Press release
Aviation Analytics Market Report 2023: Industry Overview, Size, Share, Growth & Forecast till 2028
Aviation Analytics
The global aviation analytics market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group 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 process of gathering, analyzing, and interpreting data concerning different facets of the aviation sector in order to obtain valuable insights and make well-informed choices. This practice employs advanced analytics methods such as predictive modeling, data mining, statistical analysis, and machine learning (ML) to extract significant information from various aviation data sources. By doing so, it facilitates the identification of patterns, trends, and factors that contribute to enhancing safety protocols, mitigating risks, and preventing accidents. Additionally, it aids in identifying safety hazards and examining data associated with accidents, incidents, and close calls.
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Global Aviation Analytics Market Trends and Drivers:
The global aviation industry is witnessing a surge in air passengers, which has led to a heightened focus on enhancing aircraft safety and performance. This, coupled with significant advancements in the aviation sector, has become a primary driver for the increasing demand for aviation analytics worldwide. Additionally, the growing number of aircraft accidents and the rise in commercial air traffic are positively influencing the market. Furthermore, the adoption of aviation analytics during natural disasters or security threats to enable rapid and efficient responses by airlines and airports is contributing to market growth. Moreover, the rising need for real-time analytical solutions to improve tracking and detect fraud is further propelling the market expansion.
Global Aviation Analytics Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: 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.
Browse Complete Report:- https://www.imarcgroup.com/aviation-analytics-market
The report segmented the market on the basis of region, 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
Speak to Analyst:- https://www.imarcgroup.com/request?type=report&id=5731&flag=C
If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Contact Us:
IMARC Services Private Limited.
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Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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