Search results for: 'revenue forecast'
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26 Oct 2022  |  Global  |  Frost Radar
Frost Radar™: Global Commercial Airline Revenue Management Market—2022
A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines
The global commercial airline revenue management market is mature, registering about $773.9 million in 2021. Frost & Sullivan expects the market to reach $1.0 billion in 2032, moving at a compound annual growth rate (CAGR) of 2.6%. As airlines are adopting digitalization across all operational areas, vendors are upgrading their revenue manageme...
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29 May 2020  |  Global  |  Market Research
Analysis of the Global Airline IT Market, Forecast to 2025
Innovative Implementation of Digital Technologies to Unlock Airline Revenues and Generate Savings of Up to $25 Billion by Improving Operational Efficiencies
Airlines are facing an ever-evolving digital landscape and an increase in expectations from an always-connected passenger. Cloud computing, mobile solutions, machine learning (ML), Blockchain etc. are disrupting numerous traditional processes across industries. Airlines have lagged behind other industries in embracing these digital enablers, but ma...
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29 Jan 2018  |  Global  |  Market Research
Global Commercial Cabin Interiors Market, Forecast to 2025
Narrow-body Linefit and Wide-body Retrofit Programmes Driving Marginal Growth
The aircraft cabin interiors market is increasingly adopting new cabin designs with emphasis on improving the passenger experience and functionality. The $11.55 billion market in 2017 is expected to grow to $12.47 billion in 2025, at a compound annual growth rate (CAGR) of 0.95%, although the revenue trajectory varies by every product segment. The...
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05 Mar 2019  |  Global  |  Market Research
Global Satellite Communication (Satcom) Market Assessment, Forecast to 2025
For Sustainable Growth, Incumbents Must Focus on the Growth Opportunities in IoT/M2M, Aviation, Maritime, and Government Sectors
Incumbent players in the satellite communication market are experiencing challenges in retaining the revenue growth rates due to increased competition from terrestrial networks and excess in-orbit capacities leading to pricing pressures. Satellite communication ecosystem is going through a transformation phase with new entrants planning to offer in...
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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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21 Jul 2021  |  Global  |  Market Research
Global Airport Digitalization Growth Opportunities
Digital Technologies and Data Analytics Drive Transformational Growth
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...
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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
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...
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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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26 Nov 2021  |  Global  |  Market Research
Global Commercial Air Travel Growth Opportunities
Strategic Partnering Among Airlines and Digitalization at Airports will Prove Critical in Maintaining Costs During Recovery from COVID-19’s Impact
Airlines and airports faced a sudden decline in passenger traffic, of high magnitudes. This disrupted the operational cash flow leading to severe liquidity crunch. Airlines & airports had to furlough employees, reduce operations correspondingly, and rely on state aid to ensure financial sustainability during peak periods of the pandemic (2020). Int...
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