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Aviation Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 142 Pages
  • September 2023
  • Region: Global
  • IMARC Group
  • ID: 5633136

Quick Summary:

In the rapidly progressing world of aviation, data has become a crucial factor in driving success. The insightful report on the global aviation analytics market justifies this by offering critical insights about the current and projected state of this important sector.

Aviation analytics provides vital information concerning flight operations, weather forecasts, and real-time flight data. This tool, equipped with capabilities such as data monitoring and descriptive statistics, is used by airports and airlines to optimize efficiency, customer satisfaction, performance, risk management, and operational planning. These capabilities make aviation analytics an indispensable resource in sectors such as sales and marketing, finance, and maintenance and repair.

The report highlights the considerable growth driven by an increase in global air travel as well as industry's continuous efforts to reduce operational costs and anticipate customer preferences. Technological advancements in big data and AI, the demand for real-time analytics, improved tracking and fraud detection, and government initiatives to enhance aircraft safety, all contribute to the buoyant outlook for the aviation analytics market. Additionally, the report provides an analysis of key trends and forecasts for each sub-segment, including components, deployment modes, business functions, applications, and end users.

In conclusion, the detailed market report offers a comprehensive view of the aviation analytics market, covering its growth trajectory, driving factors, and future prospects. The knowledge garnered from this report could provide tactical insights to make more informed strategic decisions within the sector.

The global aviation analytics market size reached US$ 3.2 Billion in 2022. Looking forward, the publisher 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 the computational technology that provides data statistics and information on operation activities, weather forecast data and real-time flight data. It examines the vast amount of data generated and analyzes the data pattern. It is widely used for inventory, flight risk, fuel, revenue management and customer analytics. Aviation analytics involves the use of various tools, such as data monitoring and descriptive statistics, to analyze, optimize and supervise information. It assists in enhancing performance, efficiency, accessibility, maintenance, customer satisfaction, and risk management, while improving operational planning and execution. As a result, aviation analytics is widely used to provide useful information to airports, airlines and aviation stakeholders and various business verticals, such as sales and marketing, finance, maintenance and repair.

Aviation Analytics Market Trends:

The significant growth in the aviation industry across the globe is one of the key factors creating a positive outlook for the market. Aviation analytics is widely used to manage real-time data, including navigation databases, connectivity flight operational activities, and aircraft maintenance. In line with this, the widespread product adoption due to the increasing passenger traffic to reduce operational cost and predict customer preferences is favoring the market growth. Moreover, various technological advancements, such as the integration of big data and artificial intelligence (AI) to perform mechanical analysis, increase efficiency and safety and predict unplanned failure, are providing an impetus to the market growth. Additionally, the increasing demand for real-time analytical solutions to enhance profitability, tracking, fraud detection and improved data management is positively impacting the market growth. Apart from this, extensive research and development (R&D) activities and the implementation of various government initiatives to improve aircraft safety are anticipated to drive the market toward growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global aviation analytics market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on 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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Key Questions Answered in This Report:

  • How has the global aviation analytics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global aviation analytics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the deployment mode?
  • What is the breakup of the market based on the business function?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global aviation analytics market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Aviation Analytics Market

What is the estimated value of the Global Aviation Analytics Market?

The Global Aviation Analytics Market was estimated to be valued at $3.2 Billion in 2022.

What is the growth rate of the Global Aviation Analytics Market?

The growth rate of the Global Aviation Analytics Market is 10.7%, with an estimated value of $5.9 Billion by 2028.

What is the forecasted size of the Global Aviation Analytics Market?

The Global Aviation Analytics Market is estimated to be worth $5.9 Billion by 2028.

Who are the key companies in the Global Aviation Analytics Market?

Key companies in the Global Aviation Analytics Market include 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) and OAG Aviation Wo.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aviation Analytics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Deployment Mode
7.1 On-premises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Cloud-based
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Business Function
8.1 Sales and Marketing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Finance
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Maintenance
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Repair and Operations
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Supply Chain
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Application
9.1 Flight Risk Management
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Inventory Management
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Fuel Management
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Revenue Management
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Customer Analytics
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Navigation Services
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by End User
10.1 Airlines
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Airports
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Others
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Capgemini SE
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 General Electric Company
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 GrayMatter Software Services Pvt Ltd
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Honeywell International Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.5 IGT Solutions Pvt. Ltd.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.6 International Business Machines Corporation
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Lufthansa Technik AG
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 OAG Aviation Worldwide Limited
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 Oracle Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Ramco Systems Limited
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.11 RELX Group plc
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 SAS Institute Inc.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 SWOT Analysis

Companies Mentioned

  • 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.

Methodology

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