Global Military Cybersecurity Market 2019-2023 | High adoption of Artificial Int ...

LONDON (BUSINESS WIRE) #ITSecurity The global military cybersecurity market is expected to post a CAGR of

over 4% during the period 2019-2023, according to the latest market

research report by Technavio .

A key factor driving the growth of the market is an increase in the

adoption of cloud-based services. Defense agencies are adopting

cloud-based services for various applications such as authentication

processes, video management, biometric information storage, and big data

computing. The flexibility and scalability of cloud-based solutions help

military forces in meeting their varying needs. Cloud data security is

of paramount importance for these organizations as they generate massive

volumes of data on a daily basis and also need to ensure their security.

The adoption of cloud-based services is increasing as several defense

agencies do not have their own security infrastructure. Moreover, the

military sector is likely to adopt Al-based cybersecurity as it produces

and stores highly sensitive military information. This sector can become

a prime target for cybercrimes, and thus, it is important for military

organizations to protect confidential data from malicious attacks and

threats. Thus, the rising adoption of cloud-based services and growing

cloud data security concerns are expected to lead to the increased

adoption of military-grade cybersecurity solutions.

This market research report on the

global

also provides an

analysis of the most important trends expected to impact the market

outlook during the forecast period. Technavio classifies an emerging

trend as a major factor that has the potential to significantly impact

the market and contribute to its growth or decline.

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In this report, Technavio highlights the high adoption of al and machine

learning as one of the key emerging trends in the global military

cybersecurity market:

Global military cybersecurity market: High
adoption of AI and machine learning

The development and adoption of Al and machine learning are expected to

drive economic growth, especially in developed economies, because of the

high degree of automation across all industries. Developed economies are

adopting Al-based solutions at a faster rate than developing countries.

This is mainly because developed countries have a more advanced

infrastructure to support the adoption of new technology. Machine

learning understands and delivers the output in a way that is similar to

human beings, but without the need for extensive programming. Autonomous

vehicles, speech recognition, and advanced web searches are some of the

technologies that use machine learning. Thus, with its growing adoption,

AI will replace human monitoring and analysis, which will eventually

reduce the probability of human error. This will result in more

effective cybersecurity solutions.

“Apart from the high adoption of Al and machine learning, other

factors boosting the growth of the military cybersecurity market are the

emergence of IoT analytics, rapid increase in the use of IoT devices,

says a senior analyst at

Technavio for research on IT security.

Global military cybersecurity market:
Segmentation analysis

This market research report segments the global military cybersecurity

market by type (network security, data security, identity and access,

and cloud security) and geographical regions (APAC, EMEA, and the

Americas).

The network security segment led the market in 2018 with a market share

of close to 38%, followed by data security, identity and access, and

cloud security respectively. However, during the forecast period, the

identity and access segment is expected to register the highest

incremental growth, followed by the cloud security segment.

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Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

Technavio

is a leading global technology research and advisory company. Their

research and analysis focuses on emerging market trends and provides

actionable insights to help businesses identify market opportunities and

develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists

of more than 10,000 reports and counting, covering 800 technologies,

spanning across 50 countries. Their client base consists of enterprises

of all sizes, including more than 100 Fortune 500 companies. This

growing client base relies on Technavio’s comprehensive coverage,

extensive research, and actionable market insights to identify

opportunities in existing and potential markets and assess their

competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team

at media@technavio.com .

Contacts

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Media & Marketing Executive

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+1 844 364 1100

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www.technavio.com

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