Cyber Security Market in the US Government Sector 2014-2018: Key Vendors are BAE Systems, General Dynamics, Lockheed Martin, Northrop Grumman and Raytheon

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Oct 23, 2014, 09:03 ET

DUBLIN, Oct. 23, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Cyber Security Market in the US Government Sector 2014-2018" report to their offering.

Cyber threats are internet-based attempts to attack information systems and hack critical information. These threats include hacking, malware, and phishing, and have the capability to capture all the critical information stored in information systems. Cyber security protects against cyber threats by identifying, monitoring, and resolving them while, at the same time, maintaining the confidentiality of information systems. It primarily involves measures taken to detect, monitor, report, and counter such threats. These solutions can be deployed as on-premises, cloud-based, or hybrid solutions

The analysts forecast the Cyber Security Market in the US Government sector will grow at a CAGR of 7.41 percent during the period 2013-2018.

This report covers the present scenario and the growth prospects of the Cyber Security market in the US Government sector for the period 2014-2018. To calculate the market size, the report considers revenue generated from the sales of cyber security services and solutions to the US Intelligence Community, Department of Defense, and Department of Homeland Security. The market is highly fragmented with the presence of a large number of small and large vendors.

Therefore, the report does not provide the market share of the vendors; it only lists the key vendors present in the market. In addition, the report discusses the major drivers that influence the growth of the Cyber Security market in the US Government sector. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market

Some of the vendors, such as BAE Systems, Boeing, and Lockheed Martin, are introducing cyber security solutions that are specifically developed for the Defense sector. This is driving defense organizations in developed and developing countries to adopt such defense-specific security solutions to provide better security for their systems. This is likely to increase the market revenue, supporting the growth of the Cyber Security market in the US Government sector .

According to the report, the growth of the Cyber Security market in the US Government sector is driven by several factors, one such factor being the need to improve the quality of protection. As the frequency of attacks is on the rise, organizations are increasingly implementing cyber security solutions to efficiently monitor threats and provide enhanced protection. The quality of protection can also be improved by outsourcing security responsibilities to service providers with core expertise in this field.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Description

07. Market Landscape

08. Market Segmentation by Product

09. Market Segmentation by End-user

10. Market Attractiveness

11. Buying Criteria

12. Market Growth Drivers

13. Drivers and their Impact

14. Market Challenges

15. Impact of Drivers and Challenges

16. Market Trends

17. Trends and their Impact

18. Vendor Landscape

19. Key Vendor Analysis

20. Other Reports in this Series

Companies Mentioned: