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Big Data in Flight Operations Market Size

  • Report ID: GMI10281
  • Published Date: Jul 2024
  • Report Format: PDF

Big Data in Flight Operations Market Size

Big Data in Flight Operations Market was valued at USD 4.4 billion in 2023 and is estimated to register a CAGR of over 9% between 2024 and 2032. The increase in the number of air travelers globally and the continuous growth of the aviation industry drive airlines to improve their efficiency and streamline their operations to meet operational needs.

 

The growing number of air travelers poses a more complicated set of problems for airlines. As a result, big data plays an important role in maximizing efficiency and handling challenges associated with growing demand in the industry. Airlines can predict peak travel times and carefully schedule flights by examining booking data. This helps them save fuel, shorten passenger journey times, and determine the most effective routes.
 

Big data adoption in flight operations can revolutionize the customer journey, transforming it from generic to personalized. Airlines can analyze vast amounts of data to understand passenger preferences, enabling them to offer tailored recommendations for in-flight entertainment based on past viewing habits. Additionally, big data allows airlines to monitor social media sentiment to identify and proactively address customer issues, such as offering priority boarding for passengers with tight connections or speeding up the check-in process for frequent travelers. By customizing the onboarding experience, airlines can enhance customer retention and increase profitability in the industry.
 

While leveraging big data in flight operations, privacy and data security are crucial considerations. Airlines and aviation companies handle large volumes of sensitive data, including passenger information, flight schedules, and operational specifics. Implementing encryption techniques, access restrictions, and monitoring systems to guard against unwanted access and cyber threats is essential for ensuring robust data security, which restrains the adoption of the technology in the aviation industry. Furthermore, maintaining passenger confidence and protecting privacy rights depend on compliance with laws such as the GDPR, thus hampering the market growth.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of big data in flight operations was reached USD 4.4 billion in 2023 and is estimated to register over 9% CAGR between 2024 and 2032, due to the increase in the number of air travelers globally and the continuous growth of the aviation sector.

The cloud-based deployment mode segment accounted for 67% share in 2023 and is projected to grow by 2032, as they enable airlines to handle and analyze massive amounts of data more effectively.

North America big data in flight operations market recorded over 37% share in 2023, due to the strong ecosystem of technology and software providers specializing in big data analytics.

IBM Corporation, Microsoft Corporation, Oracle Corporation, Amazon Web Services (AWS), Google LLC, Honeywell International Inc., SAP SE, Thales Group, Airbus SE, and Teradata Corporation

Big Data in Flight Operations Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 341
  • Countries covered: 23
  • Pages: 250
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