Increasing adoption of cloud computing networks and services drives the growth of aviation cyber security market. Interpretation of a large volume of data in a complex environment is a major challenge for airlines. Moreover, ground staff requires this data to keep ground and air operations running seamlessly.
Increasing usage of cloud-based services for multiple workloads such as passenger management, data backups, ERP, CRM, and baggage management is expected to drive the growth of the global aviation cyber security market over the forecast period
Advantages of using cloud computing such as lower total cost of ownership, ease of scalability, increased productivity, and fast implementation of apps and services is a major factor for its adoption in the aviation industry. Moreover, cloud deployment in aviation increases vulnerabilities and makes it easily accessible to unauthorized users. Therefore, companies are shifting towards the adoption of cyber security solutions to secure their workloads on the cloud without risks of cyber threats.
Key players in the market are also focusing on developing cloud-based solutions to remain competitive in the global market. For instance, in September 2018, Thales Group, a global technology leader in the aerospace, transportation, space and defense & security markets, entered into a partnership with Saudi Telecom Company, to launch cloud encryption service for enterprise customers allowing them to protect and control their data in the cloud.
Market Dynamics
On the basis of deployment type, the global aviation cyber security market is segmented into on-premise and cloud/hosted. Cloud/hosted segment is expected to exhibit the highest CAGR of 9.3% over the forecast period and it is expected to generate a revenue of US$ 2,380.5 Mn in 2027. This growth is owing to rise in demand for cyber security solutions over cloud and increase in awareness about the benefits of cloud-based security solutions such as easy access to vital business metrics, lower cost as compared to on-premise solutions, and higher performance.
On the basis of security type cloud security segment is expected to exhibit the CAGR of 8.4% over the forecast period. This segment is expected to generate revenue of US$ 856.7 Mn by 2027. Cloud security is a set of controls which is used to protect and safeguard the data and the infrastructure involved in cloud computing. With the integration of new technologies, the aviation system is dependent on cloud computing for its ground operations and management. Aviation companies are moving towards cloud computing as it increases the productivity of aviation operations and provides low-cost services compared to installing new IT infrastructures. For instance, in April 2021, Lufthansa Systems, a Germany-based IT company, launched new line products combined with their cloud technologies. Products include NetLine, Lido, and SIRAX. These products help client in managing company's finance, flight operations, and others.
Key features of the study:
- This report provides in-depth analysis of global Aviation Cyber Security market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021-2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global Aviation Cyber Security market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study include Airbus SE, BAE Systems, Inc., F-Secure Corporation, General Dynamics Corporation, Harris Corporation, Palo Alto Networks, Inc., Raytheon Company, General Electric Company, Computer Sciences Corporation, BluVector Inc., Thales Group and Rockwell Collins, Inc.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global Aviation Cyber Security market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Aviation Cyber Security market
Detailed Segmentation
- Global Aviation Cyber Security Market, By Deployment Type:
- Global Aviation Cyber Security Market, By Security Type:
- Endpoint Security
- Network Security
- Application Security
- Cloud Security
- Wireless Security
- Others
- Global Aviation Cyber Security Market, By Solution:
- Antivirus and Anti-Malware
- Firewall
- Data Loss Prevention
- Security Information and Event Management (SIEM)
- Intrusion Detection Systems/Intrusion Prevention System
- Identity and Access Management (IAM)
- Governance, Risk and Compliance (GRC)
- Distributed Denial of Service (DDoS)
- Others
- Global Aviation Cyber Security Market, By Services:
- Managed Services
- Professional Services
- Global Aviation Cyber Security Market, By Region:
- North America
- Cloud/Hosted
- On-premise
- Endpoint Security
- Network Security
- Application Security
- Cloud Security
- Wireless Security
- Others
- Antivirus and Anti-Malware
- Firewall
- Data Loss Prevention
- Security Information and Event Management (SIEM)
- Intrusion Detection Systems/Intrusion Prevention System
- Identity and Access Management (IAM)
- Governance, Risk and Compliance (GRC)
- Distributed Denial of Service (DDoS)
- Others
- Managed Services
- Professional Services
- U.S.
- Canada
- Asia Pacific
- Cloud/Hosted
- On-premise
- Endpoint Security
- Network Security
- Application Security
- Cloud Security
- Wireless Security
- Others
- Antivirus and Anti-Malware
- Firewall
- Data Loss Prevention
- Security Information and Event Management (SIEM)
- Intrusion Detection Systems/Intrusion Prevention System
- Identity and Access Management (IAM)
- Governance, Risk and Compliance (GRC)
- Distributed Denial of Service (DDoS)
- Others
- Managed Services
- Professional Services
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Europe
- Cloud/Hosted
- On-premise
- Endpoint Security
- Network Security
- Application Security
- Cloud Security
- Wireless Security
- Others
- Antivirus and Anti-Malware
- Firewall
- Data Loss Prevention
- Security Information and Event Management (SIEM)
- Intrusion Detection Systems/Intrusion Prevention System
- Identity and Access Management (IAM)
- Governance, Risk and Compliance (GRC)
- Distributed Denial of Service (DDoS)
- Others
- Managed Services
- Professional Services
- Germany
- Italy
- U.K.
- France
- Russia
- Rest of Europe
- Latin America
- Cloud/Hosted
- On-premise
- Endpoint Security
- Network Security
- Application Security
- Cloud Security
- Wireless Security
- Others
- Antivirus and Anti-Malware
- Firewall
- Data Loss Prevention
- Security Information and Event Management (SIEM)
- Intrusion Detection Systems/Intrusion Prevention System
- Identity and Access Management (IAM)
- Governance, Risk and Compliance (GRC)
- Distributed Denial of Service (DDoS)
- Others
- Managed Services
- Professional Services
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- Cloud/Hosted
- On-premise
- Endpoint Security
- Network Security
- Application Security
- Cloud Security
- Wireless Security
- Others
- Antivirus and Anti-Malware
- Firewall
- Data Loss Prevention
- Security Information and Event Management (SIEM)
- Intrusion Detection Systems/Intrusion Prevention System
- Identity and Access Management (IAM)
- Governance, Risk and Compliance (GRC)
- Distributed Denial of Service (DDoS)
- Others
- Managed Services
- Professional Services
- GCC Countries
- South Africa
- Rest of Middle East and Africa
- Company Profiles
- Airbus SE.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- BAE Systems, Inc.
- F-Secure Corporation
- General Dynamics Corporation
- Harris Corporation
- Palo Alto Networks, Inc.
- Raytheon Company
- General Electric Company
- Computer Sciences Corporation
- BluVector Inc.
- Thales Group
- Rockwell Collins, Inc.
"*" marked represents similar segmentation in other categories in the respective section.