Federalnewsnetwork Surge in Cyber Threats to Space Infrastructure Drives Market Growth
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- •Space cybersecurity market expected to reach USD 6.96 billion by 2029.
- •Cyberattacks on space assets have surged by over 300%, threatening national security.
- •Integration flaws account for nearly 40% of satellite cyberattacks.
The space cybersecurity market is projected to grow from USD 4.52 billion in 2024 to USD 6.96 billion by 2029, at a CAGR of 9.0%. This growth is fueled by increasing cyber threats to space assets, including a reported 300% rise in cyberattacks on satellites. Key incidents include the 2022 Viasat KA-SAT hack and multiple NASA intrusions, highlighting vulnerabilities in satellite systems. The integration of advanced technologies like zero trust architecture and AI-driven threat detection is essential to enhance security. The rise of multi-orbit satellite networks complicates cybersecurity, with nearly 40% of attacks attributed to integration flaws. Governments and companies are investing in quantum-resistant encryption and AI-based defenses to protect critical space infrastructure. The demand for specialized cybersecurity services is increasing as the attack surface expands with more satellites in orbit.
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