Press Release Description

Global Advanced Air Mobility Security Market to Grow at a CAGR of around 12.5% Through 2026

The Global Advanced Air Mobility Security Market is expected to grow at a CAGR of around 12.5% in the forecast period of 2021-26, says MarkNtel Advisors in their research report. The key factor driving the market is the mounting use of Advanced Air Mobility services, such as passenger & cargo transportation, especially across urban areas.

The emergence of transformative airborne technology to transport people & goods in new, community-friendly, and cost-effective aircraft across both rural & urban areas has resulted in the rapid growth of Advanced Air Mobility platforms, such as air taxis, air shuttles, air metro, last-mile delivery, & air ambulance. 

As the use of these platforms rises, the amount of critical data, communication data traffic, etc., also gets produced in vast amounts. It has exposed cyber security risks of data getting compromised. Hence, the need for cybersecurity in Advanced Air Mobility solutions plays a vital role, leading to fuel the market growth, further states the research report, “Global Advanced Air Mobility Security Market Analysis, 2021.”

Passenger Air Mobility Captured the Largest Share of the Global Advanced Air Mobility Security Market

Based on the Air Mobility Type, Passenger Air Mobility held the largest market share in the previous few years. The segment growth attributes to the rapid population growth in the urban areas leading to the mounting traffic congestion levels. Over 50% of the world's population lives in urban areas, and by 2050, it is expected to increase to 68%, cited United Nations.

The growing population is leading to the increasing demand for Advanced Air Mobility globally. However, it involves the risks of cyber breaches and identity theft owing to the large volume of data produced & stored on servers & cloud platforms during the process, which might hinder the market growth across Passenger Air Mobility in the coming years.

“Global Advanced Air Mobility Security Market Analysis, 2021” highlights insights on the market potential & opportunities, along with business strategies to enhance the overall market growth. The report offers an overview of leading market players and their recent developments. Moreover, the report provides incredible market opportunities & emerging trends to help stakeholders make appropriate decisions before investing.

North America Acquired the Largest Share in the Global Advanced Air Mobility Security Market

Geographically, North America attained the largest share of the Global Advanced Air Mobility Security Market in the previous few years. The market growth attributes to the rapid adoption of advanced technologies & escalating traffic congestions in the region. 

Amongst all countries, the US grabs the maximum regional market share, mainly due to the large volume of data stored on the cloud or other platforms exposed to cyberattacks. Additionally, the increasing adoption of eVTOL aircraft in the country is also expected to boost the US market and, in turn, North America.

According to MarkNtel Advisors, the leading industry players in the Global Advanced Air Mobility Security Market are Hackerone, IBM, McAfee, Fortinet, KnowBe4, Microsoft, Sophos, Imperva, Splunk, and Netsparker.

Key Questions Answered in the Study

  1. What are the current & future trends in the Global Advanced Air Mobility Security Market?
  2. How has the industry been evolving in terms of geography & service adoption?
  3. How has the competition been shaping across the globe, followed by their comparative factorial indexing?
  4. What are the key growth drivers & challenges for the Global Advanced Air Mobility Security market?
  5. What are the customer orientation, purchase behavior, and expectations from the Advanced Air Mobility Security providers across the globe?

Market Segmentation:

  1. By Air Mobility Type (Passenger Air Mobility, Cargo Air Mobility)
  2. By Tools (Preventive Maintenance, Predictive Maintenance, Diagnostic Maintenance)
  3. By Security Type (Software {Firewalls, Data Security, E-mail security, End-Point Security, Web Security, Identity Access Management, Vulnerability Management}, Hardware)
  4. By Data Storage (Cloud Based, Local/Web-Based)
  5. By End Users (E-Commerce, Defense, Agriculture, Healthcare)
  6. By Region (North America, South America, Europe, Middle East & Africa, Asia Pacific)
  7. By Country (The US, Canada, Mexico, Brazil, The UK, Germany, France, Spain, UAE, China, India, Japan, South Korea)
  8. By Company (Hackerone, IBM, McAfee, Fortinet, KnowBe4, Microsoft, Sophos, Imperva, Splunk, Netsparker)