DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Aviation Analytics Market by End-User, Business Function, Application - Global Forecast to 2021" report to their offering.
The aviation analytics market is projected to grow from USD 2.16 Billion in 2016 to USD 4.23 Billion by 2021, at a CAGR of 14.38% from 2016 to 2021.
The market exhibits a lucrative growth potential in the coming years, primarily driven by real-time analytics and competitive intelligence. High adoption of analytics in the aviation industry help organizations reduce costs, increase profitability & revenue, and improve performance & maintenance. The market has been segmented based on application, business function, end user, and region.
The APAC region is expected to exhibit the highest growth rate in the aviation analytics market, during the forecast period from 2016 to 2021. The region has been witnessing strong growth in aviation industry over the past few years, mainly driven by improvement in operational efficiency, increasing consumer expectations, and the growing pressure of reducing costs across regions. This growth can also be attributed to the increasing middle class population coupled with growth in trade and tourism in emerging countries such as India and China.
The aviation industry analyses and generates insights from various data formats, such as text, video, speech, and images for their businesses. A variety of data models exist for different types of business needs. These data models are integrated with specific types of analytical solutions. The management often lack knowledge on how to analyze the varied dataset generated in order to make their strategic decisions because of the complexity involved in the entire process.
- Airport Analytics (AA+)
- Aviation Analytics Ltd
- Booz Allen Hamilton
- Financial Highlights of the Major Players in the market
- General Electric
- IBM Corporation
- MU Sigma
- Oracle Corporation
- Ramco International
- SAP SE
- SAS Institute
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aviation Analytics Market, By End-User
8 Aviation Analytics Market, By Business Function
9 Aviation Analytics Market, By Application
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
For more information visit http://www.researchandmarkets.com/research/7537hk/aviation