Aviation Cyber Security Market Segmented By Solution, Services Component having Airline Management, Air Cargo Management, Airport Management, Air Traffic Control Management Application
Industry: IT and Telecommunication
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Report Type: Ongoing
Report ID: PMRREP32803
Aviation Cyber Security market is projected to grow at a CAGR of ~9% during the forecast period 2021-2031. The enabling technological advancements in the aviation sector are creating massive growth opportunities to have better security, customer service, operations, passenger experience, and flight efficiency, both on the ground and in the air. The aviation sector has been benefitting from the increasing level of digitization and connectivity, across the value chain.
The need to protect infrastructure becomes critical as the aerospace sector progresses inward to spaceflight autonomy and invests trillions in the production of aviation technologies.
As threats become more and more resilient with each attack, the mostly preferred solutions are identification and prevention. Due to these scenarios, the businesses aim to adopt domain experts' services in order to create a business opportunity.
As the aerospace sector is investing billions in developing aviation technologies, and shifting towards the autonomy of spaceflight, the need to protect the infrastructure becomes vital.
The need for technological advancements in order to prevent the IT infrastructure and networks in aviation sector from cyber-attacks is a major driver for the market. Therefore, the cyber security market in aviation is likely to expand significantly concerning the aforementioned aspects.
By enabling the airport-wide process integration, exchange of real-time information on flights schedule, and collaboration, airports significantly improve passenger services, advanced security capabilities, and overall operational efficiencies.
Hence, airports continue to enhance their infrastructure intelligence to upgrade passengers travel experience and support the growth, as the number of air travel passengers is increasing at a rapid rate every year. These factors drive the adoption of IT systems thus, impacting the market.
Cyber security plays an important role to protect confidential data related to aircraft security details, passengers, etc., wherever automation and use of IT services are required.
Moreover, airports majorly enhance customer facilities, safety features, and operational performance, by allowing the information sharing in real-time with respect to flight schedule, enabling alignment and coordination through the entire airport operations. Such factors contribute to the acceptance of these systems, thereby positively impacting the sales of aviation cyber security solutions.
U.S. is expected to dominate the North America market in the future owing to the noteworthy advancements in aviation security solutions. Further, a significant number of companies operating in the aviation cyber security industry are based in the US, such as Cisco Systems, Inc., IBM Corporation, Raytheon Company, and BAE Systems plc, among others.
Key elements boosting the demand includes significant growth in the use of internet and social media in the U.S., thus propelling the need for technologically advanced and effective cyber security solutions and services.
Civil Aviation is an attractive target for cyber-attacks and European Union Aviation Safety Agency’s (EASA) role is to ensure that cyber risks are taken into account during aircrafts design, development and operation and then controlled in order to avoid adverse effects on citizens’ safety. An EU Roadmap on Cybersecurity in aviation has been prepared by EASA in close co-operation with the European Commission.
EASA strongly supports the development of a resilient and secure European Aviation System and is operating through regulatory activities, promotion, as well as international cooperation to incorporate the cybersecurity in the existing safety notion. EASA’s mission is to provide the European citizens safe air travel in Europe and worldwide. This is expected to create a strong impact on the Europe aviation cyber security industry over the forecast period.
Some of the leading providers of Aviation Cyber Security include
The market is experiencing mergers & acquisitions, and collaborations, to enable wider applications and stronger technical capabilities. Version upgrades with enhanced capabilities differentiate the market offerings. There are significant R&D spending being done by the market vendors to improve the offering on a continuous basis.
By Component
By Application
By Deployment
By Region
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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