Search results for: 'face digitalization'

The airport digitalization market is a growth market estimated to generate more than $8.52 billion in revenue by 2030. A highly fragmented market, the top five companies contributed approximately 55% to the global revenue market in 2020. This figure is not expected to change significantly over the forecast period (2021–2030). The top companies in t...

The airline digitalization market is a growth market forecast to achieve more than $35 billion in revenue by 2030. It is a highly fragmented market, with the top 15 companies accounting for nearly 26.5% of the market share. This share amount is not expected to change significantly over the forecast period (2021–2030). The markets top companies by e...

12 Jan 2018  |  Global  |  Market Outlook

The Global Impact of Digital Transformation in Commercial Aviation, 2017

Capitalizing on Opportunities in the Emerging Digital Economy for Enriched Business Performance

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Key Issues Addressed Key Benefits

Intense competition in the commercial aviation sector has led industry stakeholders to create new business models to compete heavily on price by limiting margins and improving cost efficiencies. Connected aviation is the central theme around which digital transformation initiatives are evolving to achieve the competitive advantages and differentiat...

18 Dec 2020  |  Global  |  Market Research

Digital Transformation to Drive Growth in the Global Airport Information Technology, 2025

Airports Need to Embrace Digital Transformation to Enhance Passenger Experience and Improve Cost Efficiencies

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Airports need to embrace digital transformation to enhance the passenger experience and improve cost efficiencies. This research service will focus on the global airport information technology market across the various Tiers of airports (5 Tiers in total) and across 6 key regions, Africa, Asia-Pacific, Europe, the Middle East, Latin America, and No...

05 Jan 2018  |  Global  |  Market Research

Digital Transformation in Airports

Technology Disruption Renders Contemporary Solutions Obsolete and Spurs Transformation across Airport Processes

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A number of factors symbolize the struggle airports face in their journey to host the roughly 7 billion passengers that depart from and arrive at an airport every year. Capacity constraints, growing passenger footfalls, stagnant aeronautical revenues and competition necessitate a transformation in business models, operational processes and organiza...

06 Sep 2021  |  Global  |  Frost Radar

Frost Radar™: Global Airport Digitalization Market, 2020

A Benchmarking System to Spark Companies to Action - Innovation That Fuels Growth Pipelines

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The airport digitalization market is fragmented, with numerous start-ups and conglomerates offering IT solutions. Leading companies have distinguished their products and services by developing next-generation technological capabilities, bundling and upselling solutions, and creating cross-industry synergies. The competitive environment, however, is...

23 Sep 2021  |  Global  |  Market Research

Global Commercial Aerospace Digital Solutions Growth Opportunities

Data-centric Next-generation Technologies to Enhance the Future Growth Potential of Commercial Aerospace

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Digitalization is a ubiquitous strategy essential to sustain business and growth in a post-pandemic economy. High penetration and improvement of digital solutions and accompanying hardware have made digitalization affordable and customizable. The commercial aerospace digital solutions market is captured by identifying digital R&D investment and the...

06 Oct 2021  |  Global  |  Market Research

Global Commercial Aerospace MRO Digitization Growth Opportunities

Next-generation Technologies Enable Faster Growth of Commercial Aerospace MRO

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In recent years, the global commercial aerospace maintenance, repair, and operations (MRO) digitization market has registered rising digital solution adoption. With high entry barriers and a small profit margin, the industry is adapting and innovating to survive and thrive amid the COVID-19 pandemic. MRO firms and supporting supply chains have adap...

Aircraft movements in 2019 totaled over 100 million globally. However, this figure dropped by more than 40% in 2020 due to the impact of the COVID-19 pandemic. The crisis severely impacted the fiscal health of the overall aviation sector, with nearly all stakeholders such as airlines, airports, air traffic, and ground handlers facing significant mo...