Aerospace Cyber Security Market to Reach $58.8 Billion, Globally, by 2032 at 8.4% CAGR: Allied Market Research
WILMINGTON, Del., Feb. 14, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Aerospace Cyber Security Market by Type (Network Security, Wireless Security, Cloud Security, and Content Security), Deployment (On-Premise and Cloud), Application (Aircraft, Drones, and Satellites), and Component (Services and Solutions): Global Opportunity Analysis and Industry Forecast, 2023–2032". According to the report, the global aerospace cyber security industry size generated $26.3 billion in 2022 and is anticipated to generate $58.8 billion by 2032, witnessing a CAGR of 8.4% from 2023 to 2032.
- This, in turn, could impact the adoption and integration of aerospace cybersecurity products or ability to invest in cybersecurity services.
- Furthermore, in times of conflict, governments might have to redirect their resources to deal with urgent security and humanitarian needs.
- Depending on type, the network security segment held the highest market share in 2022, accounting for more than one-third of the global aerospace cyber security market revenue, and is estimated to maintain its leadership status throughout the forecast period.
- The aerospace cybersecurity market analysis spans over 15 countries, offering a comprehensive breakdown of values ($million) from 2022 to 2032.