Aviation Analytics Market
Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and Industry Forecast, 2017-2023
Introduction • The global aviation analytics market is projected to reach at $7,396 million by 2023, growing at a CAGR of 17.8% from 2017 to 2023. • Continuous growth in the volume of data generated in aviation industry, increase in aviation passenger traffic, and growth in customers centricity drive the growth of the market. • Sales & marketing and finance segments jointly accounted for about 55.73% of the global aviation analytics market in 2016, with the former constituting around 31.40% share. • the finance segment is expected to witness the highest growth, owing to increase in adoption of analytical solutions to minimize revenue leakage in the industry. • • Asia-Pacific is expected to grow at the highest CAGR during the forecast period.
Key Factors of the Market • Increase in adoption rate of analytics solutions and continuous technological advancements in the aviation industry • The rise in focus on competitive intelligence and real time analytical solutions is attributable to the increase in aviation analytics budgets in organizations.
• The aviation analytics solutions also play a prominent role owing to its benefits including minimization of revenue leakage, increase in profits, and efficient and effective financial processes, which allow airlines to perform up to ten times better on key performance indicators. • Rise in focus on competitive intelligence and real time analytical solutions mainly to increase the productivity of business drive the aviation analytics market.
Get PDF Brochure of this market study @ https://www.alliedmarketresearch.com/request-sample/3684
Key Benefits of the Market • The sales & marketing segment is expected to exhibit significant increase in the global aviation analytics market during the forecast period.
• In 2016, the airlines segment accounted for the highest revenue among the other end user in the industry. • Service segment generated the highest revenue in 2016.
• Asia-Pacific is anticipated to exhibit substantial growth during the forecast period.
Market Segmentation
Key Players of the Market • • • • • • • • • •
Oracle Corporation IBM Corporation SAS Institute Inc. SAP SE General Electric Ramco Systems Mu Sigma Mercator Aviation Analytics Ltd Booz Allen Hamilton
For purchase enquiry, visit @ https://www.alliedmarketresearch.com/purchaseenquiry/3684
Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285
Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/aviation-analytics-market
Follow Us On: