According to the most recent analysis by Emergen Research, the aviation analytics market had a value of USD 2.95 billion in 2021 and is projected to grow at a rate of 12.0% over the forecast period. Global growth in air passenger traffic is a major driver in the market's rising revenue. A class of technologies known as artificial intelligence (AI) are good at extracting patterns and insights from enormous amounts of data, which are then used to provide predictions based on that knowledge. Because natural language processing offers a better user interface, AI is being used to automate the analytics process in order to make it more accessible and effective.
The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Aviation Analytics market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Aviation Analytics market landscape.
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Key companies operating in the Aviation Analytics market include:
The International Business Machines Corporation (IBM), General Electric Company, Accelya, IGT Solutions Pvt. Ltd., MU Sigma, Ramco Systems, Oracle Corporation, SAP SE, SAS Institute Inc., and OAG Aviation Limited
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Aviation Analytics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Aviation Analytics Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Aviation Analytics Market Segmentation:
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Component Outlook (Revenue, USD Billion; 2019-2030)
- Services
- Software
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Application Outlook (Revenue, USD Billion; 2019-2030)
- Fuel Management
- Customer Analytics
- Inventory Management
- Navigation Services
- Revenue Management
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End-use Outlook (Revenue, USD Billion; 2019-2030)
- Airports
- Airlines
- Others
Aviation Analytics Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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