This report identifies key demand-side trends in the Aerospace and Defense industry that can help enterprises fine-tune their digital strategies. It also provides an overview of enterprise challenges in this space based on Avasant’s assessment.
Why read this Market Insights?
Aerospace and Defense enterprises are responding to industry demands by advancing sustainable aviation through R&D in cleaner propulsion systems and adopting zero-emissions technologies such as hydrogen-powered engines. They are enhancing supply chain resilience using AI, blockchain, and digital threads while integrating predictive analytics and reshoring strategies to address geopolitical risks. Additionally, they are investing in advanced cybersecurity frameworks, generative AI, and quantum computing for innovation and operational efficiency while modernizing their workforce with AR/VR and AI-driven training to address the skills shortage. Aerospace and Defense companies collaborate with service providers for digital transformation, which requires strong technological expertise and delivery capabilities.
The Aerospace and Defense Digital Services 2024 Market Insights™ helps enterprises in this sector identify important market trends and challenges for any digital project they participate in.
Methodology
The industry insights presented in this report are based on the following: our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–7)
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- Scope of coverage
- Executive summary
- Avasant recognizes 18 top-tier service providers supporting the Aerospace and Defense industry in digital transformation
Demand-side trends (Pages 8–14)
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- Aerospace and Defense companies are accelerating the shift toward sustainable aviation through innovation and collaboration.
- Building resilient supply chains amid global disruptions is helping Aerospace and Defense enterprises address vulnerabilities in sourcing, logistics, and supplier dependencies.
- Aerospace and Defense firms are adopting cutting-edge solutions such as AI, robotics, and digital twins to revolutionize Maintenance, Repair, and Overhaul (MRO) operations.
- Rising cyber threats are driving strategic investments in cybersecurity and defense technologies in the Aerospace and Defense industry.
- The enterprises are harnessing generative AI and quantum computing for innovation in the Aerospace and Defense industry.
- Companies are enabling advanced Aerospace and Defense systems to achieve workforce modernization to address the talent gap.
Key contacts (Page 15)
Read the Research Byte based on this report. Please refer to Avasant’s Aerospace and Defense Digital Services 2024 RadarView™ for detailed insights on the service providers and supply-side trends.