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Key Factor Supporting Global Aviation Cyber Security Market Development in 2025: Surge In Cyber Attacks Fueling Growth Of Aviation Cybersecurity Market
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Aviation Cyber Security Market Size By 2025?
The market size of aviation cyber security has seen a significant expansion in the past few years. The market is projected to rise from $4.98 billion in 2024 to $5.28 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. Factors such as heightened cyber threats in the aviation industry, increased reliance on digital technologies, stringent regulatory compliance needs, safeguarding of sensitive information, and widely reported cybersecurity occurrences have contributed to the growth observed in the historical duration.
How Big Is the Aviation Cyber Security Market Size Expected to Grow by 2029?
In the forthcoming years, the market size of aviation cyber security is projected to experience substantial growth, reaching a value of $7.3 billion in 2029, with a compound annual growth rate (CAGR) of 8.5%. This projected expansion during the forecast period is largely due to the development of cyber threats, increased interconnectivity in aviation systems, growth in the global aviation sector, collaborative efforts for cyber security resilience, and a greater emphasis on internal threats. Key market trends for this period include the prioritization of internal threat reduction, compliance with regulatory standards, expansion of cybersecurity training programs, incorporation of threat-detection technologies, and the development of swift incident response capabilities.
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Which Key Market Drivers Powering Aviation Cyber Security Market Expansion and Growth?
As the frequency of cyber-attacks escalates, it is projected to propel the aviation cyber security market's advancement. A cyber-attack encapsulates any malicious activity aimed at infiltrating an information technology system illicitly in order to gain unauthorized access to a system or network. The main objectives behind such cyber-attacks range from disabling, eradicating, corrupting to pilfering data from the systems. Therefore, implementing secured aviation cybersecurity strategies entails adopting secure application designs, secure coding practices, stringent data input verification, threat modelling, and many more protective measures. This helps to minimize the risk of unauthorized access or tampering of application resources within the aviation industry. For example, AAG IT Services, a cybersecurity company from the US, revealed in July 2024, cyberattacks experienced a surge by 81% in Australia from July 2021 to June 2022. They further reported a sharp rise of over 200% for assaults on financial websites in 2022, as analyzed from the most recent cybercrime statistics. As a result, the surge in cyber-attacks reinforces the rising demand in the aviation cyber security market.
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Which Fast-Growing Trends Are Poised to Disrupt the Aviation Cyber Security Market?
The key trend observed in the aviation cyber security market is the progression in aviation security solutions. Companies that hold a major share in the aviation cyber security market are constantly innovating and creating new technologies to maintain their market standing. One such recent development is the introduction of AVSEC Insight by the International Air Transport Association (IATA), an international trade association for airlines worldwide, based in Canada, in August 2022. This online platform offers users up-to-date, open-source information, assisting in identifying security issues and threats in their operations and businesses. Moreover, the inclusion of elements like advanced machine learning and natural language processing (NLP) heightens the platform's intelligence and credibility as the information expands. AVSEC Insight eliminates this challenge by integrating risk-associated data from numerous sources such as specialist and local-language news media, NOTAMs (Notice to Air Missions), and other authoritative sources. This allows immediate handling and recognition of business risks, real-time event tracing, and post-event evaluation by its clients. The tool includes the assessment of threats and risks from a variety of situations, including natural catastrophes, civil disorder, demonstrations, geopolitical shifts, multi-national crimes, and cybersecurity.
What Are the Emerging Segments in the Aviation Cyber Security Market?
The aviation cyber securitymarket 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
Subsegments:
1) By Solution: Network Security Solutions, Endpoint Security Solutions, Application Security Solutions, Data Security Solutions
2) By Services: Consulting Services, Managed Security Services, Incident Response Services, Training And Awareness Services
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Who Are the Global Leaders in the Aviation Cyber Security Market?
Major companies operating in the aviation cyber security market include Airbus SE, BAE Systems Inc., BluVector Inc., F-Secure Corporation, General Dynamics Corporation, General Electric Company, Honeywell International Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Palo Alto Networks Inc., Raytheon Intelligence & Space, Thales Group Inc., Unisys Corporation, Collins Aerospace, International Business Machines Corporation, SITA Information Security Services, Astronautics Corporation of America, Booz Allen Hamilton Holding Corp., Cisco Systems Inc., Fortinet Inc., McAfee Corp., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Check Point Software Technologies, Computer Sciences Corporation, accenture* plc, T-Systems International GmbH, Capgemini SE, Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers (PwC), Ernst & Young Global Limited (EY), KPMG International Limited
Which are the Top Profitable Regional Markets for the Aviation Cyber Security Industry?
North America was the largest region in the aviation cyber security market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global aviation cyber security market report during the forecast period. The regions covered in the aviation cyber security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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