Industry Background:
Analytics in the airline industry is becoming the next big wave. Analytics and Machine learning has touched almost all fields in the aviation industry. Big data analytics and predictive models are used for an opportunity in this industry. Analytics can be used in the aviation industry to increase airline revenue, smart maintenance, cost reduction, digital transformations, and others. Most of the airlines are planning to take initiatives in technology which include real-time predictive pricing offers, and air travel experience.This growth is primarily driven by Increase Pressure on Managers to Consistently Deliver Value to Customers in Aviation Industry
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Business Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Oracle Corporation (United States), IBM Corporation (United States), SAS Institute Inc. (United States), SAP SE (Germany), General Electric (United States), Mu Sigma (India), OAG (United Kingdom), Ramco (India), Aviation Analytics (United Kingdom), Predictive Aviation Analytics (United States), CAPA (India) and Aeroficial Intelligence (Austria), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Nov 2018, Sabre (SABR) Announced To Acquire Farelogix For Around USD 360 Million. Through This Deal SABR Seeking To Roll Out Farelogix System-Agnostic Solutions To Provides End-To-End Personalized Digital Fare Marketing Capabilities For Airlines And Agencies. Which Developed A Suite Of Airline Fare Marketing And Analytics Software Offerings.
In Sep 2018, BAE System Introduced A New Information Security And Risk Management Framework Capability. An Advanced Analytics Solution to Protect Sensitive United States DOD Documentation.The Global Aviation Analytics Market Is Highly Competitive And Consists Of Some Major Key Players. In Terms Of Market Share, Some Player Presently Dominate The Global Market. High Focus on Providing Customized Solutions to Customers In Order To Remain Competitive. Analytics Industry Seeing More Number of Niche Players Coming Up Rather Than Traditional Players. To Provide The Best Services To The Customers, Companies Are Spending More On Marketing Analytics Based Solutions.
Influencing Trend:
Digital Transformation, Machine Learning Algorithms and Personalized Itineraries
Market Growth Drivers:
Increase Pressure on Managers to Consistently Deliver Value to Customers in Aviation Industry, Increasing Digital Transactions in Aviation Industry and Rising Passenger Flow
Challenges:
Economic Challenges Faced by Aviation Industry Due to COVID-19
Restraints:
Increasing Complexity of Aviation Data Limits Analytics Applications
Opportunities:
High Opportunity Due To High Demand for Aviation Safety Causal Factor
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Aviation Analytics Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Aviation Analytics Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Aviation Analytics players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Aviation Analytics Study Sheds Light on
The Aviation Analytics Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Aviation Analytics industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aviation Analytics industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.