The global aerospace cyber security market is anticipated to grow at a considerable CAGR of 9.7% during the forecast period (2024-2031). The global aerospace cyber security market is witnessing rapid growth due to the escalating reliance on digital technologies and interconnected systems in the aerospace industry that has increased vulnerability to cyber threats. With the proliferation of unmanned aerial vehicles (UAVs), satellites, and advanced aircraft systems, securing critical infrastructure and data has become imperative. Additionally, the increasing frequency and sophistication of cyber attacks targeting aerospace companies, government agencies, and defence organizations have necessitated substantial investments in robust cyber security solutions. Regulatory mandates and industry standards mandating compliance with cyber security protocols have further fueled market expansion. Furthermore, the adoption of cloud computing, Internet of Things (IoT) devices, and artificial intelligence (AI) technologies by aerospace companies has widened the attack surface, driving the demand for enhanced cyber security measures. These factors collectively contribute to the burgeoning growth of the global aerospace cyber security market.
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In June 2023,Dassault Aviation and Dassault Systèmes have unveiled a partnership to enhance aerospace cybersecurity. Utilizing Dassault Systèmes' 3DEXPERIENCE platform on the cloud, Dassault Aviation will develop next-gen fighters, bolstering European autonomy in defense. This collaboration aims to establish a sovereign defense cloud with heightened security. The initiative signifies a pivotal step in aerospace cybersecurity, ensuring secure development and deployment of critical defense systems.
Additionally, in October 2022, BAE Systems plc launched the Viper Memory Loader Verifier II (MLV II), a cybersecurity solution safeguarding F-16 fighter aircraft against cyber threats. MLV II ensures secure software loading onto the jets, protecting against malicious files. With compatibility across F-16 fleets, the system features an open architecture for reduced lifecycle costs. It has undergone extensive testing by the US and numerous allied nations.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o ByType
o By Deployment
o By Application
o By Component
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Airbus Defence and Space Cyber, Cisco Systems Inc., Collins Aerospace (RTX Corporation), Lockheed Martin Corporation, The Raytheon Companyamong others.
Key questions addressed by the report
Global Aerospace Cyber Security Market Report Segment
By Type
By Deployment
By Application
By Component
Global Aerospace Cyber Security Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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