Categories: Market Research

Aviation Cyber Security Market Growth Outlook Through 2024-2033

Overview and Scope
Aviation cyber security refers to the prevention and protection of the hardware and software infrastructure that also includes data of the aviation sector from unauthorized access, harm, or abuse. Aviation cybersecurity includes the safeguarding of information in the form of digital data, along with the networks, websites, services, computers, and portals that carry and enable data access.

Sizing and Forecast
The aviation cyber security market size has grown strongly in recent years. It will grow from $4.71 billion in 2023 to $5.1 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increased cyber threats in aviation, risen dependency on digital technologies, regulatory compliance requirements, protection of sensitive data, high-profile cybersecurity incidents.

The aviation cyber security market size is expected to see strong growth in the next few years. It will grow to $6.75 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to evolution of cyber threats, increasing connectivity in aviation systems, global aviation industry growth, collaboration for cybersecurity resilience, heightened focus on insider threats. Major trends in the forecast period include enhanced focus on insider threat mitigation, regulatory compliance and cybersecurity standards, growth in cybersecurity training programs, integration of threat hunting technologies, rapid incident response capabilities.

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Segmentation & Regional Insights
The aviation cyber security market covered in this report is segmented –

1) By Component: Solution, Services
2) By Security Type: Network Security, Wireless Security, Cloud Security, Content Security, Application Security
3) By Deployment: Cloud, On-Premises
4) By Application: Airline Management, Air Cargo Management, Airport Management, Air Traffic Control Management

North America was the largest region in the aviation cyber security market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global aviation cyber security market report during the forecast period. The regions covered in the aviation cyber security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increasing number of cyber-attacks is expected to boost the growth of the aviation cyber security market going forward. A cyber attack is a strike that is launched against an information technology system with malicious intent to gain unauthorized access to a computer or network. These attacks aim to disable, erase, corrupt or steal the data stored on the systems. Aviation cybersecurity secure application architectures, secure code, rigorous data input validation, threat modeling, and other measures are implemented to reduce the possibility of unauthorized access or alteration of application resources in aviation. For instance, according to AAG Cybersecurity, a company that provides a wide range of cybersecurity services, cyber attacks globally increased by 125% through 2021. Therefore, the increasing number of cyberattacks is driving the demand for the aviation cyber security market.

Key Industry Players

Major companies operating in the aviation cyber security market report are Airbus SE, BAE Systems Inc., BluVector Inc., F-Secure Corporation, General Dynamics Corporation, General Electric Company, Honeywell International Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Palo Alto Networks Inc., Raytheon Intelligence & Space, Thales Group Inc., Unisys Corporation, Collins Aerospace, International Business Machines Corporation, SITA Information Security Services, Astronautics Corporation of America, Booz Allen Hamilton Holding Corp., Cisco Systems Inc., Fortinet Inc., McAfee Corp., Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Check Point Software Technologies, Computer Sciences Corporation, Accenture PLC, T-Systems International GmbH, Capgemini SE, Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers (PwC), Ernst & Young Global Limited (EY), KPMG International Limited

The aviation cyber security market report table of contents includes:

1. Executive Summary

2. Aviation Cyber Security Market Characteristics

3. Aviation Cyber Security Market Trends And Strategies

4. Aviation Cyber Security Market – Macro Economic Scenario

5. Global Aviation Cyber Security Market Size and Growth
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31. Global Aviation Cyber Security Market Competitive Benchmarking

32. Global Aviation Cyber Security Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Aviation Cyber Security Market

34. Aviation Cyber Security Market Future Outlook and Potential Analysis

35. Appendix

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