Artificial Intelligence in Aviation Market is expected to be valued at USD 152.4 Million in 2018 and is likely to reach USD 2,222.5 Million by 2027, at a CAGR of 46.65% during the forecast period.
Artificial intelligence in aviation sort the information and provide the pilot with the best possible options for operation, which is impossible for a human beings to perform. It is an ability of a machine to gather the information to analyze, process and to respond in a directed way. Some of the market drivers included and analyzed in detail for decision maker’s reference include – Increasing adoption of machine learning and NLP technologies for virtual assistance, training applications in the aviation sector, increase in the investments by aviation companies and PE investors, rising adoption of cloud-based applications in Artificial Intelligence in Aviation Market.
The research report evaluates the Global Artificial Intelligence in Aviation Market in a comprehensive and widespread manner by illuminating the significant facets of the market that are anticipated to have a reckonable impact on its growing predictions over the forecast period. The key progressing challenges, drivers, and trends persuading the Global Artificial Intelligence in Aviation Market are surveyed.
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Top Key Players Covered:
Intel, Nvidia, Xilinx, Micron, Samsung Electronics, IBM, Microsoft, Airbus, Amazon, Boeing, GE, Thales, Lockheed Martin, Garmin.
Artificial Intelligence in Aviation Market has been segmented on the basis of technology, offering, application, and geography. Based on offering market is split into Hardware & Software. Technology is divided into Natural Language Processing (NLP), Context, Awareness Computing, Machine Learning, and Computer Vision. Application of the market is Flight Operations, Smart Maintenance, Training, Virtual Assistants, Surveillance, Dynamic Pricing, and Manufacturing. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
The research report on the global Artificial Intelligence in Aviation market offers a complete and accurate analysis of different business perspectives for shaping the future of the businesses. It compiles various aspects of the global market by using research methodologies such as primary and secondary research. For a better understanding of the global Artificial Intelligence in Aviation market, it has presented in a professional manner by including relevant infographics such as tables, charts, graphs, and pictures.
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Global Artificial Intelligence in Aviation Market by Offering:
Global Artificial Intelligence in Aviation Market by Technology:
- Natural Language Processing (NLP)
- Context Awareness Computing
- Machine Learning
- Computer Vision
Global Artificial Intelligence in Aviation Market by Application:
- Flight Operations
- Smart Maintenance
- Virtual Assistants
- Dynamic Pricing
Global Artificial Intelligence in Aviation Market by Geography:
- North America
- Asia Pacific
- Middle East & Africa
- Latin America
In This Study, The Years Considered To Estimate The Size Of Artificial Intelligence in Aviation Market Are As Follows:
- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027
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