Aviation Cyber Security Market To Perceive A Momentous Growth At 7.5% CAGR By 2023
Aviation Cyber Security Market Information Report, By Deployment (On-Cloud and On-Premise), By Application (Airline management, Airport management, Air traffic management and Air cargo management), by Region - Global Forecast to 2023
(EMAILWIRE.COM, February 01, 2018 ) Market Highlights
Airlines rely on their computer systems for both ground and flight operations, which makes cyber-attack a serious threat on the safety of an aircraft. One such system lacking proper security is the Aircraft Communications Addressing and Reporting System (ACARS), through which terrorists can gain access to aircraft's on-board computer system and manipulate steering of the aircraft, in autopilot mode.
With the use of high-end avionics systems on-board the military planes, it becomes extremely crucial for the defense authorities to ensure proper safety of the electronic data of the aircraft. This is where the cyber security solutions and services come into picture. One of the most challenging features of cyber security is the rapidly changing nature of security risks.
The commercial aviation industry is one of the largest industries that deals in the integration of advanced electronics on-board the plane, for enhancing their passenger services. Therefore, the demand for an effective cyber security system to avoid the misuse of the autopilot system and leakage of sensitive customer data or military records, is very high. Moreover, with growing reliance on the electronic technologies in the aviation industry, in order to enhance the passenger experience, has also boosted the demand of aviation cyber security systems.
There were approximately 136 deliveries and 94 backlogs of more electric aircraft (MEA) such as Boeing 787 Dreamliner. Apart from its electronically controlled cockpit, the trend towards in-flight connectivity is apparent in the rapidly growing use of mobile devices such as tablets and smart phones by flight crew and cabin crew, in the 787 aircraft. These systems are potential threats of cyber-attacks and pose serious challenges. Such challenges fuel the demand for the aviation cyber security market.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4634
Key Players
BAE Systems (U.K.),
Cisco Systems, Inc. (U.S.),
IBM (U.S.),
Northrop Grumman (U.S.),
Raytheon (U.S.),
DXC Technology (U.S.),
Airbus (France),
Boeing (U.S.),
Booz Allen Hamilton (U.S.),
Thales Group (France).
This Global aviation cyber security market is expected to grow at 7.5% the CAGR during the forecast period.
Industry/ Innovation/ Related News:
November, 2017:- Astronautics Corporation of America signed a contract with the U.S. Federal Aviation Administration (FAA), to continue its progress in the Aircraft Systems Information Security/Protection (ASISP) program, on the development and validation of the methodologies for avionics cyber security.
June, 2016:- It was reported that according to SITA, 91% of the global airlines have planned to invest extensively on cyber security programs, over the next three years. This would aid the airlines in safeguarding their sensitive data and enhance the flight operational safety
Aviation Cyber Security Market – Competitive Analysis
The major players featuring in the global aviation cyber security market are Cisco Systems, Inc. and International Business Machines Corporation (IBM). Some of the companies adopt inorganic growth strategies, in order to improve their product offerings and strengthen their market positioning. For example, in August 2014, IBM acquired Lighthouse Security Group, a Rhode Island, U.S.-based cloud services provider. This acquisition would help increase the market share of IBM in the cyber security market, and develop new cyber security software and solutions.
Access Report Details @ https://www.marketresearchfuture.com/reports/aviation-cyber-security-market-4634
Aviation Cyber Security Market – Regional Analysis
North America leads in global aerospace expenditure and technological advancements, and thus generates a very high demand for the aviation cyber security systems. Although, Canada makes some investments in the development of such advanced systems, yet the market is primarily dependent on the US.
