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)
$36,200.2
CAGR, 2024 - 2030
23.3%
Report Coverage
Worldwide
Global aviation iot market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 8,332.6 million |
| Market revenue in 2030 | USD 36,200.2 million |
| Growth rate | 23.3% (CAGR from 2023 to 2030) |
| Largest segment | Asset management |
| Fastest growing segment | Passenger Experience |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ground 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 Scope
Aviation iot market segmentation & scope
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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Our clientele includes a mix of aviation iot market companies, investment firms, advisory firms & academic institutions.
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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.
Partial client list
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)
Related regional statistics
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