Contact Us

Aviation and Defense Cyber Security Market to Surge to $161.2 Billion by 2029

21 Jan, 2025

What Has Been The Market Size And Growth In The Aviation And Defense Cyber Security Sector In Recent Years?

The Aviation and Defense Cyber Security Market has experienced dynamic growth in recent years.
• In 2024, the market size was approximately $86.08 billion, which rose to $98.21 billion in 2025, with a strong CAGR of 14.1%.
The surge in the market size is due to increased connectivity, the threat from nation-states, data breaches, regulatory compliance requirements, and overall economic growth.

What Is The Expected Market Size And Growth Rate Of The Aviation And Defense Cyber Security Market?

The aviation and defense cyber security market is projected to skyrocket in the coming years.
• The market size is forecasted to rise to a whopping $161.2 billion in 2029, with a CAGR of 13.2%.
This marked growth is expected due to increasing digitalization, the rise in automation technologies, increasing defense budget, and heightened government support. Key trends driving this extraordinary growth during the forecast period include cloud security, advanced authentication methods, threat detection and hunting, cyber-physical convergence, and quantum-resistant cryptography.

What Are The Driving Factors For The Rapid Growth Of The Aviation And Defense Cyber Security Market?

Rising cybersecurity threats in the aircraft industry are predicted to propel the growth of the aviation and defense cyber security market. The advent of digital, or connected, planes and the implementation of Internet of Things (IoT) in airports introduce new risks and possible cyber-attacks that can be mitigated with cyber security measures. For instance, in February 2023, the Australian Cyber Security Centre reported a 13% increase in the number of cybercrime reports received, totalling 76,000 reports in 2022. Hence, the increasing cyber threats to the aircraft industry are driving the demand growth of the aviation and defense cyber security market.

How Is The Aviation And Defense Cyber Security Market Segmented?

The aviation and defense cyber security market covered in this report is segmented –
1) By Component: Solution, Service
2) By Deployment: On-Cloud, On-Premise

Pre-Book The Aviation and Defense Cyber Security Market Report For Swift Delivery And Comprehensive Insights

What Trends Are Shaping The Future of the Aviation and Defense Cyber Security Market?

Product innovations play a crucial role in shaping the future of the aviation and defense cyber security market. Major companies are focusing on developing advanced products to strengthen their market positions. For instance, in October 2022, UK-based BAE Systems launched the Viper Memory Loader Verifier II (MLV II), an updated version of a maintenance tool that reduces the vulnerability of F-16 aircraft to cyberattacks. This new product version boasts of cyber-hardened aircraft mission capabilities and an open system architecture that lowers lifecycle costs, which includes the ability to load and verify software onto the aircraft, support mission data file loads, flight and fault data downloading, and integration of third-party applications.

Who Are The Major Players In The Aviation And Defense Cyber Security Market?

Major players in the aviation and defense cyber security market include:
• International Business Machines Corporation
• Honeywell International Inc.
• Cisco Systems Inc.
• Thales Group
• Société Internationale de Télécommunications Aéronautiques (SITA)
• Raytheon Technologies Corporation
• BAE Systems plc
• Lockheed Martin Corporation
• L3Harris Technologies Inc.
• Northrop Grumman Corporation

What Is The Leading Region In The Aviation And Defense Cyber Security Market?

North America was the regions with the largest market share in the aviation and defense cyber security segment in 2024. On the other hand, Asia-Pacific is projected to be the fastest-growing region during the forecast period. The regions covered in the aviation and defense cyber security market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.