Saudi Arabia Aviation Iot Market Size & Outlook, 2023-2030
Related Markets
Saudi Arabia aviation iot market highlights
- The Saudi Arabia aviation iot market generated a revenue of USD 150.1 million in 2023 and is expected to reach USD 870.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 28.5% 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 150.1 million |
| Market revenue in 2030 | USD 870.2 million |
| Growth rate | 28.5% (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, Saudi Arabia accounted for 1.8% 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 Middle East & Africa, UAE aviation iot market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 870.2 million by 2030.
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Aviation IoT Market Scope
Aviation IoT Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tata Communications | View profile | 5001-10000 | Mumbai, Maharashtra, India, Asia | http://www.tatacommunications.com |
| Mahindra & Mahindra Ltd DR | View profile | 61874 | Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, India, 400 018 | https://www.mahindra.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Aptiv PLC | View profile | 154000 | 5 Hanover Quay, Grand Canal Dock, Dublin, Ireland, D02 VY79 | https://www.aptiv.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
Saudi Arabia 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 35.91% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
- Saudi Arabia Aviation IoT Application Outlook (Revenue, USD Million, 2018-2030)
- Ground Operations
- Passenger Experience
- Aircraft Operations
- Asset Management
- Saudi Arabia Aviation IoT End-Use Outlook (Revenue, USD Million, 2018-2030)
- Airport
- Airline Operators
- MRO
- Aircraft OEM
- Saudi Arabia Aviation IoT Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Service
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Target buyers of Saudi Arabia 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 Saudi Arabia aviation iot market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia aviation iot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia aviation iot market size, by application, 2018-2030 (US$M)
Saudi Arabia Aviation IoT Market Outlook Share, 2023 & 2030 (US$M)
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