The aviation analytics market is anticipated to flourish at a healthy CAGR of 9.7% between 2023 and 2033. The market is expected to hold a market share of USD 7.90 billion by 2033 while the market is likely to be valued at USD 3.12 billion in 2023.
Aviation analytics is adopted by most enterprises as these solutions facilitate them to improve their operational performance, profitability, and maintenance. Also, aviation analytics helps enterprises to develop an analytical resolution to cater to future demands such as the needs of the customers which might also help enterprises to maximize their operating revenue.
Aviation analytics solutions are used across the aviation industry for various applications such as fuel management, customer analytics, revenue management, and risk management. Further, aviation analytics solutions help enterprises to measure, monitor, and analyze their business goals, risk, and future growth of the enterprise. All these factors are contributing to the growth of rapid integration of the aviation analytics market.
| Attributes | Details |
|---|---|
| Aviation Analytics Market CAGR (2023 to 2033) | 9.7% |
| Aviation Analytics Market Size (2023) | USD 3.12 billion |
| Aviation Analytics Market Size (2033) | USD 7.90 billion |
Presently, the vendors of the aviation analytics market are focusing on intelligence and analytics solutions to boost the profitability of their business. This, in turn, is driving the demand for the aviation analytics market. In addition, the growing emphasis on jet fuel management is another factor driving the demand in the aviation analytics market.
The increasing demand for real-time analytics in the aviation industry is positively influencing the demand for aviation analytics. Additionally, increasing centricity in the aviation industry is also one of the major factors contributing to the growth of the aviation analytics market.
The key challenge faced by the vendors in the aviation analytics market is the dearth of availability of suitable analytical skills. In addition, on certain days, more than two lakh flights operate, making data collection a challenge for the aviation analytics industry. The number of flights that operate is more than the speed of data collection, making it difficult for aviation analytics to use the data for future purposes.
| Countries | Revenue Share % (2022) |
|---|---|
| The United States | 18.1% |
| Germany | 8.2% |
| Japan | 5.4% |
| Australia | 4.1% |
| North America | 30.2% |
| Europe | 21.2% |
| Countries | CAGR % (2023 to 2033) |
|---|---|
| China | 8.3% |
| India | 10.2% |
| The United Kingdom | 7.3% |
Demand for Improving Operational Performance Creating Significant Opportunities
Among various regions, the aviation analytics market in North America is expected to dominate during the forecast period owing to the high adoption of industrial aviation analytics by medium and large size enterprises to improve their operational performance. Moreover, the strong presence of aircraft operators along with key manufacturers of aviation analytics is propelling the integration of the same. Thus, owing to the reasons mentioned above, North America held a market share of 30.25% in 2022.
Technological Advancements Driving Growth
Countries such as Germany and the United Kingdom are notably contributing to the growth of the aviation analytics market. This is owing to the technological advancements in the aviation analytics sector. Moreover, the increase in travel and tourism along with the modernization of the aviation sector is bolstering the demand for aviation analytics in the region.
The use of artificial intelligence and the Internet of Things has annihilated the requirement for human intervention, making aviation analytics an easy task for companies. Europe held a market share of 21.2% in 2022.
| Category | By End User Type |
|---|---|
| Leading Segment | Airlines |
| Market Share (2022) | 65.4% |
| Category | By Verticals Type |
|---|---|
| Leading Segment | Operations |
| Market Share (2022) | 49.3% |
Based on end-user type, the airlines segment leads the market as it held a market share of 65.4% in 2022. The vertical category is dominated by the operation segment as it held a market share of 49.3% in 2022.
