NEW YORK, Sept. 1, 2023 /PRNewswire/ — The aviation cyber security market size is set to grow by USD 38.08 billion between 2022 and 2027 and register a CAGR of 9.4%, according to Technavio’s latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The report is segmented by Type, Deployment, and Geography. The network security segment will be significant during the forecast period. It refers to any activity structured to protect the usability and integrity of the data and network. The aviation industry prioritizes to maintain safe, secure, and resilient operations. It plays a major role in safeguarding sensitive data from cyber-attacks and ensures that the network is usable and trustworthy. The need for technological advancements to prevent the aviation sector from cyber-attacks becomes critical because the aviation sector travels towards the autonomy of spaceflight and invests billions in developing aviation technologies. Hence, such factors boost the growth of the network security segment during the forecast period. Technavio offers in-depth market insights that assist global businesses in obtaining growth opportunities. Read Sample Report
Aviation Cyber Security Market 2023-2027: Segmentation
- Type
- Network Security
- Wireless Security
- Cloud Security
- Content And Application Security
- Deployment
- On-premise
- Cloud-based
- Geography
- North America
- APAC
- Europe
- Middle East And Africa
- South America
Aviation Cyber Security Market 2023-2027: Company Analysis and Scope
Some of the major vendors of the aviation cyber security market include Airbus SE, Astronautics Corporation of America, BAE Systems Plc, Booz Allen Hamilton Holding Corp., Cisco Systems Inc., Fortinet Inc., General Dynamics Corp., General Electric Co., Honeywell International Inc., International Business Machines Corp., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Palo Alto Networks Inc., Raytheon Technologies Corp., SITA, Thales Group, and Unisys Corp.. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the aviation cyber security market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Company Offerings
- Airbus SE – The company offers Airbus cyber security which protects the government, defense, critical infrastructure, and enterprise from increasingly complex cyber threats.
- BAE Systems Plc – The company offers aviation cyber security services such as multi-domine integration, digital and data service, and AML regulatory compliance.
- Booz Allen Hamilton Holding Corp. – The company offers aviation cyber security solutions such as defensive solutions, and full spectrum solutions.
Aviation Cyber Security Market 2023-2027: Market Dynamics
Key Drivers – The adoption of a hybrid model in the aviation industry
- The adoption of a hybrid model in the aviation industry drives the growth of the aviation cybersecurity market.
- Market vendors generally provide on-premises and cloud-based models of aerospace cyber security solutions.
- Various industries, including small businesses, ensure on-premises data protection without the need for a skilled worker by adopting hybrid deployment models.
- This helps in lowering their total cost of ownership.
- Hence, such factors boost the growth of the aviation cybersecurity market during the forecast period.
Aviation Cyber Security Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist aviation cyber security market growth during the next five years
- Estimation of the aviation cyber security market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the aviation cyber security market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of aviation cyber security market vendors
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Aviation Cyber Security Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.4% |
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Market growth 2023-2027 |
USD 38.08 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
9.1 |
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Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 34% |
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Key countries |
US, China, Japan, India, and Germany |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Airbus SE, Astronautics Corporation of America, BAE Systems Plc, Booz Allen Hamilton Holding Corp., Cisco Systems Inc., Fortinet Inc., General Dynamics Corp., General Electric Co., Honeywell International Inc., International Business Machines Corp., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Lockheed Martin Corp., Northrop Grumman Corp., Palo Alto Networks Inc., Raytheon Technologies Corp., SITA, Thales Group, and Unisys Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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