Market Research Report

Global Advanced Air Mobility Security Market Research Report: Forecast (2021-2026)

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

  • Aerospace & Defense
  • Dec 2021
  • 243
  • AD22011

Advanced Air Mobility refers to adopting hybrid & electric aircraft to move people & cargo in urban, suburban & rural areas. It is a transformative & disruptive airborne technology that helps transport people & things to locations, which are traditionally not served by current air transportation modes. Sometimes, Advanced Air Mobility is also known as Urban Air Mobility (UAM). However, Urban Air Mobility (UAM) is a subset of Advanced Air Mobility (AAM) that focuses more on the specific routes taking place within & around city centers.

The “Global Advanced Air Mobility Security Market” is anticipated to grow at a CAGR of around 12.5% during the forecast period, i.e., 2021 26, says MarkNtel Advisors. The market growth primarily attributes to the expansive amounts of data produced with the increasing use of Advanced Air Mobility services, such as passenger & cargo transportation, in urban mobility. Cybersecurity is emerging as one of the main focus areas of Advance Air Mobility traffic management.

As the cyber threat landscape changes every day, the need for raising awareness regarding cybersecurity & cyber threat mitigation is mounting among emerging Advance Air Mobility environments. In addition to this, to boost the Advance Air Mobility demand, an assurance about cybersecurity is critical for public acceptance. Hence, the factors cited above lead to fuel the overall market growth in the coming years, further states the research report, “Global Advanced Air Mobility Security Market Analysis, 2021.”

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR(2021-26) 12.5%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain
Asia-Pacific: China, India, Japan, South Korea
South America: Brazil
Middle East & Africa: UAE, Saudi Arabia, South Africa
Key Companies Profiled Hackerone, IBM, McAfee, Fortinet, KnowBe4, Microsoft, Sophos, Imperva, Splunk, Netsparker
Unit Denominations USD Million/Billion

 

The Impact of COVID-19 outbreak on the Global Advanced Air Mobility Security Market

Last year, the COVID-19 pandemic grounded most international & interstate air travel. Due to the pandemic, the Advanced Air Mobility Security Market's supply chain got severely impacted. The spread of the virus across several countries of the world negatively affected the R&D facilities of Advanced Air Mobility vehicles & the market witnessed a slowdown.

For instance, Airbus’ Urban Air Mobility (UAM) operations company, Voom, ceased its operations at the end of March 2020 and cited the COVID-19 pandemic as the primary cause of the closure. Apart from this, Uber offloaded its air taxi enterprise, Elevate, to Joby Aviation in December 2020. The COVID-19 pandemic prompted the company to dump its project, said Uber.

However, despite this, some Advance Air Mobility companies have claimed that they provide a unique benefit to society at a time of global uncertainty. Therefore, this trend in the aviation industry will continue to rise & lead the market to witness significant growth in the coming years.


Global Advanced Air Mobility Security Market Research Report: Forecast (2021-2026)

Market Segmentation:

By Air Mobility Type:

  • Passenger Air Mobility
  • Cargo Air Mobility

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

Passenger Air Mobility accounted for the largest share of the Global Advanced Air Mobility Security Market in the previous few years and is expected to maintain its leading position during the forecast period. It owes prominently to the mounting traffic congestions, especially in large metropolitan cities like Moscow, Mumbai, Bogota, Manila, Istanbul, Bengaluru, New Delhi, etc., infusing the need for faster inter-city & intra-city transport modes. In this regard, the Advanced Air Mobility concept has gained significant attention globally. 

However, various risks of cyber breaches, vulnerable threat detection, and identity theft have also emerged as major challenges to Passenger Air Mobility due to the extensive data churned out & stored on On-Premise servers & cloud platforms during the process.

