Global IoT In Aviation Market Size, Industry Trends, Share and Forecast to 2027

The global IoT in aviation market size was accounted for USD 590 million in 2018 and expected to register a significant CAGR of 20.2% during the forecast period 2020 to 2027. Increasing application of IoT in Aviation is one of the key factors to drive the market growth globally. In 2018, Huawei Technologies has launched a Smart Airport Solution 2.0 Consisting of IoT and visualized security, service and operational processes.

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The market is segmented on the basis of component, application, end-user, and region. On the basis of the end-user, the airport segment is expected to lead the market during the forecast period. Many airport officials are moving to smarter airports to improve their passenger handling capacity. This has impacted demand for IoT technologies such as queuing solutions, luggage tracking, biometric security checks, and passenger management. By region, North America was accounted to hold the largest IoT in aviation market share in 2019.

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The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

According to Research Corridor, this study will provide in-depth analysis of segments on the basis of current trends, market dynamics and country level analysis of iot in aviation industry. This report provides market estimates and forecast for the period 2018-2027, along with respective CAGRs for each segment and regional distribution for the period 2020-2027. In depth analysis of competitive landscape, porter's five forces model, value chain analysis, and pricing strategies are also covered in the report scope.

Historical & Forecast Period

2018 - Historical Year for iot in aviation Market
2019 - Base Year for iot in aviation Market
2020-2027 - Forecast Period for iot in aviation Market

The iot in aviation market report offers a primary overview of the iot in aviation industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the iot in aviation industry.

IoT In Aviation Market Segmentation:

By Component:

IoT Hardware
IoT Software

By Application:

Ground Operations
Asset Management
Passenger Experience
Air Traffic Management

By End-User:

Airlines
Airports
MROs
Manufacturers

List of Key Companies:

IBM
Microsoft Corporation
Wind River
Amadeus IT Group SA
Cisco
SAP SE
Huawei Technologies Co., Ltd.
Honeywell International Inc.

Geographic Coverage:

North America
Europe
Asia-Pacific
Rest of The World

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