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Aviation Cloud Market Size
- Report ID: GMI10218
- Published Date: Jul 2024
- Report Format: PDF
Aviation Cloud Market Size
Aviation Cloud Market was valued at USD 5.6 billion in 2023 and is expected to grow at a CAGR of over 15% between 2024 and 2032. Operational efficiency is greatly increased in the aviation industry using cloud computing.
Cloud-based solutions facilitate instantaneous data exchange and cooperative efforts among diverse departments, including flight operations, maintenance, customer support, and ground handling. This improves decision-making procedures, decreases delays, and improves airline performance. Airlines can reduce operating expenses, enhance resource allocation, and streamline workflows by implementing cloud solutions, fueling the market growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Aviation Cloud Market Size in 2023: | USD 5.6 Billion |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 15% |
| 2024 – 2032 Value Projection: | USD 25 Billion |
| Historical Data for: | 2021 – 2023 |
| No. of Pages: | 210 |
| Tables, Charts & Figures: | 218 |
| Segments covered: | Deployment Mode, Service Model, Application, End User & Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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For instance, in May 2024, the cloud-based "PHOENIX WebInnovation" system for air traffic control at the airport Memmingen was introduced by DFS Aviation Services GmbH (DAS), a subsidiary of DFS Deutsche Flugsicherung GmbH. Operating exclusively on public clouds, this air traffic control system is a technical revolution for the air traffic control sector. It has demonstrated its value as an improved information tool at smaller airports and makes use of cutting-edge technologies. The Kubernetes platform of SysEleven is the host for this cloud-native product.
The utilization of cloud technology is essential for improving the traveler experience. Airlines may provide individualized services, easy booking processes, and real-time flight status information via cloud-based technologies. Additionally, cloud technologies make it possible to integrate mobile apps, onboard Wi-Fi, and in-flight entertainment systems, giving passengers a more connected and entertaining travel experience. The aviation industry's need for cloud solutions is being driven by an emphasis on enhancing customer happiness and loyalty.
Many airlines still use outdated IT systems, which could make it difficult to integrate them with contemporary cloud-based alternatives. It can be difficult and resource-intensive to integrate these outdated systems with more recent cloud platforms. Some airlines may be discouraged from completely adopting cloud technology due to the complexity of these integrations, which could result in operational disruptions and additional expenses. Reaching the full potential of cloud computing in aviation requires overcoming certain integration obstacles.
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Aviation Cloud Market Scope
