The report, now available on ASDReports, recognizes the following companies as the key players in the global aviation cyber security market: BAE Systems, Cisco Systems, IBM, Northrop Grumman, and Raytheon.
Other Prominent Vendors in the market are: Airbus, Boeing, Booz Allen Hamilton, CSC, Fortinet, General Dynamics, and Thales.
Commenting on the report, an analyst said: “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.”
According to the report, 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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: May 27, 2016