The Global Cybersecurity market 2013-2023

With the increasing importance of information and communication technologies both on and off the battlefield, new research released by Strategic Defence Intelligence shows robust global spending on cyber warfare systems until 2023, with the market expanding from US$11.1 billion in 2013 to US$19.4 billion by 2023 – a CAGR of 5.77%. 

This significant growth is further fuelled by a surge in the number of cyber attacks, the pressure of austerity measures on Western defense budgets, and the relentless advancement in cybercrime technologies. 

This report provides an in-depth analysis of:

• Global cybersecurity market size and drivers

• Recent development and industry challenges

• SWOT analysis of the cybersecurity market

• Global cybersecurity country analysis

• Main programs to be executed over the next decade

• Competitive landscape and strategic insights

Some key insights include: 

• The global cyber warfare market is expected to grow at a CAGR of 5.77%

• North America is projected to represent the largest market share

• Asia will overtake Europe and hold the second largest market share by 2023

• The increased pace of cyber crimes will drive innovation and new products

• Western austerity measures will encourage consolidation

The Global Cybersecurity Market 2013-2023’ is required reading for those serious about reacting to market trends and capitalising on opportunities in the global cybersecurity sector. 

To learn more about this report, click here

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