Cyber Weapons Market Research Report to 2022: Grand View Research, Inc.


Posted September 23, 2015 by snehali

New Market Research Reports Title “Cyber Weapons Market Analysis Size and Segment Forecasts to 2022” Has Been Added to GrandViewResearch.com Report Database

 
The global cyber weapons market is expected to gain prominence over the forecast period owing to surging threats to crucial infrastructures in various sectors such as government and corporate IT. Growing defence expenses paired with constant cyber weapons evolution as a warfare tool may positively impact market demand. Cyber weapons (malware or virus) are essentially used by paramilitary, military, and intelligence agencies to penetrate through enemy’s network. Surging need for securing sovereignty of the host nation and violating target’s privacy is a key force driving the global cyber weapons market extensively over the forecast period. Cyber weapon is used by cyber criminals for offensive purposes and by law enforcement officials for defensive purposes which may further propel market demand.
Browse full research report on Global Cyber Weapons Market: http://www.grandviewresearch.com/industry-analysis/cyber-weapon-market
The growing need for system surveillance, destruction & theft of target data, intellectual property, hardware, crucial manufacturing processes, and core business activities may drive cyber weapon market significantly. Growing demand for financial loss prevention by the opponent may also drve market growth significantly. Escalating demand across several application segments including military, public utilities, government organizations, communication networks, financial systems, and vital services (insurance and banking) may further drive the market exponentially in the near future. Enormous confidential data across these segments is extremely susceptible to unpredicted damages by deranged & outraged hackers paired with rouge digital mass shooters, which is anticipated to drive the market considerably.
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Rising cyber issues may upsurge demand for cyber weapons (defensive and offensive) ensuring security and military planning. Wide internet usage for variety of applications may lead to increase in cyber crime and related issues, which may further stimulate cyber weapon market demand. In order to maintain confidentiality of IT systems, cyber weapons are extensively used to detect, report, monitor, and counter attack cyber threats. The cyber weapons market is anticipated to grow significantly over the forecast period owing to the aforementioned benefits.
However, a major challenge to the market comprises preventing cyber weapon development and its offensive use, as it may lead to mass destruction, further creating disharmony worldwide. Further, cyber weapon, if used offensively, leads to cyber warfare and increases anonymity between hackers posing a major threat to this market.
The cyber weapons market is anticipated to be driven by increasing demand for offensive & defensive cyber weapons by NATO nations, specially the U.S., so as to defend their interest in cyber space. Further, investment in internet warfare capabilities by non-NATO nations is also expected to further drive the cyber weapons market demand over the forecast period. In addition, North America is expected to witness significant growth closely followed by Asia Pacific. This may be attributed to its increased usage in defence, aerospace, and intelligence areas.
Access More reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/network-security-software-and-services
Global cyber weapons market includes key players such as General Dynamics, Mandiant, BAE Systems, EADS, Boeing, Kaspersky Lab, Cisco Systems, AVG Technologies, Avast Software, Symantec Corporation, Northrop Grumman Corporation, and McAfee.



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Categories Business
Tags cyber weapons market , cyber weapons market share , cyber weapons market size , cyber weapons market trends
Last Updated September 23, 2015