The Aviation Cyber Security Market is being driven by Adoption of hybrid model in aviation industry
The Aviation Cyber Security Market is expected to grow at a CAGR of 10.85% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 49.4 billion. In the rapidly evolving aviation industry, cloud-based technology has emerged as a game-changer for cyber security solutions. By storing and managing data on remote servers over the internet, cloud computing enables real-time access to critical information such as aircraft schedules, crew data, and passenger information. This technology is increasingly being adopted by the aviation sector to enhance operational efficiency and modernize outdated systems. Cloud-based services are utilized for various applications, including authentication, video management systems, and biometric data storage. However, with the growing reliance on cloud technology comes the need for robust security measures to safeguard sensitive data from unauthorized access. As with other industries handling large volumes of confidential information, such as banking and healthcare, aviation cyber security must prioritize advanced security protocols to ensure the protection of valuable data in the cloud.
Get more information on Aviation Cyber Security Market by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
171 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.85% |
Market growth 2024-2028 |
USD 49.4 billion |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
9.55 |
Key countries |
US, China, Germany, Japan, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The aviation industry's increasing reliance on internet-connected systems for ground and flight operations exposes it to significant cyber vulnerabilities. Airline companies utilize in-flight entertainment, connectivity systems, cabin crew devices, and application airline management for enhanced connectivity, customer service, flight efficiency, and passenger experience. However, these advancements also bring risks of cyber attacks and malicious malware activities. Air travelers' flight tickets, computers, and cyber security software are at risk. New airports and cyber safety depend on stringent cyber security programs, standards, and regulations set by governing authorities.
The aviation sector, encompassing ground and flight operations for airline companies, presents significant cybersecurity challenges due to the increasing use of internet-connected systems for in-flight entertainment, connectivity, cabin crew devices, onboard systems, electronic flight bags, and cargo handling. Cyber vulnerabilities pose a threat to the safety and security of both passengers and commercial aviation assets. The global aerospace and defense industry, which includes aviation, covers capital goods markets for various sectors such as aerospace and defense, building, construction and engineering, electrical equipment, industrial conglomerates, machinery, trading companies, and distributors. Technavio estimates the size of these markets based on the collective revenue generated by manufacturers and providers in these industries, underscoring the importance of robust cybersecurity solutions to mitigate risks in the aviation sector.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted