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1. Page 86Www.visiongain.com/defence Page 86
Military Cyber Security Market 2019-2029: Forecasts by Type
(Network Security, Data Security, Cloud Security, and Identity &
Access Security), By Geography (North America, Europe, Asia-
Pacific, LAMEA), and National Markets (US, Canada, Mexico, UK,
Germany, France, China, Japan, South Korea, Australia)
6.3 Mexico Military Cyber Security Market
In 2017, Microsoft has announced a new initiative aimed at selling its cyber security smarts to
public sector bodies across Latin America.
The Cyber security Engagement Center, located in Mexico, represents part of Microsoft’s push to
position itself as a security-focused company — which is crucial as enterprises and public sector
organizations increasingly shift to the cloud.
6.3.1 Mexico Military Cyber Security Revenue Forecast 2019-
2029
The Mexico military cyber security market was valued at $384 million in 2018, and is projected to
reach $677 million by 2029, registering a CAGR of 5.7% from 2019 to 2029.
Figure 39 Mexico Military Cyber Security Market Revenue, 2019-
2029(US$m)
Source: visiongain 2019
384
390
397
405
416
430
447
471
502
543
599
677
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100
200
300
400
500
600
700
800
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Revenue($Millions)
Year

2. Page 138Www.visiongain.com/defence Page 138
Military Cyber Security Market 2019-2029: Forecasts by Type
(Network Security, Data Security, Cloud Security, and Identity &
Access Security), By Geography (North America, Europe, Asia-
Pacific, LAMEA), and National Markets (US, Canada, Mexico, UK,
Germany, France, China, Japan, South Korea, Australia)
7.4 IBM Corporation
7.4.1 Company overview
International Business Machines (IBM) Corporation is one of the leading and most established
companies when it comes to the IT sector. The company has produced many innovations and has
gifted the IT sector in beautiful ways from hardware, middleware and software along with
consulting services as well.
IBM is a major player in the IT and cyber security sector as well. Being in the cyber security
business for more than 40 years, IBM has been offering detailed and effective solutions via its rich
product AD services portfolio in the cyber security department. This has allowed IBM to give
effective enterprise IT security solutions throughout the course of their long history.
Snapshot Description
Year of Inception
1911
Key Executives Virginia M Rometty (Chairman, President & Chief Executive Officer)
James J Kavanaugh (Chief Financial Officer & Senior Vice President)
Primary Business
Computer Integrated Systems
Geographical
Presence
North America, Latin America, Asia-Pacific, Europe, and Middle East &
Africa
Overall Financial
Status (Operating
Revenue in million)
• 2018: 79,591
• 2017: 79,139
• 2016: 79,919
Source: Company website
7.4.2 IBM Corporation Cyber Security Overview
Despite declining revenues across the company, IBM has performed strongly in the cyber security
market. This has been partly down to IBM’s strengths in cloud security and security analytics
businesses. IBM revenue in the cyber security market totalled approximately $1439m, resulting in
a market share of 1.8%. IBM’s strong performance in the cyber security software market helps to
mitigate poor performance in traditional markets like enterprise software and hardware, a trend
across wholesale IT companies involved in cyber security.
Table 45 IBM Corporation Company Snapshot