Aviation Analytics Market Size Outlook And Opportunities In Grooming Regions With Forecast 2030

 

Global Aviation Analytics Market.

Market Forecast

Global Aviation Analytics Market is projected to be valued at USD 22,195 Million by 2030, registering a CAGR of 17.5% from 2019 to 2030.

The rising need for energy and process optimization to maximize revenue and smoothen operations has significantly contributed to the expansion of the aviation analytics market. High competition owing to the presence of several players in the market has led aviation analytics providers to focus on innovation. Furthermore, increasing investments by aircraft OEMs in the aviation analytics market is expected to drive market growth. For example, in June 2019, Embraer launched IKON, a cloud-based system for analyzing and storing aircraft data.

However, the issues associated with cybersecurity and data management might hamper the growth of the market.

Market USP

Growing demand for real-time analytics in the aviation industry

Growth Opportunities in the Market

Sales & marketing segment to register the highest growth rate: The sales & marketing segment is expected to exhibit the highest CAGR during the forecast period of 2019 to 2030. The rising demand for enhanced travel experience by passengers is expected to drive the growth of the segment. Airlines can base their sales and marketing strategies and revenue models on the data generated by aviation analytics solutions to increase profits, enhance customer experience, and gain a competitive edge.

Customer analytics segment is expected to be the fastest-growing: The customer analytics segment is expected to register the highest CAGR during the forecast period of 2019 to 2030. Aviation analytics solutions enable airline operators to maximize revenue and offer customer-centric services by providing real-time insights about customer behavior.

Airlines segment expected to register the higher CAGR: The airline's segment is expected to exhibit a higher growth rate during the forecast period. Increasing investments by airlines in the aviation analytics market is expected to drive the growth of the segment. For example, in June 2019, Kenya Airways signed a contract with General Electric to procure an aviation analytics solution. The contract enabled the airline to streamline operations, offer enhanced services to customers, and optimize fuel management.

Key Players

·        Honeywell International, Inc. (US)

·        IBM Corporation (US)

·        Ramco Systems (India)

·        Oracle (US)

·        Boeing (US)

·        Airbus SAS (Netherlands)

·        SAP (Germany)

·        General Electric (US)

·        SAS Institute Inc. (US)

·        Booz Allen Hamilton Inc. (US)

·        Other Prominent Players

·        Aviation Analytics (UK)

·        GrayMatter Software Services Inc (US)

·        Mu Sigma (India)

·        Mercator Group (Chile)

·        Embraer (Brazil)

·        Microsoft (US)

·        Lufthansa Technik (Germany)

·        IFS AB (Sweden)

·        Rolls-Royce plc (UK)

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/aviation-analytics-market-8617

 

Comments

Post a Comment

Popular posts from this blog

GERD and NERD Treatment Market Rising Uptake Of Technology In Medical And Healthcare Sector To Boost Industry’s Growth Market 2019 Market Highlights: GERD & NERD Treatment Market Research Report- Americas forecast till 2023 growing continuously and is expected to grow at a CAGR of 4.02 % from 2017 to 2023. Heartburn is the burning sensation in the chest behind the breastbone that we feel when stomach acid refluxes back into the esophagus (food tube). Increasing prevalence of gastric diseases has increased the investment in GERD medication for research and development. This is expected to further drive the demand for gastroenteric drugs. Major players in GERD & NERD treatment market Some of the major players in this market are ( U.S.), GlaxoSmithKline Plc (U.K), Ironwood Pharmaceuticals, Inc. (U.S.), Jeil pharmaceutical Co. Ltd. (South Korea), Johnson & Johnson (U.S.), Mederi Therapeutics Inc. (U.S.), Medigus Ltd. (Israel), Medtronic Inc. (U.S.), Merck & CO.,...
Read more
Air Ambulance Services Market Size, Share, Trends, Application  Global Air Ambulance Services Market  Overview The Global Air Ambulance Services Market is expected to reach USD 11,456.3 million by 2024 at a CAGR of 2.95% during the forecast period. Air ambulance manufacturers are investing heavily in advanced technologies to reduce costs and improve turnaround time. For instance, 3D printing is dramatically changing the way structures and components of aircraft are currently designed and manufactured. It reduces the design constraints that engineers face when using conventional fabrication techniques. Furthermore, the ability to fabricate functional electronics into complex structures using 3D printing allows manufacturers to offer air ambulances that operate effectively in adverse conditions such as inclement weather, tsunamis, droughts, and cyclones. Global Air Ambulance Services Market  Segmental Analysis The global air ambu...
Read more

Satellite Communication (SATCOM) Market Outlook And Opportunities With Future Growth Scenario By 2027

  Market Forecast The satellite communication (SATCOM) market is projected to register a  CAGR of 8.44%  between  2021 and 2027 .   SATCOM is used for the transmission of information from one place to another with the aid of a satellite that orbits around the Earth. SATCOM is employed for a wide range of mobile applications, including communication to aircraft, ships, vehicles, and hand-held terminals, as well as for TV and radio broadcasting. The increasing deployment of small satellites, growing demand for high-speed Internet, and rising adoption of maritime VSAT are primarily driving the market's growth. Additionally, increasing demand for small form factor SATCOM solutions and frequent launches of military satellitesare driving the global market's growth. Globally, military spending has increased significantly in recent years. Factors such as ongoing conflicts in the Middle East & Africa, long-standing tensions, territorial disputes between ...
Read more