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11 Nov 2020  |  Global  |  Frost Radar
Frost Radar™: Global Airline IT Market, 2020
A Benchmarking System to Spark Companies to Action–Innovation That Fuels New Deal Flow and Growth Pipelines
The airline information technology (IT) market is a highly fragmented one with numerous start-ups and conglomerates offering various airline IT solutions across geographies. The leading companies in this market have distinguished their products and services from the rest of the market by maintaining a long-term focus in their R&D investment strateg...
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15 Dec 2022  |  Global  |  Market Research
Commercial Aviation First-class Seating Growth Opportunities
Consistent Demand from Economic Powerhouses and Leisure Travelers and Strong Marketing Benefits will Drive Growth
First-class seating is usually feasible on widebody aircraft. The prolonged grounding of this aircraft type by airlines around the world due to the COVID-19 pandemic hindered the growth of this cabin class. Preference for new narrowbody aircraft also increased among airlines. The general trend before the pandemic was already skewed toward the repla...
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11 Nov 2021  |  Global  |  Market Research
Growth Opportunities for Sustainable Technology in Global Commercial Aviation
Environmental, Social, and Governance (ESG) Framework and Long-term Goals to Reduce Emissions Bolster Technology Strategy
The COVID-19 pandemic forced lockdowns and border closures, which subsequently curtailed global travel. Industry revenue in fiscal year (FY) 2020–2021 amounted to $328 billion—the nominal equivalent to revenue generated in FY 2000–2001. Due to grounded aircraft and cancelled flights, the reasons for the shift in passenger behavior, government restr...
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04 Jun 2021  |  Global  |  Market Research
Disruptive Technologies to Propel Aircraft Turnaround Management
Total Integration of Platforms will Transform ROI & Margin of Airport Operations
Aircraft Turnaround Management (ATM) is a critical part of the aviation operational structure. ATM determines the operational success of daily tasks and minimizes or maximizes losses, depending on how well the operations are executed. In the past, this process relied entirely on airlines, with airports only providing the local infrastructure and re...
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05 Jan 2021  |  Global  |  Market Research
Data Integration to Drive Global Total Airport Management (TAM) Market Growth, 2030
Airport Operations are Being Optimized Through Events Prediction and Collaborative Decision Making Based on Real-time Information
The future of airport management will be based on the performance of individual stakeholders; all agents - from landside to terminal and airside - will be brought onto a single platform, which will result in real-time analysis to support decision making. Total airport management (TAM) supports data-driven decision making, holistic KPI management, a...
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14 Dec 2020  |  Global  |  Market Research
Managing Passenger Traffic Amidst Infrastructure Constraints Is Driving Growth of the Airport Passenger Flow Market
Advancements in Internet of Things and Video Analytics will Drive the Adoption of Passenger Flow Solutions
Passenger flow management includes digital solutions that airports use to ensure a seamless passenger experience across touchpoints, reduce wait times, and increase dwell times to improve airports non-aeronautical revenue. Airports had been experiencing an increase in passenger traffic until the COVID-19 pandemic roiled the travel industry. The p...
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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
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...
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20 Jul 2021  |  Global  |  Market Research
Global Airline Digitalization Growth Opportunities
Transforming Traditional Processes and Realizing Digital Benefits to Drive Future Growth Potential of Global Carriers
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...
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05 Oct 2021  |  Global  |  Market Research
Global Airport Airside Operations Growth Opportunities
Digitalization and System Integration Driving Overall Operational Efficiencies
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...
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30 Mar 2020  |  Global  |  Market Research
Global Airline Flight Operations—Optimization Opportunities, 2019
Growth in Airline Passenger Numbers, Shortage of Pilots, and a Focus on Reducing Emissions will Drive Digital Investments
Flight operations are one of the highest cost centers for an airline. In a growing global aviation market, airlines need to continuously optimize their flight operations and asset utilization to attain enhanced revenues and deliver sustainable operations. Optimizing flight operations can also lower operational expenses and minimize harmful environm...
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