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Airline Technology Integration Market Trends

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

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Airline Technology Integration Market Trends

The airline technology integration market is rapidly evolving due to the need for airlines to improve operational efficiency, reduce costs, and enhance passenger experience. The integration of different technologies into the airline industry has significantly changed the way airlines operate and interact with customers. This market growth is fuelled by several factors including the increasing demand for air travel, the need to improve operational efficiency, reduce costs, and the growing adoption of new technologies such as IoT, AI & blockchain.

Airports and their customers will benefit from the deployment of airline digital technologies for airlines. The use of digital technologies improves passenger satisfaction. Improved flight management processing is anticipated to result in fewer delays and increased rates of luggage return. End-to-end biometrics are likely to enhance the transit experience for passengers at airports, For the major market players active, these variables are set to generate a wide range of opportunities and help to grow airline technology integration.

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.