Military cyber security market to reach $13.8 bn

China militaryThe global military cyber security market is projected to reach $13.8 billion by 2027 from $9.8 billion in 2017, achieving a CAGR of 3.53 percent over the forecast period.

The cumulative value of global military cyber security market will be $130.7 billion, according to a report in Research and Markets.

The global military cyber security market is expected to be dominated by network security, which will account for 38.5 percent of the market, followed by the data security and identity and access segments with shares of 25.6 percent and 19.3 percent respectively.

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