PUBLISHER: Grand View Research | PRODUCT CODE: 1530170
PUBLISHER: Grand View Research | PRODUCT CODE: 1530170
Aviation Cyber Security Market Trends
The global aviation cyber security market size was valued at USD 9.24 billion in 2023 and is expected to grow at a CAGR of 6.35% from 2024 to 2030. The market is expected to grow significantly over the next decade, driven by technological advancements, increasing cyber threats, and the continuous push for more secure aviation operations. Companies in this sector are investing heavily in research and development to stay ahead of emerging threats and to meet regulatory requirements. The integration of advanced technologies and the development of innovative solutions will be key to the market's growth and effectiveness in safeguarding the aviation industry.
The global increase in air traffic, driven by rising passenger numbers and the expansion of commercial aviation fleets, exposes more systems and data to potential cyber threats. In 2023, European airport passenger traffic surged by 19% from the previous year, reaching nearly 95% of pre-pandemic levels. Europe's airports welcomed 2.3 billion passengers, just 5.3% below 2019 figures. International travel, particularly within the EU+, drove this growth. Smaller and regional airports outperformed, while larger hubs saw a slower recovery, primarily due to the slow return of corporate travel and Asian markets. As airlines and airports expand their operations, they require advanced cybersecurity measures to safeguard their growing digital infrastructure and ensure uninterrupted services. The anticipated growth in global air traffic further underscores the importance of investing in cybersecurity.
The development and deployment of next-generation aircraft, such as the Boeing 787 Dreamliner and Airbus A350, which are highly reliant on interconnected digital systems, amplify the need for robust cybersecurity. These modern aircraft incorporate advanced avionics, in-flight entertainment systems, and connectivity features that are vulnerable to cyber-attacks. Ensuring the cybersecurity of these sophisticated systems is critical for safe and reliable operations.
International regulatory bodies, such as the International Civil Aviation Organization (ICAO), the European Union Aviation Safety Agency (EASA), and the Federal Aviation Administration (FAA), have established stringent cybersecurity standards and guidelines. Compliance with these regulations is mandatory for aviation stakeholders, including airlines, airports, and air traffic management (ATM) providers. These regulations necessitate the adoption of comprehensive cybersecurity measures, thereby driving market growth.
Aviation Cyber Security Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the segments from 2018 to 2030. For this study, Grand View Research has segmented the global aviation cyber security market report based on component, type, deployment, application, and region:
Unified Threat Management (UTM)
IDS/IPS
DLP
IAM
SIEM
DDoS
Risk & Compliance Management
Others
Professional Services
Risk and Threat Assessment
Design, Consulting, and Implementation
Training & Education
Support & Maintenance