London, 13 February 2015 – 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 percent from 2014-2019, says research firm TechNavio.
About the Report
According to the latest report by TechNavio, the increased frequency and complexity of cyber-attacks has made it essential for authorities to improve the quality of protection. 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.
“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,” says Faisal Ghaus, Vice President of TechNavio.
The new TechNavio report also draws attention towards increasing demand for cloud-based security solutions. 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.
“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
- For a full detailed list, view our report.
Market Challenges:
- High Cost of Implementation
- For a full detailed list, view our report.
Market Trends:
- Demand for Cloud-based Security Solutions
- For a full detailed list, view our report.
Key Vendors:
- BAE Systems plc
- Boeing Co.
- Booz Allen Hamilton Inc.
Other Prominent Vendors:
- Airbus Group
- Harris
- IBM
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
