The Intelligent Airways Transportation Global Market Report 2023, provides comprehensive information on the intelligent airways transportation market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Intelligent Airways Transportation Market’s Growth:
As per The Business Research Company’s Intelligent Airways Transportation Global Market Report 2023, the global intelligent airways transportation market size is expected to grow from $16.74 billion in 2022 to $18.27 billion in 2023 at a compound annual growth rate (CAGR) of 9.16%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global intelligent airways transportation market size is expected to reach $25.15 billion in 2027 at a CAGR of 8.31%.
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Smart technologies are the key trends gaining popularity in the intelligent airways transportation market. Companies operating in the intelligent airways transportation market are adopting and investing in smart technologies to sustain their position in the market. For instance, in October 2022, Société International de Telecommunications Aéronautiques (SITA), a Switzerland-based information technology services provider company in partnership with Versa Networks launched ITA Connect Go technology. The technology is a multi-tenant edge secure software-defined wide area network (SD-WAN) solution specifically designed for the air transport industry. This technology is a multi-cloud technology that provides virtualized infrastructure and cloud access at airports to ground handlers, several airlines, and other tenants.
The intelligent airways transportation market 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 2022.
The table of contents in TBRC’s intelligent airways transportation market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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