Press release
Aviation Analytics Market Size, Share and Analysis | 2027 | Growth And Market Overview
Aviation analytics refers to a computerized technology that provides information on operational activities, weather forecast, and real-time flight data. It is extensively used for flight risk, inventory, fuel, revenue management, and customer analysis. Aviation analytics involves the usage of various tools, such as descriptive statistics and data monitoring to optimize, analyze, and supervise information. It enhances efficiency, accessibility, performance, maintenance, and risk management while improving operational planning and execution. As a result, aviation analytics finds widespread applications across airports, airlines, and aviation stakeholders and several business verticals, including finance, sales and marketing, maintenance, repair, etc.
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Aviation Analytics Market Trends:
The escalating demand for aviation analytics to organize real-time data, such as connectivity flight operational activities, navigation databases, and aircraft maintenance, is among the primary factors driving the aviation analytics market. Besides this, the increasing product requirement to reduce operational costs and predict customer preferences is further augmenting the market growth. Moreover, the growing popularity of innovative aviation analytics to improve tracking, fraud detection, profitability, and data management is also catalyzing the global market.
Apart from this, the launch of favorable policies by the government bodies to enhance aircraft safety and the elevating research and development (R&D) activities by the leading players are acting as significant growth-inducing factors. Furthermore, the continuous integration of Big Data and artificial intelligence (AI) to perform mechanical analysis, increase safety, and predict unplanned failure is expected to bolster the aviation analytics market in the coming years.
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Key Market Segmentation:
The report has been segmented the market into following categories:
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 Geography:
• 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
List of Key Companies Covered in this Market Report:
• 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
• SAS Institute Inc.
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Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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