While the year 2019 was a mixed bag of innovation for the aviation sector, the year 2020 is promising an exciting and uncertain trend chart. This year, digitalization will have a massive impact on aviation industry. The introduction of technologies like artificial intelligence (AI), internet of things (IoT), and much more will fuel the sector to soar to newer heights. Consequently, the compound annual growth of the sector is forecasted to grow by 46.4 percent from 2019 to 2023. Moreover, with favorable federal aviation regulations (FAA), the industry has sealed a secure future, which will continue to flourish.
That being said, many airline companies have started accumulating advanced aircraft to bring more innovation in 2020. By leveraging cutting-edge features such as biometrics, self boarding, and in-flight connectivity, airlines are in an effort to make flying a comfortable and pleasant experience for passengers. In addition, customization is another rising trend in the aviation landscape. Travellers will have more personalized services while in the process of check-in, bag-drop, security, and immigration.
As a multitude of these trends and developments are set to nurture the growth of aviation space, APAC CIO Outlook has compiled a list of the leading aviation technology solution providers to guide the organizational leaders in harnessing the power of the technology to tackle today’s aviation challenges, reduce workload, and increase efficiencies. This edition brings to you a package of exciting revelations happening in the domain, and tech vendors leveraging their solutions to improve the performance of the burgeoning aviation challenges. To further substantiate the aviation transformation, CIOs have also penned down their insights on the use of several upcoming technologies that have the potential to bring innovation to the space. We hope this issue of the APAC CIO Outlook helps you build the partnership you and your firm needs to foster a technologically-driven business.
We present to you APAC CIO Outlook’s “Top 10 Aviation Technology Companies - 2020.”
