Aerospace Cyber Security Market Growth, Size, Trends, Share, Revenue, Scope and Future Outlook
Aerospace Cyber Security Market Size- By Type, By Deployment, By Application, By Component- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: IACT2474 | Pages: 1 - 215 | Formats*: |
| Category : Information & Communications Technology | |||
Aerospace Cyber Security Market Introduction and Overview
According to SPER Market Research, the Global Aerospace Cyber Security Market is estimated to reach USD 63.97 billion by 2033 with a CAGR of 8.61%.
The report includes an in-depth analysis of the Global Aerospace Cyber Security Market, including market size and trends, product mix, applications, and supplier analysis. Aerospace cyber security solutions are essentially intricate frameworks designed to ensure the availability, integrity, and confidentiality of sensitive data while safeguarding critical aerospace networks, systems, and data against assaults. These solutions encompass a wide range of instruments, practices, and guidelines that work in concert to establish a defense-in-depth strategy against cyber-attacks targeting aerospace infrastructure. Aerospace cyber security solutions must include advanced threat detection and prevention systems, encryption protocols, secure communication frameworks, and proactive risk management strategies. As digital technologies become more widely utilized in aircraft systems, cyber security solutions become increasingly important in mitigating possible vulnerabilities that malicious actors can exploit.
- January 2023: The Space Attack Research and Tactic Analysis (SPARTA) framework was developed by The Aerospace Corporation in January 2023 to identify the specific threats that hackers may pose to space systems.
- July 2023: Honeywell International announced in July 2023 that it would be acquiring SCADAfence, a well-known supplier of cyber security solutions for Internet of Things (IoT) and operational technology (OT) in wide-net monitoring.
Market Opportunities and Challenges
The aerospace cyber security industry is growing at an accelerating rate as more airports across the globe prioritize infrastructure upgrades to provide a better passenger experience. When it comes to increasing the use of automation throughout the whole airport operation, cyber security is vital. As companies communicate real-time information on flight plans and coordination, they are quickly understanding how important security is. In light of the substantial financial consequences of service disruptions following successful cyber attacks, it is crucial to guarantee secure systems and infrastructure. Demand will be rising as more and more players in the aerospace sector are expressing a willingness to look into any security gaps and fix related vulnerabilities.
Complicated Supply Chain: A complicated web of vendors, collaborators, and contractors supports the aerospace sector. It can be difficult to manage the cyber security threats throughout this broad supply chain since flaws in one system or component might have an impact on the aerospace infrastructure's overall security. Lack of Awareness: Some parties involved in the aerospace sector, especially suppliers and smaller companies, might not be fully aware of the significance of cyber security. This may prevent the implementation of strong security measures and increase their vulnerability to online attacks.
Market Competitive Landscape
Aerospace cyber security experts, technology suppliers, consulting organizations, and defense contractors are important industry participants. Market participants concentrate on innovation, strategic alliances, mergers and acquisitions, and diversifying their service offerings in order to get a competitive edge. Key players are Astronautics Corporation of America, BAE Systems, DXC Technology Company, EUROCONTROL, Honeywell Internatioal,Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales Group, The Aerospace Corporation.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Deployment, By Application, By Component |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Astronautics Corporation of America, BAE Systems, DXC Technology Company, EUROCONTROL, Honeywell Internatioal,Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales Group, The Aerospace Corporation. |
COVID-19 Impact on Global Aerospace Cyber Security Market
The COVID-19 epidemic hastened the development and use of cyber security services in response to the evolving requirements of missions involving monitoring and control. Aerospace cyber security is going to be crucial because of how quickly threats are multiplying. Cybercriminals and rogue governments target this rapidly digitizing world due to its proliferation of channels. The development and deployment of cyber security services by governments to meet the evolving demands of surveillance and control missions has been expedited by the proliferation of COVID-19. Aerospace cyber security will be crucial because of the industry's rapid digitalization across a variety of channels, which makes it a target for rogue governments and cybercriminals. The number of threats to aerospace cyber security is also rapidly increasing.
Key Target Audience
- Aerospace Companies
- Government and Military Organizations
- Airlines and Aviation Service Providers
- Satellite Operators
- Aerospace Component Suppliers
- Cyber Security Firms
- Regulatory Bodies and Standards Organizations
- Research Institutions and Academia
Our in-depth analysis of the Aerospace Cyber Security Market includes the following segments:
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Key Topics Covered in the Report
- Global Aerospace Cyber Security Market Size (FY’2024-FY’2033)
- Overview of Global Aerospace Cyber Security Market
- Segmentation of Global Aerospace Cyber Security Market By Type (Network Security, Wireless Security, Cloud Security, Content Security).
- Segmentation of Global Aerospace Cyber Security Market By Deployment (On-Premises, Cloud).
- Segmentation of Global Aerospace Cyber Security Market By Application (Aircraft, Drones, Satellite.).
