Thursday, 10 July 2014

Cyber Security Market in the US Government Sector Seeing Defense-specific Security Solutions Analyzes a New Report


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

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.

Covered in this Report
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

Key Vendors
• BAE Systems plc
• General Dynamics Corp.
• Lockheed Martin Corp.
• Northrop Grumman Corp.

• Raytheon Co.