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The defense industry will continue to face several challenges in 2024 as armed forces with limited financial resources worldwide will seek to modernize their equipment. Countering new threats, such as hypersonic missiles and unmanned loitering munitions, requires new operational thinking and technology advancements from the defense industry. This s...

Top growth opportunities in the Aerospace & Defense program area cover the commercial aviation, spacecraft, unmanned systems, and defense markets. Technologies and services often overlap, and industry participants will have opportunities with civilian and military customers in 2023. The commercial aviation industry is on the rebound, with increasin...

This study will benefit those interested in learning about the key digital transformations happening in the physical and cyber security industry, the ongoing technological evolution, and the implications of those. It discusses key aspects of the industry megatrends, and identifies areas of opportunities for the security industry and also the areas ...

This study will benefit those who are interested in learning about the evolving business models in the aerospace, defense, and security industries. This study discusses the key aspects of the transformation of business models in the digital economy and how companies are aligning their strategy to monetize, using digital platforms and flexible busin...

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...

Continued record commercial aircraft production will be slowed slightly by model changes. New, clean sheet of paper models will be unlikely, but major upgrades of existing models will be more prevalent than ever before. However, original equipment manufacturers (OEMs) will have missteps during this process. Second and third tier suppliers will be m...