AVIATION ANALYTICS MARKET AVIATION ANALYTICS MARKET BY END-USER, BUSINESS FUNCTION (FINANCE, OPERATIONS, MAINTENANCE & REPAIR, SALES & MARKETING, SUPPLY CHAIN) APPLICATION (FUEL, FLIGHT RISK, INVENTORY & REVENUE MANAGEMENT, CUSTOMER ANALYTICS, NAVIGATION) - GLOBAL FORECAST TO 2021
The report "Aviation Analytics Market by End-User, Business Function (Finance, Operations, Maintenance & Repair, Sales & Marketing, Supply Chain) Application (Fuel,
Flight Risk, Inventory & Revenue Management, Customer Analytics, Navigation) - Global Forecast to 2021", published by MarketsandMarkets, the market is estimated 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.
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71 - Tables 62 - Figures 134 - Pages
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â– The customer analytics segment is projected to grow at the fastest CAGR The customer analytics segment of the aviation analytics market, by application is anticipated to grow at the highest CAGR during the forecast period. Innovative use of the data combined with analytics can uncover crucial insights needed to satisfy the needs of the customer thereby gaining valuable understanding from the massive volumes of historical data. â– Asia-Pacific region to witness highest CAGR in Aviation analytics market The Asia-Pacific region is expected to experience extensive growth opportunities in the next few years. Rising demand for advanced analytics which are cloud driven and cloud supported, has resulted in the increase in demand for analytics solutions in the region, thereby resulting in increasing investments and technological advancements across various industries verticals. Fast-growing countries such as China and India are rapidly moving towards the adoption of analytics solutions. Customer analytics along with sales & marketing plays a crucial role in the aviation analytics market in this region.
KEY PLAYERS IN MARKET Aviation Analytics Market ■ IBM Corporation (U.S.),
■ Oracle Corporation (U.S.), ■ General Electric (U.S.), ■ SAP SE (Germany)
■ SAS Institute (U.S.)
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