• Government Cyber Security Market in the US 2017-2021: Key Vendors are BAE Systems, General Dynamics, Lockheed Martin, Northrop Grumman & Raytheon

    by  • October 5, 2017 • Latest News, Security News • 0 Comments

    The “Government Cyber Security Market in the US 2017-2021” report has been added to Research and Markets’ offering.

     The report forecasts the government cyber security market in the US to grow at a CAGR of 7.99% during the period 2017-2021.

    The report, Government Cyber Security Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

    The latest trend gaining momentum in the market is the implementation of BYOD policy. The BYOD policy allows employees of an organization to use their personal devices, such as smartphones, laptops, tablets, and desktops, for official purposes, which will allow them to work without any constraints of time or location. BYOD policy increases the productivity by managing employees travel time and reducing the organization’s operational costs such as repair and maintenance cost for workstations.

    According to the report, one of the major drivers for this market is the increasing frequency and complexity of cyber-attacks. There is an urgent need to improve the quality of protection offered to critical digital information due to the increasing frequency and complexity of cyber-attacks. The growing complexity of applications used by companies in their day-to-day business processes has also accentuated the number of false positives and negatives in the process of screening potential threats. Insufficient IT expertise of administrators further complicates this issue.

    Further, the report states that one of the major factors hindering the growth of this market is the high cost of deployment. The cost of a cybersecurity solution includes the cost of software licensing, implementation, system designing and customization, training, as well as maintenance. Organizations have to recruit staff for implementation of the software after its purchase. Further, they have to train their employees on how to use the application efficiently.

    Key vendors

    • BAE Systems
    • General Dynamics
    • Lockheed Martin
    • Northrop Grumman
    • Raytheon

    Other prominent vendors

    • Boeing
    • Booz Allen Hamilton
    • DXC Technology
    • Dell EMC

    Key Topics Covered:

    Part 01: Executive Summary

    Part 02: Scope Of The Report

    Part 03: Research Methodology

    Part 04: Introduction

    Part 05: Market Landscape

    Part 06: Market Segmentation By Product

    Part 07: Market Segmentation By End-User

    Part 08: Market Segmentation By Deployment

    Part 09: Decision Framework

    Part 10: Drivers And Challenges

    Part 11: Market Trends

    Part 12: Five Force Analysis

    Part 13: Vendor Landscape

    Part 14: Key Vendors

    Part 15: Appendix

    For more information about this report visit https://www.researchandmarkets.com/research/4xqmwl/government_cyber