Table 1: Global Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Value (US$ Million) Forecast by End User, 2018 to 2033
Table 3: Global Value (US$ Million) Forecast by Verticals, 2018 to 2033
Table 4: North America Value (US$ Million) Forecast by Country, 2018 to 2033
Table 5: North America Value (US$ Million) Forecast by End User, 2018 to 2033
Table 6: North America Value (US$ Million) Forecast by Verticals, 2018 to 2033
Table 7: Latin America Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: Latin America Value (US$ Million) Forecast by End User, 2018 to 2033
Table 9: Latin America Value (US$ Million) Forecast by Verticals, 2018 to 2033
Table 10: Western Europe Value (US$ Million) Forecast by Country, 2018 to 2033
Table 11: Western Europe Value (US$ Million) Forecast by End User, 2018 to 2033
Table 12: Western Europe Value (US$ Million) Forecast by Verticals, 2018 to 2033
Table 13: Eastern Europe Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Eastern Europe Value (US$ Million) Forecast by End User, 2018 to 2033
Table 15: Eastern Europe Value (US$ Million) Forecast by Verticals, 2018 to 2033
Table 16: South Asia and Pacific Value (US$ Million) Forecast by Country, 2018 to 2033
Table 17: South Asia and Pacific Value (US$ Million) Forecast by End User, 2018 to 2033
Table 18: South Asia and Pacific Value (US$ Million) Forecast by Verticals, 2018 to 2033
Table 19: East Asia Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: East Asia Value (US$ Million) Forecast by End User, 2018 to 2033
Table 21: East Asia Value (US$ Million) Forecast by Verticals, 2018 to 2033
Table 22: Middle East and Africa Value (US$ Million) Forecast by Country, 2018 to 2033
Table 23: Middle East and Africa Value (US$ Million) Forecast by End User, 2018 to 2033
Table 24: Middle East and Africa Value (US$ Million) Forecast by Verticals, 2018 to 2033
Figure 1: Global Value (US$ Million) by End User, 2023 to 2033
Figure 2: Global Value (US$ Million) by Verticals, 2023 to 2033
Figure 3: Global Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 6: Global Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 7: Global Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 8: Global Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 9: Global Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 10: Global Value (US$ Million) Analysis by Verticals, 2018 to 2033
Figure 11: Global Value Share (%) and BPS Analysis by Verticals, 2023 to 2033
Figure 12: Global Y-o-Y Growth (%) Projections by Verticals, 2023 to 2033
Figure 13: Global Attractiveness by End User, 2023 to 2033
Figure 14: Global Attractiveness by Verticals, 2023 to 2033
Figure 15: Global Attractiveness by Region, 2023 to 2033
Figure 16: North America Value (US$ Million) by End User, 2023 to 2033
Figure 17: North America Value (US$ Million) by Verticals, 2023 to 2033
Figure 18: North America Value (US$ Million) by Country, 2023 to 2033
Figure 19: North America Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 20: North America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 21: North America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 22: North America Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 23: North America Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 24: North America Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 25: North America Value (US$ Million) Analysis by Verticals, 2018 to 2033
Figure 26: North America Value Share (%) and BPS Analysis by Verticals, 2023 to 2033
Figure 27: North America Y-o-Y Growth (%) Projections by Verticals, 2023 to 2033
Figure 28: North America Attractiveness by End User, 2023 to 2033
Figure 29: North America Attractiveness by Verticals, 2023 to 2033
Figure 30: North America Attractiveness by Country, 2023 to 2033
Figure 31: Latin America Value (US$ Million) by End User, 2023 to 2033
Figure 32: Latin America Value (US$ Million) by Verticals, 2023 to 2033
Figure 33: Latin America Value (US$ Million) by Country, 2023 to 2033
Figure 34: Latin America Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 35: Latin America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 36: Latin America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 37: Latin America Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 38: Latin America Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 39: Latin America Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 40: Latin America Value (US$ Million) Analysis by Verticals, 2018 to 2033
Figure 41: Latin America Value Share (%) and BPS Analysis by Verticals, 2023 to 2033
Figure 42: Latin America Y-o-Y Growth (%) Projections by Verticals, 2023 to 2033
Figure 43: Latin America Attractiveness by End User, 2023 to 2033
Figure 44: Latin America Attractiveness by Verticals, 2023 to 2033
Figure 45: Latin America Attractiveness by Country, 2023 to 2033
Figure 46: Western Europe Value (US$ Million) by End User, 2023 to 2033
Figure 47: Western Europe Value (US$ Million) by Verticals, 2023 to 2033
Figure 48: Western Europe Value (US$ Million) by Country, 2023 to 2033
Figure 49: Western Europe Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 50: Western Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 51: Western Europe Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 52: Western Europe Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 53: Western Europe Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 54: Western Europe Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 55: Western Europe Value (US$ Million) Analysis by Verticals, 2018 to 2033
