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Airline Cyber Security Market Trends

Report ID: GMI10185
Published Date: Jul 2024
Report Format: PDF

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Airline Cyber Security Market Trends

The market is witnessing growth such as increasing adoption of AI and machine learning technologies to enhance threat detection and response capabilities. Airlines are leveraging AI algorithms to analyze vast amounts of data in real-time, helping them to identify potential security breaches and anomalies faster than traditional methods. This proactive approach enables airlines to strengthen their defenses against evolving cyber threats more effectively.

For instance, in April 2024, Porter Airlines embarked on a strategic collaboration with CrowdStrike, leveraging cutting-edge AI technologies to fortify its cyber security defenses. This initiative integrated CrowdStrike's AI-powered Falcon XDR platform, which unified endpoint detection and response (EDR) and managed detection and response (MDR) capabilities. By harnessing AI, Porter aimed to proactively detect and neutralize cyber threats, enhancing resilience against sophisticated attacks while optimizing operational efficiency and maintaining high standards of passenger data security and operational integrity.

Furthermore, the growing focus on cloud-native security solutions enables airlines to secure their expanding digital footprints across cloud environments with greater agility and scalability.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for airline cyber security was USD 9.7 billion in 2023 and is expected to register 7% CAGR from 2024-2032 owing to the necessity for compliance with increasingly stringent regulatory requirements worldwide.

Airline cyber security industry from the solutions segment held 64% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to a constant increase in demand for integrated security platforms and airlines favoring comprehensive solutions.

North America industry held 34% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the presence of some of the world's largest and most advanced airlines and aerospace companies in the region.

Airbus Cyber security, BAE Systems, Cisco, Honeywell International, IBM, Symantec Corporation (now part of Broadcom), and Thales Group, are some of the major airline cyber security companies worldwide.