Global Military Cybersecurity Market to Reach USD 66.3 Billion by 2034
The global military cyber security market is projected to grow significantly, reaching approximately USD 66.3 billion by 2034, driven by escalating cyber threats and increased defense modernization efforts. North America currently dominates this market, holding a substantial share due to robust defense budgets and advanced cybersecurity policies. With military operations increasingly reliant on digital systems, the importance of effective cyber defenses is underscored by a 250% rise in cyberattacks targeting military assets. The integration of AI and automation is transforming cyber defense strategies, enhancing real-time threat detection and response capabilities. This shift is crucial as nations recognize the imperative to safeguard sensitive military information amidst rising geopolitical tensions, indicating a broader trend towards the prioritization of cyber resilience in national defense strategies.