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2025 Aviation Analytics Industry Trends Report: Long-Term Outlook Through 2034
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Aviation Analytics Market Size By 2025?
The market size for aviation analytics has experienced swift expansion in recent years. The market value is predicted to increase from $3.37 billion in 2024 to $3.82 billion in 2025, reflecting a compound annual growth rate (CAGR) of 13.3%. The surge in growth during the historic period derives from factors such as an escalated generation of data within aviation, a focus on safety and operational efficiency, growing complexity of airline operations, competitive pressures and cost management, as well as a heightened demand for improved customer experience.
How Big Is the Aviation Analytics Market Size Expected to Grow by 2029?
There is anticipated to be a rapid expansion in the size of the aviation analytics market in the TH*Coming years. The market is expected to rise to $6.78 billion by 2029, with a compound annual growth rate (CAGR) of 15.4%. The predicted surge over the forecasted period is due to factors such as improved predictive maintenance, a heightened focus on safety analytics, growing demand for real-time analytics, regulatory compliance and reporting, and the increasing need for cutting-edge analytics platforms. Key trends forecasted for the period include sustainability analytics in aviation, regulatory compliance analytics, initiatives for data collaboration and sharing, an increased integration of the Internet of Things (IoT), and optimization of air traffic control.
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Which Key Market Drivers Powering Aviation Analytics Market Expansion and Growth?
The surge in air travel passengers is fueling the expansion of the aviation analytics market. Through software and service offerings, aviation analytics enables airports to consolidate their data for a comprehensive and synchronized view by airport administrations. The innovative solutions offered by aviation analytics are instrumental in streamlining the process of managing passenger traffic and promoting smoother operations. The International Air Transport Association (IATA) reported in its passenger data for March 2022 that total traffic, indicated by revenue passenger kilometers (RPKs), saw a 76% jump compared to March 2021. As such, the escalating number of aviation passengers is set to boost the growth of the aviation analytics market.
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Which Fast-Growing Trends Are Poised to Disrupt the Aviation Analytics Market?
Emerging technology is a rising trend popularizing the aviation analytics market. More and more airline companies and airports are embracing cutting-edge technology and utilizing aviation analytics to streamline operations, reduce expenses, and boost customer pleasure. For instance, a Canada-based trade association, the International Air Transport Association (IATA), rolled out the FuellS in June 2024. This is a high-tech analytics system designed to optimize airline fuel usage. It does this by employing consolidated and anonymous flight and fuel data to advise airlines on decisions concerning fuel efficiency, cutting costs, and ecological performance. Airlines are thus able to assess the fuel efficiency of different aircraft models by examining their fuel burn per Operational Tonne-Kilometer (OTK) in comparison to industry standards.
What Are the Emerging Segments in the Aviation Analytics Market?
The aviation analytics market covered in this report is segmented -
1) By Component: Services, Solutions
2) By Deployment: On-Premise, Cloud
3) By Business Function: Finance, Operations, Maintenance And Repair, Sales And marketing, Supply Chain, Other Business Functions
4) By Application: Flight Risk Management, Fuel Management, Rout Management, Fleet Management, Inventory Management, Wealth Management, Inspection, Performance Monitoring, Predictive Analysis, Part Replacement, Supply Chain Planning, Energy Management
5) By End User: OEMs, Airlines, Airports, MROs
Subsegments:
1) By Services: Consulting Services, Data Management Services, Implementation And Integration Services, Support And Maintenance Services, Training And Education Services
2) By Solutions: Flight Operations Analytics, Maintenance And Engineering Analytics, Safety And Risk Management Solutions, Revenue Management Solutions, Customer Experience Analytics, Predictive Analytics Solutions
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Who Are the Global Leaders in the Aviation Analytics Market?
Major companies operating in the aviation analytics market include IBM Corporation, Ramco Systems, SAP S. E., Swiss Aviation Software, Lufthansa Technik, Honeywell International Inc., Aviation Analytics, Airbus SAS, Boeing Company, Collins Aerospace, Oracle Corporation, General Electric Company, SAS Institute Inc., OAG Aviation Worldwide Limited, Accelya Solutions India Limited, Cirium (LexisNexis Risk Solutions), Hitachi Vantara Corporation, IFS AB, Mu-Sigma, Mercator Aviation Ltd., Wipro Limited, Teradata Corporation, TIBCO Software Inc., Tableau Software, QlikTech International AB, MicroStrategy Incorporated, Information Builders Inc., GoodData Corporation, Alteryx Inc., RapidMiner Inc., Datameer Inc.
Which are the Top Profitable Regional Markets for the Aviation Analytics Industry?
North America was the largest region in the aviation analytics market in 2024.North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aviation analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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