Aviation Cyber Security Market: Global Industry Outlook, Size (US$ 6.0 Billion), Share, Growth (CAGR of 7.27%), Top Companies Analysis and Research Report 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 size reached US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.0 Billion by 2027, exhibiting a growth rate (CAGR) of 7.27% during 2022-2027.

Aviation Cyber Security Market Trends:

The growing passenger traffic and the rising instances of cyberattacks are primarily driving the aviation cyber security market. Additionally, the continuous upgradation of aircraft infrastructures with advanced technological solutions and the implementation of stringent regulations by government bodies to develop a cyber regulatory framework for aircraft systems to enhance and ensure safety and security standards are further catalyzing the market growth. Besides this, the increasing investments in R&D activities by leading manufacturers for introducing innovative aviation cyber security systems are acting as significant growth-inducing factors. Moreover, the escalating demand for cloud security solutions and the emerging trend of digitization are positively influencing the global market. Apart from this, the widespread adoption of cyber security systems to ensure operational efficiency, enhanced passenger experience, flight safety, better customer service, etc., is also bolstering the market growth. Furthermore, the inflating need for managing cyber vulnerabilities to prevent attacks on in-flight entertainment and connectivity systems is anticipated to fuel the aviation cyber security market over the forecasted period.

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Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021

Historical Period: 2016-2021

Forecast Period: 2022-2027

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

Industry Definition and Application:

Aviation cyber security represents the practice of protecting the aviation sector, IT infrastructures, and networks against cyberattacks. The aviation industry widely uses several computer-based interconnected systems for performing ground and flight operations. In line with this, these systems usually include cabin crew devices, air traffic management systems, air navigation systems, onboard aircraft control and communication systems, flight information systems, cargo handling shipping, etc. Presently, aviation cyber security systems are gaining traction, as they help airline companies in resisting future disruptions and prevent any harm to their services, reputation, financial health, etc.

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

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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.

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