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Aerospace Artificial Intelligence Market Soars to $5.82 Billion by 2028 | Exclusive Report by Allied Market Research

04-25-2024 07:05 PM CET | Aerospace & Defense

Press release from: Allied Market Research

Allied Market Research (AMR) recently published a report in which it predicts the global aerospace artificial intelligence market to reach $5,826.1 million in 2028 with a remarkable CAGR of 43.4% from an estimated market size of $373.6 million in 2020. The forecast years for this analysis are from 2021 to 2028. Furthermore, the report presents a comprehensive analysis of the global aerospace artificial intelligence market, including current trends, pricing factors, market dynamics, industry segmental and regional analysis, and a complete overview of the business environment.

โœ… ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/request-sample/A11337

Factors such as the increase in fuel efficiency through the implementation of artificial intelligence technology and the growing use of artificial intelligence to improve security in airports are driving the growth of the global aerospace artificial intelligence market. However, strict airline regulations and the expensive implementation of AI in the aerospace industry, along with the lack of skilled and qualified staff, could hamper market growth to some extent. Nevertheless, the use of artificial intelligence to ensure the efficient operation and maintenance of aircraft, and the growing customer satisfaction and promotion of the use of dependable cloud software, provide immersive opportunities for market growth in the coming years.

๐“๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ฌ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐ž๐ซ๐จ๐ฌ๐ฉ๐š๐œ๐ž ๐š๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ข๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ , ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง, ๐š๐ง๐ ๐ซ๐ž๐ ๐ข๐จ๐ง.

๐๐š๐ฌ๐ž๐ ๐จ๐ง ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ , the software segment accounted for nearly three-fourths of the total market share in 2020, and is expected to maintain its leadership status during the forecast period. Furthermore, the segment is expected to register the highest CAGR of 45.5% from 2021 to 2028.

๐๐š๐ฌ๐ž๐ ๐จ๐ง ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง, the flight operation segment accounted for the highest share in 2020, contributing to nearly one-third of the total market share in 2020, and is projected to dominate in terms of revenue during the forecast period. In addition, the segment is expected to witness the fastest CAGR of 45.7% from 2021 to 2028.

๐๐š๐ฌ๐ž๐ ๐จ๐ง ๐ซ๐ž๐ ๐ข๐จ๐ง, North America contributed to the largest market share in 2020, accounting for nearly two-fifths of the market, and will maintain its leadership status throughout the forecast period. However, the Asia-Pacific region is expected to grow at the highest CAGR of 46.0% from 2021 to 2028. The report also analyzes regions such as Europe and LAMEA.

โœ… ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/aerospace-artificial-intelligence-market/purchase-options

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐€๐ž๐ซ๐จ๐ฌ๐ฉ๐š๐œ๐ž ๐€๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ฅ๐ฅ๐ข๐ ๐ž๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The competitive analysis in the report offers a further investigation of the top players along with their investments, product offerings, geographical reach, business growth planning, and market dominance. Furthermore, it highlights considerable growth strategies implemented by top companies to stay ahead in the competition in the market, which include partnerships, product/service launches, strategic alliances, and more. Some of the top players profiled in the global aerospace artificial intelligence industry are as follows:

๐“๐ก๐ž ๐๐จ๐ž๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ

Spark Cognition

Iris Automation Inc.

General Electric Company

SITA

Thales Groups

International Business Machines Corporation (IBM)

Airbus S.A.S.

Microsoft Corporation

Intel Corporation

โœ… ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/A11337

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐…๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ

This study presents analytical depiction of the global aerospace artificial intelligence market analysis along with current trends and future estimations to depict imminent investment pockets.

The overall aerospace artificial intelligence market opportunity is determined by understanding profitable trends to gain a stronger foothold.

The report presents information related to key drivers, restraints, and opportunities of the global aerospace artificial intelligence market with a detailed impact analysis.

The current aerospace artificial intelligence market is quantitatively analyzed from 2020 to 2028 to benchmark the financial competency.

Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

https://www.alliedmarketresearch.com/automotive-artificial-intelligence-market - Global Forecast to 2030

https://www.alliedmarketresearch.com/artificial-intelligence-assisted-robots-market-A11354 - Global Forecast to 2023-2032

https://www.alliedmarketresearch.com/artificial-intelligence-transportation-market-A11355 - Global Forecast to 2023-2032

Contact:
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help@alliedmarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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