According to Fortune Business Insights™, the global defense cyber security market size stood at USD 16.45 billion in 2023 and is projected to grow from USD 19.14 billion in 2024 to USD 63.38 billion by 2032, at a strong CAGR of 16.1% during the forecast period. North America held the dominant share in 2023, valued at USD 7.47 billion, supported by robust defense budgets and the presence of leading industry players.

What is Defense Cyber Security?

Defense cyber security encompasses technologies and solutions that detect, monitor, and counter cyber threats aimed at military infrastructure, classified data, and mission-critical systems. These solutions protect against advanced threats such as malware, phishing, ransomware, and spyware, ensuring confidentiality, operational continuity, and resilience in both peacetime and conflict environments.

Key Players

Prominent companies shaping this market include:

• Lockheed Martin Corporation (U.S.)
• The Thales Group (France)
• BAE Systems plc (U.K.)
• General Dynamics (U.S.)
• Northrop Grumman Corporation (U.S.)
• Raytheon Technologies (U.S.)
• Booz Allen Hamilton (U.S.)
• Leonardo (Italy)
• Leidos (U.S.)
• L3Harris Technologies (U.S.)

These players emphasize cyber infrastructure modernization, zero-trust frameworks, encryption technologies, AI-driven threat detection, and global expansion via partnerships and acquisitions.

Information Source:

https://www.fortunebusinessinsights.com/defense-cyber-security-market-105139