What Are the Key Insights On Aviation Analytics Market Size Growth?
The aviation analytics is witnessing a spurt of growth. The market size has grown from $3.37 billion in 2024 to $3.82 billion in 2025, boasting a compound annual growth rate (CAGR) of 13.3%. The surge can be attributed to increased data generation in aviation, emphasis on safety and operational efficiency, rising complexity of airline operations, competition and cost management, and increased demand for enhanced customer experience.
In line with the current growth, the aviation analytics market size is set to see a steep ascent, reaching $6.78 billion in 2029; that’s a CAGR of 15.4%. This growth can be largely attributed to advanced predictive maintenance, greater emphasis on safety analytics, increasing demand for real-time analytics, regulatory compliance, and reporting, market demand for advanced analytics platforms. Sustainability analytics in aviation, regulatory compliance analytics, data collaboration and sharing initiatives, greater integration of the internet of things (IoT), and optimization of air traffic management are some of the major trends expected to steer the growth in the forecast period.
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What Drives the Growth of The Aviation Analytics Market?
The aviation analytics market is being propelled by the rising aviation passenger traffic. Airports are leveraging the power of aviation analytics to gain a comprehensive and coordinated view of their data, leading to simplified passenger traffic management and hassle-free operations. According to the International Air Transport Association (IATA), the total traffic in March 2022 marked a 76% jump from March 2021, underpinning the role of growth in aviation passenger traffic in the aviation analytics market.
What Are the Key Segments Within the Aviation Analytics Market?
– By Component: Services, Solutions
– By Deployment: On-Premise, Cloud
– By Business Function: Finance, Operations, Maintenance And Repair, Sales And Marketing, Supply Chain, Other Business Functions
– By Application: Flight Risk Management, Fuel Management, Rout Management, Fleet Management, Inventory Management, Wealth Management, Inspection, Performance Monitoring, Predictive Analysis, Part Replacement, Supply Chain Planning, Energy Management
– By End User: OEMs, Airlines, Airports, MROs
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Who Are The Major Players in The Aviation Analytics Market?
Key companies operating in the aviation analytics market include IBM Corporation, Ramco Systems, SAP S. E., Swiss Aviation Software, Lufthansa Technik, Honeywell International Inc., Aviation Analytics, Airbus SAS, Boeing Company, Collins Aerospace, Oracle Corporation, General Electric Company, SAS Institute Inc., OAG Aviation Worldwide Limited, Accelya Solutions India Limited, Cirium (LexisNexis Risk Solutions), Hitachi Vantara Corporation, IFS AB, Mu-Sigma, Mercator Aviation Ltd., Wipro Limited, Teradata Corporation, TIBCO Software Inc., Tableau Software, QlikTech International AB, MicroStrategy Incorporated, Information Builders Inc., GoodData Corporation, Alteryx Inc., RapidMiner Inc., Datameer Inc.
What are the Emerging Trends in The Aviation Analytics Market?
Technological advancement in aviation analytics is a trend gaining traction. Airlines and airports are increasingly adopting advanced technologies, with aviation analytics playing a crucial role in automating operations, reducing costs, and enhancing customer satisfaction. For instance, International Air Transport Association (IATA) launched the FuellS in June 2024 – an advanced analytics solution aimed at optimizing airline fuel consumption. The tool helps airlines make informed decisions pertaining to fuel efficiency, cost reduction, and environmental performance.
Which Region Leads in The Aviation Analytics Market?
North America took the lion’s share in the aviation analytics market in 2024, with expectations to remain the fastest-growing region in the forecast period. Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa are some of the key regions covered in the report.
What Does The Aviation Analytics Market Report 2025 Offer?
Aviation analytics refers to a computational technology that enables end-users with insights and statistics derived from past airport operating data, historical flight data, weather predictions, and real-time flight data. It allows for predictive analysis and query processing of large amounts of structured and unstructured aviation data. Aviation analytics comprises specialists from various domains including business process engineering, sales and marketing, and accounting. The Aviation Analytics Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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