U.S. Aviation Iot Market Size & Outlook, 2023-2030
U.S. aviation iot market, 2018-2030 (US$M)
Related Markets
U.S. aviation iot market highlights
- The U.S. aviation iot market generated a revenue of USD 2,339.8 million in 2023 and is expected to reach USD 8,887.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 21% 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 2,339.8 million |
| Market revenue in 2030 | USD 8,887.1 million |
| Growth rate | 21% (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, U.S. accounted for 28.1% 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 North America, U.S. aviation iot market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,994.6 million by 2030.
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Aviation IoT Market Scope
Aviation IoT Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 35.27% in 2023. Horizon Databook has segmented the U.S. 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.
- U.S. Aviation IoT Application Outlook (Revenue, USD Million, 2018-2030)
- Ground Operations
- Passenger Experience
- Aircraft Operations
- Asset Management
- U.S. Aviation IoT End-Use Outlook (Revenue, USD Million, 2018-2030)
- Airport
- Airline Operators
- MRO
- Aircraft OEM
- U.S. Aviation IoT Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Service
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Target buyers of U.S. aviation iot market databook
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Our clientele includes a mix of aviation iot market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. aviation iot market , including forecasts for subscribers. This country databook contains high-level insights into U.S. aviation iot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. aviation iot market size, by application, 2018-2030 (US$M)
U.S. Aviation IoT Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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