MARKET OVERVIEWCyber threats are attempts based out of the internet to damage or disrupt information systems and hack critical information using various means, such as spyware and malware and by phishing. IT advancement, communications technologies have been changing the landscape of almost every country's defense networks. However, with rapidly evolving technology comes rapidly advancing threats. Cybersecurity solutions help defense organizations to monitor, detect, report, and handle cyber threats to maintain data confidentiality.
MARKET SCOPEThe "Global Defense Electronic Security and Cybersecurity Market Analysis to 2028"? is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the defense electronic security and cybersecurity market with detailed market segmentation by solution, security type and geography. The report provides key statistics on the market status of the leading defense electronic security and cybersecurity market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION- Based on solution, the global defense electronic security and cybersecurity market is segmented into identity and access management, unified threat intelligence and response management, data loss prevention management, security and vulnerability management
- On the basis of security type, the market is segmented network security, endpoint security, application security, cloud security, industrial control system security, other security
MARKET DYNAMICSDrivers:- The growing advancements in information technology, upgradation of existing weapons with intelligence, surveillance, and increasing volume of classified data gathered from various systems have demanded the use of reliable and enhanced cybersecurity solutions for the defense industry.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The defense electronic security and cybersecurity market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the defense electronic security and cybersecurity market in these regions.
IMPACT OF COVID-19ON DEFENSE ELECTRONIC SECURITY AND CYBERSECURITY MARKETCOVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERSThe report covers key developments in the defense electronic security and cybersecurity market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from defense electronic security and cybersecurity market are anticipated to lucrative growth opportunities in the future with the rising demand for airport tugs in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the defense electronic security and cybersecurity market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Viasat Inc.
- General Dynamics
- BAE Systems
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- L3 Harris Technologies
- Honeywell International Inc.
- Thales Group
- Lockheed Martin Corporation
- DXC Technology
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