Big Data Analytics in Aerospace & Defense Market

Big Data Analytics in Aerospace & Defense Market Research Report - Global Forecast till 2024
Big Data Analytics in
Aerospace & Defense Market
Research Report - Global
Forecast till 2024
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Copyright © 2017 Market Research Future.
Big Data Analytics in Aerospace & Defense Market Research Report - Global Forecast till 2024
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SAMPLE REPORT
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Copyright © 2017 Market Research Future.
Big Data Analytics in Aerospace & Defense Market Research Report - Global Forecast till 2024
Summary:
Big data analytics refers to the analysis of large volumes of structured and unstructured data to derive
actionable information. Data helps provide a better experience, making the aerospace & defense customer
part of the value chain by understanding what they want.
Market Overview:
Big data analytics refers to the analysis of large volumes of structured and unstructured data to derive
actionable information. Data helps provide a better experience, making the aerospace & defense customer
part of the value chain by understanding what they want. Aerospace & defense organizations, including
militaries and air transport service providers, are using data analytics for predictive maintenance, vehicle
and performance tracking, weather forecasting, route planning, and to increase reliability, improve arrival
times (on-time percentages), streamline and automate processes, increase efficiencies, and save money.
There is increasing deployment of Unmanned underwater vehicles (UUVs) by various nations to
strengthen their defenses which have reflected positively on the growth of the naval vessel MRO market.
These next-generation naval combat systems have gained immense popularity in the navies of multiple
countries such as the US, France, Russia, and the UK where they are used for oceanic warfare to
terminate and discover underwater mines. UUVs require continued MRO services for proper functioning
which induces high demand within the naval vessel MRO market. Increasing investment in naval combat
systems is likely to stimulate the growth of the naval vessel MRO market. The integration of the latest
technologies with naval vessel MRO systems and the growing trend of outsourcing MRO services are
other factors boosting the growth of the market.
Segmentation:
On the basis of solution, the global big data analytics in the aerospace & defense market has been
segmented into predictive maintenance, vehicle and performance tracking, weather forecasting, route
planning, aftermarket, and others.
Based on technology, the global big data analytics in the aerospace & defense market has been
classified as apps and analytics, cloud, computer, infrastructure software, networking, NoSQL,
professional services, SQL, and storage.
By application, the global big data analytics in the aerospace & defense market has been divided into
defense, commercial aerospace, and space. Apart from capturing real-time data from sources such as
mobile devices, social media, sensors, log files, and transactional applications, big data analytics
delivers a wealth and variety of mission-critical data for warfare. The big data techniques used by
businesses to mine databases are being adopted by the military to glean more information from the
many different types of data it collects from drones, automated cybersecurity systems, terrorist
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Big Data Analytics in Aerospace & Defense Market Research Report - Global Forecast till 2024
databases, and many other sources. The technology is expected to help soldiers on the battlefield and
lead to enhancements in areas ranging from software development to vehicle maintenance.
On the basis of deployment mode, the global big data analytics in the aerospace & defense market has
been categorized as on-premise and on-demand. The use of data as a marketable service is emerging
considering its availability and the new service-oriented business models in the aerospace & defense
industry. Data captured from the monitoring of major systems on an aircraft such as engines, avionics,
and electrical can be fed into predictive maintenance models to forecast which parts and skills need to
be deployed when, before failure. Fuel monitoring can be analyzed to make smarter fueling decisions,
be they on the ground or at the procurement officer’s desk. Other data can help ascertain how different
flying conditions affect engine performance and repair priorities. These types of insights are valuable to
airline operators.
Regional Analysis:
Based on region, the global big data analytics in the aerospace & defense market has been segmented
into North America, Europe, Asia-Pacific, and the rest of the world. The North American market is
expected to grow exponentially during the forecast period. Investments by the US government in digital
defense infrastructure are expected to propel market growth in the country. The high level of
sophistication and advancements in technology and high budgets for the US military are expected to
drive the demand for big data analytics.
In Asia-Pacific, the Governments of China, India, and Japan have invested heavily in digital defense
infrastructure, thereby, stimulating market growth in the region.
Competitive Dashboard:
The key players in the global big data analytics in the aerospace & defense market are Cyient (India),
Accenture (Ireland), Airbus Defense and Space (Munich), IBM (US), Teradata Corporation (US),
Amazon (US), Microsoft Corporation (US), Google (US), Cisco Systems (US), SAS Institute (US), and
SAP SE (Germany).
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Big Data Analytics in Aerospace & Defense Market Research Report - Global Forecast till 2024
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Global Big Data Analytics in the Aerospace & Defense Market Research Report: Information by Solution, Technology, Application, Deployment Type, and Region (North America, Europe, Asia-Pacific, Latin America, and Rest of the World) - Forecast till 2024