Aviation Cyber Security Market Report 2024-2033 | Size, Share, Trends, Overview


Posted February 6, 2024 by harishtbrc

Global aviation high-speed motor market size is expected to reach $3.71 Bn by 2028 at a rate of 6.8%, segmented as by type, direct current (dc) motor, alternating current (ac) motor

 
The aviation cyber security market size is expected to see strong growth in the next few years. It will grow to $6.75 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to evolution of cyber threats, increasing connectivity in aviation systems, global aviation industry growth, collaboration for cybersecurity resilience, heightened focus on insider threats. Major trends in the forecast period include enhanced focus on insider threat mitigation, regulatory compliance and cybersecurity standards, growth in cybersecurity training programs, integration of threat hunting technologies, rapid incident response capabilities.

The increasing number of cyber-attacks is expected to boost the growth of the aviation cyber security market going forward. A cyber attack is a strike that is launched against an information technology system with malicious intent to gain unauthorized access to a computer or network. These attacks aim to disable, erase, corrupt or steal the data stored on the systems. Aviation cybersecurity secure application architectures, secure code, rigorous data input validation, threat modeling, and other measures are implemented to reduce the possibility of unauthorized access or alteration of application resources in aviation. For instance, according to AAG Cybersecurity, a company that provides a wide range of cybersecurity services, cyber attacks globally increased by 125% through 2021. Therefore, the increasing number of cyberattacks is driving the demand for the aviation cyber security market.

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The aviation cyber security market covered in this report is segmented –

1) By Component: Solution, Services

2) By Security Type: Network Security, Wireless Security, Cloud Security, Content Security, Application Security

3) By Deployment: Cloud, On-Premises

4) By Application: Airline Management, Air Cargo Management, Airport Management, Air Traffic Control Management

Top Major Players:
Airbus SE, BAE Systems Inc
BluVector Inc.
F-Secure Corporation
General Dynamics Corporation
General Electric Company

North America was the largest region in the aviation cyber security market in 2023.

Advancement in aviation security solutions is the key trend gaining popularity in the aviation cyber security market. Major companies operating in the aviation cyber security market are focusing on developing new technologies and solutions to sustain their position in the market. For instance, in August 2022, International Air Transport Association (IATA), a Canada-based international trade association for the world's airlines, announced the launch of AVSEC Insight. It is an online platform that gives users access to various current, open-source information to help them spot security problems and threats to their operations and enterprises. Furthermore, the platform incorporates advanced machine learning and natural language processing (NLP) capabilities to guarantee that the platform gets progressively more intelligent and reliable as the dataset expands. AVSEC Insight addresses this difficulty by combining risk-related data from various sources, including specialist and local-language news media, NOTAMs (Notice to Air Missions), and other official sources. It lets clients promptly handle and recognize business risks, monitor real-time events, and perform post-event analysis. The tool covers threats and risks from natural disasters, civil unrest, protests, geopolitical developments, transnational crime, and cybersecurity.

The aviation cyber security market report table of contents includes:

1. Executive Summary
2. Aviation Cyber Security Market Characteristics
3. Aviation Cyber Security Market Trends And Strategies
4. Aviation Cyber Security Market - Macro Economic Scenario
5. Global Aviation Cyber Security Market Size and Growth

31. Global Aviation Cyber Security Market Competitive Benchmarking
32. Global Aviation Cyber Security Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Aviation Cyber Security Market
34.Aviation Cyber Security Market Future Outlook and Potential Analysis
35. Appendix

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Last Updated February 6, 2024