- Segmentation of Global Aerospace Cyber Security Market By Component (Services, Solutions)
- Statistical Snap of Global Aerospace Cyber Security Market
- Expansion Analysis of Global Aerospace Cyber Security Market
- Problems and Obstacles in Global Aerospace Cyber Security Market
- Competitive Landscape in the Global Aerospace Cyber Security Market
- Impact of COVID-19 and Demonetization on Global Aerospace Cyber Security Market
- Details on Current Investment in Global Aerospace Cyber Security Market
- Competitive Analysis of Global Aerospace Cyber Security Market
- Prominent Players in the Global Aerospace Cyber Security Market
- SWOT Analysis of Global Aerospace Cyber Security Market
- Global Aerospace Cyber Security Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Aerospace Cyber Security Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Aerospace Cyber Security Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aerospace Cyber Security Market
7. Global Aerospace Cyber Security Market, By Type (USD Million) 2020-2033
7.1. Global Aerospace Cyber Security Market Size, Share and Forecast, By Type, 2020-20267.2. Global Aerospace Cyber Security Market Size, Share and Forecast, By Type, 2027-20337.3. Network Security7.4. Wireless Security7.5. Cloud Security7.6. Content Security
8. Global Aerospace Cyber Security Market, By Deployment(USD Million) 2020-2033
8.1. Global Aerospace Cyber Security Market Size, Share and Forecast, By Deployment, 2020-20268.2. Global Aerospace Cyber Security Market Size, Share and Forecast, By Deployment, 2027-20338.3. On-Premises8.4. Cloud
9. Global Aerospace Cyber Security Market, By Application (USD Million) 2020-2033
9.1. Global Aerospace Cyber Security Market Size, Share and Forecast, By Application, 2020-20269.2. Global Aerospace Cyber Security Market Size, Share and Forecast, By Application, 2027-20339.3. Aircraft9.4. Drones9.5. Satellite
10. Global Aerospace Cyber Security Market, By Component (USD Million) 2020-2033
10.1. Global Aerospace Cyber Security Market Size, Share and Forecast, By Component, 2020-202610.2. Global Aerospace Cyber Security Market Size, Share and Forecast, By Component, 2027-203310.3. Services10.4. Solutions
11. Global Aerospace Cyber Security Market Forecast, 2020-2033 (USD Million)
11.1. Global Aerospace Cyber Security Market Size and Market Share
12. Global Aerospace Cyber Security Market, By Region, 2020-2033 (USD Million)
12.1. Global Aerospace Cyber Security Market Size and Market Share By Region (2020-2026)12.2. Global Aerospace Cyber Security Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific12.3.1. Australia12.3.2. China12.3.3. India12.3.4. Japan12.3.5. South Korea12.3.6. Rest of Asia-Pacific12.4. Europe12.4.1. France12.4.2. Germany12.4.3. Italy12.4.4. Spain12.4.5. United Kingdom12.4.6. Rest of Europe12.5. Middle East and Africa12.5.1. Kingdom of Saudi Arabia12.5.2. United Arab Emirates12.5.3. Qatar12.5.4. South Africa12.5.5. Egypt12.5.6. Morocco12.5.7. Nigeria12.5.8. Rest of Middle-East and Africa12.6. North America12.6.1. Canada12.6.2. Mexico12.6.3. United States12.7. Latin America12.7.1. Argentina12.7.2. Brazil12.7.3. Rest of Latin America
13. Company Profile
13.1. Astronautics Corporation of America13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. BAE systems13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. DXC Technologies13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. EUROCONTROL13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Honeywell International Inc.13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Lockheed Martin Corporation13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Northrop Grumman Corporation13..1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Raytheon Technologies Corporation13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Thales Group13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. The Aerospace Corporation13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Aerospace Cyber Security Market is projected to reach USD 63.97 billion by 2033, growing at a CAGR of 8.61% during the forecast period.
Aerospace Cyber Security Market grew in Market size from 2022. The Market is expected to reach USD 63.97 billion by 2033, at a CAGR of 8.61% during the forecast period.
Aerospace Cyber Security Market CAGR of 8.61% during the forecast period.
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Aerospace Cyber Security Market size is USD 63.97 billion from 2024 to 2033.
Aerospace Cyber Security Market Segment is covered By Type, By Deployment, By Application, By Component.
The North America is anticipated to have the highest Market share in the Aerospace Cyber Security Market.
The key players in the Market include Companies Covered Astronautics Corporation of America, BAE Systems, DXC Technology Company, EUROCONTROL, Honeywell Internatioal,Inc., Lockheed Martin Corporation, Northrop Grumman Corporation.
These solutions encompass a wide range of instruments, practices, and guidelines that work in concert to establish a defense-in-depth strategy against cyber-attacks targeting aerospace infrastructure.
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