Global Aviation Iot Market Size & Outlook, 2023-2030

The aviation iot industry worldwide is expected to reach a projected revenue of US$ 36,200.2 million by 2030. A compound annual growth rate of 23.3% is expected of the worldwide aviation iot industry from 2024 to 2030.
Revenue, 2023 (US$M)
$8,332.6
Forecast, 2030 (US$M)
$36,200.2
CAGR, 2024 - 2030
23.3%
Report Coverage
Worldwide

Global aviation iot market highlights

  • The global aviation iot market generated a revenue of USD 8,332.6 million in 2023 and is expected to reach USD 36,200.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 23.3% by 2030.
  • In terms of segment, asset management accounted for a revenue of USD 2,891.5 million in 2023.
  • Passenger Experience is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, France is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 8,332.6 million
Market revenue in 2030USD 36,200.2 million
Growth rate23.3% (CAGR from 2023 to 2030)
Largest segmentAsset management
Fastest growing segmentPassenger Experience
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGround Operations, Passenger Experience, Aircraft Operations, Asset Management

Other key industry trends

  • In terms of revenue, the North America accounted for 33.7% of the global aviation iot market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, France is the fastest growing regional market and is projected to reach USD 859.6 million by 2030.

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Aviation IoT Market Companies

Name Profile # Employees HQ Website

Global aviation iot market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aviation iot market will help companies and investors design strategic landscapes.


Asset management was the largest segment with a revenue share of 34.7% in 2023. Horizon Databook has segmented the Global aviation iot market based on ground operations, passenger experience, aircraft operations, asset management covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Aviation IoT Application Outlook (Revenue, USD Million, 2018-2030)
    • Ground Operations
    • Passenger Experience
    • Aircraft Operations
    • Asset Management
  • Global Aviation IoT End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Airport
    • Airline Operators
    • MRO
    • Aircraft OEM
  • Global Aviation IoT Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Software
    • Service

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Target buyers of Global aviation iot market databook

  • Our clientele includes a mix of aviation iot market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global aviation iot market , including forecasts for subscribers. This global databook contains high-level insights into Global aviation iot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global aviation iot market size, by regions, 2018-2030 (US$M)

Top 10 countries: Aviation iot market size, 2023 (US$M)

Global aviation iot market share, by application, 2023 & 2030 (%, US$M)

Aviation iot market: Opportunity assessment by country

Global aviation iot market, by region, 2023 (US$M)

Global aviation iot market size, by regions, 2018-2030 (US$M)

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