Global Cybersecurity for Connected Aircraft Market Overview:
As modern aircraft become progressively connected, they become more vulnerable to cyber-attacks. The modern, e-enabled aircraft are available with advanced Ethernet and can-based system architectures that drive business but subject airlines and passengers to cyber risks. The key element to increase the safety of aviation, are highly advanced onboard information technology (IT) systems, and also a cause for concern as the systems pose the potential for creating a cybersecurity threat which could harm the safety of flight. The aviation industry worldwide is benefitting vastly from new levels of digitization and connectivity and is also concerning threats. Connectivity of aircraft systems, with traditional information technologies, aviation-specific protocols and RF communications, have continued the attack surface to the aircraft, whether on the ground or in flight.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 20 |
Forecast Period | 2023-2028 |
Historical Period | 2018-20 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increased Digitization of Air-Traffic Management (ATM) and Information Systems and Technological Developments Required to Support Passenger Traffic
Market Growth Drivers:
Rising Concerns Regarding Cyber Attacks and Stringent Government Regulations
Challenges:
Lack of Budget and Collaboration with Shareholders
Restraints:
Presence of Alternative with Some Advantages
Opportunities:
The number of data communication associations and interactions between an aircraft and the ground systems supporting it are constantly increasing. The use of 5G networks is estimated to grow across the aviation sector.and is estimated to reach approx. USD 500 million. But, 5G has several cybersecurity challenges, with the European NIS Cooperation group asserting, 5G will increase the overall attack surface and the number of potential entry points for attackers.
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Argus Cyber Security Ltd (Israel), Honeywell Aerospace (United States), SITA (Switzerland), Intelligent CIO (United Kingdom), Airbus Group Inc. (United States), Collins Aerospace (United States), Boeing Company (United States), CISCO Systems Inc. (United States), DXC Technology (United States), Harris Corporation (United States) and IBM Corporation (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Cybersecurity for Connected Aircraft market by 2028. Considering Market by Deployment Mode, the sub-segment i.e. On-Premises will boost the Cybersecurity for Connected Aircraft market. Considering Market by Components, the sub-segment i.e. Software will boost the Cybersecurity for Connected Aircraft market. Considering Market by Connectivity, the sub-segment i.e. Inflight Connectivity will boost the Cybersecurity for Connected Aircraft market.
Latest Market Insights:
On January 17, 2023, Boeing and Safran announced a joint venture to provide cybersecurity services for connected aircraft. The news release stated that the joint venture, to be called Secure Airspace Alliance, will "provide a comprehensive suite of cybersecurity solutions for connected aircraft, encompassing threat intelligence, vulnerability management, incident response, and secure connectivity." The joint venture is expected to be operational in the second half of 2023.
In October 2023, Lockheed Martin's Cyber Sentinel is a cybersecurity suite that provides protection for all aspects of the connected aircraft, including the airframe, engine, and avionics systems.
PrEN 16495 Air Traffic Management: This European Standard defines guidelines and general principles for the implementation of an information security management system in organizations supporting civil aviation operations. Aviation organizations should consider the security measures listed in this European Standard in addition to the objectives and measures of ISO/IEC 27002.
What Can be Explored with the Cybersecurity for Connected Aircraft Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cybersecurity for Connected Aircraft Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cybersecurity for Connected Aircraft
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cybersecurity for Connected Aircraft market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cybersecurity for Connected Aircraft market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Aircraft Manufacturers, Software Developers, Airline Companies, Government Agencies, Investors and Financial Community Professionals and Research Organizations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.