Aviation Cyber Security Market : Development Insight and Manufacturers Challenge Competitors

Aviation Cyber Security Market is projected to expand at a CAGR of 7.4% from 2017 to 2025
and reach US$4,759.3 mn by 2025,rising Sophistication of Cyber-attacks Compel Aviation
Industry to Adopt Better Security Solutions
Aviation Cyber Security Market : Future Forecast Assessed on the
basis of how the Market is Predicted to Grow
Although the vendor landscape of the global market for aviation cyber security is largely
fragmented, the top five companies accounted for a significant 59% of the global market in 2016,
observes Transparency Market Research in a recent report. The market features a high level of
competition, which has intensified in the past few years owing to the large numbers of
acquisitions and mergers undertaken by key players.
Leading vendors in the market continue to resort to these strategies as a way of adding unique
services and product offerings to their portfolio and gain extra leverage through an expanded
consumer base. Recent instance would be the acquisition of Lacoon Mobile Security, an Israelbased
mobile security company, by Palo Alto Networks, Inc. in 2015.
The market is also tough for new and small vendors to enter. Firstly, due to the intense
competition and secondly, due to the fact that leading players enjoy strong presence and
excellent consumer loyalty across key regional markets, making it difficult for new vendors to
make their mark in the global aviation cyber security market.
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2025.html
The top five vendors in the market (in terms of revenue collected from offerings in the field of
aviation cyber security solutions) are Raytheon Company, BAE Systems Inc., General Dynamics
Corp., Thales SA, and Harris Corp.
Transparency Market Research projects that the global market for global aviation cyber security
will exhibit a promising 7.4% CAGR from 2017 to 2025, rising from a valuation of US$2,545.2
mn in 2016 to US$4,759.3 mn by 2025.
In terms of geography, North America was the leading revenue contributor to the global aviation
cyber security market in 2016, with the U.S. being the hub of the majority of players in the

market. North America accounted for a massive 36.6% of the global aviation cyber security
market in 2016 and is expected to remain the leading contributor of revenue to the global market
throughout the forecast period as well.
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On the other hand, the market in South America is expected to be the most promising regional
market, with an impressive 12.8% CAGR from 2017 to 2025. In terms of services, managed
security services are expected to continue to witness strong growth over the report’s forecast
period and account for nearly 73% of the overall revenue of the global aviation cyber security
market by the end of the forecast period.
Factors such as the rising numbers and complexity of cyber-attacks on aviation systems, the
increased investment of aviation companies on enhancement of their IT infrastructure, and the
vast rise in the adoption of commercial aviation services, especially across emerging economies
in regions such as Asia Pacific and South America are the key drivers of the global aviation
cyber security market. However, the high initial cost of deployment of advanced aviation cyber
security solutions could discourage many small-scale aviation service providers from adopting
them, hampering the growth prospects of the market to a certain extent.
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By Deployment
•On-Premises
•Hosted
By Type
•Network Security
•Wireless Security
•Cloud Security
•Content Security

•Application Security
By Solution
•Data Encryption
•Data Loss Prevention
•Disaster Recovery Management
•Network Firewall
•Unified Threat Management
•Antivirus/Antimalware
•Identity Access Management
•Risk and Compliance Management
•Vulnerability Management
•Distributed Denial of Service (DDOS) Attack Protection
•Web Filtering
By Services
•Managed Security Solution
•Training
•Consulting
By Geography
•North America
•Europe
•Asia Pacific
•Middle East and Africa
•South America
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