Press release
Steady Expansion Forecast for Military Cybersecurity Market, Projected to Reach $20.91 Billion by 2029
Military Cybersecurity
What Is the Expected CAGR for the Military Cybersecurity Market Through 2025?
The size of the military cybersecurity market has undergone substantial growth recently. An expansion from $14.05 billion in 2024 to $15.14 billion in 2025, at a compound annual growth rate (CAGR) of 7.7%, is forecasted. Factors contributing to this historical period growth include increased cyber threats, a surge in state-endorsed cyber warfare, the necessity for critical infrastructure defense, emphasis on information assurance, and requirements for regulatory compliance.
What's the Projected Size of the Global Military Cybersecurity Market by 2029?
In the coming years, the military cybersecurity market is anticipated to witness robust growth, reaching $20.91 billion in 2029, with a compound annual growth rate (CAGR) of 8.4%. The predicted growth in this timeframe may be due to factors like a lack of cybersecurity expertise, increased emphasis on supply chain security, the surge of cyber threat vectors, national security necessities, and international cooperation on cybersecurity. Several key trends expected during this forecast period comprise of fast-paced technological advancements, the incorporation of AI and machine learning, the harnessing of IoT and connected technologies, the use of cloud security for military operations and the application of the zero trust security framework.
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Top Growth Drivers in the Military Cybersecurity Industry: What's Accelerating the Market?
The military cybersecurity market is expected to grow due to an anticipated rise in cyberattacks. Cyberattacks are illegal attempts to infiltrate computer systems or networks with the intent to cause harm, steal information, deliberately incapacitate machines, or use a compromised computer as a platform for further attacks. Secure information resources are crucial to maintain the integrity of military operations. Military cybersecurity serves to guard against attacks on social networks and safeguard data, networks, and other specified systems. As an example, Parachute Technology, a U.S. IT solutions firm, noted that global government cyberattacks surged by 95% in the latter part of 2022. The general cost of a public sector data breach rose by 7.25%, from $1.93 million in 2021 to $2.07 million in 2022. As a result, this rise in cyberattacks is seen as a key driving force for the expansion of the military cybersecurity market.
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What Trends Will Shape the Military Cybersecurity Market Through 2029 and Beyond?
Leading corporations in the military cybersecurity sector are prioritizing the creation of inventive products to maintain their market dominance. For example, in July 2022, CCX Technologies, a company based in Canada that manufactures a variety of products for aerospace OEMs, aircraft maintenance teams, and military contractors, introduced the SystemX enterprise cybersecurity software. The first of its kind engineered specifically for direct engagement with aviation, aerospace, and defense systems, the product aims to safeguard onboard networks from cyber threats. The SystemX Enterprise package provides a full suite of customizable cyber defense and security software tools, maintenance services, and professional integration support. The versatility of SystemX Enterprise makes it suitable for numerous needs, particularly across various automotive platforms.
What Are the Main Segments in the Military Cybersecurity Market?
The military cybersecurity market covered in this report is segmented -
1) By Type: Defensive Cybersecurity, Offensive Cybersecurity
2) By Platform: Hardware, Service, Software
3) By Security Type: Network Security, Cyber Threat Intelligence, IT Infrastructure, Logistics And Operation Security, Training Services
Subsegments:
1) By Defensive Cybersecurity: Network Security Solutions, Endpoint Security, Data Protection and Encryption, Intrusion Detection and Prevention Systems (IDPS), Security Information and Event Management (SIEM)
2) By Offensive Cybersecurity: Penetration Testing, Red Teaming, Cyber Warfare Tools, Threat Intelligence and Analysis, Vulnerability Assessment and Exploitation Tools
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Which Top Companies are Driving Growth in the Military Cybersecurity Market?
Major companies operating in the military cybersecurity market include Airbus SE, Raytheon Technologies Company, Lockheed Martin Corporation, International Business Machines Corporation, Cisco Systems Inc., Northrop Grumman Corporation, BAE Systems plc, Thales Group, Leidos Holdings, Inc., General Dynamics Mission Systems Inc., Booz Allen Hamilton Inc., Science Applications International Corporation, ST Engineering Ltd., Israel Aerospace Industries Ltd., Perspecta Inc., ManTech International Corporation, CACI International Inc., Check Point Software Technologies Ltd., Palantir Technologies Inc., QinetiQ Group plc, FireEye Inc., Salient CRGT
Which Regions Will Dominate the Military Cybersecurity Market Through 2029?
North America was the largest region in the military cybersecurity market in 2024. It is expected to be the fastest-growing region in the global military cybersecurity market size forecast period. The regions covered in the military cybersecurity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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