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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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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 ...

The global commercial avionics market is focusing on the improvement of flight operations, which will boost the safety and the efficiency offered by airlines. This Frost & Sullivan study analyzes the global market and provides a 10-year forecast from 2020 to 2030. The total market was worth $34.90 billion in 2020 and, considering the impact of the ...

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...

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 ...

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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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...

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...

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...

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...

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...