The Global Aviation & Defense Cyber Security Market is projected to reach a value of over USD 93.6 billion by 2027 at a CAGR of around 9.2%.
Cybersecurity is a process to protect the system, network, and program form cyberattack & threats of the market. The technology and cyber system have become one of the essential parts of the environment. These will lead to enhance performance and security for the aircraft. Moreover, it can also consider as a process and technology that come together to protect the aircraft industries. Furthermore, the aircraft industries are heavily relying on information technology for ground and flight operations.
Market Driver:
Rising cyber-attack in the aircraft industry will be lead to an increase the demand for cybersecurity for defense and aviation industries. Moreover, the radar-based system is projected with the global positioning system which will increase the chances of cyber threats. Also, a risk management system is required to safeguard the airlines from the cyberattack and provides smooth operational functioning of the system. To overcome security threats, cybersecurity helps to enhance the monitoring of the system and for the security of data. Moreover, security directly impact on the operational safety as well as the efficiency of the industry and indirectly impact on the reputation, service, and financial health.
Hence, cyber-attack in the aircraft industry which will lead to rising demand for the aviation and defense cybersecurity market in the forecast period.
Increasing stringent government rule and regulations are excepted to secure and protect the sensitive data which can drive the aviation and defense cybersecurity market. The digital platform and monitoring the internet performance help to detect the issues and cyber threat of an aircraft. Furthermore, state governments are also improving cybersecurity by increasing public visibility of firms.
Therefore, the stringent government rule and regulations are expected to drive the aviation and defense cybersecurity market during the forecast period
Market Challenges:
With new emerging technology a major limiting factor is the lack of human expertise for data privacy and security. Also, there is a limited number of skilled professionals in the IT sector. The expertise is a facing challenge to adopt the new technologies along with the capability of the expertise. Moreover, globally the industries are improving the specialist security expertise and focusing on security investments to improve the security of the aircraft industries.
Therefore, lack of IT expertise will lead to being a challenging factor for the growth of the aviation and defense cybersecurity market in the forecast period.
The report on the aviation & defense cybersecurity market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Deployment Type, Component, Solution, Services, Types, End-user, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Aviation & Defense Cyber Security Market, by Deployment Mode
Aviation & Defense Cyber Security Market, by Components
Aviation & Defense Cyber Security Market, by Solution
Aviation & Defense Cyber Security Market, by Services
Aviation & Defense Cyber Security Market, by Types
Aviation & Defense Cyber Security Market, by End-User
Aviation & Defense Cyber Security Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE AVIATION & DEFENSE CYBER SECURITY MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY