Space Cybersecurity Market worth $6.96 billion by 2029 - Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., April 23, 2025 /PRNewswire/ -- The space cybersecurity market is expected to reach USD 6.96 billion by 2029, from USD 4.52 billion in 2024, at a CAGR of 9.0% according to a new report by MarketsandMarkets™. The market is driven by a rise in cyber threats to space assets, rapid militarization of space and defense initiatives, increased dependency on satellite infrastructure, and elevated demand for satellite-to-ground communication security. Growing satellite launches in LEO and surging adoption of satellite communication technology are further expected to fuel the demand for space cybersecurity.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=175849133

Browse in-depth TOC on "Space Cybersecurity Market" 
374 – Tables
56 – Figures
307 – Pages

Space Cybersecurity Market Report Scope:

Services to be fastest-growing segment by offering during forecast period.

The services segment is projected to grow at the highest CAGR between 2024 and 2029. Services in space cybersecurity encompass a range of offerings that help organizations design, implement, and maintain security frameworks to protect space assets and data. These services ensure that space missions, satellite systems, and related infrastructure remain secure from evolving cyber threats. Through managed security services, professional consulting, or ongoing training, they provide the necessary support to implement robust security measures. With the rise of cyberattacks on space-based assets, the demand for specialized cybersecurity services has grown, providing organizations with the expertise and resources needed to secure their space operations.

Satellites to be fastest-growing segment by platform during forecast period.

The satellites segment is expected to record the highest CAGR during the forecasted period. In modern space infrastructure, these platforms support communication, Earth observation, navigation, and defense. As the global dependency on satellites increases, they become prime targets for cyberattacks, disrupting critical services such as communication, data transmission, and military operations. Satellites also face risks from electronic warfare tactics, such as jamming and spoofing. The interconnected nature of satellite networks allows an attack on one satellite to propagate and affect the entire system. For instance, during the Viasat cyberattack in 2022, Russian hackers disrupted satellite communication services, severely affecting military, government, and civilian networks across Europe, including Ukraine. Efforts to mitigate these threats include deploying end-to-end encryption, advanced intrusion detection systems, and AI-driven anomaly detection tools to monitor and respond to unusual activity in real time. Additionally, advancements in quantum cryptography are being explored to enhance communication security, providing a more resilient framework to prevent interception or tampering of satellite data.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=175849133

Asia Pacific to be fastest-growing regional market during forecast period.

Asia Pacific is expected to register the highest CAGR during the forecast period. The region covers India, Japan, Australia, Malaysia, and the Rest of Asia Pacific for market analysis. The Asia Pacific space cybersecurity industry is growing rapidly due to its increasing reliance on space technologies for military, commercial, and civilian applications. Space-based assets like satellites, space stations, and launch vehicles are central to economic growth. As Asia Pacific countries continue to expand their space operations, there is an urgent need for robust cybersecurity solutions to protect these assets. Cyberattacks targeting satellites and space infrastructure threaten national security, commercial activities, and scientific research. Consequently, these countries increasingly invest in cybersecurity measures, foster partnerships with private sector players, and adopt innovative technologies to protect their space assets.

The major players in the space cybersecurity companies are Thales (France), Leonardo S.p.A. (Italy), Lockheed Martin Corporation (US), General Dynamics Corporation (US), Booz Allen Hamilton (US), SpiderOak Inc. (US), Leidos Holdings, Inc. (US), BAE Systems plc (UK), and Airbus (Netherlands), among others.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=175849133

Browse Adjacent Market: Aerospace and Defence Market Research Reports &Consulting

Related Reports: 

Defense Cybersecurity Market by Offering (Hardware, Software and Services), Security (Network Security, Endpoint Security, Application Security, Cloud Security), End User (Army, Navy, Air Force), Application and Region - Global Forecast to 2028

Satellite Communication (SATCOM) Equipment Market by Solution (Product (Antennas, Transceivers, Power Amplifiers, Converters), Service (Engineering)), Platform, Type, Vertical, Frequency, Connectivity, and Region- Global Forecast to 2029

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

In addition, MarketsandMarkets SalesIQ enables sales teams to identify high-priority accounts and uncover hidden opportunities, helping them build more pipeline and win more deals with precision.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/space-cybersecurity-companies.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/space-cybersecurity.asp

Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg