Airline Technology Integration Market Growth Accelerates as Airlines Embrace Digital Transformation

The airline technology integration market size was valued at $21 billion in 2021, and is estimated to reach $89.1 billion by 2031, growing at a CAGR of 15.9% from 2022 to 2031.

Airlines all over the world are trying to provide their customers with extraordinary experiences at every touchpoint, from the time of inquiry to the flight's departure. They do this by responding to all of their customer's questions and requests for feedback, handling their customers' inquiries, and using analytics to improve their data over time.

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The airline technology integration market is being driven by growing demand from the airline industry. To combat climate change, the airline industry has established objectives such as attaining net carbon-neutral growth, increasing fuel efficiency, and reducing net aviation carbon emissions. Thus, to reduce the environmental effects of air travel and to improve ground and flight operations and passenger satisfaction, the airline sector players are increasingly adopting cutting-edge technologies.

Airlines are employing connected sensors on board their commercial aircraft to improve their capacity to undertake predictive maintenance. High implementation cost for cutting-edge technologies is expected to hamper market growth. The world has been witnessing an increase in cyber-attacks against all sectors including the airline sector. This sector is characterized by extensive interconnectivity and complexity, a high level of media exposure, and its critical role in the socioeconomic development of States. This, in turn, is expected to offer ample growth opportunities for Airline Technology Integration Industry players.

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The Airline Technology Integration market share is segmented on the basis of technology, offering, deployment, and region. As per technology, it is classified into internet of things (IoT), cybersecurity, artificial intelligence, advanced analytics, biometrics, blockchain, wearable technology, and others. By offering the market is categorized into software and hardware. Based on deployment, the airline technology Integration market is divided into on-premises and cloud. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The key players profiled in the Airline Technology Integration market analysis report include Airbus, Boeing, Collins Aerospace, General Electric, Honeywell International Inc. IBM, L3Harris Technologies, Lufthansa Technik, OracleSAP SE and others.

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