All Press Releases for March 16, 2010

Cyber Security Market Update: U.S. Government Pours Money Into Cyber Security Technologies and R&D

With a cumulative market valued at $65.5 billion (2013 - 2018), the U.S. Federal Cybersecurity market will grow steadily - at about 6.2% CAGR in 2013-2018.

    SAN FRANCISCO, CA, March 16, 2010 /24-7PressRelease/ -- Updated January 2012: U.S. Government pours money into cyber security technologies and R&D, creating a new set of business opportunities for cyber security technology vendors, - these are conclusions of a recently updated market study U.S. Federal Cybersecurity Market Forecast 2013-2018.

At the hearing of Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security "More Security, Less Waste: What Makes Sense for our Federal Cyber Defense", Senator John McCain said:

"The federal government relies heavily on complicated information systems for day-to-day operations. The risks posed to these systems have never been higher. Cybercrime and cyber espionage are on rise. Indeed, nation-states seek to exploit our government networks, to steal sensitive intelligence or intellectual property for military and industrial advantage."

With a cumulative market valued at $65.5 billion (2013 - 2018), the U.S. Federal cybersecurity market will grow steadily - at about 6.2% CAGR in 2013-2018, this is forecast of a new quantitative landmark report.

The report provides:

* Federal cyber security market by software, hardware, software services, personnel training;
* Federal cyber security market by technologies and R&D;
* Six-year detailed forecast for the period 2013-2018;
* Agency-by-agency detailed forecasts for both defense and civilian sectors;
* Cybersecurity market segments by investment type (National Security Systems, Mission Area Support, Infrastructure/Office Automation/Telecommunications, Enterprise Architecture and Planning).

Market Research Media has recently released another report covering one of the most exciting and promising cyber security segments - Deep Packet Inspection (DPI). According to a new market study "Deep Packet Inspection (DPI): U.S. Government Market Forecast 2013-2018", the DPI technology is in a very favorable position to emerge as a major line of cyber defense for years to come as the only technology that can deliver the goods.

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