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News  ›  GlobeNewswire Inc.

$1.88 Bn Digital Aerospace MRO Markets, 2020-2025, 2025-2030F, 2035F: Opportunities in Adoption of AI and IoT for Predictive Maintenance, Blockchain for Traceability, and Cloud-based Suites

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Researchandmarkets.Com
$1.88 Bn Digital Aerospace MRO Markets, 2020-2025, 2025-2030F, 2035F: Opportunities in Adoption of AI and IoT for Predictive Maintenance, Blockchain for Traceability, and Cloud-based Suites

The global digital aerospace MRO market is experiencing rapid expansion, projected to grow from $1.02 billion in 2025 to $1.88 billion by 2030 at a 12.8% CAGR. Key growth drivers include AI and IoT adoption for predictive maintenance, blockchain for traceability, and cloud-based platforms. North America leads the market, with major players innovating in digital solutions to minimize aircraft downtime amid rising global air traffic.

Insights
IBM   positive

Listed as a key market player in the expanding digital aerospace MRO sector, benefiting from growing demand for AI and advanced digital solutions.