This is mainly attributable to the large focus of the country on the airline IT front. The sheer presence of IT companies in the U.S. have fueled the market in this region. Moreover, the growth in the usage of in-flight Wi-Fi and social media, have increased the demand for efficient cyber security solutions and services. Concurrently, the steep rise in cybercrime activities in Latin American countries such as Mexico, Chile, Brazil, Panama, Argentina, Venezuela, Peru, and Colombia resulted in compelling the governments of such countries pass legislations that drive the demand of cyber security services and solutions, in the region.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
Airlines rely on their computer systems for both ground and flight operations, which makes cyber-attack a serious threat on the safety of an aircraft. One such system lacking proper security is the Aircraft Communications Addressing and Reporting System (ACARS), through which terrorists can gain access to aircraft's on-board computer system and manipulate steering of the aircraft, in autopilot mode.
With the use of high-end avionics systems on-board the military planes, it becomes extremely crucial for the defense authorities to ensure proper safety of the electronic data of the aircraft. This is where the cyber security solutions and services come into picture. One of the most challenging features of cyber security is the rapidly changing nature of security risks.
The commercial aviation industry is one of the largest industries that deals in the integration of advanced electronics on-board the plane, for enhancing their passenger services. Therefore, the demand for an effective cyber security system to avoid the misuse of the autopilot system and leakage of sensitive customer data or military records, is very high. Moreover, with growing reliance on the electronic technologies in the aviation industry, in order to enhance the passenger experience, has also boosted the demand of aviation cyber security systems.
There were approximately 136 deliveries and 94 backlogs of more electric aircraft (MEA) such as Boeing 787 Dreamliner. Apart from its electronically controlled cockpit, the trend towards in-flight connectivity is apparent in the rapidly growing use of mobile devices such as tablets and smart phones by flight crew and cabin crew, in the 787 aircraft. These systems are potential threats of cyber-attacks and pose serious challenges. Such challenges fuel the demand for the aviation cyber security market.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4634
Key Players
BAE Systems (U.K.),
Cisco Systems, Inc. (U.S.),
IBM (U.S.),
Northrop Grumman (U.S.),
Raytheon (U.S.),
DXC Technology (U.S.),
Airbus (France),
Boeing (U.S.),
Booz Allen Hamilton (U.S.),
Thales Group (France).
This Global aviation cyber security market is expected to grow at 7.5% the CAGR during the forecast period.
Industry/ Innovation/ Related News:
November, 2017:- Astronautics Corporation of America signed a contract with the U.S. Federal Aviation Administration (FAA), to continue its progress in the Aircraft Systems Information Security/Protection (ASISP) program, on the development and validation of the methodologies for avionics cyber security.
June, 2016:- It was reported that according to SITA, 91% of the global airlines have planned to invest extensively on cyber security programs, over the next three years. This would aid the airlines in safeguarding their sensitive data and enhance the flight operational safety
Aviation Cyber Security Market – Competitive Analysis
The major players featuring in the global aviation cyber security market are Cisco Systems, Inc. and International Business Machines Corporation (IBM). Some of the companies adopt inorganic growth strategies, in order to improve their product offerings and strengthen their market positioning. For example, in August 2014, IBM acquired Lighthouse Security Group, a Rhode Island, U.S.-based cloud services provider. This acquisition would help increase the market share of IBM in the cyber security market, and develop new cyber security software and solutions.
Access Report Details @ https://www.marketresearchfuture.com/reports/aviation-cyber-security-market-4634
Aviation Cyber Security Market – Regional Analysis
North America leads in global aerospace expenditure and technological advancements, and thus generates a very high demand for the aviation cyber security systems. Although, Canada makes some investments in the development of such advanced systems, yet the market is primarily dependent on the US.
This is mainly attributable to the large focus of the country on the airline IT front. The sheer presence of IT companies in the U.S. have fueled the market in this region. Moreover, the growth in the usage of in-flight Wi-Fi and social media, have increased the demand for efficient cyber security solutions and services. Concurrently, the steep rise in cybercrime activities in Latin American countries such as Mexico, Chile, Brazil, Panama, Argentina, Venezuela, Peru, and Colombia resulted in compelling the governments of such countries pass legislations that drive the demand of cyber security services and solutions, in the region.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
Contact Information:
Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Marketresearchfuture
Market Research Future
Tel: +1 (646) 845 9349
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results