Global IT Spending Market in the Aviation Industry 2016-2020




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About the IT Spending in Aviation Industry Market

Aviation is a technologically advanced industry and is an early adopter of new solutions and technologies. There is an ongoing effort in aviation to boost operational efciencies while reducing costs. So, IT has become a core component of almost all airport and airline operations, from ticketing to baggage handling to catering.
Modern airlines offer a wide range of services to customers and tenants, and the use of IT helps achieve these targets efficiently. Aviation IT involves monitoring, regulating, and improving airport structures such as airfields, terminals, roadways, people movers, and rails. Such actions ensure the smooth flow of passengers among baggage counters, airplanes, automobiles, rentals, cars, and trucks. The use of IT ensures staff efficiency and enhances the passenger experience inside airport and aircraft premises.

Technavios analysts forecast the global IT spending in aviation industry market to grow at a CAGR of 4.42% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global IT spending in aviation industry market for 2016-2020.

The market is divided into the following segments based on geography:

Technavio's report, Global IT Spending in Aviation Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Amadeus IT Group
Rockwell Collins
Ultra-Electronics Airport Systems

Other prominent vendors
Damarel Systems
Lockheed Martin
Northrop Grumman
PASSUR Aerospace
SAAB Sensis
TravelSky Technology

Market driver
Tracking and tracing abilities
For a full, detailed list, view our report

Market challenge
Increased complexity and cost of implementation
For a full, detailed list, view our report

Market trend
Rise of big data analytics
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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