Techno World Aviation-Cyber-Security-Market | Page 2

The managed security held the dominating position in 2016 and is projected to retain its
dominance throughout the forecast period. The increasing adoption of management solutions
and outsource monitoring have provided the dominating position to the managed security.
Moreover, the training service is expected to grow with the largest CAGR over the forecast
period.
The airline management application held the dominating position in 2016 and is projected to
retain its dominance throughout the forecast period. Due to improvement in customer services,
financial results and lift operational efficiency have provided the dominant position to airline
management in aviation cyber security management market.
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North America holds the largest market share in the global aviation cyber security
market
On the basis of geography, the global aviation cyber security market is segmented into North
America, Europe, Asia Pacific, Latin America, Africa, and Middle East. North America accounts for
largest market share in the global aviation cyber security market and is projected to retain its
dominance throughout the forecast period. The U.S and Canada are some of the major countries
that fuels the market of aviation cyber security in North America region. The increasing demand
for technically advance cyber security solutions and dominance of digitalization have provided
the dominating position to the North America region. In addition, owing to highly presence of IT
companies in the U.S. have fuels the market in this region.
Key players in the Global Aviation Cyber Security Market
Some of the major players operating in the global aviation cyber security market are Rockwell
Collins, Inc., Raytheon Company, Palo Alto Networks, Inc., Harris Corporation, General Electric
Company, General Dynamics Corporation, Computer Sciences Corporation, BluVector Inc., BAE
Systems, Inc., and Airbus Defence, and Space SA. The new product launch is one of the major
strategy adopted by the market players for example: In June 2017, Rockwell Collins have
officially announced that they have launched an ARINC PaxLink, a Passenger Service System for
airlines.
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