Aviation and Defense Cyber Security Market Poised for 13.2 % Growth, Set to Hit $6.78 Billion by 2029

What combination of drivers is leading to accelerated growth in the aviation and defense cyber security market?
The aviation and defense cyber security market is forecasted to expand, a surge that is primarily attributed to increasing cyber-attacks in the aircraft industry. The advancing technology which sees the advent of connected or digital planes and the implementation of the Internet of Things at airports brings with it new vulnerabilities to cyber threats, which necessitates robust cyber-security measures. For example, the Australian Cyber Security Centre reported that it received 76,000 incident reports in 2022, marking a 13% year-on-year rise. Consequently, the surge in cyber-attacks within the aviation industry is stimulating the expansion of the cyber-security market in aviation and defense.

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What is the projected compound annual growth rate (CAGR) of the aviation and defense cyber security market from 2025 to 2034, and what factors influence it?
In recent times, there has been a swift expansion in the size of the aviation and defense cyber security market. This market is projected to rise from $86.08 billion in 2024 to $98.21 billion in 2025, displaying a compound annual growth rate (CAGR) of 14.1%. The expansion in this historical period is primarily due to factors such as heightened connectivity, threats from nation-states, data infringements, regulatory compliance, and economic growth.

The market size for cyber security in the aviation and defense sector is projected to expand swiftly in the coming years. It is predicted to reach $161.2 billion by 2029, with a compound annual growth rate (CAGR) of 13.2%. Factors contributing to this growth during the forecast period include increased digitalization, automation surge, augmented defense budget, and government backing. Key trends anticipated during the forecast period encompass cloud security, refined authentication techniques, threat tracking and identification, cyber-physical amalgamation, and quantum-resistant cryptography.

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How are the latest trends influencing the growth of the aviation and defense cyber security market?
The rise of product innovations is a critical trend being seen in the aviation and defense cyber security market. Major firms in the space are aiming to strengthen their market hold by introducing superior products. For example, BAE Systems, a British aerospace, defense, and security firm, revealed the Viper Memory Loader Verifier II (MLV II) in October 2022, an enhanced version of a pioneering maintenance tool designed to reduce the F-16 aircraft's susceptibility to cyber threats. The latest model of this product incorporates cyber-hardened aircraft mission capabilities and features an open system architecture to minimize lifecycle costs. Beyond its vital ability to load and confirm software on the aircraft, the Viper MLV II also enables mission data file loads, flight and fault data downloads, as well as third-party application software.

What are the major segments of the aviation and defense cyber security market and their role in driving growth?
The aviation and defense cyber security market covered in this report is segmented -

1) By Component: Solution, Service
2) By Deployment: On-Cloud, On-Premise

Subsegments:
1) By Solution: Network Security Solutions, Endpoint Security Solutions, Application Security Solutions, Cloud Security Solutions, Data Loss Prevention (DLP) Solutions, Threat Intelligence Solutions
2) By Service: Managed Security Services, Consulting Services, Incident Response Services, Security Training and Awareness Services, Compliance and Risk Management Services

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Which regions are key players in the growth of the aviation and defense cyber security market?
North America was the largest region in the aviation and defense cyber security market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aviation and defense cyber security market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the key firms paving the way for growth in the aviation and defense cyber security market?
Major companies operating in the aviation and defense cyber security market include International Business Machines Corporation, Honeywell International Inc., Cisco Systems Inc., Thales Group, Société Internationale de Télécommunications Aéronautiques (SITA), Raytheon Technologies Corporation, BAE Systems plc, Lockheed Martin Corporation, L3Harris Technologies Inc., Northrop Grumman Corporation, The Boeing Company, General Dynamics Corporation, Leonardo S.p.A., Airbus SE, Science Applications International Corporation Inc., CACI International Inc., Booz Allen Hamilton Holding Corporation, Leidos Holdings Inc., Kratos Defense & Security Solutions Inc., Palo Alto Networks Inc., Check Point Software Technologies Ltd., Mandiant Corporation, Fortinet Inc., Intel Corporation, NortonLifeLock Inc., CrowdStrike Holdings Inc., Trend Micro Incorporated, Kaspersky Lab ZAO, F-Secure Corporation, Secureworks Corporation, Darktrace plc, Nozomi Networks Inc., Armis Security Inc., Resilient Systems Inc.

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What Is Covered In The Aviation and Defense Cyber Security Global Market Report?

•Market Size Forecast: Examine the aviation and defense cyber security market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the aviation and defense cyber security market for a structured understanding.
•Key Players Overview: Analyze major players in the aviation and defense cyber security market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the aviation and defense cyber security market.
•Segment Contributions: Evaluate how different segments drive overall growth in the aviation and defense cyber security market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the aviation and defense cyber security market.
•Industry Challenges: Identify potential risks and obstacles affecting the aviation and defense cyber security market.
•Competitive Landscape: Review strategic developments in the aviation and defense cyber security market, including expansions, agreements, and new product launches.

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