Aviation Analytics Market by Component (Service and Software), End User (Airlines, Airports, and Others), Business Function (Sales & Marketing, Finance, Maintenance, Repair & Operations, and Supply Chain), and Application (Flight Risk Management, Inventory Management, Fuel Management, Revenue Management, Customer Analytics, and Navigation Services): Global Opportunity Analysis and Industry Forecast, 2021–2030
Aviation analytics is a novel analytics system that permits predictive analytics and query processing over a stream of massive aviation data. It offers real-time analytical solutions and predictions to the end-users. The adoption rate of aviation analytics by different organizations is on a continuous rise, as it facilitates them to improve maintenance and performance, increase profitability, and reduce cost. Primary end-users of aviation analytics include airlines, airports, aircraft manufacturers, and others.
Change in preference of aviation industries toward analytical solutions and surge in usage of cloud-based services are expected to propel the market growth. However, several market players fail to offer data models according to diverse needs of businesses, thereby hindering this growth. Furthermore, rise in demand for real-time analytical solutions is projected to create new growth opportunities for key players that operate in this industry.
The aviation analytics market is segmented on the basis of component, end-user, business function, application, and region. By component, the global aviation analytics market has been categorized into service and software. By end-user, the global aviation analytics market has been categorized into airlines, airports, and others. On the basis of business function, the market has been classified into sales & marketing, operations, finance, maintenance & repair, and supply chain. By application, it is classified into flight risk management, inventory management, fuel management, revenue management, customer analytics, and navigation services. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in this report include Accelya, General Electric Company, International Business Machines Corporation (IBM), IGT Solutions Pvt. Ltd., Mu Sigma, OAG Aviation Worldwide Ltd., Oracle, Ramco System, SAP SE, and SAS Institute Inc.
The drivers, restraints, and opportunities present in the market are explained in the report, in addition to the analysis of their impact. The report includes the study of the aviation analytics market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
KEY BENEFITS FOR STAKEHOLDERS
This study presents analytical depiction of the global aviation analytics market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall aviation analytics market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global aviation analytics market with a detailed impact analysis.
The current aviation analytics market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
By Component
Service
Software
By End-User
Airlines
Airports
Others
By Business Function
Sales & Marketing
Finance
Maintenance
Repair & Operations
Supply Chain
By Application
Flight Risk Management
Inventory Management
Fuel Management
Revenue Management
Customer Analytics
Navigation Services
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
Accelya
General Electric
International Business Machine Corporation (IBM)
IGT Solutions Pvt Ltd.
MU Sigma
OAG Aviation Worldwide Limited
Oracle Corporation
Ramco Systems
SAP SE
SAS Institute Inc.
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