INTELLIGENCE NEWS

MRO Software Market Predicted to Grow Steadily

The global MRO software market in aviation is estimated at $4.08 billion in 2017 and is projected to reach $4.93 billion by 2022, at a CAGR of 3.85 percent from 2017 to 2022. A significant increase in digitalization of MRO activities and the high demand in aviation maintenance software services from MROs are projected to drive the growth of the aviation MRO market. This prediction comes from the report, "MRO Software Market in aviation by Solution (Enterprise Resource Planning (ERP) Solution, Point Solution), Deployment (Cloud Based, On Premises), End User (Airlines, MROs, OEMs), and Region - Global Forecast to 2022." Major players operating in the MRO software market in aviation include AerData (A Boeing subsidiary) (US), HCL Technologies (India), IBM Corporation (US), IFS (Sweden), Oracle Corporation (US), Ramco Systems (India), Rusada (Switzerland). SAP (Germany), Swiss Aviation Software (Switzerland), and Trax (US). MRO software in aviation in the Asia Pacific  projected to grow…

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Every year experts release their thoughts on what the aviation industry, and our segment of it, will do during the coming years. As we have seen time and time again, sometimes they are right. And sometimes they are not. There is always a chance for an unpredictable event such as a terrorist attack,…

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