The 2023 report on the “Aviation & Defense Cyber Security Market” presents a thorough and accurate examination of different factors pertaining to business expansion prospects, challenges, risk elements, and trends in all geographical regions. This report delivers current information on the most recent technological developments, along with SWOT and PESTLE analysis, and valuable insights on market size.
Global Aviation & Defence Cyber Security Market has valued at approximately USD $. $ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2022-2028. Aviation network security solutions are software suites designed to protect aeronautical networks, computers, and databases from cyber-attacks and unauthorized access. Technological advancements to support passenger traffic and increasing Cyber-attacks are the reasons behind the growth of the Aviation & Defence Cyber Security Market across the forecast period. For Instance: Between 2019 and 2020, there was a 530% increase in cyber-attacks reported to Euro control, while there were 775 cyberattacks on airlines in 2020 – and just 150 at airports. Moreover, in December 2021, a cyberattack on the Belgium Ministry of Defence forced part of its computer network, including the ministry’s mail system, to shut down for several days. Hackers exploited the Log4j vulnerability to compromise the network is likely to increase the market growth for the Aviation & Defense Cyber Security during the forecast period. However, lack of knowledge and lack of skilled workforce impedes the growth of the market over the forecast period of 2022-2028.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The key regions considered for the global Aviation & Defense Cyber Security Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the most dominant region owing to presence of established market players. Whereas, Latin America is also anticipated to exhibit the highest growth rate the forecast period 2022-2028. Factors such as rapid modernization and up-gradation of search and rescue equipment by governments of various countries in these regions would create lucrative growth prospects for the Aviation & Defense Cyber Security Market across the Latin American region.
Major market players included in this report are:
Honeywell International, INC
Systems, inc.
Thales Group
The Raytheon Company
Harris Corporation
Computer Sciences Corporation
BAE Systems PLC
Sita
IBM
Lockheed Martin Corporation
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Components:
Solution
Service
By Deployment:
On- Cloud
On-Premise
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By Region:
North America
The U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Some of the Key Questions Answered in this Report:
- What are the essential drivers of the world market? How huge will the market and increase price in upcoming years?
- What are the principal market tendencies that affecting the increase of the world market?
- Key vogue elements have an effect on market share in the world’s pinnacle regions?
- Who are the most vital market contributors and what techniques being they pursuing in the international market?
- What are the market possibilities and threats to which gamers are uncovered in the world market?
- Which enterprise trends, drivers and challenges are riding that growth?
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