Aviation Analytics Market to Garner $8.21 Billion by 2030: Allied Market Research
PORTLAND, OREGON, UNITED STATES, July 17, 2023/EINPresswire.com/ — As per the report published by Allied Market Research, the global aviation analytics market was accounted for $2.78 billion in 2020, and is estimated to reach $8.21 billion by 2030, growing at a CAGR of 11.72% from 2021 to 2030.
High volume of data generation in the aviation industry and surge in aviation passenger traffic have boosted the growth of the global aviation analytics market. However, dearth of analytically skilled workforce hinders the market growth. On the contrary, technological advancements are expected to open new opportunities for the market players.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/3684
Covid-19 scenario:
The Covid-19 pandemic had a negative effect on the aviation analytics market due to implementation of strict lockdown measures and restrictions of international flights.
The pandemic led to various challenges including grounding of airplanes and low demand for air travel.
The report divides the global aviation analytics market on the basis of component, end user, business function, application, and region.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ https://www.alliedmarketresearch.com/request-for-customization/3684
Based on component, the service segment held the largest share in 2020, accounting for nearly three-fourths of the market. However, the software segment is projected to manifest the highest CAGR of 12.3% during the forecast period.
On the basis of end user, the airlines segment held the lionโs share in 2020, contributing to more than half of the market. However, the airports segment is estimated to portray the highest CAGR of 12.74% from 2021 to 2030.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/3684
The global aviation analytics market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lionโs share in 2020, accounting for more than two-fifths of the market. However, the market across Asia-Pacific is anticipated to showcase the highest CAGR of 14.77% during the forecast period.
The global aviation analytics market includes an in-depth analysis of the prime market players such as Accelya, General Electric Company, International Business Machines Corporation (IBM), IGT Solutions Pvt. Ltd., Mu Sigma, OAG Aviation Worldwide Ltd., Oracle, Ramco System, SAP SE, and SAS Institute Inc.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ- https://www.alliedmarketresearch.com/checkout-final/862fe5d8210f576519515e2fe3927efa
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐ฏ๐ข๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
Vehicle Analytics Market- https://www.alliedmarketresearch.com/satellite-data-analytics-services-market-A09056
Drone Analytics Market- https://www.alliedmarketresearch.com/drone-analytics-market-A13562
Satellite Data Analytics Services Market- https://www.alliedmarketresearch.com/satellite-data-analytics-services-market-A09056
David Correa
Allied Analytics LLP
1 800-792-5285
email us here
Originally published at https://www.einpresswire.com/article/644792851/wings-of-data-exploring-aviation-analytics-for-efficient-flight-operations