Authored By: Sarah
29 Aug 2023

Government Cyber Security Market in US Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Technavio has been monitoring the government cyber security market in US and it is expected to grow by $ 8.39 billion, accelerating at a CAGR of almost 14.22% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.


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Government Cyber Security Market in US: Key Trends to impact market growth

The market is segmented by product (services and solutions), end-user (US Intelligence Community, Department of Defense, and Department of Homeland Security), and deployment (on-premise and cloud-based). Growth by the services segment has been significant and is expected to offer further growth during the forecast period. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Government Cyber Security Market in US: Top Drivers to Boost Demand

The Firewall as a disruptive deception capability which will drive the growth of the government cyber security market in US . The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business on the path to further growth.

Government Cyber Security Market in US Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Vendor Analysis: BAE Systems Plc, Booz Allen Hamilton Holding Corp. and Dell Technologies Inc. are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. BAE Systems Plc, Booz Allen Hamilton Holding Corp., Dell Technologies Inc., DXC Technology Co., General Dynamics Corp., International Business Machines Corp., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., and The Boeing Co. are some of the major market participants.

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Government Cyber Security Market in US : Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive government cyber security market in US  growth during the next five years
  • Precise estimation of the government cyber security market in US size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the government cyber security market in US industry across US
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of government cyber security market in US vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 14.22%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 8.39 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Firewall as a disruptive deception capability will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    US is the key region featured in this research report.                                                                                                                                                    
  5. Who are the leading market vendors?
    The leading vendors in this market are BAE Systems Plc, Booz Allen Hamilton Holding Corp., Dell Technologies Inc., DXC Technology Co., General Dynamics Corp., International Business Machines Corp., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., and The Boeing Co.

     
  6. What are the market segments covered in this report?
    The market is segmented by Product (Services and Solutions), End-user (US Intelligence Community, Department of Defense, and Department of Homeland Security), and Deployment (On-premise and Cloud-based)
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