04 February 2020
Visiongain has published a new Aviation report entitled, Aviation Cyber Security Market Forecast 2020-2030.
The Aviation Cyber Security market is estimated to witness a Compound Annual Growth Rate of 6.9 per cent from 2020 to 2030.
Several factors are having a profound, driving effect on the industry, particularly the integration of emerging technologies to improve flight operations and the high threat posed by foreign hackers, terrorist organisations, and organised criminals.
Visiongain anticipates that global investment and consolidation will be moderate and stable over the next decade. The market’s good health is due to the factors listed above, as well as the presence of many established companies.
The leading players currently supplying cybersecurity solutions to the aviation industry include Airbus SE, Amadeus IT Holding SA, Boeing Company, CISCO Systems, DXC Technology, Honeywell International, IBM Corporation, Indra Sistemas SA, Intel Corporation, and L3Harris Technologies.
The senior Aviation Analyst said: "The Global Aviation Cyber Security market is expected to generate sales of three-billion-dollars in 2020.
"Generally speaking, the term ‘aviation cybersecurity’ can be defined as all products, solutions, and policies that are designed protect the assets – both physical and non-physical – of a flight organisation from unauthorised online access.
"Cybersecurity services should aim to guard critical infrastructure, flying apparatus, and other air traffic equipment against malicious attacks which have the potential to harm or disrupt the safety and efficiency of aviation activities.
"Visiongain forecasts that over the next decade, the Aviation Cyber Security market will experience a rise in expenditure. This will be due to the adaptation of developing technologies to improve flight operations and customer management; an ever-changing field of cyberattacks from an array of state-sponsored criminals and hacktivists; the soaring growth in air transport, chiefly in emerging economies; and stringent directives aimed at improving and harmonising cybersecurity in the aviation sector.
"Having said this, there are one or two threats to the future success of the Aviation Cyber Security industry. The most challenging issues surround financial constraints, qualified personnel, and the expansion of network access points.
"In conclusion, by 2030, the Aviation Cyber Security market will have surpassed the five billion-dollar mark, achieving a total sales figure of USD 5.87 billion."
Note for Editors
If you are interested in a more detailed overview of this report, please send an email to email@example.com or call her on +44 (0) 207 336 6100.
Visiongain is a leading business intelligence provider, publishing market reports for the automotive, aviation, chemicals, construction, cyber, defence, electronics, energy, food & drink, IT, maritime, materials, packaging, pharmaceutical, renewable energy, telecoms and utilities sectors.
We are one of the fastest growing and most innovative independent research companies in Europe. Based in London, UK, Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional who needs independent, high-quality, original material to rely and depend on.
Considering the pattern of industry in the space launch services market, Visiongain has studied the market on the basis of Launch vehicle type based on small vehicle and heavy vehicle segments. Small vehicle segment remains the highest revenue generating segment in the launch vehicle category
14 September 2020
Aerospace filters are one of the promising markets and investors should be mindful that the future belongs to broad aviation’s, drones and planes, whether they are manned or unmanaged. In addition, the market for filters in this industry is anticipated to increase with the increasing number of these craft.
14 September 2020
The baggage handling system market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of baggage handling system.
09 September 2020
The increase in the necessity of data security in military & defence sector has increased the growth of the fibre optic market as stringent requirements of secure information transfer are prevalent.