Global Defense Electronics Security and Cybersecurity Market Value to Reach $51.59bn by 2025>
ASD News
“The global defense electronics security and cybersecurity market value is projected to reach $51.59 billion by 2025, reveals the premium market intelligence study. The study also highlights that the market value is set to witness a CAGR of 9.65% during the period between 2020 and 2025.

The key players profiled in the report include BAE Systems, Northrop Grumman Corporation, Raytheon Technologies Corporation, L3 Harris Corporation, Honeywell Security, Thales Group, Lockheed Martin Corporation, IBM Corporation, Cisco Systems, Symantec Corporation, DXC Technology, Booz Allen Hamilton, Intel Corporation, Airbus S.A.S, and Boeing, among others. Shipra Jain, Senior Research Analyst, states, “With the help of artificial intelligence, various countries are focusing on improving the capacity of intelligence communications and introducing new systems which are capable of responding and adapting to operational environment to carry out missions without humans. Focusing on such advanced technologies by countries is expected to lead significant opportunities for the players to retain the share in the defense electronics security and cybersecurity market.â
Link: https://www.asdnews.com/news/defense/2021/01/11/global-defense-electronics-security-cybersecurity-market-value-reach-5159bn-2025