The report forecasts the global aviation cyber security market to grow at a CAGR of 9.24% during the period 2016-2020.
The introduction of new technologies without robust cyber security measures presents a risk to the aviation industry. The risk is due to the cyber threats that are likely to increase during the forecast period. The aviation industry stakeholders such as cargo firms, airports, and airlines must recognize the risks to their networks and control systems from cyber threats.
One trend that is expected to boost market growth is the emergence of integrated security solutions. End-users prefer integrated and converged security solutions as opting for various stand-alone security solutions may lead to integration issues. Integrated security solutions provided by vendors will provide better support and functionalities to customers. SDI's (an IT and security solutions provider) integrated video and information systems network for airports and airlines is an example for such integrated solutions. Integrated security solutions help maximize the security and operational performance of airports.
A key growth driver is the rising number of DDoS attacks. Hackers are now focusing targeting network layers rather than application layers for cyberattacks. DDoS is a type of denial of service attack where a large number of infected machines are ordered to access a particular website. With millions of computers trying to access the same website, it eventually becomes unable to handle the traffic and crashes down. This will lead to financial losses, and the reputation of the company will be at stake.
Further, the report states that one challenge that could stunt market growth is compatibility issues. Vendors provide stand-alone or customized solutions which could be incompatible with existing infrastructure.
- BAE Systems
- Cisco Systems
- Northrop Grumman
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Industry overview
PART 06: Role of cyber security in aviation sector
PART 07: Cyber threats in aviation sector
PART 08: Recent developments in aviation sector
PART 09: Market size and forecast
PART 10: Market segmentation by application
PART 11: Geographical segmentation
PART 12: Market drivers
PART 13: Impact of drivers
PART 14: Market challenges
PART 15: Impact of drivers and challenges
PART 16: Market trends
PART 17: Impact of trends
PART 18: Five forces analysis
PART 19: Vendor landscape
PART 20: Competitive landscape
PART 21: Key vendor profiles
PART 22: Case study
For more information visit http://www.researchandmarkets.com/research/2376wt/global_aviation
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-aviation-cyber-security-market-2016-2020---emergence-of-integrated-security-solutions---research-and-markets-300278787.html
SOURCE Research and Markets