Market: Regional analysis
North America accounts for the largest share in the global persistent threat detection system (PTDS) market due to the ongoing technological advancements in the region. Additionally, the region is the hub of the defense sector and is likely to foresee exponential growth in the forthcoming years.
However, Asia Pacific is expected to be the leading region in the global persistent threat detection system (PTDS) market in the forthcoming years due to the growing initiatives by the government in the region to strengthen its military and defense power. Furthermore, the growing research activities in the region are likely to offer lucrative growth opportunities in the regional market during the forecast period.
Global Persistent Threat Detection System (PTDS) Market: Competitive Players
Some of the significant players in the global persistent threat detection system (PTDS) market include AXIS Communications, Telephonics, Northrop Grumman, Thales, Flir Systems, Smiths Group, and Lockheed Martin.
Global Persistent Threat Detection System (PTDS) Market: Regional Segment Analysis
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The growth of the global persistent threat detection system (PTDS) market is expected to be powered by growing demand for advanced tactics. The market is expanding and thereby supporting many activities, including target selection, in addition to border defense combat damage assessment and region control.
Some of the significant players in the global persistent threat detection system (PTDS) market include AXIS Communications, Telephonics, Northrop Grumman, Thales, Flir Systems, Smiths Group, and Lockheed Martin.
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