Big Data Analytics In The Aerospace & Defense Market Research Report- Global Forecast Till 2023

 

 

Key Players

The key players in the global big data analytics in the aerospace & defense market are Cyient (India), Accenture (Ireland), Airbus Defense and Space (Munich), IBM (US), Teradata Corporation (US), Amazon (US), Microsoft Corporation (US), Google (US), Cisco Systems (US), SAS Institute (US), and SAP SE (Germany).

Market Highlights

Big data analytics refers to the analysis of large volumes of structured and unstructured data to derive actionable information. Data helps provide a better experience, making the aerospace & defense customer part of the value chain by understanding what they want. Aerospace & defense organizations, including militaries and air transport service providers, are using data analytics for predictive maintenance, vehicle and performance tracking, weather forecasting, route planning, and to increase reliability, improve arrival times (on-time percentages), streamline and automate processes, increase efficiencies, and save money.

On the basis of solution, the global big data analytics in the aerospace & defense market has been segmented into predictive maintenance, vehicle and performance tracking, weather forecasting, route planning, aftermarket, and others.

Based on technology, the global big data analytics in the aerospace & defense market has been classified as apps and analytics, cloud, computer, infrastructure software, networking, NoSQL, professional services, SQL, and storage.

By application, the global big data analytics in the aerospace & defense market has been divided into defense, commercial aerospace, and space. Apart from capturing real-time data from sources such as mobile devices, social media, sensors, log files, and transactional applications, big data analytics delivers a wealth and variety of mission-critical data for warfare. The big data techniques used by businesses to mine databases are being adopted by the military to glean more information from the many different types of data it collects from drones, automated cybersecurity systems, terrorist databases, and many other sources. The technology is expected to help soldiers on the battlefield and lead to enhancements in areas ranging from software development to vehicle maintenance.

On the basis of deployment mode, the global big data analytics in the aerospace & defense market has been categorized as on-premise and on-demand. The use of data as a marketable service is emerging considering its availability and the new service-oriented business models in the aerospace & defense industry. Data captured from the monitoring of major systems on an aircraft such as engines, avionics, and electrical can be fed into predictive maintenance models to forecast which parts and skills need to be deployed when, before failure. Fuel monitoring can be analyzed to make smarter fueling decisions, be they on the ground or at the procurement officer’s desk. Other data can help ascertain how different flying conditions affect engine performance and repair priorities. These types of insights are valuable to airline operators.

Based on region, the global big data analytics in the aerospace & defense market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. The North American market is expected to grow exponentially during the forecast period. Investments by the US government in digital defense infrastructure are expected to propel market growth in the country. The high level of sophistication and advancements in technology and high budgets for the US military are expected to drive the demand for big data analytics.

In Asia-Pacific, the Governments of China, India, and Japan have invested heavily in digital defense infrastructure, thereby, stimulating market growth in the region.

Access Report Details @ https://www.marketresearchfuture.com/reports/aerospace-big-data-analytics-market-7667

 

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