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Airline Technology Integration Market Size

Report ID: GMI5874
Published Date: May 2023
Report Format: PDF

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Airline Technology Integration Market Size

Airline Technology Integration Market size valued at USD 20 billion in 2022 and is poised to grow at a 10% CAGR from 2023 to 2032. The market growth is attributed to the technological advancements and improved passenger experience. Rapid advancements in technology, such as AI, Machine Learning (ML), and the Internet of Things (IoT), are driving innovation in the airline industry.

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These technologies can help airlines to consolidate operations, improve safety, and enhance passenger experience. Passengers are increasingly demanding a seamless travel experience from ticket booking to arrival. Technology integration enables airlines to provide passengers with a more personalized, convenient, and efficient experience. Airline technology integration refers to the process of integrating various technologies into the airline industry. Some integrated airline technologies include passenger management, operations management systems, and commercial management systems.

Airline Technology Integration Market Report Attributes
Report Attribute	Details
Base Year:	2022
Airline Technology Integration Market Size in 2022:	USD 20 Billion
Forecast Period:	2022 to 2032
Forecast Period 2022 to 2032 CAGR:	10%
2032 Value Projection:	USD 80 Billion
Historical Data for:	2018 - 2022
No. of Pages:	250
Tables, Charts & Figures:	258
Segments covered:	Technology, Offering, and Deployment, and Region
Growth Drivers:	Rising number of passengers opting for air travel Growing AI integration on airport operations Growing interest on advance infotainment systems in airlines Increasing development of advanced safety systems
Pitfalls & Challenges:	Threat of malicious cyber-attacks High cost of technology

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Implementing new technologies in the airline industry often requires significant upfront investments, especially for smaller airline companies with limited technology budgets for upgrades. The integration of new technologies can be complex and may require significant changes to the existing systems and processes. This can be time-consuming and will disrupt operations, leading to additional training for staff.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of airline technology integration was valued at USD 20 billion in 2022 and will record a 10% CAGR between 2023 and 2032.

The on-premises segment held approximately 67.43% of the market share in 2022 as these solutions & services use predictive and prescriptive analytics applications to enhance performance and reduce costs & downtime.

Airline technology integration market size in North America will witness around 10% CAGR from 2023-2032 as the region owns a developed air transportation infrastructure, and the airlines and airports are continuously investing in upgrading technologies in recent years.

Airbus, Amadeus IT Group SA, Boeing, Collins Aerospace, General Electrics, Honeywell, IBM, L3 Harris Corporation, Lufthansa Technik, Oracle, SAP, Raytheon Technologies Corporation, Sabre, SITA, and Thale Group.