Aviation Cyber Security Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The demand for airline services are increasing gradually, which is enabling the commercial airlines to focus more on implementation of advanced information technology in their system. The aviation industry is one of the largest industries which is exposed to cyber-attacks. Thus, to control such attacks, the industry is concentrating more on cyber security solutions. The cyber security solutions help in securing high-level storage and safety of confidential data of the airline companies as well as airports and air traffic management.

MARKET SCOPE

The "Global Aviation Cyber Security Market Analysis to 2031" is a specialized and in-depth study of the defense and aerospace industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Aviation Cyber Security market with detailed market segmentation by type, category, distribution channel, and geography. The report provides key statistics on the market status of the leading Aviation Cyber Security market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on Based on solutions, the market is segmented as antivirus, data encryption, data loss prevention, and others.
• On the basis of service type the market is sub-segmented into network security, endpoint security, application security, content security, wireless security, cloud security, and others. 
• Based on deployment type segment if fragmented into on-premises and cloud.
• On the basis of end user the market is segmented into commercial and military.

MARKET DYNAMICS

Drivers:

• Growing awareness towards cyber-threats among governments, commercial aviation companies and military forces
• Rising introduction of new aircrafts.
• Rising demand for integrated security solutions on aircrafts as well as on ground equipment and the development of next-generation cyber security solutions

Restraints

• High initial cost of the installation of programs and complexity of the system 

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aviation Cyber Security market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Aviation Cyber Security market in these regions.

IMPACT OF COVID-19 ON AVIATION CYBER SECURITY MARKET

The COVID-19 pandemic has forced governments and aviation related businesses to take several stringent measures to contain the spread of the virus. Airports and air traffic around the world had come to a virtual halt in the second quarter of 2021 which led to decline in airport traffic and revenue losses in the aviation industry across all regions. Although, several countries have now started to gradually reopen many parts of the economy, many countries in different region are again exposed to subsequent waves of infections and governments of these countries have opted for the re-imposition of partial or complete lockdowns. Since the health, safety and wellbeing of passengers and staff is aviation industry's topmost priority, airports and airlines have partnered with governments to prepare the restart of global connectivity as and when the epidemiological situation allows. It is expected that if the global vaccination efforts are successful, the number of passengers traveling by air and outside of their countries is likely to increase by the second half of 2021.

MARKET PLAYERS

The report covers key developments in the Aviation Cyber Security market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aviation Cyber Security market are anticipated to lucrative growth opportunities in the future with the rising demand for Aviation Cyber Security in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aviation Cyber Security market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Airbus
• BAE Systems PLC
• The Boeing Company
• Honeywell International, Inc.
• Lockheed Martin Corporation
• NORTHROP GRUMMAN CORPORATION
• Palo Alto Networks, Inc.
• Raytheon Company.
• SITA
• Thales Group

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aviation Cyber Security Report Scope