An IoT environment consists of network-enabled smart devices that use entrenched systems such as processors, communication hardware, and sensors for effective communication of data. IoT integrates data from various devices and uses analytics to share valuable information with applications built to address specific needs. With the development of digital technologies, the aviation industry provides unique customer experiences and enhances the productivity of the workforce. Implementation of IoT in the Aviation industry would create numerous opportunities related to enhancement in service delivery.

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Improvement in passenger experience is a major factor driving the growth of the IoT in Aviation market globally. In has been observed that a passenger goes through multiple security checks before boarding a flight, which is not expedient. Therefore, IoT acts as an effective solution to the problem. More than 93% of the passengers carry mobile devices while visiting airports, so IoT sensors can easily connect to mobile devices of the passenger to understand their boarding details and identity. In addition to this, the same information could be shared with security guards along with the analyzed reports of passenger’s luggage.

Moreover, the rising trend of gathering a large volume of data is proliferating the growth of the global IoT in Aviation market during the forecast period. Integration of IoT enables the aviation industry to gather and collect a large volume of data that aid them in discovering new business insights, enhance airplanes system management, and advance operations and safety. Furthermore, the integration of IoT in aviation industry is creating innumerable opportunities for reducing operational costs. Also, IoT technology is efficient in reducing the maintenance costs of more than 35 percent and can reduce equipment downtime by more than 42 percent. With the emergence of the COVID-19 pandemic, the demand for IoT in the Aviation market has drastically increased to cope up with the storage of manual labor and the rising emphasis on minimizing the physical contact with each other. On the other hand, the rising concerns related to data security and privacy can hinder the growth of the global IoT in Aviation market.

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On the basis of end market, the airline segment is expected to register a faster CAGR during the forecast period. As the integration of IoT in airlines would help in resolving most of the passengers’ complaints including, flight delays, loss of baggage, and loopholes in customer service. Through the integration of IoT airlines would also be able to extract the desired information required to rectify and resolve mechanical issues before they occur.

Based on the component, the service segment would witness a faster CAGR due to the increasing demand for professional services such as network management, support service, training, and server management.

On the basis of application, the fleet management segment is witnessing a higher CAGR as the IoT in fleet management provides various benefits such as optimizing maintenance, routing, fuel management, and others.

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On the basis of region, the North America region is expected to grow at a higher CAGR during the forecast period in IoT in Aviation market in 2019. This is attributed to the rising focus of aviation industry toward upgradation of ageing infrastructure and the need for optimizing airport operations. On the other hand, the Asia-Pacific region is expected to dominate the market during the forecast period due to the increasing investment by operators to enhance in-flight connective solutions.

The major key players in the market include Microsoft Corporation, Huawei Technologies Co. Ltd, IBM Corporation, Honeywell International Inc, Arrow Electronics, Inc, Cisco Systems Inc, Amadeus IT Group, Blip Systems, SITAONAIR, and Tata Sons, among others.

Key Developments

• • In October 2018, Cisco Systems Inc, partnered with Abu Dhabi Airports Company (ADAC) to bring digital transformation at UAE’s capital airport. In this partnership, Cisco System Inc, deployed its IoT solutions, which assisted connecting devices and analyses critical data for delivering value to ADAC’s customers and key partners.
  • In May 2018, Honeywell International Inc, partnered with AT&T one of the telecommunication company, in order to provide IoT solutions for aircraft and freight deployments across the world.

The Global IoT in Aviation market has been segmented, based on end market, component, application, and region. Based on end market, the market is segmented into Airlines, Airports, MROs, Manufacturers. Based on component, market is segmented into solution and service. Based on application, market is segmented into Ground Operations, Baggage Tracking, Passenger Processing, Airport Maintenance, Ground Handling, Security & Surveillance, Passenger Experience, In-flight Communication, Asset Management, Aircraft Manufacturing, Fleet Management, Crew Management, Air Traffic Management, Connected Cabin, Personalized Customer Service, and Location-based Navigation & Alerts.

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Key questions answered in this research report:

• • At what pace is the global IoT in Aviation market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global IoT in Aviation market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global IoT in Aviation market?
  • What are the various application areas of the global IoT in Aviation market, and how are they poised to grow?
  • Which Component generated maximum revenues in 2019 and identify the most promising Component during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By End-Market, By Component, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Microsoft Corporation, Huawei Technologies Co. Ltd, IBM Corporation, Honeywell International Inc, Arrow Electronics, Inc, Cisco Systems Inc, Amadeus IT Group, Blip Systems, SITAONAIR, Tata Sons, among others, a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global IoT in Aviation Market by End Market

• • Airlines
  • Airports
  • MROs
  • Manufacturers

Global IoT in Aviation Market by Component

• • Solution
  • IoT Devices
    • Sensors & Actuators
    • Beacons
    • IoT Gateway & Networking Devices
    • Processors
    • Tags
    • Cameras
  • IoT Platforms
    • IoT Solutions
    • Software & Applications
  • Service
  • Managed Services
  • Professional Services

Global IoT in Aviation Market by Application

• • Ground Operations
  • Passenger Processing
  • Baggage Tracking
  • Airport Maintenance
  • Security & Surveillance
  • Ground Handling
  • Location-based Navigation & Alerts
  • Passenger Experience
  • In-Flight Communication
  • Personalized Customer Service
  • Connected Cabin
  • Asset Management
  • Fleet Management
  • Crew Management
  • Aircraft Maintenance
  • Aircraft Manufacturing
  • Air Traffic Management

Global IoT in Aviation Market by Region

• • North America IoT in Aviation Market (Option 1: As a part of the free 25% customization)
    • North America IoT in Aviation Market by End Market
    • North America IoT in Aviation Market by Component
    • North America IoT in Aviation Market by Application
    • US IoT in Aviation Market All-Up
    • Canada IoT in Aviation Market All-Up
  • Europe IoT in Aviation Market (Option 2: As a part of the free 25% customization)
    • Europe IoT in Aviation Market by End Market
    • Europe IoT in Aviation Market by Component
    • Europe IoT in Aviation Market by Application
    • UK IoT in Aviation Market All-Up
    • Germany All-Up IoT in Aviation Market All-Up
    • France IoT in Aviation Market All-Up
    • Spain IoT in Aviation Market All-Up
    • Rest of Europe IoT in Aviation Market All-Up
  • Asia-Pacific IoT in Aviation Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific IoT in Aviation Market by End Market
    • Asia-Pacific IoT in Aviation Market by Component
    • Asia-Pacific IoT in Aviation Market by Application
    • China IoT in Aviation Market All-Up
    • India IoT in Aviation Market All-Up
    • Japan IoT in Aviation Market All-Up
    • Rest of APAC IoT in Aviation Market All-Up
  • ROW IoT in Aviation Market (Option 4: As a part of the free 25% customization)
    • RoW IoT in Aviation Market by End Market
    • RoW IoT in Aviation Market by Component
    • RoW IoT in Aviation Market by Application
    • Brazil IoT in Aviation Market All-Up
    • South Africa IoT in Aviation Market All-Up
    • Saudi Arabia IoT in Aviation Market All-Up
    • UAE IoT in Aviation Market All-Up
    • Rest of world (remaining countries of the LAMEA region) IoT in Aviation Market All-Up

Major Players Operating the IoT in Aviation (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Microsoft Corporation
  • IBM Corporation
  • Cisco Systems Inc.
  • Huawei Technologies Co Ltd.
  • Honeywell International Inc
  • Arrow Electronics, Inc.
  • Amadeus IT Group
  • Blip Systems
  • SITAONAIR
  • Tata Sons