Press release
Airline IoT Market Forecast to 2028 - Covid-19 Impact and Global Analysis by Component, by Application, and Geography
Airline IoT
The airline IoT is rapidly gaining traction in the global market scenario with the advent of 5G and connected devices. IoT in the aviation industry allows users to control physical objects through internet connectivity. Advent of internet of things in the aviation industry allows smooth flow of various operations as well as also ensures superior travel experience for the user. The North America market is expected to experience significant growth due to rapid adoption of the technology and presence of significant players in this region during the forecast period.
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MARKET DYNAMICS
The airline IoT market is anticipated to grow in the forecast period owing to driving factors such as technologic advancements connecting IoT and aviation industry and ongoing major R&D investments. Also, enhanced user experience is further expected to propel the market growth. However, cybersecurity threats may negatively impact the growth of the airline IoT market during the forecast period. On the other hand, development of innovative services by the market players would provide key opportunities for the airline IoT market in the coming years.
MARKET SCOPE
The "Global Airline IoT Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of airline IoT market with detailed market segmentation by component, application, and geography. The global airline IoT market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading airline IoT market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global airline IoT market is segmented on the basis of component and application. Based on component, the market is segmented as devices, software, data center systems, IT services, and communication services. On the basis of the application, the market is segmented as in-flight entertainment and connectivity, fuel management and energy savings, predictive maintenance and vehicle diagnostics, engine performance optimization, and others.
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MARKET PLAYERS
Cisco Systems, Inc.
Fujitsu Limited
Huawei Technologies Co., Ltd.
IBM Corporation
Living PlanIT AG
Sabre GLBL Inc.
Siemens AG
SITAONAIR (SITA)
Wind River Systems, Inc.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.
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