Global Airline IoT Market was valued $XX Mn in 2019 and is expected to reach $XX Mn by 2026, at a CAGR of XX% during the forecast period.
Global Airline IoT Market Introduction
The age of connectivity and big data is directly influencing, and changing, the entire spectrum of aviation services, including transportation, business / personal travel, cargo, and soon-to-be autonomous unmanned aircraft. IoT functionality enables airlines and airplane manufacturers to monitor planes in near real-time for critical events. The data gathered over numerous flights can be analyzed to determine long-term patterns. Reliable, secure connectivity enables the ideal solution. By using big data IoT analytics, airlines can lower fuel consumption (and costs) by up to two percent per year.