The Global Aviation Analytics Market will Hit $5.6 Billion by 2028, at a CAGR of 11.5%

Aviation Analytics Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Aviation Analytics Market size is expected to reach $5.6 billion by 2028, rising at a market growth of 11.5% CAGR during the forecast period.

The Sales & Marketing market shows high market share in the Global Aviation Analytics Market by Business Function in 2021; thereby, achieving a market value of $1.5 billion by 2028. It is due to the significant international need for aviation analytics for sales and marketing operations. Data on passenger sales and advertising are jointly gathered by airport management using analytics software. This enables the management to decide more effectively.

The Airports market is experiencing a CAGR of 12% during (2022 - 2028). Real-time data-driven operations are driven by airport analytics to improve operational performance, shorten wait times, and forecast passenger as well as baggage flow. With its sophisticated statistical models, Airport Analytics offers more revenues, better operations, projections, and other factors.

The Services market is generating high revenue in the Global Aviation Analytics Market by Component in 2021; thereby, achieving a market value of $3.9 billion by 2028. Aviation analytics services are in great demand and are being used for many different purposes within the aviation industry. In addition, data from the past and the present could be utilized to identify trends and get insights into the aviation sector.

The Flight Risk Management market would showcase a CAGR of 11.2% during (2022 - 2028). Flight risk models aid in determining which employee profiles are most prone to depart the organization, allowing HR to strategically choose which employees to focus on for retention and which areas to invest in growth prospects. A Flight Risk Assessment Tool is one of the most important elements to create when building a Safety Management System (SMS).

The North America market dominated the Global Aviation Analytics Market by Region in 2021; thereby, achieving a market value of $2.1 billion by 2028. The Europe market is experiencing a CAGR of 11% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 11.9% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/aviation-analytics-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of SAP SE, Oracle Corporation, IBM Corporation, General Electric (GE) Co., Ramco Systems Limited, Accelya Group (Vista Equity Partners), SAS Institute, Inc., OAG Aviation Worldwide Limited, IGT Solutions Pvt. Ltd. and Mu Sigma, Inc.

Global Aviation Analytics Market Segmentation

By Business Function

• Sales & Marketing
• Finance
• Maintenance
• Repair & Operations
• Supply Chain

By End User

• Airlines
• Airports
• Others

By Component

• Services
• Software

By Application

• Customer Analytics
• Flight Risk Management
• Fuel Management
• Revenue Management
• Inventory Management
• Navigation Services

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• SAP SE
• Oracle Corporation
• IBM Corporation
• General Electric (GE) Co.
• Ramco Systems Limited
• Accelya Group (Vista Equity Partners)
• SAS Institute, Inc.
• OAG Aviation Worldwide Limited
• IGT Solutions Pvt. Ltd.
• Mu Sigma, Inc.

Related Reports:

North America Aviation Analytics Market Size Report 2028

• August-2022
• 101 Pages

LAMEA Aviation Analytics Market Size, Share & Trends, 2028

• August-2022
• 114 Pages

Europe Aviation Analytics Market Size & Share to 2022-2028

• August-2022
• 115 Pages

Asia Pacific Aviation Analytics Market Size Report 2022-2028

• August-2022
• 115 Pages