Title: Aviation Cyber Security Market Research Report - Global Forecast till 2025
1Aviation Cyber Security Market 2018
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Aviation Cyber Security Market 2018
Aviation Cyber Security Market 2018 Industry
Survey, Growth, CompetitiveLandscape and
Forecasts to 2023
The global aviation cyber security market has
seen a remarkable growth over the past few years.
It has been expected that the market will grow at
a rapid pace during the forecast period. Over the
last couple of years, the aviation industry has
undergone various advanced security system where,
cyber security is their main point of attraction.
The airline services are increasing day by day,
and are becoming more focused on implementing
information technology in their system. As a
result, the aviation industry has given high
chances of cyber-attacks. However, to control
these types of attacks, aviation industry is
focusing more on cyber security solutions. The
aviation industry is one of the largest of
industries, which deals in high level and storage
of confidential data, which are majorly used by
the airline companies, airports and air traffic
management. As a result, the demand for aviation
cyber security system to avoid the leakage of
stored data is very high. Moreover, the
technological advancement in the aviation
industry has also boosted the demand.
3 Aviation Cyber Security Market 2018
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Aviation Cyber
Security Market Research Report - Global Forecast
2023
As per MRFR analysis, the aviation cyber security
market is expected to witness remarkable growth
during the forecast period as several companies
are opting for aviation cyber security into their
systems. This market is expected to grow at
7.5 the CAGR during the forecast period. This
market is majorly influenced by the growth
factors such as increasing rate of cyber-attacks,
technological advancements, and stringent
government regulation. Despite these factors, the
high maintenance cost, lack of skilled labor, and
absence of standard cyber security framework may
hindering the market growth majorly.
4 Aviation Cyber Security Market 2018
Segmentation
November, 2017- Astronautics Corporation of
America signed a contract with the U.S. Federal
Aviation Administration (FAA), to continue its
progress in the Aircraft Systems Information
Security/Protection (ASISP) program, on the
development and validation of the methodologies
for avionics cyber security. June, 2016- It was
reported that according to SITA, 91 of the
global airlines have planned to invest
extensively on cyber security programs, over the
next three years. This would aid the airlines in
safeguarding their sensitive data and enhance the
flight operational safety MRFR has segmented the
global aviation cyber security market into two
segments that is by deployment and application.
On the basis of deployment, the market has been
segmented into on-cloud and on-premise. However,
the application segment has been divided as
airline management, airport management, air
traffic management and air cargo management.
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5 Aviation Cyber Security Market 2018
Application Major Players in this Research
Aviation Cyber Security Market Prominent
Players BAE Systems (U.K.), Cisco Systems, Inc.
(U.S.), IBM (U.S.), Northrop Grumman (U.S.),
Raytheon (U.S.), DXC Technology (U.S.), Airbus
(France), Boeing (U.S.), Booz Allen Hamilton
(U.S.), Thales Group (France). . .
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6Aviation Cyber Security Market 2018
Aviation Cyber Security Market Competitive
Analysis
Commenting on the report, an analyst from Market
Research Future (MRFR)s team said North
America leads in global aerospace expenditure and
technological advancements, and thus generates a
very high demand for the aviation cyber security
systems. Although, Canada makes some investments
in the development of such advanced systems, yet
the market is primarily dependent on the US. This
is mainly attributable to the large focus of the
country on the airline IT front. The sheer
presence of IT companies in the U.S. has fueled
the market in this region. Moreover, the growth
in the usage of in-flight Wi-Fi and social media,
have increased the demand for efficient cyber
security solutions and services. Concurrently,
the steep rise in cybercrime activities in Latin
American countries such as Mexico, Chile, Brazil,
Panama, Argentina, Venezuela, Peru, and Colombia
resulted in compelling the governments of such
countries pass legislations that drive the demand
of cyber security services and solutions, in the
region.
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