Defense Cyber Spending Set to Surge Amid Rising Attacks on Military Systems
MarketsandMarkets projects the cyber warfare market to nearly double from $14.99bn in 2026 to $28.75bn by 2031, driven by attacks on military systems.
A MarketsandMarkets report projects the global cyber warfare market will grow from $14.99bn in 2026 to $28.75bn by 2031. Growth is driven by rising attacks on military networks, reliance on connected platforms and cloud command-and-control systems, and Western investment in offensive cyber capabilities. Europe is projected to hold the largest market share, supported by NATO's shared cyber capabilities and joint exercises. Cloud-based security is expected to be the fastest-growing market segment.
- Cyber warfare market projected to double from $14.99bn (2026) to $28.75bn (2031)
- Europe expected to hold largest market share, aided by NATO initiatives
- Cloud-based security forecast as fastest-growing segment
- US memorandum authorizes offensive cyber collaboration with private firms
From the original article
2 min read at infosecurity-magazine.com
MarketsandMarkets has projected the cyber warfare market to double by 2031, amid growing demand for defensive and offensive cyber capabilities in the military
By James Coker · infosecurity-magazine.com
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