Search results for: 'Defense Data Analytics, Machine Learning, and Artificial Intelligence Growth Opportunities'

09 Dec 2022  |  Global  |  Market Research

Impact of 5G in Commercial Aviation, 2022

Upgradation of Communication Networks to 5G will Deliver Significant Future Growth Potential for Aviation Stakeholders

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Industries are adopting nascent next-generation technologies, such as 5G, edge computing, cloud, AI, and robotics. Real-time data visibility, Big Data analytics, and automation address several industry challenges. Low latency, artificial intelligence, and edge computing usage opened multiple avenues for optimizing processes and developing new reven...

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...

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 May 2020  |  North America  |  Market Research

Post-pandemic Growth Opportunity Analysis of the Global Commercial Aircraft Market

Novel coronavirus charts out a new vector for the commercial aerospace industry; new destinations define new opportunities

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Key Issues Addressed

The COVID-19 pandemic has swept the globe, impacting every industry in every country. Few other industries have been disrupted to the magnitude that the global commercial aerospace market has. The current situation dwarfs the turmoil of 2019 as the Boeing 737 MAX grounding saga dragged on. 2020 was going to be a year of reconfiguration that woul...

South America has experienced significant growth in the last 10 years, but it was focused only on specific countries. Driven by the Brazilian market, the continent has experience an influx of new destinations, especially from the North American market. The low average income GDP per capita is a significant deterrent, and the complicated political ...

Saturated air traffic demand in developed regions where aviation penetration is high creates the need for an adjacent market. Globally, the COVID-19 pandemic has forced governments and aviation stakeholders to rethink their strategies and mitigate risks associated with their dependence on international travel and tourism. Airports are considered st...

The privatization trend in aviation has picked up pace globally during the last 2 decades. Historically, a majority of airlines and airports were part of the public sector, and focus remained mostly on providing connectivity and affordability. However, the travel experience was often less prioritized. Changing market dynamics have made the passenge...

16 Dec 2021  |  Global  |  Market Research

Global Air Cargo Growth Opportunities

Increased Focus on Digitalization, Sustainable Operations, and Building Resilient Supply Chains will be the Key to Enhancing Future Growth Potentia

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Key Issues Addressed

This study analyzes the impact of the COVID-19 pandemic on the air cargo industry. It also examines the growth in air cargo between 2020 and 2022 and identifies the trends driving this growth. The impact of past crises on global trade has also been presented. The study also highlights the leading stakeholders in the industry, such as carriers, air ...

Business class revenue was a key growth driver for airlines as they attempted to resurrect from COVID-19 pandemic-related service disruptions. The emergence of the new traveler segment, the luxury leisure traveler, ensured business class cabins remained fully booked throughout the seasonal tourism periods. Overall, passenger preference for privacy ...