Global Military Cybersecurity Market 2019-2023
About this market
Machine learning is a subset of Al. Researchers are conducting a substantial amount of R&D activities in this field. This is resulting in an increased adoption of AI by replacing human monitoring and analysis. As a result, probability of human error will reduce, and the effectiveness of cybersecurity solutions will increase. Technavio’s analysts have predicted that the global military cybersecurity market will register a CAGR of over 4% by 2023.
Increase in adoption of cloud-based services
Many defense agencies are adopting cloud-based services as they do not have their own security infrastructure. These services cover various applications such as authentication processes, biometric information storage, Big Data computing, and video management. This in turn, enable military forces experience better flexibility and scalability.
System integration and interoperability issues
Many defense agencies experience the issue of integration while implementing network security solutions.
For the detailed list of factors that will drive and challenge the growth of the global military cybersecurity market during 2019-2023, view our report.
The market appears to be fragmented with the presence of many companies. Factors such as the high adoption of Al and machine learning and increase in adoption of cloud-based services, will provide considerable growth opportunities to military cybersecurity market vendors. BAE Systems, General Dynamics, Lockheed Martin, NORTHROP GRUMMAN, and Thales are some of the major companies covered in this report.
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