Flight Data Monitoring Market Share to Soar to $2.42 Billion by 2030, Driven by Safety Innovations and Regulatory Mandates
Global Flight Data Monitoring Market to Reach $2.42 Billion by 2030, Driven by Safety Regulations and Technological Advancements In-depth Analysis Highlights Market Trends, Growth Factors, Segmentation, Regional Insights, Competitive Landscape, and Future Prospects Market Overview & Growth Estimation The Global Flight Data Monitoring Market Share , valued at approximately $1.39 billion in 2023 , is projected to grow at a CAGR of 8.26% , reaching nearly $2.42 billion by 2030 . This growth is driven by increased focus on aviation safety, regulatory mandates, and advancements in data analytics . Flight Data Monitoring (FDM) involves the collection, processing, and analysis of flight data from aircraft to enhance operational efficiency, safety, and compliance . By identifying flight trends and detecting potential risks, FDM plays a critical role in improving pilot training, aircraft maintenance, and overall air safety manageme...