Aviation
& defense cyber security solutions are software suites designed to defend
aviation computers, networks, databases from cyber-attacks or cyber-crimes
& unauthorized access. The industry relies heavily on information
technology (IT) infrastructure for its ground & flight operations. Its
security directly impacts the operational safety & efficiency of the
industry and indirectly impacts the reputation, service, and financial health.
According
to study, “Global Aviation & Defense Cyber
Security Market Size study, by Component (Solution Type, Security Type and
Aerospace and Defense Cyber Security Service) and by Deployment (On-Premise
Deployment and On-Cloud Deployment) and Regional Forecasts 2018-2025”
the key companies operating in the global aviation & defense cyber security
market are Lockheed Martin Corporation, Northrop Grumman Corporation,
International Business Machines Corporation (IBM), Airbus Defence and Space SA,
General Electric Company, BluVector Inc., General Dynamics Corporation, Palo
Alto Networks, Inc., Rockwell Collins, Inc., root9B Holdings Inc., Unisys
Corporation, The Raytheon Company, Honeywell International, Inc., BAE Systems
PLC, Cisco Systems, Inc., Harris Corporation, SITA, Thales Group, Computer
Sciences Corporation,
Based
on component type, aviation & defense cyber security market is segmented
into security type, solution type and aerospace & defense cyber security
service. Security type segment is further sub-segmented into network security,
application security, endpoint security, wireless security, content security
and cloud security. Solution segment is further sub-segmented into identity
& access management, data loss prevention, risk & compliance
management, next generation firewalls, encryption, Intrusion Detection
System/Intrusion Prevention System (IDS/IPS), unified threat management,
security & vulnerability management, antivirus & anti-malware, Distributed
Denial of Service (DDOS) mitigation, disaster recovery and web filtering.
Additionally, aerospace and defense cyber security segment is further
sub-segmented into consulting, risk & threat assessment, design &
integration, training & education and managed security services. Based on
deployment, market is segmented into on-cloud deployment and on-premise
deployment. On-cloud deployment segment holds major share in market owing to
lower cost, change in industry trends of cyber security services &
solutions, and rise in shift from on-premise deployment to on-cloud deployment.
In addition, based on application, market is segmented into airport management,
air traffic management, airline management, air cargo management and others.
The
aviation & defense cyber security market is driven by rise in use of
internet/websites, followed, growth in demand for technological advancement to
protect & support passenger traffic, increase in user engagement on
internet & websites, increase in severity of cyber-attacks and stringent government
regulations. However, lack of skilled workforce and lack of knowledge may
impact the market. Moreover, rise of 3G & 4G technology, growth in
next-generation cyber security solutions and rise in demand for integrated
security solution are key opportunities for market.
Based
on geography, the North-American regions holds major share in aviation &
defense cyber security market owing to rise in demand for advanced &
efficient cyber security solutions and services in the region. The
Asian-Pacific and European regions are estimated to exhibit higher CAGR due to
rise in cyber-threats and growth of new airline services over the forecast
period. In forthcoming years, it is anticipated that future of the market will
be optimistic due to introduction of many new low cost carrier airline services
during the forecast period. It is predicted that the market will be reached at
US $95.2 billion by 2025.
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Research
Ankur
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