Aviation Cyber Security Market
Global aviation cyber security market is estimated to be valued at USD 9.45 Bn in 2024 and is expected to reach USD 14.64 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031 The aviation industry has become increasingly reliant on advanced technologies over the past few decades. Cyber security has now emerged as a major area of concern for aviation stakeholders, given the critical role played by digital systems in modern aviation operations. A cyber-attack targeting aviation networks and systems can potentially compromise safety, disrupt operations, and even cause accidents in worst cases. This has prompted governments and aviation regulators worldwide to focus on developing robust cyber security frameworks for the aviation sector. The global aviation cyber security market is poised to grow significantly in the coming years as airlines, manufacturers, airports, and other entities boost investments to safeguard their digital assets and infrastructure from growing cyber threats.
Market Dynamics
Global aviation cyber security market is driven by the increasing frequency and sophistication of cyber-attacks targeting the aviation industry. As aircraft systems and airports become more connected digitally, the vulnerability to cyber threats is also increasing exponentially. This is prompting Additionally, growing digitization of operations, adoption of IoT, cloud computing, etc. is expanding the attack surface for hackers. The market growth can be restrained by the lack of skilled professionals in this niche domain as well as budget constraints faced by some smaller players. However, the development of next-generation technologies like Blockchain for enhancing aviation cyber security offers high growth opportunities for market participants.
Key Features of the Study:
- This report provides in-depth analysis of the global aviation cyber security market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 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, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global aviation cyber security market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Cisco Systems, IBM, Lockheed Martin, Northrop Grumman, Raytheon, BAE Systems, Unisys, Palo Alto Networks, Collins Aerospace, and Thales Group
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global aviation cyber security market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aviation cyber security market
Market Segmentation
Table of Contents
*Browse 32 market data tables* and 28 figures* on 'Global Aviation Cyber Security Market' - Global forecast to 2031
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize Now
Credibility and Certifications
860519526
9001:2015
27001:2022
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients
