Airline technology integration refers to the implementation and coordination of various technological systems and solutions within the airline industry to enhance operational efficiency, improve passenger experience and ensure safety and compliance.
The airline technology integration market consists of sales, by entities (organizations, sole traders and partnerships), of airline technology integration hardware and software solutions and related services that encompass a wide range of technological applications utilized by airlines, airports and related service providers. Airlines use these technologies to streamline operations such as booking, check-in, baggage handling, in-flight services, maintenance and communication among various systems and stakeholders.
The global airline technology integration market was valued at $14,298.57 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 8.00%.
Rising Number Of Air Travel Passengers
During the historic period, the rising number of air travel passengers contributed to the growth of the airline technology integration market. With the increase in passenger numbers, competition among airlines intensified. To stand out, airlines focused on delivering superior passenger experiences. This involved implementing technology for personalized services, in-flight entertainment, real-time flight updates and efficient customer service. Integrating these technologies became essential for meeting and exceeding passenger expectations. For instance, in March 2023, according to the Bureau of Transportation Statistics, a US-based government agency, the number of passengers transported by American airlines surged by 30%, from 658 million in 2021 to 853 million in 2022. Therefore, the rising number of air travel passengers drove the airline technology integration market.
Enhancing Airline Operations With Facial Recognition Technology
Companies in the airline technology integration market are focusing on introducing advanced solutions such as facial recognition technology to enhance operational efficiency. Facial recognition technology in airlines refers to a technological solution that streamlines check-in, security and boarding processes, enhancing efficiency and security measures. For example, in February 2023, Air Canada, a Canada-based airline company, launched the Digital Identification Pilot, which was developed in collaboration with Yoti, a leading provider of digital identity solutions. Yoti's technology focuses on secure identity verification and aims to enhance the passenger experience by allowing travelers to use their digital ID for a seamless check-in process. This initiative is part of a broader trend towards digital identity solutions in the airline industry, facilitating easier and more secure travel experiences for passengers.
The global airline technology integration market is highly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up 6.43% of the total market in 2023.
Airline Technology Integration Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global airline technology integration market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for airline technology integration? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The airline technology integration market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider airline technology integration market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by offering, by deployment and by technology.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the airline technology integration market.
- Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by offering, by deployment and by technology in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for airline technology integration providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Offering: Software; Hardware
- 2) By Deployment: On-Premises; Cloud
- 3) By Technology: Internet Of Things (IoT); Cybersecurity; Artificial Intelligence; Advanced Analytics; Biometrics; Blockchain; Wearable Technology; Other Technologies
- Companies Mentioned: Honeywell International Inc.; SITA (Societe Internationale de Telecommunications Aeronautiques); Thales Group; Sabre Corporation; Raytheon Technologies Corporation
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; airline technology integration indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.