Australia Aviation Iot Market Size & Outlook, 2023-2030
The aviation iot market in Australia is expected to reach a projected revenue of US$ 517.4 million by 2030. A compound annual growth rate of 26.9% is expected of Australia aviation iot market from 2024 to 2030.
Revenue, 2023 (US$M)
$97.9
Forecast, 2030 (US$M)
$517.4
CAGR, 2024 - 2030
26.9%
Report Coverage
Australia
Australia aviation iot market, 2018-2030 (US$M)
Related Markets
Australia aviation iot market highlights
- The Australia aviation iot market generated a revenue of USD 97.9 million in 2023 and is expected to reach USD 517.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 26.9% from 2024 to 2030.
- In terms of segment, asset management was the largest revenue generating application in 2023.
- Passenger Experience is the most lucrative application segment registering the fastest growth during the forecast period.
Aviation iot market data book summary
| Market revenue in 2023 | USD 97.9 million |
| Market revenue in 2030 | USD 517.4 million |
| Growth rate | 26.9% (CAGR from 2023 to 2030) |
| Largest segment | Asset management |
| Fastest growing segment | Passenger Experience |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ground Operations, Passenger Experience, Aircraft Operations, Asset Management |
| Key market players worldwide | Honeywell International Inc, Tata Communications, Cisco Systems Inc, Huawei Technologies, International Business Machines Corp, Microsoft Corp, Mahindra & Mahindra Ltd DR, Aptiv PLC, SAP SE |
Other key industry trends
- In terms of revenue, Australia accounted for 1.2% of the global aviation iot market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China aviation iot market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 890.2 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 |
|---|
Australia 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 39.33% in 2023. Horizon Databook has segmented the Australia 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.
- Australia Aviation IoT Application Outlook (Revenue, USD Million, 2018-2030)
- Ground Operations
- Passenger Experience
- Aircraft Operations
- Asset Management
- Australia Aviation IoT End-Use Outlook (Revenue, USD Million, 2018-2030)
- Airport
- Airline Operators
- MRO
- Aircraft OEM
- Australia 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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia aviation iot market , including forecasts for subscribers. This country databook contains high-level insights into Australia aviation iot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia aviation iot market size, by application, 2018-2030 (US$M)
Australia Aviation IoT Market Outlook Share, 2023 & 2030 (US$M)
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