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- Software-Defined Instruments and Reinvented Business Models to Impact Market Outlook, Communication Test Revenues to Soar
- software as a medical device the new frontier for growth for med tech oems
- software defined vehicle global trends
- revenue is projected to decline by 5.0% in 2023, attributed to the reduced demand for COVID-19-related test
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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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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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19 May 2020  |  Global  |  Market Research
Post-pandemic Growth Opportunity Analysis of the Global Airport & Airline Industry
Operational Efficiency Among Airlines and Next-Generation Digitalization at Airports Will Prove Critical in Maintaining Costs during Recovery
Before the global COVID-19 pandemic hit, the aviation industry had anticipated high passenger volume and aircraft fleet growth over the next decade. Now, however, the industry is suddenly facing a new environment where capacities are reduced and passenger demand is down for the foreseeable future. If the global situation results in prolongs lock-do...
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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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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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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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16 Mar 2022  |  Global  |  Market Research
Growth Opportunities for Global Commercial Aviation Privatization
Customer Centricity and Personalization to Drive Transformational Growth
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...
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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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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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