Aviation Cyber Security Market
The revenue in the global aviation cyber security market is forecasted to rise at a 7.4% CAGR from 2017 to 2025 to reach a value of US$4,759.3 mn by 2025 from US$ 2,545.2 mn in 2016
The revenue in the global aviation cyber security market is forecasted to rise at a 7.4% CAGR from 2017 to 2025 to reach a value of US$4,759.3 mn by 2025 from US$ 2,545.2 mn in 2016
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AVIATION CYBER SECURITY MARKET TRENDS, AND FORECAST<br />
BY 2025<br />
To safeguard aviation networks, database, and computers from cyber-attacks or unauthorized<br />
access, different <strong>Aviation</strong> <strong>Cyber</strong> <strong>Security</strong> <strong>Market</strong> have emerged. They furnish<br />
a comprehensive suite of digital protection solutions to the aviation industry so that it can<br />
conduct its day to day operations smoothly.<br />
A report by Transparency <strong>Market</strong> Research furnishes an executive-level blueprint of the<br />
global aviation cyber security market. For the purpose of study, the market has been<br />
bifurcated depending upon the deployment mode into on-premise and hosted. Currently,<br />
cloud-based data security services are gaining traction on account of their convenience.<br />
The report also segments the market by type into wireless security, network security,<br />
cloud security, and content security and application security. The network-based security,<br />
among them, accounted for maximum market share – around 30% – in 2016. In the years<br />
ahead, however, the application based security segment is predicted to clock maximum<br />
growth.<br />
Solution-wise, the key segments of the global aviation cyber security market as per the<br />
report are disaster recovery management, data encryption, data loss prevention, network<br />
firewall, risk and compliance management, unified threat management, antivirus/antimalware,<br />
identity and access management, distributed denial of service (DDOS) attack protection<br />
vulnerability management, and web filtering. Of these, the identity and access<br />
management solution segment will likely contribute the most to the market share because<br />
of their swift uptake by medium and small airline operators. In terms of growth rate, the<br />
vulnerability management solution segment will outpace all others from 2017 to 2025 due<br />
to demand from airline operators to offer add-on security solution.<br />
Global <strong>Aviation</strong> <strong>Cyber</strong> <strong>Security</strong> <strong>Market</strong>: Trends and Opportunities<br />
The revenue in the global market for aviation cyber security is forecasted to rise at a 7.4%<br />
CAGR from 2017 to 2025 to reach a value of US$4,759.3 mn by 2025 from US$ 2,545.2<br />
mn in 2016. The growth in the market will be primarily driven by the swiftly expanding<br />
aviation industry and its rapid uptake of technology, some of which have a direct bearing<br />
on the safety of aircraft inflight and on daily service. <strong>Aviation</strong> cyber security solutions help<br />
airline operators and airport authorities to enhance their operations by thwarting unseen<br />
cyber threats. Furthermore, demand for network security, cloud security and content security<br />
among new medium and low cost carriers is expected to increase market revenue<br />
in the coming years.<br />
Get accurate market forecast and analysis on the <strong>Aviation</strong> <strong>Cyber</strong> <strong>Security</strong> <strong>Market</strong>.<br />
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A noticeable trend in the market is the offer of new services such as disaster recovery<br />
management, web filtering and distributed denial of service (DDOS) attack protection solution<br />
in order to fulfill the airline operator’s demand by cyber security solution providers.<br />
Global <strong>Aviation</strong> <strong>Cyber</strong> <strong>Security</strong> <strong>Market</strong>: Regional Outlook<br />
Geographically, the key segments of the global cyber security aviation market are North<br />
America, Europe, Asia Pacific, South America, and the Middle East and Africa. North<br />
America, among them, accounted for maximum market share – around 36% – in 2016.<br />
This is because the region has witnessed a raft of cyber-attacks in the recent past and<br />
continues to be vulnerable on account of high degree of automation.<br />
Going forward, South America and the Middle East and Africa are predicted to outpace<br />
all other regions in terms of the growth rate clocked. The phenomenal growth in the two<br />
regions will be facilitated by the increase in low cost carriers and emerging smart airports.<br />
Companies Mentioned in the Report<br />
Some of the key players competing in the global aviation cyber security market are Computer<br />
Sciences Corporation, Airbus Defence and Space SA, BluVector, Inc., BAE Systems,<br />
Inc., General Dynamics Corporation, General Electric Company, Harris Corporation,<br />
Palo Alto Networks, Inc., Rockwell Collins, Inc., Raytheon Company, and Unisys<br />
Corporation.<br />
About Us<br />
Transparency <strong>Market</strong> Research (TMR) is a global market intelligence company providing<br />
business information reports and services. The company’s exclusive blend of quantitative<br />
forecasting and trend analysis provides forward-looking insight for thousands of decision makers.<br />
TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources<br />
and various tools and techniques to gather and analyze information.<br />
TMR’s data repository is continuously updated and revised by a team of research experts so that<br />
it always reflects the latest trends and information. With extensive research and analysis<br />
capabilities, Transparency <strong>Market</strong> Research employs rigorous primary and secondary research<br />
techniques to develop distinctive data sets and research material for business reports.<br />
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