Aviation Analytics Market Insights
Aviation Analytics Market is likely to witness an impressive CAGR of 15.2% during the forecast period. The market is chiefly influenced by competitive intelligence and real-time analytics. Other factors contributing to the growth of the global aviation analytics market are high adoption of analytics in the aviation industry helping organizations minimize costs, increase profitability & revenue, and enhance performance & maintenance.
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Aviation Analytics Market - Snapshot
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Growth
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15.2% for the next five years
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Major Application Type
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Customer analytics
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Major Business Function Type
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Finance
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Dominant End-User Type
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Airline
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Region with the highest demand
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APAC
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Key Players
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Airport Analytics (AA+), Aviation Analytics Ltd., Booz Allen Hamilton, General Electric Company, IBM Corporation, MU -Sigma, Mercator Limited, Oracle Corporation, SAP SE, and SAS Institute.
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Market Share Analysis
Aviation Analytics Market Share: By Application Type
Based on the application type, the market is segmented as fuel management, flight risk management, revenue management, customer analytics, navigation services, inventory management, and others. The customer analytics subsegment is estimated to register the fastest growth during the forecast period.
Aviation Analytics Market Share: By Business Function Type
Based on the business function type, the market is segmented as finance, operations, supply chain, maintenance & repair, sales & marketing, and others. The finance sub-segment leads the market and is expected to maintain its dominance during the forecast period. However, the sales & marketing segment is estimated to depict the highest growth in the coming five years.
Aviation Analytics Market Share: By End-User Type
Based on the end-user type, the market is segmented as airlines, airports, and others. The airline sub-segment is expected to portray the highest growth during the forecast period. The growth is owing to the fact that with the support of big data mining and architecture, the airline companies can arrive at an in-depth competitive analysis, which helps the companies to develop business models, such as safety & security risk modelling, engineering & maintenance optimization, demand modelling & forecasting among others.
Aviation Analytics Market Share: By Region
In terms of regions, the APAC region is estimated to witness the highest growth in the aviation analytics market, during the forecast period. The region has been witnessing robust growth in aviation industry over the past few years, chiefly driven by improvement in functional efficiency, rising consumer expectations, and the mounting pressure of reducing costs across regions. This growth can also be attributed to the growing middle-class population coupled with upsurge in trade and tourism in emerging countries, such as India and China. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Aviation Analytics Market: Key Players
Some of the major players in the aviation analytics market are Airport Analytics (AA+), Aviation Analytics Ltd., Booz Allen Hamilton, General Electric Company, IBM Corporation, MU -Sigma, Mercator Limited, Oracle Corporation, SAP SE, and SAS Institute.
Market Scope & segmentation
Aviation Analytics is a technology that allows the end-users to avail flight details with ease. This information may consist of real-time flight detail, weather forecast, past data of airport operation, and many others.
Aviation Analytics function based on finance, operations, supply chain, maintenance & repair, sales & marketing, and others. Fuel management, flight risk management, revenue management, customer analytics, navigation services, inventory management, and others are the application areas where aviation analytics are useful.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Aviation Analytics Market Report - Features
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Market Segmentation
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4
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Regions Covered
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4
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Countries/Sub-Regions Covered
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15
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No. of Figures & Tables
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>150
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Company Profiles
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10
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The aviation analytics market is segmented into the following categories.
Aviation Analytics Market Size, Share, & Forecast, by End-User Type:
- Airlines (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Airports (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aviation Analytics Market Size, Share, & Forecast, by Business Function Type:
- Finance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Operations (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Supply Chain (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Maintenance & Repair (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Sales & Marketing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aviation Analytics Market Size, Share, & Forecast, by Application Type:
- Fuel Management (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Flight Risk Management (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Revenue Management (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Customer Analytics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Navigation Services (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Inventory Management (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aviation Analytics Market Size, Share, & Forecast, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the application types by end-user type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
