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Aviation Analytics Market Share

  • Report ID: GMI10392
  • Published Date: Jul 2024
  • Report Format: PDF

Aviation Analytics Market Share

IBM Corporation and SAP SE. hold a significant share in the aviation analytics industry. IBM's Watson Aviation combines AI and machine learning to provide predictive maintenance and operational analytics, thereby enhancing airline efficiency and passenger experience. Their cloud-based solutions further support real-time data processing and IoT integration, crucial for managing large-scale aviation operations securely. SAP SE's offerings such as SAP Leonardo integrate analytics with IoT and big data capabilities, delivering predictive insights for aircraft maintenance and operational planning. SAP S/4HANA enhances financial management and supply chain operations, addressing regulatory compliance and optimizing revenue management for airlines and airports. Both companies' industry-specific solutions contribute to improving safety, efficiency, and profitability in aviation, cementing their positions as the key market players.
 

Some other major players in the market are Swiss AviationSoftware Ltd., Airbus SE, Boeing Company, Collins Aerospace (Raytheon Technologies), and Honeywell International Inc.
 

Aviation Analytics Market Companies

Major players operating in the aviation analytics industry are:

  • Booz Allen Hamilton Inc.
  • General Electric Company
  • IBM Corporation
  • Lufthansa Technik AG
  • Oracle Corporation
  • SAP SE
  • SAS Institute Inc.
Authors: Suraj Gujar , Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

Global industry size for aviation analytics was valued at USD 2.86 billion in 2023 and is anticipated to register over 10% CAGR between 2024 and 2032 due to the regulatory compliance requirements and higher adoption of advanced analytics solutions.

The hardware segment in the aviation analytics market is expected to reach USD 4 billion by 2032, owing to the increasing adoption of Internet of Things (IoT) devices for real-time data monitoring.

North America market held 35% revenue share in 2023 due to adoption of advanced analytics for operational efficiency and competitiveness.

Booz Allen Hamilton Inc., General Electric Company, IBM Corporation, Lufthansa Technik AG, Oracle Corporation, SAP SE, and SAS Institute Inc.

Aviation Analytics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 468
  • Countries covered: 21
  • Pages: 220
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