Aviation Cyber Security Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Deployment (On-Cloud and On-Premise), By Application (Airline management, Airport management, Air traffic management and Air cargo management), by Region – Global Forecast to 2023
Industry Overview:
Airlines rely mostly on a sound communication between the system computers of the ground and flight operations. But often cyber breaches destabilize these smooth operations causing havoc in air traffic system. The aviation cyber security industry is developing solutions for such cases where it can ease the operational hazards by shielding it against any kind of breaches. The global aviation cyber security market is showing signs of noteworthy growth and the 7.5% CAGR would be impressive during the forecast period (2018-2023). Market Research Future (MRFR) in their report weighed all the possibilities before tracking down the factors that can impact the market in the coming years.
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Smooth airlines operation, better tracking system, enhanced security are some of the factors to ensure level passage for the aviation cyber security market in the coming years. Revamping of the aviation sector in several countries is also providing easy ground for the market to make a foray. But its high maintenance cost can slacken the pace it is expected at present.
Competitive Landscape:
The aviation cyber security market is witnessing a surge in tactical deployments from companies such as-
- IBM (U.S.)
- BAE Systems (U.K.)
- Cisco Systems Inc. (U.S.)
- Raytheon (U.S.)
- Northrop Grumman (U.S.)
- Airbus (France)
- DXC Technology (U.S.)
- Booz Allen Hamilton (U.S.)
- Boeing (U.S.)
- Thales Group (France)
MRFR in their report puts a special emphasis on unearthing the latest strategical moves made by these companies to understand the trend that is getting hot in the market. These companies are getting involved in mergers, acquisitions, and other methods to take individual lead but improve the global market as a whole.
In January 2019, National Airways Corporation (NAC) announced that they have joined hands with Panda Security to access their Adaptive Defense 360 (AD360) to protect their traditional and advanced threats including hacking, insider attacks, and various other methods to exploit the system. Panda’s Systems Management is also helping NAC to gain better control over their organization’s IT infrastructure.
Segmentation:
MRFR in their analysis of the aviation cyber security market gave a special emphasis on segmentation that is based on deployment and application. This segmentation has details regarding volume-wise and value-wise gains of segments which simplifies the process of prediction in the coming years.
Based on the deployment, the global aviation cyber security market can be segmented into on-cloud and on-premise. The on-cloud segment is gaining much precedence due to cost-effective measures, ease of operation, and ease in storage system. However, this is also prone to cyber-attacks due to which it is getting currently lot of attention from security experts.
Based on the application, the global aviation cyber security market comprises airline management, airport management, air traffic management, and air cargo management. The airport management segment is gaining substantial coverage as it values smoother operation. The air traffic management segment is banking on this system to ensure highest level of security.
Regional Analysis:
The Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA) are the four regions getting tracked for an in-depth analysis of the global aviation cyber security market for a better identification of demographic challenges.
The Americas comprises North and South America. North America is leading the charge with substantial technological integration in the sector. The region is also investing heavily in the defense sector to stay ahead of its peers and it is mostly happening due to the presence of the U.S. Both in terms of technology and investment, the country is in an advantageous position. The region is also benefiting from Canada’s contribution. The airline IT front in the U.S. is also enjoying robust infrastructure due to which growth would be remarkable in the coming years.
On the other hand, the APAC market is gaining notable grounds due to the emergence of several airlines in the sector and revamping of the airlines industries in several developing economies.
Scope of Report
The report for Global Aviation Cyber Security Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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