Cyber Weapon Market is expected to reach US$521.87 bn by 2021 |TMR

TMR added a New Report “2015-2021 Global Cyber Weapon Market Report Status and Outlook” in its Database. This report presents a comprehensive overview, market shares and growth opportunities of cyber weapon market by product type, application, key companies and key regions.

Over the next five years, Publisher projects that the global cyber weapon market stood at US$390 bn in 2014. Rising at a CAGR of 4.4% CAGR, the market is expected to reach US$521.87 bn by the end of 2021. With a share of 73.8%, the defensive cyber weapon segment dominated the market by type in 2014. Regionally, North America accounted for the leading share of 36% in the global market in 2014.

Key Brands mentioned in this report - The Boeing Company, Lockheed Martin Corporation, General Dynamics Corporation, Raytheon Company, BAE Systems plc, and Northrop Grumman Corporation are some of the leading players operating in the cyber weapon market

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The growth of the Cyber Weapon Market is also driven by factors, such as an increasing litigation in the Attorneys and Legal Supervisor and enterprise industry. However, factors such as high investment and installation cost are hindering the growth of this market.

Cyberspace has emerged as the new domain for warfare. Any information technology (IT) based system connected to the Internet is vulnerable to cyber-attacks. Cyber weapons are advanced cyber warfare tools that are powered with weaponized zero-day exploits or vulnerabilities in software primarily aimed for launching an effective cyber-attack on enemy networks. Hackers and cyber professionals are increasingly focused on developing cyber capabilities to infiltrate into enemy networks in order to violate confidentiality of the target. Additionally, cyber weapons are capable of data theft, espionage, and destruction of equipment and other critical systems such as industrial control system and national defense system.

Table of Content :

Chapter 1 Preface

1.1 Research description

1.2 Research Scope

1.3 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Market Overview

3.1 Introduction

3.2 Key Trend Analysis

3.3 Market Drivers

3.3.1 Impact Analysis of Drivers

3.3.2 Supply Side

3.3.2.1 Increasing investment by organizations to identify zero-day vulnerabilities

3.3.2.2 Expansion by traditional arms manufacturing companies in the cybersecurity business and demand for advanced cyber weapons

3.3.3 DemandSide

3.3.3.1 Increasing need for security in critical infrastructure and utilities

3.4 Market Restraints

3.4.1 Government regulations regarding non-proliferation of cyber weapons

3.5 Market Opportunities

3.5.1 Emergence of cyberspace as a new domain for warfare

3.6 Market Attractiveness, by Application, 2021

3.7 Market Share of Key Players