The global cyber warfare market showcases a productive allure in the defense and security segment. Cyber warfare has witnessed dynamic progression from conventional defense approach, towards a new-fangled zone of operations to co-exist alongside land, air, and sea. Cyberspace transformation has led to the evolution of the defense sector as a whole new arcade to supplement the defense sales. This vibrant and complex sector is expected to be crucial for corporations seeking to grow in the defense sector as many nations seek to reduce overall defense expenditures. Expenditure in the cyber security sector is poised to be significant in terms of monetary value, as a range of global military and defense administrations, pace towards shadow-backing their networks and is expected to surge further over the forecast period.
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Amplified expenditure on novel technology and ever-growing cyber-attack menace are foreseen to be the major drivers for the cyber warfare market growth. Cyber-attacks in South Korea, the U.S., Estonia, and Georgia have supplemented authority to the augmented expenditure on global cyber security configuration, thereby spurring market growth. The speed of these developments is not expected to shrink disproportionately and the efforts to counter this prevalent proclivity are anticipated to upswing to a remarkable indentation.
The erudition of cyber attacks and their consequences have accomplished higher levels and researchers have projected that an unprotected computer with malware content can be scythed and employed for a Botnet within a short span of linking it to the Cyber warfare attacks are anticipated to augment over the forecast period, thereby causing significant indemnity to corporations and economies by larceny of large amounts of classified data that negatively impacts the financial system.
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Mounting vigilane trends among nations pertaining to implication of cyber security policy and perceiving attack outlines in cyber-crimes are few market trends expected to be portrayed by the host concerns. Machine learning technology, network-based IP sensor, and operation of FlowID10G are expected to transfigure the field of cyber warfare by providing superior network intrusion detection and control. Lack of comprehensive databases on malware and their foundation basis along with developing counter measures against cyber weapons are some challenges expected to be witnessed by the cyber warfare market over the forecast period. The cyber warfare market can be bifurcated on the basis of executive dominion into government cyber warfare and military cyber warfare.
Leading companies in cyber warfare market are EADS Group/Airbus Defense & Space, BAE Systems PLC, Booz Allen Hamilton Inc., Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Raytheon Company, and Computer Sciences Corporation (CSC).
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The acquisition of Arkoon Network Security by Cassidian SAS, a subsidiary of EADS Group symbolizes a supporting step in premeditated progression of Cassidian cyber- security to grow to be a principal European player in cyber-security products following its acquisition of Netasq.
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