IMARC Group has recently released a new research study titled “Aviation Cyber Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
Market Overview:
The global aviation cyber security market size reached US$ 4.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.13% during 2023-2028.
Aviation cyber security refers to the measures, technologies, and protocols designed to protect aviation systems, networks, and data from cyber threats and unauthorized access. The key performance indicators include system integrity, data confidentiality, and resilience to cyber-attacks. These security solutions are crucial in safeguarding various aviation components, such as air traffic control systems, onboard avionics, and passenger information systems. Features of a strong aviation cyber security framework encompass advanced encryption techniques, intrusion detection systems, and strict adherence to international cyber security standards.
Aviation Cyber Security Market Trends:
The escalating threats to aviation systems, ranging from data breaches to control system hijacking, are intensifying the need for effective cyber security solutions, thereby driving market growth. Alongside this, the increasing interconnectedness of aviation infrastructure due to technological advancements such as the Internet of Things (IoT) is creating new vulnerabilities, necessitating stronger cyber security measures. Additionally, the industry-wide shift towards digital transformation is acting as a catalyst for market expansion. The developments in artificial intelligence and machine learning are enhancing real-time threat detection and response capabilities. Regulatory bodies are implementing stringent cyber security regulations to ensure the safety and integrity of aviation systems, thereby reinforcing market credibility.
Collaboration between aviation companies, cyber security firms, and governmental agencies is yielding comprehensive solutions tailored for the specific requirements of the aviation industry. These collaborations are also optimizing resource allocation and accelerating the pace of innovation in the market. Investments in research and development are spurring the introduction of more sophisticated and adaptive security solutions. Furthermore, initiatives from various aviation and governmental bodies focused on bolstering cyber resilience are significantly influencing market dynamics on a global scale.
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Competitive Landscape With Key Players:
The competitive landscape of the aviation cyber security market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Airbus SE
- BAE Systems Plc
- Booz Allen Hamilton Holding
- Cisco Systems Inc.
- Fortinet Inc.
- General Dynamics Corporation
- Honeywell International Inc.
- International Business Machines Corporation
- Lockheed Martin Corporation
- Palo Alto Networks Inc.
- SITA N.V.
- Thales Group
- Unisys Corporation
Key Market Segmentation:
The report has segmented the global aviation cyber security market based on solution type, deployment type, application and region.
Breakup by Solution Type:
- Threat Intelligence and Response
- Identity and Access Management
- Data Loss Prevention
- Security and Vulnerability Management
- Managed Security
- Others
Breakup by Deployment Type:
- Cloud-Based
- On-Premises
Breakup by Application:
- Airline Management
- Air Cargo Management
- Airport Management
- Air Traffic Control Management
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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