Cyber Weapons Industry to Grow by More Than $5 Billion During 2024-2028 - Leading Players are Raytheon Technologies, The Boeing Company, Lockheed Martin, Cisco Systems, and General Dynamic...
RTX Corporation (RTX)
Company Research
Source: Yahoo! Finance
The global cyber weapons market has grown rapidly in recent years. It will grow from $10.41 billion in 2023 to $11.59 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth observed in the historical period can be credited to the rising demand for data traffic and bandwidth, the widespread adoption of cloud computing, the emphasis on business continuity and disaster recovery, the globalization of enterprises, and efforts towards data center consolidation. The cyber weapons market is expected to see strong growth in the next few years. It will grow to $16.92 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The projected growth in the forecast period can be ascribed to the emergence of big data and analytics, government regulations and compliance, the prevalence of hybrid and multi-cloud deployments, a heightened focus on security, and sustainability initiatives. Noteworthy trends anticipated in the forecast period encompass the swift adoption of
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- 5/14/24 - Form 4
- 5/10/24 - Form 144
- 5/6/24 - Form 4
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