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Aviation Cloud Market Share

Report ID: GMI10218
Published Date: Jul 2024
Report Format: PDF

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Aviation Cloud Market Share

IBM Corporation & Microsoft Corporation hold a significant share of over 15% in the aviation cloud industry. IBM Corporation's extensive range of cloud computing and AI-driven technologies has helped it create a strong foothold in the aviation cloud sector. The business offers dependable, scalable, and secure cloud infrastructure to companies in the aviation sector by utilizing its IBM Cloud platform. Airlines and airport operators may improve passenger experience, manage flight schedules, increase operational efficiency, and adopt predictive maintenance with IBM's data analytics, AI, and machine learning capabilities. Moreover, IBM's extensive industry knowledge and its strategic alliances with top aviation firms enable it to provide solutions that are specifically designed to meet the particular demands of the aviation industry. IBM has a sizable part of this market thanks to its dedication to innovation and emphasis on incorporating cutting-edge technologies into the aviation ecosystem.

Microsoft Corporation's Azure cloud platform and accompanying technologies give it a substantial market presence in the aviation cloud space. AI, IoT, and data analytics are just a few of the many cloud capabilities offered by Azure that enable airlines and aviation service providers to increase safety, optimize operations, and enhance customer experiences. Microsoft has a significant focus on the digital transformation of the aviation industry, offering real-time data analytics for flight operations, smart airport solutions, and AI-driven insights for improved decision-making. Furthermore, Microsoft's strong security frameworks and partnerships with important aviation stakeholders give the sector the dependability and compliance required for crucial operations. Microsoft is a key player in the aviation cloud industry because of its ongoing investments in cloud innovation and its capacity to provide a smooth, integrated cloud ecosystem.

Aviation Cloud Market Companies

Major players operating in the aviation cloud industry are:

Microsoft Corporation
IBM Corporation
Amazon Web Services
Oracle Corporation
Google
SAP SE

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Global industry size for aviation cloud was valued at USD 5.6 billion in 2023 and is anticipated to register over 15% CAGR between 2024 and 2032, driven by its enhanced operational efficiency and improved passenger experience.

The hybrid segment in the aviation cloud market is expected to register 20% CAGR through 2032 due to their ability to balance data control and operational flexibility for optimizing costs and resources while ensuring real-time data availability and enhancing decision-making processes.

North America market held 35% revenue share in 2023 due to the presence of advanced technological infrastructure, high level of cloud adoption, and emphasis on innovations and efficiency within the aviation sector.

Microsoft Corporation, IBM Corporation, Amazon Web Services, Oracle Corporation. Google, and SAP SE, among others.