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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Cyber Situational Awareness Market Outlook

The global cyber situational awareness industry reached a value of about USD 55.26 billion in 2023. The industry is further expected to grow at a CAGR of about 22.76% in the forecast period of 2024-2032 to reach a value of over USD 349.92 billion by 2032.

North America to be a Significant Regional Market for Cyber Situational Awareness

North America dominated the cyber situational awareness industry due to various factors, including the fact that enterprises in the region are frequently threatened by cyber-attacks and data security challenges. Hackers frequently target the financial services industry for data breaches. The United States and Canada dominate the North America cyber situational awareness system market. The high government investment in applications such as military and defence, aviation, marine security, and homeland security applications is driving growth in the North American area, particularly in the United States.

Global Cyber Situational Awareness Market

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The demand in the market is being driven by the military's enormous spending to improve military situational awareness systems. Network modernisation is one of the top six modernisation priorities for the United States Army, as this will facilitate rapid data sharing and improvements in situational awareness architecture. Such developments may bolster the market prospects in the region during the forecast period. A vast group of critical analysis required by industries of varied nature is responsible for the extensive growth of the global cyber situational awareness industry during the forecast.

Cyber Situational Awareness: Market Segmentation

Cyber situational awareness helps enterprises in real-time identification, processing, and resolution of threats and vulnerabilities, further protecting the digital assets from a cyber-attack. This helps in setting up cyber threat intelligence within the organisation. Cyber situational awareness involves solutions such as Network Forensics, Intrusion Detection System, Network Traffic Analysis, Network Detection and Response, and Intrusion Prevention System, among others.

Global Cyber Situational Awareness Market

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The major component of the market includes:

  • Solution
  • Services

By solution type, the industry is divided into:

  • Network Forensics
  • Network Traffic Analysis
  • DNS Threat Analysis
  • Network Detection and Response
  • Network Performance Monitoring and Diagnosis
  • Intrusion Detection System
  • Intrusion Prevention System
  • Others

Based on deployment type, the market includes:

  • On-Premises
  • Cloud

On the basis of organisation size, the market is categorised into:

  • Large Enterprise
  • Small and Medium Enterprise

The various industry verticals in the market are:

  • Military and Defence
  • Healthcare
  • Aerospace
  • Marine Security
  • Automotive
  • Mining Oil and Gas
  • IT and Telecom
  • Government Agencies
  • BFSI
  • Energy and Utilities
  • Others

The regional markets for cyber situational awareness can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Growth in Number of IoT and BYOD Devices Boosting the Market Growth

The growth in the number of Internet of Things (IoT) and Bring-Your-Own-Devices (BYOD) has resulted in a generation of a large amount of data that needs to be managed effectively. Cyber situational awareness solution helps in analysing storage infrastructure and reduces overall risk, which creates a safe site for such data, thus boosting the market growth. Increasing demand for situational awareness solutions in the aviation and the military, the use of mobility solutions transforming military tactical operations, and the growing importance of situational awareness in cybersecurity to provide significant situational awareness are the major factors driving the growth of the situational awareness system market.

Global Cyber Situational Awareness Market

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Cyber situational awareness aids businesses in identifying, processing, and resolving risks and vulnerabilities in real time, hence protecting digital assets from cyber-attacks. This aids in the establishment of cyber threat intelligence within the company. Technological advancements have led to a massive surge in demand for the cyber situational awareness industry. The increasing induction of military vehicles equipped with vehicle situational awareness systems is driving the demand for such systems.

Key Industry Players in the Cyber Situational Awareness Market

The report gives a detailed analysis of the following key players in the global cyber situational awareness industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Cyware Labs, Inc.
  • Darktrace Holdings Limited
  • FireMon, LLC
  • IBM Corporation
  • Honeywell International Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • Solution Type
  • Deployment Type
  • Organisation Size
  • Industry Vertical
  • Region
Breakup by Component
  • Solution
  • Services
Breakup by Solution Type
  • Network Forensics 
  • Network Traffic Analysis
  • DNS Threat Analysis
  • Network Detection and Response
  • Network Performance Monitoring and Diagnosis
  • Intrusion Detection System   
  • Intrusion Prevention System  
  • Others
Breakup by Deployment Type
  • On-Premises
  • Cloud
Breakup by Organisation Size
  • Large Enterprise
  • Small and Medium Enterprise
Breakup by Industry Vertical
  • Military and Defence 
  • Healthcare
  • Aerospace
  • Marine Security
  • Automotive
  • Mining Oil and Gas
  • IT and Telecom 
  • Government Agencies
  • BFSI
  • Energy and Utilities
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cyware Labs, Inc.
  • Darktrace Holdings Limited
  • FireMon, LLC
  • IBM Corporation
  • Honeywell International Inc. 
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global cyber situational awareness market attained a value of nearly USD 55.26 billion.

The market is projected to grow at a CAGR of 22.76% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 349.92 billion by 2032.

The major drivers of the market include the high government investment in applications such as defence, aviation, marine security, and homeland security, use of mobility solutions transforming military tactical operations, technological advancements, and increasing induction of military vehicles equipped with vehicle situational awareness systems.

The growth in the number of Internet of Things (IoT) and Bring-Your-Own-Devices (BYOD) and the growing importance of situational awareness in cybersecurity are the key industry trends propelling the market growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major components of the industry are solution and services.

The various types on solution in the industry are network forensics, network traffic analysis, DNS threat analysis, network detection and response, network performance monitoring and diagnosis, intrusion detection system, and intrusion prevention system, among others.

Based on deployment type, the market is categorised into on-premises and cloud.

On the basis of organisation size, the market is divided into large enterprises and small and medium enterprises.

Military and defence, healthcare, aerospace, marine security, automotive, mining oil and gas, IT and telecom, government agencies, BFSI, and energy and utilities, among others are the significant verticals in the market.

The major players in the industry are Cyware Labs, Inc., Darktrace Holdings Limited, FireMon, LLC, IBM Corporation, and Honeywell International Inc., among others.

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+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124