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Big Data in Flight Operations Market Trends

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

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Big Data in Flight Operations Market Trends

Cloud technologies provide scalable and affordable storage options for the enormous datasets produced by aircraft. For small-sized airlines, this deployment model allows for thorough data analysis. Airlines are increasingly focused on data interpretation and analysis by utilizing machine learning (ML) and artificial intelligence (AI). Real-time analysis of intricate patterns by AI systems makes proactive decision-making and predictive maintenance possible. In addition, many sensors installed on modern airplanes continuously generate data and an all-encompassing perspective of flight operations is fueled by the IoT technology's smooth data collection.

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