Aviation Cyber Security Market by Emerging Trends, Technologies, Future Industry Scenario and Forecast to 2026

The Aviation Cyber Security Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Aviation Cyber Security market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Aviation Cyber Security market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Aviation Cyber Security market.

The aviation cyber security market is expected to register a CAGR of around 11% during the forecast period of 2019-2024.

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Top Leading Companies of Aviation Cyber Security Market are - Honeywell International, Inc., Cisco Systems, Inc., Thales Group, The Raytheon Company, BAE Systems, Lockheed Martin Corporation, Northrop Grumman Corporation, Collins Aerospace, Unisys Corporation, Palo Alto Networks, Inc. and others.

Industry News and Updates:

- In April 2019 - Thales Group acquired a software security company Gemalto for USD 5.4 billion. It plans to create a new division, to be named as digital identity and security, for redefining its divisions as aerospace, space, ground transportation, defense and security, and digital identity and security.
- In October 2018 - Cisco aquired Duo Security to integrate its network, device and cloud security platforms. Duo's zero trust authentication and access products has helped the company to let its customers to securely connect users to any application on any networked device.

Key Market Trends:

Airport Management Holds a Significant Market Share being the Passengers Contact Point

- With the number of air travel passengers increasing at a rapid rate year over year, airports continue to upgrade their infrastructure intelligence to improve passengers travel experience and support the growth. By enabling the exchange of real-time information on flights schedule, collaboration, and airport-wide process integration, airports significantly improve operational efficiencies, passenger services, and advanced security capabilities. These factors drive the adoption of It systems thus, impacting the market
- According to SITA Air Transport IT Trends Insights Report, 2018, the airport and the airline have IT investment prioritized as cybersecurity, with 94% of studied airports planning to invest in the cybersecurity programs over the next three years.

North America Holds the Largest Market Share

- According to the Cyber Security Breaches Survey 2018, in the United States, the state of California lost more than USD 214 million through cyber crime alone. Such cases creates a need for the cyber security in the country and impacts the demand.
- In the United States, the transportation companies and air carriers especially aviation sector, in particular, are incorporating more advanced cybersecurity programs that align with the National Institute of Standards and Technology (NIST) standards.
- The United States lays high emphasis on its aviation sector and invest mainly in research and development of advanced cybersecurity systems. For instance, 2019 President’s Budget includes USD 15 billion of budget authority meant for cybersecurity-related activities along with Airport and Airway Trust Fund having USD 32.4 million of 2019 budget.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Aviation Cyber Security Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Aviation Cyber Security Market (%),2016 - 2026
- Aviation Cyber Security Market Share, By Brand
- Aviation Cyber Security Market Share, By Company
- Aviation Cyber Security Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Aviation Cyber Security Market Value Analysis & Forecast
- Promising Aviation Cyber Security Development by Major Companies
- Detailed Aviation Cyber Security Portfolio of the Major Companies
- Major Deals in the Aviation Cyber Security Market
- Major Companies Analysis

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