Market Share of Aviation Cyber Security Industry
The competitive rivalry in the market is high among the dominant marketplayers, such asCisco SystemsInc. and Thales Group, among others. There are significant R&D spending being done by the market vendors to improve the offering on a continuous basis. Version upgrades with enhanced capabilities differentiate the market offerings. The market is experiencing collaborations,mergers, and acquisitions to enable stronger technical capabilities and wider applications.
- In April2019 -Thales Group acquired a software security company, Gemalto, for USD 5.4 billion. It plans to create a new divisionto be named as digital identity and security, for redefiningits divisions as aerospace,space,ground transportation,defense and security,and digital identity and security.
- In October2018 - Cisco acquired Duo Security to integrate itsnetworks, devices, and cloud security platforms.Duo's zero-trust authentication and access products have helped the company to let its customerssecurely connect users to any application on any networked device.
Aviation Cyber Security Market Leaders
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Cisco Sytems Inc.
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Thales Group
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The Raytheon Company
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Lockheed Martin Corporation
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Collins Aerospace
*Disclaimer: Major Players sorted in no particular order
