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Aviation Analytics Market | Covid-19 Impact Analysis
Aviation Analytics Market is Segmented by End-User Type (Airlines, Airports, and Others), by Business Function Type (Finance, Operations, Supply Chain, Maintenance & Repair, Sales & Marketing, and Others), by Application Type (Fuel Management, Flight Risk Management, Revenue Management, Customer Analytics, Navigation Services, Inventory Management, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
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 |
15.2% for the next five years |
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Major Application Type |
Customer analytics |
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Major Business Function Type |
Finance |
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Dominant End-User Type |
Airline |
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Region with the highest demand |
APAC |
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Key Players |
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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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.
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.
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.
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.
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Some of the major players in the aviation analytics market are-
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 |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The aviation analytics market is segmented into the following categories.
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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.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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].
Aviation Analytics is a technology that is allows the end-users to avail flight details with ease. These information may consist 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.
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.
In terms of regions, the APAC region is estimated to witness the highest growth in the aviation analytics market, during the forecast period.
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.
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