What is Big Data in Flight Operations Market?
Over the past few decades, concepts such as big data, predictive analytics, and the internet of things and the rest of the aviation industry are trying to reinvent and solve the vast challenges industry face. Big data flight operation is used to improve airplane maintenance, safety measures, customer service, and customer experience. With total global air traffic predicted to double over the next twenty years, it’s seeming that airlines need to keep innovating with big data hence the demand for big data in-flight operation is booming.
The market study is being classified, by Application (Airspace Utilization, Safety Improvisation, Environmental Impact, Performance Measurement, Fuel Efficiency and Other) and major geographies with country level break-up.
Airbus Defense and Space (Munich), IBM (United States), Teradata Corporation (United States), Amazon (United States), Microsoft Corporation (United States), Google (United States), Cisco Systems (United States), SAS Institute (United States), SAP SE (Germany), Palantir Technologies (United States) and Cloudera, Inc (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Big Data in Flight Operations market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Big Data in Flight Operations market by Type, Application and Region.
On the basis of geography, the market of Big Data in Flight Operations has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Demand of Data-Oriented Strategies by Defense and Militaries of the Countries
- Increasing Demand from Aerospace
Market Trend
- The emergence of Cloud-based Service
Restraints
Opportunities
- The Extreme Competition within the Airline Industry leads to Innovation with a Recent Focus on the Advantages Big Data Provides is Creating Opportunities of Growth
Challenges
- Data Collection and Processing
Key Target Audience
Big Data in Flight Operations Providers, Government Regulatory Bodies, Private Research Institutes, Government Research Institutes and Others