Global Cyber Warfare Market to Reach US$ 188.2 Billion by 2032, Impelled by Heightened Public Awareness of Cyber Threats

August 24, 2023 | Technology & Media

According to the latest report by IMARC Group, titled “­­Cyber Warfare Market Report by Component (Solutions, Services), Type (Cyberattacks, Espionage, Sabotage), Application (Aerospace, Corporate, Government and Defense, Homeland, and Others), and Region 2024-2032,” the global cyber warfare market size reached US$ 59.5 Billion in 2023. Cyber warfare is a modern form of conflict that uses computer networks and systems to disrupt, infiltrate, or damage an adversary's information and communication systems. It operates in the digital realm of cyberspace, and unlike traditional warfare, it can have far-reaching, often invisible consequences. Cyber warfare can be conducted by state or non-state actors using various tactics and techniques, which can range from basic distributed denial of service (DDoS) attacks to sophisticated advanced persistent threats (APTs). Targets can include government institutions, military networks, businesses, and civilians. The purpose is often to gain unauthorized access to sensitive data, compromise critical infrastructure, or launch disruptive attacks. As technology advances, cyber warfare continues to evolve, posing a persistent and increasing threat to global security, economy, and public trust, thus necessitating robust cybersecurity measures.

Global Cyber Warfare Market Trends:

The global cyber warfare market is driven by the expanding digitization of critical infrastructure and communication systems and an increase in state-sponsored cyber warfare activities. In line with this, the escalating reliance on interconnected networks for managing essential services, industries, and government operations exposes potential cyberattack vulnerabilities, encouraging substantial investments in cybersecurity solutions and offensive capabilities. Moreover, the rise in sophisticated, prevalent cyberattacks has fueled a competitive race among nations, leading to substantial resource allocation towards offensive and defensive cyber capabilities. This, in turn, grows the cyber warfare market with defense contractors and tech companies supplying advanced cybersecurity tools and services. In addition to this, the escalating public awareness about cyber warfare's potential consequences has stimulated further investments in cybersecurity research and development, enhancing the cyber warfare market. Furthermore, the asymmetrical nature of cyber warfare appeals to non-state actors, such as hacktivist groups, terrorists, and cybercriminals, who exploit cyberspace to challenge conventional power structures. This necessity for proactive threat countering through advanced cyber defense solutions emphasizes the ongoing importance of the cyber warfare market. Looking forward, the market value is projected to reach US$ 188.2 Billion by 2032, expanding at a CAGR of 13.2% during 2024-2032.

Market Summary:

  • Based on the component, the market is bifurcated into solutions and services. Between these, solutions represent the largest segment.
  • On the basis of the type, the market has been segregated into cyberattacks, espionage, and sabotage. Currently, cyberattacks dominate the market, accounting for the largest market share.
  • Based on the application, the market is categorized into aerospace, corporate, government and defense, homeland, and others.
  • On a regional basis, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. Presently, North America enjoys the leading position in the market.
  • The competitive landscape of the market has also been examined, with some of the key players being Airbus SE, BAE Systems plc, Booz Allen Hamilton Inc., Cisco Systems Inc., DXC Technology Company, General Dynamics Corporation, Intel Corporation, International Business Machines Corporation, Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, and The Boeing Company.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Component, Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Airbus SE, BAE Systems plc, Booz Allen Hamilton Inc., Cisco Systems Inc., DXC Technology Company, General Dynamics Corporation, Intel Corporation, International Business Machines Corporation, Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation and The Boeing Company.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Cyber Warfare Market to Reach US$ 188.2 Billion by 2032, Impelled by Heightened Public Awareness of Cyber Threats
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More