Global Airline Technology Integration Market 2023-2030

Global Airline Technology Integration Market 2023-2030

GlobalAirline Technology Integration Market Size, Share & Trends Analysis Report by Technology (Internet of Things (IoT), Cybersecurity, Artificial Intelligence, Advanced Analytics, Biometrics, Blockchain, Wearable Technology, and Others), by Offering (Software, and Hardware), and by Deployment (On-Premise And Cloud), Forecast Period (2023-2030)

Global airline technology integration market is anticipated to grow at a CAGR of 10.0% during the forecast period (2023-2030). The market growth is attributed to the convergence of advanced technology such as IoT, AI, and blockchain in the aviation industry across the globe. The utilization and integration of innovative technologies by airlines enhance their operational effectiveness, safety, and passenger experience. This includes integrating state-of-the-art technology, software, and systems into all aspects of their business.

Segmental Outlook

The global airline technology integration market is segmented on the technology, offering, and deployment. Based on the technology, the market is sub-segmented into the Internet of Things (IoT), cybersecurity, artificial intelligence, advanced analytics, biometrics, blockchain, wearable technology, and others. Furthermore, based on the offering, the market is sub-segmented into software and hardware. Based on the deployment, the market is sub-segmented into on-premises and cloud. The cybersecurity subcategory is expected to capture a significant portion of the market share within the technology segment. This is attributed to the rise in cyberattacks and cybercrime in the airline industry.

The Cloud Sub-Segment is Anticipated to Hold a Considerable Share of the Global Airline Technology Integration Market

Among the deployment, the cloud sub-segment is expected to hold a considerable share of the global airline technology integration market. Airlines acquire a lot of data, and through incorporating data analytics technologies, they can comprehend passenger preferences, plan itineraries, and make more effective choices. In April 2022, Fujitsu launched a new service portfolio ""Fujitsu Computing as a Service (CaaS)"" to provide access to a variety of the newest innovative computing technologies via the cloud for business use, to accelerate digital transformation (DX) and empower customers internationally.

Regional Outlook

The global airline technology integration market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the rising investments in the adoption of innovative and advanced digital technologies.

The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the Global Airline Technology Integration Market

Among all regions, the Asia-Pacific region is anticipated to grow at a considerable CAGR over the forecast period. Airlines constantly scan for methods to improve pilot safety and training. Technology integration, such as the CAE Rise Training System, offers instructors real-time data and insights, allowing them to unbiasedly evaluate and enhance pilots' technical proficiency. In the airline sector, safety and good training are of the highest significance. For instance, in August 2022, AirAsia India and CAE collaborated to integrate the CAE Rise Training System into the airline’s simulator training program. AirAsia India is the first airline in India to adopt a data-driven training program using CAE Rise. By supplying instructors with real-time data during training sessions and providing instructors with insights that allow them to objectively analyze a pilot's technical competencies and performance, CAE Rise utilizes analytics to give instruction that is of higher competence.

Market Players Outlook

The major companies serving the airline technology integration market include Google, LLC, IBM Corp., AWS, Inc., Honeywell International Inc., Lufthansa Systems GmbH, Microsoft Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2023, Collins Aerospace released an IoT-connected cabin with a new set of in-cabin trials on multiple partner airlines. The connected galley trials involve light-touch modifications to existing galley equipment to, in essence, IoT-ise them. These mods enable all the benefits of the connected aircraft, such as automated maintenance requests, predictive repair or replacement, functionality or service analytics, and others.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global airline technology integration market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.