Overview and Scope
Intelligent airways transportation (IAT) is the use of advanced technologies and systems to improve various aspects of air transportation, including passenger experience, safety, efficiency, and sustainability.
Sizing and Forecast
The intelligent airways transportation market size has grown strongly in recent years. It will grow from $18.27 billion in 2023 to $19.89 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to early adoption of rfid and barcoding, development of early ai systems, introduction of biometric authentication, emergence of iot in aviation, initial steps in sustainability.
The intelligent airways transportation market size is expected to see strong growth in the next few years. It will grow to $27.33 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to customer expectations and experience, sustainability and green initiatives, cybersecurity and risk management, data analytics and decision-making, market growth and expansion.. Major trends in the forecast period include automation and robotics, iot and connectivity, ai and predictive analytics, smart infrastructure and sensors, biometrics and security, energy efficiency and sustainability..
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/intelligent-airways-transportation-global-market-report
Segmentation & Regional Insights
The intelligent airways transportation market covered in this report is segmented –
1) By Component: Hardware, Software
2) By Technology: Robotic And Artificial Intelligence, Data Science, Biometric Enables Self-Services
3) By Deployment: On Cloud, On Premises
4) By Application: Passenger Empowerment, Smarter Baggage Solutions, Biometric-enabled Self-service, Other Applications
North America was the largest region in the intelligent airways transportation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global intelligent airways transportation market during the forecast period. The regions covered in the intelligent airways transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10447&type=smp
Major Driver Impacting Market Growth
The increasing use of airways transport among all modes of transportation is expected to propel the growth of the intelligent airways transportation market going forward. The increasing use of airways refers to more people choosing air travel as their preferred mode of transportation for both passenger and freight transportation purposes. Intelligent airways transportation provides improved safety, improved efficiency, enhanced customer experience, and saving costs. For instance, in April 2023, according to the International Air Transport Association, a Canada-based trade association of airlines across the globe, in February 2022, the total air traffic has risen 55.5% as compared to 2021. In addition, in 2022, international traffic and domestic traffic rose by 89.7% and 25.2% respectively as compared to 2021. Therefore, increasing the use of airways transport among all modes of transportation is driving the growth of the intelligent airways transport market.
Key Industry Players
Major companies operating in the intelligent airways transportation market report are Amadeus IT Holding S.A., Cisco Systems Inc., Indra Sistemas S.A., International Business Machines Corporation, Nippon Electric Company Limited, Siemens AG, Rockwell Collins Inc., Société International de Télécommunications Aéronautiques, Unisys Corporation, Honeywell International Inc., Zhongxing New Telecommunications Equipment Co. Ltd., Microsoft Corporation, Oracle Corporation, Thales Group Inc., Raytheon Technologies Corporation, Saab AB, L3Harris Technologies Inc., Frequentis AG, ADB SAFEGATE, Northrop Grumman Corporation, Saipher ATC, Lockheed Martin Corporation, Airbus SE, Adacel Technologies Limited, SkySoft-ATM, Threod Systems, Intelcan Technosystems Inc., Leonardo S.p.A., ALTYS Technologies, Skygyuide
The intelligent airways transportation market report table of contents includes:
1. Executive Summary
2. Intelligent Airways Transportation Market Characteristics
3. Intelligent Airways Transportation Market Trends And Strategies
4. Intelligent Airways Transportation Market – Macro Economic Scenario
5. Global Intelligent Airways Transportation Market Size and Growth
….
31. Global Intelligent Airways Transportation Market Competitive Benchmarking
32. Global Intelligent Airways Transportation Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Intelligent Airways Transportation Market
34. Intelligent Airways Transportation Market Future Outlook and Potential Analysis
35. Appendix
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
