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Global Airline Digitalization Gains Traction, Thanks to Digital Technologies and Data Analytics
From a regional perspective, is expected to remain the largest revenue contributor in 2030, while will be the fastest-growing region. Legacy airlines that were in various phases of migrating their workloads to the cloud before the pandemic are expected to continue once the industry begins recovering. New airlines and start-ups bypass legacy infrastructure in favor of open architecture and cloud computing.
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"Developments among technology companies, travel start-ups, and other stakeholders in the travel ecosystem are changing the landscape for airline digitalization," said Senior Research Analyst, Aerospace & Defense Practice at Frost & Sullivan. "In the coming decade, technology giants are projected to play a major role in enabling workload migration to cloud infrastructure for airlines and major airline IT providers. Niche start-ups utilizing next-generation technology to solve specific airline challenges are gaining traction in the industry."
Abhilash added: "The development and implementation of next-generation technologies, rapid advances in consumer technology, and utilization of internet of things (IoT), Big Data, and machine learning (ML) to collect and analyze large amounts of data are transforming processes in the industry."
Increased focus on digitalization, hardware improvements, cost reduction for software services, and as-a-service business models present lucrative growth prospects for airline digitalization market participants, including:
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