Cyber Security Market Overview in Aviation Sector 2019: CAGR of 8% With Key Industry Segments Poised for Strong Growth | Honeywell, BAE, CSC, Cisco, Harris, IBM, Northrop Grumman, Raytheon and Thales

Cyber Security Market Overview in Aviation Sector 2019: CAGR of 8% With Key Industry Segments Poised for Strong Growth | Honeywell, BAE, CSC, Cisco, Harris, IBM, Northrop Grumman, Raytheon and Thales

Aviation Cyber Security Market
Aviation Cyber Security Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Type (Network Security, Wireless Security, Cloud Security, Content Security, and Application Security), Deployment (On-Cloud and On-Premise), Application (Airline management, Airport management, Air Traffic Management, and Air Cargo Management), Component (Solution and Service), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin Ame

Global Aviation Cyber Security Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

The recent study circulated by Market Research Future (MRFR) unfolds that the global aviation cyber security market is anticipated to mark a CAGR of 8% across the review period 2018 to 2025. Increasing utilization of IT services in the aviation industry has led to a rise in cyberattacks. This, in turn, has paved the growth trajectory of the market for the next couple of years.

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With the increase in airlines services, the investments in advanced cybersecurity solutions are set to increase in the years to come. This, in turn, is prognosticated to catapult the aviation cyber security market on upward trajectory.

The aviation industry holds a massive amount of confidential data which can pose a high level of risk to individuals, organizations, and nations. This factor has motivated the adoption of technologically advanced and latest security measures, which is projected to encourage growth of the aviation cyber security market over the next few years. Although the market is likely to remain lucrative in the nearby future, factors such as high maintenance cost and lack of skilled personnel are poised to restrict the growth of the market in the years to come.

Competitive Dashboard:

Honeywell International, Inc., Computer Sciences Corporation, BAE Systems PLC, Cisco Systems, Inc., IBM Corporation, Cisco Systems, Inc., Harris Corporation, Northrop Grumman Corporation, Thales Group, Raytheon Company, and SITA are few of the major players in the global aviation cyber security market assessed in this MRFR report. These players are profiled to present an exhaustive share analysis of the market. Key growth trajectories expected to be devised by the players are research & development, collaborations, mergers & acquisitions, agreements, competitive pricing policies, etc. In addition, increasing investments in the development of technological innovations is another major factor anticipated to intensify competition in the global aviation cyber security market over the next couple of years.

Intended Audience

  • Airlines and airports
  • Cybersecurity service and solution providers
  • Investment research firms

Market Segmentation:

The segmental analysis of the Aviation Cyber Security Market, on the basis of type, covers network security, cloud security, content security, wireless security, and application security. Among these, the network security segment is likely to witness expansion at the highest CAGR over the assessment period. The segment’s growth can be accredited to the rising dependency of the aviation industry on computer applications.

On the basis of deployment, the global aviation cyber security market has been bifurcated into on-cloud and on-premise. The on-premise segment is poised to dominate the market over the next couple of years. Meanwhile, the on-cloud segment is projected to register a higher growth rate across the forecast period.

The segments of the aviation cyber security market, based on application, include air traffic management, airport management, airline management, and air cargo management. Among these, the airport management segment is forecasted to retain its dominance over the market in the foreseeable future. The airline management segment, on the other hand, is expected to expand at a higher CAGR across the forecast period.

On the basis of component, the global aviation cyber security market has been divided into solution and service.

Regional Analysis:

On the basis of region, the global aviation cyber security market has been segmented into North America, Asia Pacific (APAC), the Middle East & Africa (MEA), Europe, and Latin America. North America is likely to hold the pole position in the global market place through the evaluation period. Increasing adoption of advanced technologies in the aviation industry of the region is expected to drive market growth in the forthcoming years. Europe is expected to maintain its standing at the second spot in the upcoming years and benefit from the presence of key players. Meanwhile, the highest growth rate is expected to be registered by Asia Pacific during the assessment period.

Key Insights

  • Market Sizing, Forecast, and Analysis: Detailed coverage of the market segment and sub-segments
  • Regional/Country Trends and Forecast: Detailed analysis of the market in North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America, along with key countries in each region
  • Market Dynamics Intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain, and value chain analysis
  • Technology Trends, Regulatory Landscape, and Patent Analysis Outlook
  • Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, and strategic developments including joint ventures, product launches, and mergers & acquisitions
  • Regional attractiveness and related growth opportunities

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List of Tables

Table 1 List of Assumptions
Table 2 Major Patents Granted for Aviation Cyber Security (15 May 2010–15 May 2019)
Table 3 Type: Global Aviation Cyber Security Market, 2018–2025 (Usd Million)
Table 4 Deployment: Global Aviation Cyber Security Market, 2018–2025 (Usd Million)
Table 5 Application: Global Aviation Cyber Security Market, 2018–2025 (Usd Million)
Table 6 Component: Global Aviation Cyber Security Market, 2018–2025 (Usd Million)
Table 7 Global Aviation Cyber Security Market, by Region, 2018–2025 (Usd Million)
Table 8 North America: Aviation Cyber Security Market, by Country, 2018–2025 (Usd Million)
Table 9 North America: Aviation Cyber Security Market, by Type, 2018–2025 (Usd Million)
Table 10 North America: Aviation Cyber Security Market, by Deployment, 2018–2025 (Usd Million)

Continued……….

List of Figures

Figure 1 Market Synopsis
Figure 2 Global Aviation Cyber Security Market: Market Attractiveness Analysis
Figure 3 Global Aviation Cyber Security Market Analysis, by Type
Figure 4 Global Aviation Cyber Security Market Analysis, by Component
Figure 5 Global Aviation Cyber Security Market Analysis, by Application
Figure 5 Global Aviation Cyber Security Market Analysis, by Component
Figure 6 Global Aviation Cyber Security Market Analysis, by Region
Figure 7 Global Aviation Cyber Security Market: Market Structure
Figure 8 Key Buying Criteria for Aviation Cyber Security Types
Figure 9 Research Process of Mrfr
Figure 10 North America: Market Size & Market Share, by Country, 2018 Vs 2025

Continued……

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