Aviation Analytics Market to offer a healthy CAGR of 15.2% during 2020-25
February 11, 2020
Aviation Analytics Market Overview:
Aviation Analytics Market is likely to witness an impressive CAGR of 15.2% during the forecast period. The market is chiefly influenced by competitive intelligence and real-time analytics. Other factors contributing to the growth of the global aviation analytics market are high adoption of analytics in the aviation industry helping organizations minimize costs, increase profitability & revenue, and enhance performance & maintenance.
Report Overview:
This new report from Stratview Research analyses the Aviation Analytics Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Aviation Analytics Market Segment Insights:
Customer Analytic Subsegment: The growth engine
Based on the application type, the market is segmented as fuel management, flight risk management, revenue management, customer analytics, navigation services, inventory management, and others. The customer analytics subsegment is estimated to register the fastest growth during the forecast period.
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https://www.stratviewresearch.com/toc/700/aviation-analytics-market.html
Dominance of: Air-line subsegment and Finance Subsegment
Based on the business function type, the market is segmented as finance, operations, supply chain, maintenance & repair, sales & marketing, and others. The finance sub-segment leads the market and is expected to maintain its dominance during the forecast period. However, the sales & marketing segment is estimated to depict the highest growth in the coming five years.
Based on the end-user type, the market is segmented as airlines, airports, and others. The airline sub-segment is expected to portray the highest growth during the forecast period. The growth is owing to the fact that with the support of big data mining and architecture, the airline companies can arrive at an in-depth competitive analysis, which helps the companies to develop business models, such as safety & security risk modelling, engineering & maintenance optimization, demand modelling & forecasting among others.
A highly/moderately/fragment consolidated Market
Some of the major players in the aviation analytics market are Airport Analytics (AA+), Aviation Analytics Ltd., Booz Allen Hamilton, General Electric Company, IBM Corporation, MU -Sigma, Mercator Limited, Oracle Corporation, SAP SE, and SAS Institute.
Regional Hegemony of North America
In terms of regions, the APAC region is estimated to witness the highest growth in the aviation analytics market, during the forecast period. The region has been witnessing robust growth in aviation industry over the past few years, chiefly driven by improvement in functional efficiency, rising consumer expectations, and the mounting pressure of reducing costs across regions. This growth can also be attributed to the growing middle-class population coupled with upsurge in trade and tourism in emerging countries, such as India and China. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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