Aviation Cyber Security Market Trends, Industry Size, Competitive Analysis, Growth and Opportunity 2022-2027

According to IMARC Group's latest report, titled "Aviation Cyber Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global aviation cyber security market reached a value of US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2027, exhibiting a CAGR of 7.27% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Industry Definition and Application:

Aviation cyber security refers to a security system utilized by airline companies to mitigate the risks of data breaches, secure data transmission between ground and aircraft, and facilitate transmission between communication devices and onboard sensors. It involves several solutions, including threat intelligence and response, identity and access management, data loss prevention, security and vulnerability management, etc. Aviation cyber security improves the safety and efficiency of airline operations. As a result, it finds extensive application across several segments of the aviation sector, such as airline management, air cargo management, airport management, air traffic control management, etc.

Industry Trends and Drivers:

The rising number of air travelers across countries and the growing incidences of cyberattacks are primarily driving the global aviation cyber security market. Besides this, the emerging trend of upgradation of aircraft infrastructures using advanced technological solutions is also positively influencing the market growth. Additionally, the launch of various cyber regulatory frameworks for aircraft systems by the government bodies and the elevating investments in research and development (R&D) projects aimed at strengthening cyber security systems are acting as significant growth-inducing factors. Furthermore, the inflating number of airports across developing countries is anticipated to propel the aviation cyber security market in the coming years.

Aviation Cyber Security Market 2022-2027 Competitive Analysis and Segmentation:

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 on the basis of 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

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• 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.

About Us

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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This release was published on openPR.