By End-User:

  • E-Commerce
  • Defense
  • Agriculture
  • Healthcare

Defense Sector Captured a Sizeable Share of the Global Advanced Air Mobility Security Market

The growth of the Defense sector attributes to the possession of vast amounts of critical data stored in raw form, coupled with rapid technological advancements in eVTOLs. The defense sector experienced a much higher degree of cybersecurity attacks & breaches than any other sector. Hence, security risks associated with data compromising have been prevented mainly by implementing multiple layers of cybersecurity measures to reduce the amount of data loss in case of a breach.

On the other hand, the application of Advanced Air Mobility systems in the E-Commerce industry has been gaining immense popularity at a phenomenal rate globally. For instance: In May 2019, DHL Express & EHang entered into a strategic partnership to launch an intelligent & fully automated smart drone delivery solution in urban areas of China.

Regional Landscape:

  • North America
  • South America
  • Asia Pacific
  • Europe
  • Middle East & Africa

North America Dominated the Global Advanced Air Mobility Security Market with the Largest Share

North America dominated the Global Advanced Air Mobility Security Market. In the region, the US captured a lion’s market share due to humongous data availability and robust data traffic, leading to the exposure of a large volume of data.

The country has been at the forefront due to the integration of air mobility solutions with advanced technologies, support from the Federal Aviation Authority (FAA), rising number of startups providing innovative & technologically-driven air mobility services, and early adoption of Advanced Air Mobility systems for cargo & passenger transportation.

In April 2019, the Federal Aviation Administration (FAA) approved Wing (Alphabet-owned startup) to make commercial deliveries through drones in the US. The approval has facilitated Wing in making drone-based deliveries in Virginia.

Market Dynamics:

Key Drivers

Rising Applications of Air Mobility Services in Urban Areas to Favor the Market Growth

According to the United Nations data set, currently, more than 50% of the world’s population lives in urban areas & is expected to increase to 68% by 2050. Projections show the overall growth of the world’s population could add around 2.5 billion people to urban areas by 2050. With a larger population moving in urban areas, the need for efficient management of transportation systems increases. Hence, the demand for Advanced Air Mobility is increasing to solve issues related to traffic congestions by minimizing travel time and reduce stress on existing transport systems.

Possible Challenges

Regulatory Barriers Might Hinder the Market Growth

Despite technological advancements pushing AAM closer to reality, regulatory bodies, such as Federal Aviation Administration (FAA), European Union Aviation Safety Agency (EASA), and Civil Aviation Authority (CAA), are not yet ready to certify eVTOLs as they demand the aircraft to always be in the line of sight and follow fixed slots & paths. In addition, the high initial costs associated with the infrastructure required to facilitate AAM is another challenging factor that limits the Advanced Air Mobility Security market growth.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Advanced Air Mobility Security Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Advanced Air Mobility Security Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Advanced Air Mobility Security Market based on a competitive benchmarking matrix?
  5. What are the key results derived from the surveys conducted during the Global Advanced Air Mobility Security Market study?   

Frequently Asked Questions

   A. The Advanced Air Mobility Security Market is projected to grow at a CAGR of around 12.5% during 2021-26.

   A. Passenger Air Mobility is projected to attain the largest market share during the forecast period.

   A. North America shall continue to grow at the highest CAGR during 2021-26 and present immense opportunities to the key leaders in the Advanced Air Mobility Security Market.

   A. The expansive amounts of data produced and the increasing threat of cybersecurity are the key factors expected to drive the market during 2021-26.

   A. The Advanced Air Mobility Security Market is projected to grow steadily owing to rising preferences for social distancing & avoiding long travel times.

