By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
The military has been embracing Information Technology in mass, and with it comes the threat of data being stolen or being spied. This can be avoided by cybersecurity, which is designed to protect network, devices and data from unauthorized access or any kind of attack.
Cybersecurity has developed to an extent which can help the military be offensive in battlefields and defensive during peacetime. Only in the past few years, the depth of cybersecurity threats has been recognized, which has led to cyber warfare pushing military and civilian both to adopt cybersecurity.
Various regulations, such as Health Insurance Portability and Accountability Act (HIPPA), Department of Defense Information Assurance Certification and Accreditation Process (DIACA) and Payment Card Industry Data Security Standard (PCI-DSS), have underlined different guidelines and security features which should be followed by all organizations to minimize cyber threats.
Cybersecurity is provided in different forms for specific purposes. Some of which are listed below-
Cybersecurity threats are not confined to a particular area. It can be identity theft based, cloud-based, data security-based and many more, and that’s why the market is based upon the type of solution provided by different companies. Few are listed below-
NORTH AMERICA
Five of the U.S. defence contractors have been listed among the top 25 companies in the world providing cybersecurity. Last year, in 2019, the U.S. National Security Agency (NSA) launched a new directorate which will look after the efforts to counter cybersecurity threats towards national security systems and defence industrial base.
U.S. military is continuously eyeing towards advanced cybersecurity to counter and strike any cyber-attacks to their defense system.
US Army to develop “Covert and Secure” wireless devices. The U.S. Army researchers have been awarded a patent for inventing a practical method for Army wireless devices, such as radios, to covertly authenticate and communicate.
EUROPE
Since Russia’s annexation in Ukraine, NATO and the European Union are evolving together to either prevent or respond to any kind of unconventional tactics. Russia has been showcasing its electronic warfare capabilities in Syria and cyberattack campaigns in Latvia, Estonia and other places which have prompted the U.S. and European Union for advanced cybersecurity technologies to counter these cyberattacks.
ASIA PACIFIC
China has progressively increased its capabilities in cyber espionage and offensive operations which is seen as a new threat in the Asia Pacific by many experts. U.S. and China have been in cyberwar for a long time now, which was thought to be over after both country’s Presidents took oath in 2015 to cease any cyber espionage. The thirst for information and sensitive data is far from over, and most of the countries are investing billions in their cybersecurity.
Railway’s cybersecurity market in the Asia Pacific has also been booming in recent years.
MIDDLE EAST
Longstanding regional conflicts in the middle east have led to cyber aggression. Countries in the middle east have been exploiting other country’s weak infrastructures for different kinds of cyber espionage. Governments have been advised by many experts to implement policies against such attacks to decrease cybercrimes frequencies in the region.
Iran has been advancing towards military supremacy and cybersecurity in the region.
March 2021- More than 125 companies including Accenture, At&T Corp and BAE system were awarded indefinite-delivery / indefinite-quantity contracts under the Solutions for Information Technology Enterprise (SITE III) contract vehicle worth $12.6B.
Jan 2021- Elbit Systems has won a contract worth nearly $24 million contract from the Dutch Ministry of Defence to supply the Royal Netherlands Army (RNLA) with new vehicular tactical computers.
Nov 2020- General Dynamics wins $4.4B Department of Defense Enterprise office Solution (DEOS) cloud contract.
Oct 2020- General Dynamics awarded $761M for U.S. Southern Command Cyber Modernization.
Oct 2020- General Dynamics awarded $100M Defense Intelligence Agency Enterprise IT system modernization contract.
Sept 2020- Airbus to support Finland’s Situational Awareness, Cyber Security Systems under a signed contract.
Sept 2020- Pentagon reaffirms $10B Joint Enterprise Defense Infrastructure (JEDI) cloud award to Microsoft.
Lockheed Martin, Google in DARPA team for automatic identification of falsified media. An algorithm will be developed which will help analyst understand the “what”, “who”, “why” and “how” behind any kind of manipulations done by media.
India’s DRDO demos Quantum Communication Technology (QCT), in which Quantum key Distribution (QKD) scheme was performed using time-bin under realistic condition.
BAE systems launches GXP Fusion application to increase situational awareness. It leverages multiple intelligence sources to develop a single picture, simplifying complex data challenges for the modern analyst.
BAE systems rolls out Fox Shield Cyber Resilience System. Fox Shield suite is designed to help platforms detect, respond, and recover from cyber-attacks in real time.
Booz Allen launches SnapAttack Cloud-Based Purple Teaming Platform, that brings together actionable threat intelligence and hacker detection.
Raytheon launches Virtualized Testing Solution to assess cyber vulnerabilities. It will evaluate and reduce cyber threats against mission-critical systems in a modern networked space.
Pentagon reaffirms $10B Joint Enterprise Defense Infrastructure (JEDI) cloud award to Microsoft. The contract will provide enterprise level, commercial Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) to support U.S. DoD business and mission operations.
North America
The North American market, particularly the USA, will be one of the prime markets for (Military Cybersecurity) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements.
The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive.
Europe
The European market, particularly Western Europe, is another prime market for (Military Cybersecurity) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive.
In Western Europe, the margins for (Military Cybersecurity) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period.
Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe.
There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of (Military Cybersecurity) in the region.
Asia
Asia will continue to be the global manufacturing hub for (Military Cybersecurity Market) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region.
There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.
There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon.
Africa
Africa is expected to see the largest growth in (Military Cybersecurity Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations.
Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape.
RoW
Latin America and the Oceania region will showcase growth over the forecast period in (Military Cybersecurity Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices.
There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region.
USA – $210 billion is allocated to federal R&D with main focus on health research, clean energy, semiconductor manufacturing, sustainable textiles, clean energy, and advanced manufacturing. Investments by private players are mainly focused on technological development including 5G infrastructure and AI in the region.
Europe – EIC is investing €1 billion to innovative companies in sectors like AI, biotechnology, and semiconductors. There is also a focus on developing the ecosystem in the continent as well as improving the infrastructure for developing industries such as electric vehicles and sustainable materials. Private players are targeting data centers, AI, battery plants, and high end technological R&D investments.
Asia – There are investments to tackle a range of scientific and technological advancements in this region mainly coming in from China, India, South Korea, and Japan. This will include artificial intelligence, 5G, cloud computing, pharmaceutical, local manufacturing, and financial technologies. Many countries are aiming to be digital hubs including Saudi Arabia.
Africa – Investments in the region are focused on improving the technological capabilities in the region along with socio-economic development and growth. Private participants of investments in this region is venture capital dominated who are targeting the various growth elements of the region as social stability improves. The major industries are fintech, easier lending, and manufacturing.
Latin America – The focus in the region is for fintech, e-commerce, and mobility sectors. There are also investments in improving manufacturing in the region. Local investments is focused on improving the healthcare, and transportation infrastructure in the region. The region is attracting foreign investments to improve their ability to utilize the natural resources present in the region.
Rest of the World – The investments in this region are focused on clean energy, green metals, and sustainable materials. Funds in Australia are focused on solar energy and battery technologies, along with high end futuristic areas such as quantum computing. The main countries of private investment in ROW will be Australia, Canada, and New Zealand.
