Security News

Cyber Warfare Spending Set to Nearly Double by 2031, Report Finds

Infosecurity Magazine · 14 Sept 2026

Key Takeaway While this trend centres on military spending, it signals that attackers are increasingly targeting connected and cloud-based systems, a reminder for businesses to prioritise strong cloud security regardless of industry.

A report from MarketsandMarkets, published on September 14, projects the global cyber warfare market will nearly double in size over the next five years, growing from $14.99bn in 2026 to $28.75bn by 2031. The forecast reflects rising attacks on military networks and mission-critical systems, alongside growing reliance on connected platforms, cloud services, and digital command and control networks.

The report also points to a broader shift among Western governments towards developing offensive cyber capabilities, aimed at countering threat actors operating from jurisdictions beyond the reach of law enforcement. Defense organisations are increasingly investing in threat detection, cyber intelligence, network security, offensive tools, and cyber training, with rising defense budgets expected to fuel further growth.

Europe is expected to hold the largest share of the market during this period, supported by NATO's ongoing efforts to build shared cyber capabilities and run joint exercises. Cloud-based security is forecast to be the fastest-growing segment, as military organisations increasingly rely on cloud platforms and hybrid or multi-cloud environments for data and operations.

cyber warfare defense sector cloud security market trends national security

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