The global aviation cyber security market is fragmented with the top five companies accounting for 59% of the total market in 2016, states Transparency Market Research (TMR), a market intelligence company in its latest report. The competition level is high in the global aviation cyber security market, especially because of mergers and acquisitions and other collaborative efforts taken up by leading companies. This strategy is also helping the companies to add unique product and service offerings to their portfolio and benefit from expanded consumer base. As per the TMR report, the threat of new entrants is low as it is difficult for new players to enter, especially if they are not big. This is also because bigger players enjoy customer loyalty. Leading players within the market are: Raytheon Company, BAE Systems Inc., Thales SA, and Harris Corp.
Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23966
The global market for aviation cyber security is anticipated to expand at a 7.4% CAGR between 2017 and 2025, reaching an evaluation of US$4,759.3 mn by 2025. On the basis of service, the demand for managed security solutions is currently high and is estimated to account for a whopping 73% of the total market and will exhibit a 7.4% CAGR from 2017 to 2025. However, it is the training service segment that will expand at the fastest pace over the period from 2017 to 2025, by expanding at a 7.9% CAGR.
South America to Emerge as Most Lucrative Regional Market for Aviation Cyber Security
On the basis of geography, the global aviation cyber security market is expected to be led by North America. But, the market will suffer from stagnancy, being a mature market, and therefore no new opportunity is to be expected in the region. On the other hand, the market in South America will emerge as the most promising one and shall expand at a 12.8% CAGR between 2017 and 2025.
Emerging Nations Will Witness High Adoption of Aviation Cyber Security Solutions
As per the lead author of this report, the growing incidences of cyber attacks as well as the increasing complexity of these attacks are driving the demand for aviation cyber security market. An increasing number of aviation companies are investing extensively on the enhancement of their IT infrastructure and this increase in the adoption of commercial aviation services will boost the growth of this market, especially in developing nations in Asia Pacific and South America. The demand for improved aviation cyber security solutions such as risk and compliance management, identity and access management, unified threat management, and vulnerability management for the aviation sector will push the growth of this market. On the other hand, the market is restrained by high cost of deployment of advanced aviation cyber security solutions which is deterring many small scale aviation service providers from adopting them.
This analysis of the global aviation cyber security market is based on a recent market research report published by Transparency Market Research, titled “Aviation Cyber Security Market (Deployment – On-Premise and Hosted; Type – Network Security, Wireless Security, Cloud Security, Content Security, and Application Security; Solution – Data Encryption, Data Loss Prevention, Disaster Recovery Management, Network Firewall, Unified Threat Management, Antivirus/Antimalware, Identity and Access Management, Risk and Compliance Management, Vulnerability Management, Distributed Denial of Service (DDOS) Attack Protection, and Web Filtering; Services – Managed Security Solutions, Training and Consulting) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”
By Deployment
- On-Premises
- Hosted
By Type
- Network Security
- Wireless Security
- Cloud Security
- Content Security
- Application Security
By Solution
- Data Encryption
- Data Loss Prevention
- Disaster Recovery Management
- Network Firewall
- Unified Threat Management
- Antivirus/Antimalware
- Identity Access Management
- Risk and Compliance Management
- Vulnerability Management
- Distributed Denial of Service (DDOS) Attack Protection
- Web Filtering
By Services
- Managed Security Solution
- Training
- Consulting
By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=23966
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Website: https://www.transparencymarketresearch.com
