Components (Software, Services)
The software segment leads the big data in flight operations market and is poised to retain a revenue share of about 64.5% by 2037. This growth is driven by increasing demand for advanced software solutions providing real-time analytics, predictive maintenance, and other forms of efficient data management. Microsoft introduced Azure Stream Analytics, a software solution that can enable airlines to leverage real-time data through streaming of data in March 2023, further strengthening the role played by software in flight operations. The software solutions will have an important role in enabling aggregation, real-time monitoring, and analytics of data for optimization of flight operations and ensuring passenger safety.
Deployment Mode (Cloud-Based, On-Premises)
The cloud-based segment is likely to account for a 68% share of the big data in flight operations market during the forecast period. Accessible, affordable, and scalable data solutions are driving cloud-based deployments, further propelling market growth. Cloud-based solutions, in particular, enable airlines to save part of the IT infrastructure cost without compromising on high data availability and security standards. Also, big data analytics in real time is a capability supported by cloud platforms to further enhance operational insights and decision-making for flight efficiency. This is one of the latest trends in the aviation sector, with an uptrend in digital transformation where airlines can get advanced analytics capability without the hassle of managing on-premise systems.
Our in-depth analysis of the big data in flight operations market includes the following segments:
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Author Credits: Abhishek Verma
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