Airline IoT Market size Industry Outlook, Size, Growth Factors,...

Airline IoT Market size Industry Outlook, Size, Growth Factors, Insights On Scope And Forecast To 2027

Postado 2022-05-10 08:57:39

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Airline IoT Market: Information by Application (Fleet Management, Passenger Experience Enhancement & Other Processes), by Component (IT Services, Software, Data Center Systems, Communication Services & Devices), and by Region — Global Forecast till 2027

Market Highlights

The global Airline Iot Market has been segmented based on application, component, and region.

Based on application, the airline IoT market is divided into fleet management, passenger experience enhancement, and other processes. The fleet management segment is further segmented as engine performance optimization, predictive maintenance & vehicle diagnostics, and fuel management & energy savings, whereas, the passenger experience enhancement segment is further segmented as in-flight entertainment and connectivity solutions, hyper personalization, and track & trace. The fleet management segment accounted for the largest market size while the passenger experience enhancement segment is expected to witness the highest CAGR during the forecast period. IoT can help enhance passenger experience in numerous ways. For example, passengers can be provided VR headsets for a unique entertainment experience. Data on passenger preferences can be collected and analyzed to gain useful insights to personalize offerings for upcoming trips.

Based on component, the airline IoT market is divided into IT services, software, data center systems, communication services and devices. The IT services segment accounted for the largest market share while the software segment is expected to witness the highest CAGR during the forecast period. Various software is used by the airline. For instance, aviation maintenance software is used to perform routine checks on or modifications to work orders at predefined intervals and set schedules. It is also used for non-routine work orders for unplanned repairs discovered when the aircraft is on ground. The positioning and parking assistance software provides feedback to the pilots to estimate standoff, marking lines, and taxi lines, allowing them to remain clear of obstructions.

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Based on region, the market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increasing demand for commercial aircraft and rise in number of airlines in countries such as China, and India.

Key Players

The key players in the global airline IoT market are Amadeus IT Group SA (Spain), SAP SE (Germany), Cisco Systems, Inc. (US), Huawei Technologies Co., Ltd (China), SITA (Switzerland), IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), Siemens AG (Germany), and Sabre Corporation (US).

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Table Of Contents

Executive Summary
Market Introduction

2.1. Market Definition

2.2. Scope Of The Study

2.3. Market Structure

2.4. Key Takeaways

2.5. Key Buying Criteria

Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List Of Assumptions

3.7. Limitations

Market Landscape

4.1. Porter’s Five Forces Analysis

4.1.1. Threat Of New Entrants

4.1.2. Bargaining Power Of Buyers

4.1.3. Threat Of Substitutes

4.1.4. Segment Rivalry

4.1.5. Bargaining Power Of Supplies

4.2. Value Chain/Supply Chain Analysis

Market Dynamics

5.1. Introduction

5.2. Market Drivers

5.3. Market Restraints

5.4. Market Opportunities

Industry Dynamics

6.1. Technology Trend

6.2. Regulatory Landscape

6.3. Patent Analysis Outlook

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