Airline Technology Integration Market to Hit $80 Bn By 2032, Says Global Market Insights Inc.
Major airline technology integration market participants include Amadeus IT Group SA, Raytheon Technologies Corporation, Sabre, Boeing, L3 Harris Corporation, Collins Aerospace, General Electrics, IBM, Airbus, Lufthansa Technik, SAP, Honeywell, SITA, Thale Group, and Oracle.
Selbyville, Delaware,, June 19, 2023 (GLOBE NEWSWIRE) —
The airline technology integration market valuation is predicted to surpass USD 80 billion by 2032, as reported in a research study by Global Market Insights Inc.
With the increasing complexity of airline operations and the growing demand for seamless passenger experiences, airlines are actively investing in integrated technology solutions. These solutions encompass a wide range of areas, including reservation systems, revenue management, operations control, and customer relationship management. The market is driven by the need for improved operational efficiency, enhanced data analytics capabilities, and personalized passenger services. Key players in the market offer comprehensive end-to-end solutions that enable airlines to streamline their processes, optimize resources, and deliver superior experiences to their customers.
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In terms of deployment, the airline technology integration market is categorized as cloud and on-premises. The cloud segment is expected to witness robust growth in the coming years. Cloud airline technology integration is revolutionizing the aviation industry by providing flexible, scalable, and cost-effective solutions. With the cloud, airlines can streamline their operations, improve efficiency, and enhance passenger experiences.
Cloud-based platforms enable seamless integration of various airline systems, including reservation, revenue management, crew management, and maintenance. They also offer advanced analytics capabilities, allowing airlines to make data-driven decisions and optimize their operations. By leveraging the cloud, airlines can reduce infrastructure costs, enhance security measures, and ensure high availability of services.
Based on the offering, the airline technology integration market is segmented into hardware and software. The hardware segment will observe tremendous growth through 2032. Airline technology integration using hardware plays a crucial role in transforming the aviation industry. From aircraft systems to ground operations, hardware integration ensures seamless connectivity and efficient operations.
Advanced avionics and instrumentation systems enable pilots to monitor critical flight parameters and make informed decisions. Additionally, hardware integration enables the integration of in-flight entertainment systems, Wi-Fi connectivity, and cabin management systems, enhancing the passenger experience. On the ground, hardware integration facilitates efficient baggage handling, automated check-in systems, and self-service kiosks.
On the basis of technology, the airline technology integration market sub-segments are biometrics, AI, IoT, cybersecurity, advanced analytics, wearable technology, and blockchain. The cybersecurity segment will influence the market growth from 2023 to 2032. Airline technology integration using cybersecurity measures is of utmost importance in the modern aviation landscape. With the increasing digitization of airline operations, protecting sensitive data and systems from cyber threats is paramount.
Cybersecurity integration involves implementing robust firewalls, intrusion detection systems, and encryption protocols to safeguard critical airline infrastructure. It also includes employee training programs to promote cybersecurity awareness and adherence to best practices. Furthermore, continuous monitoring and threat intelligence enable proactive identification and mitigation of potential cyber risks.
Some of the players in the global airline technology integration market are Amadeus IT Group SA, Raytheon Technologies Corporation, Sabre, Boeing, L3 Harris Corporation, Collins Aerospace, General Electrics, IBM, Airbus, Lufthansa Technik, SAP, Honeywell, SITA, Thale Group, and Oracle.
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Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Air technology integration market 360º synopsis, 2018 – 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM)
2.3 Regional trends
2.4 Technology trends
2.5 Offering trends
2.6 Deployment trends
Chapter 3 Airline Technology Integration Market Insights
3.1 Impact on COVID-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
3.10.1 Growth drivers
3.10.2 Industry pitfalls & challenges
3.11 Growth potential analysis
3.12 Porter’s analysis
3.13 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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