Global Aviation Analytics Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Aviation analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global Aviation analytics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global aviation analytics market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2028, exhibiting a growth rate (CAGR) of 10.3% during 2023-2028.

Aviation analytics is a specialized field that harnesses the power of data to optimize various aspects of the aviation industry. It involves the collection, analysis, and interpretation of data from diverse sources within the aviation ecosystem. As it enables airlines, airports, and aviation service providers to make informed decisions, enhance operational efficiency, improve safety measures, and elevate the passenger experience, the demand for aviation analytics is rising across the globe.

Global Aviation Analytics Market Trends and Drivers:

At present, the escalating demand for improved operational efficiency represents one of the key factors supporting the growth of the market. Besides this, airlines are facing increasing pressure to optimize routes, reduce fuel consumption, and enhance flight punctuality. Aviation analytics is offering predictive insights into maintenance schedules, flight routes, and crew scheduling, thereby ensuring a smoother and more cost-effective operation. Furthermore, the adoption of advanced analytics tools for predictive maintenance helps airlines preempt potential technical issues, reducing the risk of in-flight disruptions and ensuring passenger safety. Additionally, the integration of real-time data analytics aids in monitoring weather patterns and air traffic, allowing for quicker responses to adverse conditions and ensuring the well-being of passengers and crew. Apart from this, aviation analytics provides airlines with a competitive edge through comprehensive passenger profiling and personalized marketing strategies, which is strengthening the growth of the market.

Global Aviation Analytics Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are Capgemini SE, General Electric Company, GrayMatter Software Services Pvt Ltd, Honeywell International Inc., IGT Solutions Pvt. Ltd., International Business Machines Corporation, Lufthansa Technik AG (Deutsche Lufthansa AG), OAG Aviation Worldwide Limited, Oracle Corporation, Ramco Systems Limited, RELX Group plc and SAS Institute Inc.

The report segmented the market on the basis of region, component, deployment mode, business function, application and end user.

Breakup by Component:

• Software
• Services

Breakup by Deployment Mode:

• On-premises
• Cloud-based

Breakup by Business Function:

• Sales and Marketing
• Finance
• Maintenance
• Repair and Operations
• Supply Chain

Breakup by Application:

• Flight Risk Management
• Inventory Management
• Fuel Management
• Revenue Management
• Customer Analytics
• Navigation Services

Breakup by End User:

• Airlines
• Airports
• Others

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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