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Cyber Warfare Systems Market Expanding to US$19.4Bn by 2023 | Wyly Wade
With the increasing importance of information and communication technologies both on and off the battlefield, new research forecasts continued robust global spending on cyber warfare systems until 2023, with the market expanding from US$11.1 billion in 2013 to US$19.4 billion by 2023 – a CAGR of 5.77%. This significant growth is further fuelled by a surge in the number of cyber attacks, the pressure of austerity measures on Western defense budgets, and the relentless advancement in cybercrime technologies. 194Bn_by_2023.htm Related articles China Military Preparing for 'People's War' in Cyberspace, Space Review: Introduction to Cyber-Warfare Forces must be equipped with dynamic cyber warfare tools: Kalam