The aviation analytics market is estimated to be valued at USD 2.16 Billion in 2016 and is projected to reach USD 4.23 Billion by 2021, at a CAGR of 14.38% from 2016 to 2021. The objectives of the study is to analyze the market along with the statistics from 2016 to 2021; to define, describe and forecast the market on the basis of application, business function, end user, and region. The year 2015 is considered to be the base year for market study. 2016 to 2021 is considered as the forecast period for market study.
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To Know More download Sample report
https://www.marketsandmarkets.com/requestsampleNew.asp?id=26274177
Scope of the Report
This research report categorizes the aviation analytics market into the following segments and subsegments:
- By Application
- Fuel Management
- Flight Risk Management
- Revenue Management
- Customer Analytics
- Navigation Services
- Inventory Management
- By Business Function
- Finance
- Operations
- Maintenance & Repaira
- Sales & Marketing
- Supply Chain
- By End User
- Airlines
- Airports
- By Region
- North America
- Europe
- Asia-Pacific
- Middle East
- Rest of the World
To Know More
The aviation analytics market is projected to grow from USD 2.16 Billion in 2016 to USD 4.23 Billion by 2021, at a CAGR of 14.38% from 2016 to 2021. The market exhibits a lucrative growth potential in the coming years, primarily driven by real-time analytics and competitive intelligence. High adoption of analytics in the aviation industry help organizations reduce costs, increase profitability & revenue, and improve performance & maintenance. The market has been segmented based on application, business function, end user, and region.
On the basis of application, the aviation analytics market has been subsegmented by customer analytics, revenue management, flight risk management, fuel management, navigation services, and inventory management among others. The customer analytics subsegment in market is projected to grow at a fastest CAGR during the forecast period.
Key players profiled in the aviation analytics market report include IBM Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), General Electric (U.S.), SAS Institute (U.S.), Ramco International (India), Mu-Sigma (U.S.), Mercator (U.S.), Aviation Analytics (U.K.), Airport Analytics (U.K.) among others. IBM is an eminent player in the analytics market and enjoys unquestionable leading status in the analytics solutions market. It holds many analytics patents and offers various analytics solution that includes aviation analytics to meet the diverse needs of its clients. Also, Oracle Corporation has increased the adoption of cloud-based software which involves integrating its own products such as Oracle Fusion in aviation analytics market. The company intends to offer most of its product offerings through cloud-based platform in market.
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