  1. Introduction
    1.      Product Definition
    2.      Research Process
    3.      Assumptions
    4.      Market Segmentation
  2. Executive Summary
  3. Impact of COVID-19 on Global Advanced Air Mobility Security
  4. Expert Verbatim: What our expert says?
  5. Global Advanced Air Mobility Security Market Trends & Insights
  6. Global Advanced Air Mobility Security Market Dynamics
    1.   Growth Drivers
    2.   Challenges
    3.   Impact Analysis
  7. Global Advanced Air Mobility Security Market Hotspot & Opportunities
  8. Global Advanced Air Mobility Security Market Key Strategic Imperatives for Success & Growth
  9. Global Advanced Air Mobility Security Market Government regulations and Policy Analysis
  10. Global Advanced Air Mobility Security Market Analysis, 2016-2026F
    1. Market Size and Analysis
      1.  By Revenue
    2. Market Share and Analysis
      1. By Air Mobility Type
        1. Passenger Air Mobility
        2. Cargo Air Mobility
      2. By Tools
        1. Preventive Maintenance
        2. Predictive Maintenance
        3. Diagnostic Maintenance
      3. By Security Type
        1. Software
          1. Firewalls
          2. Data Security
          3. E-mail security
          4. End point Security
          5. Web Security
          6. Identity Access Management
          7. Vulnerability Management
        2. Hardware
      4. By Data Storage
        1. Cloud Based
        2. Local/Web Based
      5. By End Users
        1. E-Commerce
        2. Defence
        3. Agriculture
        4. Healthcare
      6. By Region
        1. North America
        2. South America
        3. Asia Pacific
        4. Europe
        5. Middle East & Africa
      7.     By Company
        1. Competition Characteristics
        2. Market Share and Analysis
  11. North America Advanced Air Mobility Security Market Analysis, 2016-2026F
    1. Market Size and Analysis
      1.  By Revenue
    2. Market Share and Analysis
      1. By Air Mobility Type
      2. By Tools
      3. By Security Type
      4. By Data Storage
      5. By End Users
      6. By Country
        1. The US Advanced Air Mobility Security Market Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
        2. Canada Advanced Air Mobility Security Market Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
        3. Mexico Advanced Air Mobility Security Market Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
  12. South America Advanced Air Mobility Security Market Analysis, 2016-2026F
    1. Market Size and Analysis
      1. By Revenue
    2. Market Share and Analysis
      1. By Air Mobility Type
      2. By Tools
      3. By Security Type
      4. By Data Storage
      5. By End Users
      6. By Country
        1. Brazil Advanced Air Mobility Security Market Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
  13. Europe Advanced Air Mobility Security Analysis, 2016-2026F
    1. Market Size and Analysis
      1.  By Revenue
    2. Market Share and Analysis
      1. By Air Mobility Type
      2. By Tools
      3. By Security Type
      4. By Data Storage
      5. By End Users
      6. By Country
        1. Germany Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
        2. France Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
        3. The UK Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
        4. Italy Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
        5. Spain Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
  14. Asia Pacific Advanced Air Mobility Security Analysis, 2016-2026F
    1. Market Size and Analysis
      1.  By Revenue
    2. Market Share and Analysis
      1. By Air Mobility Type
      2. By Tools
      3. By Security Type
      4. By Data Storage
      5. By End Users
      6. By Country
        1. China Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
        2. Japan Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
        3. South Korea Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
        4. India Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
  15. Middle East & Africa Advanced Air Mobility Security Analysis, 2016-2026F
    1. Market Size and Analysis
      1.  By Revenue
    2. Market Share and Analysis
      1. By Air Mobility Type
      2. By Tools
      3. By Security Type
      4. By Data Storage
      5. By End Users
      6. By Country
        1. UAE Advanced Air Mobility Security Analysis, 2016-2026F
          1. Market Size and Analysis
            1.  By Revenue
          2. Market Share and Analysis
            1. By Air Mobility Type
            2. By Tools
            3. By Security Type
            4. By Data Storage
  1. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Manufacturing Units
      5. Research & Development
      6. Strategic Alliance
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Business Segments, Financials, Strategic Alliances or Partnerships, Future Plans)
      1. Hackerone
      2. IBM
      3. McAfee
      4. Fortinet
      5. KnowBe4
      6. Microsoft
      7.  Sophos
      8. Imperva
      9. Splunk
      10. Netsparker
  2. Disclaimer


Advanced Air Mobility Security Market Segmentation