From a regional perspective, Asia Pacific is expected to continue to be the top revenue driver in 2030, while North America will be the fastest growing region with legacy airlines that were at various stages of workload migration to the cloud before the pandemic , will continue even after the pandemic – the industry is beginning to recover. New airlines and startups will prioritize open architecture and cloud computing and bypass legacy infrastructure.
“Developments among technology companies, travel start-ups, and other stakeholders in the travel ecosystem are changing the outlook for airline digitization,” he said. Abilash Barkey Abraham, Senior Research Analyst in Aerospace and Defense Operations at Frost & Sullivan. “In the next decade, technology giants are projected to play a major role in enabling airlines and major airlines’ IT providers to migrate their workloads to cloud infrastructure. Nitch start-ups that use next-generation technology to solve airline challenges are gaining attention in the industry. “
Abhilash said: “Development and implementation of next-generation technologies, rapid advances in consumer technology, and the use of the Internet of Things (IoT), big data, and machine learning (ML) to collect and analyze large amounts of data are transforming processes. In the industry. “
The increasing attention to digitization, hardware expansions, cost savings for software services and business models as services offer growth prospects for the benefit of the market participants in the digitization of airlines, including:
Destruction management and fuel optimization to improve operational efficiency:
Digital solutions help reduce the financial losses from irregular operations by about 50% and create a large target market for digital solution providers.
Big data platform to enhance operations and merchandising:
Data platforms integrated into the existing infrastructure improve the segmentation methods and marketing strategies of airlines.
Cybersecurity for robust operational resilience:
Blockchain technology can be implemented in various use cases, such as, secure identity management, secure data tokenization, intelligent contracts for aircraft maintenance and optimized authentication.
Migrate workloads to the cloud for scalability and cost efficiency:
In addition to core infrastructure and migration services, providers and system integrators need to build a portfolio of digital services so airlines can choose a solution when their needs change.
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