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Boeing Forecasts Growth in Aerospace Services Market

Boeing Forecasts Growth in Aerospace Services Market

Boeing [NYSE: BA] has released a forecast for aerospace services demand, projecting the need for expansive services over the next 10 years, valued at $2.6 trillion dollars.
The company released its Services Market Outlook today at the Paris Air Show. The outlook shows the tremendous potential for growth in the aerospace services markets Boeing serves, including:

Maintenance, engineering and upgrades
Information services and analytics
Training and professional services

Trends in commercial and government aircraft and services show customers are relying on technology and data to drive smarter business decisions and improve the commercial passenger experience, as well as warfighter safety and effectiveness. Advances in connectivity are also making it easier to predict and respond to the forces that impact the success of aircraft and those they serve.
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