IoT in Aviation Market Growth, Trends, and Forecasts

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IN AVIATION MARKET GLOBAL TOP 2000 STRATEGIST
RELY ON US FOR THEIR GROWTH STRATEGIES. KIoNOTWiMn
OAREvia(t/KinoonwleMdgeastrokree.atspbreyquEesnt_
fdreeM_triaalr) ket (Airports, Airlines, MROs,
Manufacturers), Application (Ground Operations,
Passenger Experience, Asset Management, Air
Traffic Management), Component, Region - Global
Forecast to 2025 FREE BROCHURE (/pdfdownloadNew.as
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Pages Report The global IoT in aviation market
by End Market, Application, Component and Region
is projected to grow from USD 593 million in
2019 to USD 1,941 million by 2025 it is expected
to grow at a CAGR of 21.9 from 2019 to
2025. Advancements in wireless network
technologies increased efficiency and
connectivity, and improved passenger experience
are some of the major factors driving the market.
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es segment is expected to be a larger contributor
to the IoT in aviation market od. ology by
airlines reduces some of the most common
complaints in the industry, such as l(o/)st
bags, flight delays, and customer service issues.
For example, Virgin Atlantic started using IoT in
its fleet of Boeing 787 planes and cargo
equipment connected via IoT devices. These
projects resulted in a reduction in
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By end market, the airlin during the forecast
peri The adoption of IoT techn
North America is projected to lead the IoT in
aviation market during the forecast period. North
America is expected to be the largest market for
IoT in aviation during the forecast period. The
global need for optimizing operations at
airports is fueling investments in the area of
IoT, as implementing this technology has the
potential to bring transparency in airport
operations. With increasing passenger traffic and
a fleet size of airlines, airports are required
to make data-driven decisions by leveraging new
technologies such as IoT, AI, and
Blockchain. Additionally, the presence of major
airports and leading IoT in aviation companies in
the US has resulted in high investments in the
field of IoT in North America. Some of these
leading companies include Microsoft Corporation
(US), IBM Corporation (US), Cisco Systems, Inc.
(US), and Honeywell Aerospace (US). Key Market
Players Some of the major players in the IoT in
aviation market include Microsoft Corporation
(US), IBM (US), Huawei (China), Cisco (US), Wind
River (US), Amadeus IT Group (Spain), SITAONAIR
(Switzerland), Honeywell (US), Blip Systems
(Denmark), Tata Sons (India), and Sendum Wireless
Corporation (Canada). These players provide IoT
solutions and platforms to various aviation
companies.
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Scope of the Report
Report Metric Details
Market size available for years 2017?2025
Base year considered 2018
Forecast period 2019?2025
Forecast units Value (USD)
Segments covered End Market, Application, Component, and Region
Regions covered North America, Europe, Asia Pacific, and Rest of the World
Companies covered Microsoft Corporation (US), IBM (US), Wind River (US), Cisco (US), Amadeus IT Group (Spain), SAP SE (Germany), Huawei (China), Honeywell (US), Blip System (Denmark).
This research report categorizes the IoT aviation
market based on end market, application,
component, and region
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By End Market Airports Airlines
(/) MROs Manufacturers
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CAREERS (/CAREER.ASP) CONTACT US
(/CONTACTUS.ASP) Ground Operations Passenger
Processing Baggage Tracking Airport Maintenance
Security Surveillance Ground
Handling Location-based Navigation Alerts
Passenger Experience Personalized Customer
Service In-flight Communication Connected Cabin
Asset Management Fleet Management Crew
Management Aircraft Maintenance Aircraft
Manufacturing Air Traffic Management By
Component IoT Devices Sensors Actuators
Processors Beacons Cameras Tags IoT Gateway
Networking Devices IoT Solutions Software
Applications IoT Platforms Services Managed
Professional By Region North America
Europe Asia Pacific
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ed by the Report enue pockets for the IoT
technology in aviation in the next five years?
players of IoT in the global aviation
market? (/) What are the growth prospects for the
IoT in Aviation market? What are the major
challenges faced by players in the IoT in
aviation market? HOME (/)WhABaOt
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