Figure 56: Western Europe Value Share (%) and BPS Analysis by Verticals, 2023 to 2033
Figure 57: Western Europe Y-o-Y Growth (%) Projections by Verticals, 2023 to 2033
Figure 58: Western Europe Attractiveness by End User, 2023 to 2033
Figure 59: Western Europe Attractiveness by Verticals, 2023 to 2033
Figure 60: Western Europe Attractiveness by Country, 2023 to 2033
Figure 61: Eastern Europe Value (US$ Million) by End User, 2023 to 2033
Figure 62: Eastern Europe Value (US$ Million) by Verticals, 2023 to 2033
Figure 63: Eastern Europe Value (US$ Million) by Country, 2023 to 2033
Figure 64: Eastern Europe Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 65: Eastern Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 66: Eastern Europe Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 67: Eastern Europe Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 68: Eastern Europe Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 69: Eastern Europe Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 70: Eastern Europe Value (US$ Million) Analysis by Verticals, 2018 to 2033
Figure 71: Eastern Europe Value Share (%) and BPS Analysis by Verticals, 2023 to 2033
Figure 72: Eastern Europe Y-o-Y Growth (%) Projections by Verticals, 2023 to 2033
Figure 73: Eastern Europe Attractiveness by End User, 2023 to 2033
Figure 74: Eastern Europe Attractiveness by Verticals, 2023 to 2033
Figure 75: Eastern Europe Attractiveness by Country, 2023 to 2033
Figure 76: South Asia and Pacific Value (US$ Million) by End User, 2023 to 2033
Figure 77: South Asia and Pacific Value (US$ Million) by Verticals, 2023 to 2033
Figure 78: South Asia and Pacific Value (US$ Million) by Country, 2023 to 2033
Figure 79: South Asia and Pacific Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 80: South Asia and Pacific Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 81: South Asia and Pacific Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 82: South Asia and Pacific Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 83: South Asia and Pacific Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 84: South Asia and Pacific Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 85: South Asia and Pacific Value (US$ Million) Analysis by Verticals, 2018 to 2033
Figure 86: South Asia and Pacific Value Share (%) and BPS Analysis by Verticals, 2023 to 2033
Figure 87: South Asia and Pacific Y-o-Y Growth (%) Projections by Verticals, 2023 to 2033
Figure 88: South Asia and Pacific Attractiveness by End User, 2023 to 2033
Figure 89: South Asia and Pacific Attractiveness by Verticals, 2023 to 2033
Figure 90: South Asia and Pacific Attractiveness by Country, 2023 to 2033
Figure 91: East Asia Value (US$ Million) by End User, 2023 to 2033
Figure 92: East Asia Value (US$ Million) by Verticals, 2023 to 2033
Figure 93: East Asia Value (US$ Million) by Country, 2023 to 2033
Figure 94: East Asia Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: East Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 96: East Asia Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 97: East Asia Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 98: East Asia Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 99: East Asia Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 100: East Asia Value (US$ Million) Analysis by Verticals, 2018 to 2033
Figure 101: East Asia Value Share (%) and BPS Analysis by Verticals, 2023 to 2033
Figure 102: East Asia Y-o-Y Growth (%) Projections by Verticals, 2023 to 2033
Figure 103: East Asia Attractiveness by End User, 2023 to 2033
Figure 104: East Asia Attractiveness by Verticals, 2023 to 2033
Figure 105: East Asia Attractiveness by Country, 2023 to 2033
Figure 106: Middle East and Africa Value (US$ Million) by End User, 2023 to 2033
Figure 107: Middle East and Africa Value (US$ Million) by Verticals, 2023 to 2033
Figure 108: Middle East and Africa Value (US$ Million) by Country, 2023 to 2033
Figure 109: Middle East and Africa Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 110: Middle East and Africa Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 111: Middle East and Africa Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 112: Middle East and Africa Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 113: Middle East and Africa Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 114: Middle East and Africa Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 115: Middle East and Africa Value (US$ Million) Analysis by Verticals, 2018 to 2033
Figure 116: Middle East and Africa Value Share (%) and BPS Analysis by Verticals, 2023 to 2033
Figure 117: Middle East and Africa Y-o-Y Growth (%) Projections by Verticals, 2023 to 2033
Figure 118: Middle East and Africa Attractiveness by End User, 2023 to 2033
Figure 119: Middle East and Africa Attractiveness by Verticals, 2023 to 2033
Figure 120: Middle East and Africa Attractiveness by Country, 2023 to 2033
The Aviation Analytics Market CAGR for 2033 is 9.7%.
The market is valued at USD 3.12 billion in 2023.
The forecasted market value of the market for 2033 is USD 7.90 billion.
The latest trends in the Aviation Analytics Market include the automation of tasks using AI, enhanced decision-making, anomaly detection, predictive flight trend analysis using machine learning, optimization of operations using big data, and secure aviation record-keeping through blockchain technology.
Key market players in the Aviation Analytics Market are IBM Corporation, SAP SE, and Oracle Corporation.
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