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.