Press release
Intelligent Airways Transportation System (IATS) Market will reach 24000 million USD in2023
The intelligent airways transport system facilitates the use of information technology for managing the services provided by the airways. The airways relies on the radio network and the GPS system for effective implementation of intelligent transportation system. The intelligent airways transportation system is majorly driven by its ability of providing high security for the passengers and high service quality to the customers. The market will also grow with the increase in the adoption of internet of things in the airways system. The growing trends of internet services is also contributing in the growth of intelligent airways transportation system market. The increasing use of airways transport among all modes of transportation has created an effective and timely management of services among others such as passenger empowerment system/ solution. This solution has a potential to offer a new level of customer service experience and also supports to remove the anxiety in the airport terminal.
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Global Intelligent Airways Transportation System (IATS) Market: Forecast by Type / Application / Region
To initiate the following process artificial intelligence and data science are utilized to get the tangible benefits for proper working of airports and airlines. The ability of the systems helps to regulate the air traffic between the destinations and also near airports which therefore help in the growth of intelligent airways transportation market. Whereas, the increasing need for the adoption of intelligent transportation system in airways also helps to increase the customer experience and security by making the travel personalized and smoother by providing end to end service. Raising need of real time information by these intelligent technology is one of the major factor in airports for smooth flow of communication.
The global Intelligent Airways Transportation System (IATS) market is valued at 12400 million USD in 2017 and is expected to reach 24000 million USD by the end of 2023, growing at a CAGR of 11.7% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Intelligent Airways Transportation System (IATS).
This report studies the Intelligent Airways Transportation System (IATS) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Intelligent Airways Transportation System (IATS) market by product type and applications/end industries.
Global Nonferrous Metal Recycling Market:Key Players
Amadeus
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IBM
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Honeywell
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Related Information:
United States Intelligent Airways Transportation System (IATS) Market 2018 Forecast to 2023
Europe Intelligent Airways Transportation System (IATS) Market 2018 Forecast to 2023
North America Intelligent Airways Transportation System (IATS) Market 2018 Forecast to 2023
Asia-Pacific Intelligent Airways Transportation System (IATS) Market 2018 Forecast to 2023
China Intelligent Airways Transportation System (IATS) Market 2018 Forecast to 2023
EMEA Intelligent Airways Transportation System (IATS) Market 2018 Forecast to 2023
Global Intelligent Airways Transportation System (IATS) Market 2018 Forecast to 2023
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