Dallas, Texas (PRWEB) February 19, 2015
The aviation industry depends on essential IT infrastructure functioning reliably. While the industry has put in place best practices to protect its IT infrastructure, the threat is ever-evolving. The growing need to improve the quality of cyber protection has resulted in the growth of the Global Aviation Cyber Security Market, which will post a CAGR of 5.94% from 2014-2019. To calculate the market size, the report considers the revenue generated from the following segments of aviation cyber security - Air traffic management (ATM), Airline management, Air cargo management and Airport management.
According to the latest “Global Aviation Cyber Security Market 2015-2019” report, the increased frequency and complexity of cyber-attacks have made it essential for authorities to improve the quality of protection. These security applications provide guidance to help airlines and their partners stay one step ahead of those with intent to do harm through cyber-attacks. The growing number of applications used by the aviation sector in their day-to-day business processes has also increased the complexity of their business operations.
Growing demand for air travel has increased demand for critical network infrastructure ensuring that there will be a substantial investment and allocation of resources towards adopting and maintaining the safety and security of such systems. To reduce the cost of training, especially when it comes to improving the quality of cyber security, organizations are currently outsourcing security responsibilities to skilled security service providers, in order to acquire a better protection.
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The new “Global Aviation Cyber Security Market 2015-2019” report also draws attention towards increasing demand for cloud-based security solutions. As technologies rapidly evolve and become more readily accessible to all, cyber threats cannot be ignored. The aviation security concern has become critical, but the companies are finding it difficult to manage standalone or integrated network components because of budget constraints and a lack of available resources and expertise to address security problems. The organizations are opting for cloud-based IT security solutions that are cost-effective, comply with PCI DSS regulations and offer round-the-clock monitoring of systems.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers: Need to Improve Quality of Cyber Protection
Market Challenges: High Cost of Implementation
Market Trends: Demand for Cloud-based Security Solutions
The report recognizes following key players like BAE Systems PLC, Boeing Co., Booz Allen Hamilton Inc., Airbus Group, Harris and IBM.
While the other report Global Cyber Security Market in the BFSI sector 2015-2019 says the increased use of mobile devices has been one of the major market drivers. The increased use of mobile devices such as tablets and laptops has increased the complexity of identification issues. The increase in the integration of networks with employees' mobile devices has escalated the need for security solutions to prevent misuse of confidential data through fraudulent activities. The introduction of cost-effective cloud-based solutions encourages both large enterprises and SMEs in the BFSI sector to adopt other cyber security solutions. Analysts forecast the Global Cyber Security market in the BFSI sector to grow at a CAGR of 13.14% over the period 2014-2019.
The report recognizes the following companies as the key players in the Global Cyber Security Market in the BFSI sector: BAE Systems plc, Booz Allen Hamilton Inc., Computer Sciences Corp. (CSC), Symantec Corp. and TrendMicro Inc.
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Other Prominent Vendors in the market are: 41st Parameter, Check Point, Crewe Fox, FireEye, IBM, Skybox Security, ThreatMetrix, Verint Systems and WhiteHat Security.
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global Cyber Security Market by Threat Type 2014
Exhibit 3: Target Countries of Cyber-attacks 2014
Exhibit 4: Deployment of Cyber Security Solutions in the BFSI sector
Exhibit 5: Global Cyber Security Market 2014-2019 (US$ billion)
Exhibit 6: Share of the BFSI Sector in the Global Cyber Security Market 2014
Exhibit 7: Share of the BFSI Sector in the Global Cyber Security Market 2014-2019
Exhibit 8: Global Cyber Security Market in the BFSI Sector 2014-2019 (US$ billion)
Exhibit 9: Global Cyber Security Market in the BFSI Sector by Geographical Segmentation 2014
Exhibit 10: Global Cyber Security Market in the BFSI Sector by Geographical Segmentation 2014-2019
Exhibit 11: Global Cyber Security Market in the BFSI Sector by Geographical Segmentation 2014-2019 (US$ billion)
Exhibit 12: Market Attractiveness by Geographical Segmentation
Exhibit 13: List of Major Vendors in Global Cyber Security Market in the BFSI Sector 2014
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