Press release
Aerospace Artificial Intelligence Market Soars to $5.82 Billion by 2028 | Exclusive Report by 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.โ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - 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.
๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐๐๐๐ซ๐ฌ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐ข๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐ ๐จ๐ง ๐จ๐๐๐๐ซ๐ข๐ง๐ , ๐ญ๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง.
๐๐๐ฌ๐๐ ๐จ๐ง ๐จ๐๐๐๐ซ๐ข๐ง๐ , 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.
๐๐๐ฌ๐๐ ๐จ๐ง ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, 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.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ซ๐๐ ๐ข๐จ๐ง, 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.
โ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/aerospace-artificial-intelligence-market/purchase-options
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ:
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:
๐๐ก๐ ๐๐จ๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ
Spark Cognition
Iris Automation Inc.
General Electric Company
SITA
Thales Groups
International Business Machines Corporation (IBM)
Airbus S.A.S.
Microsoft Corporation
Intel Corporation
โ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/A11337
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ
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.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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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