Counter Cyber Terrorism Market: Focus on New Installations, Value, Retrofit, Techniques & Services Market (2017-2022)

The Counter Cyber Terrorism Market led by strong demand from Asia Pacific and Europe will reach a market size of $23.7 billion by the year 2020.

Lasting prosperity is a result of a persistent commitment to low tax rates, a stable currency, limited government, strong private property rights, openness to global trade and financial flows, sensible regulation and in today's scenario most importantly security. This requirement has created massive opportunities for Defense Equipment and Solutions providers.In the digital 21st century everything is interconnected, from smart phones to laptops.. While this is a blessing it also poses a threat so devastating that could potentially destroy a nation. There is a new type of warfare coming up and it isn't a conventional one which requires billions of dollars to carry out. This warfare requires just a laptop/Smartphone and some intelligence and this much can potentially cripple a country. Welcome to the new Age of Cyber Terrorism where a strike is made on the nation's security network for the purpose of extracting the information or crippling the systems.

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There is a slight differentiation between cyber terrorism and cyber warfare, the difference is that if the attack has been made by a nation state then that is cyber warfare and if made by a group of individuals or a single individual it is cyber terrorism. But in today's world nothing is explicit, even warfare. So we see that the Lines between Cyber Terrorism and Cyber Warfare have blurred. Cyber Terrorism can be of various forms with espionage and national security breach being one of them. It is a strange situation because most of the public has little information on the issue but still they fear it. It was found out that at least 70% of the American Population fear Cyber Terrorism but the information they have on the topic is mainly derived from Hollywood Movies.

Warfare also doesn't have to be implicit, a thousand cuts can be made on the enemy and cause more damage, This is where virus and malware play their part. 5 Years ago there were just 286 million variants of malware which increased by 117 million to 403 million, This is how many viruses and malwares are present and this was just a historical figure. The Damage cause by Stuxnet was a case in point. In 2007 Estonia was a target of a major attack on its network which was a denial of service attack where all the activities related to the internet where crippled for 3 weeks. But thankfully the importance of defending against cyber Terrorism is not lost on security organizations.

It's part of NATO's Core task of collective defense. China Admitted in 2011 that they had a team of 30 Specialists called The Blue Army who engages in cyber defense operations. German Intelligence Agency had similarly hired around 130 Hackers for its Cyber Defense Station in 2013. Thus we see that all major countries are deploying certain counter measures to combat Cyber Terrorism and many are in the process of doing so, thus there is a massive potential and existing market for Counter Cyber Terrorism Products.

Read more details of the report at: Counter Cyber Terrorism Market By Techniques, Geography, Trends, Forecast (2017-2022)

What the report offers

The study identifies the situation of the Counter Terrorism Market and predicts the growth of its Market. Report talks about growth, market trends, progress, challenges, opportunities, government regulations, technologies in use, growth forecast, major companies, upcoming companies and projects etc. in the Counter Cyber Terrorism Market. In addition to it, the report also talks about economic conditions of and future forecast of the current economic scenario and effect of the current policy changes to its Market, reasons and implications on the growth of this sector. Lastly, the report is segmented By Purpose ,Region and various types of Counter Cyber Terrorism Products and solutions in the market.

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Release ID: 263726