This Is How Intelligent Airways Transportation System Market Will Grow By 2022 (Technology, Market Size, Growth, Hidden Factors & Players)
December 11, 2019 by Market-NewsFlash
Reporting on Intelligent Airways Transportation System Market’s future with today’s facts
Global Intelligent Airways Transportation Market, By Component (Hardware, Software), By Deployment (On Cloud, On Premises), By Technology (Robotic and artificial intelligence, Data Science, Biometric enables self-service — Forecast 2022
Intelligent Airways Transportation System Market Overview:
Rapid technological advancement is resulting in continuous upgrading of airport equipment to facilitate safety and efficiency of the airways. The intelligent airways transportation system uses information technology in order to manage airway services. Market Research Future (MRFR) has published a report asserting that the global intelligent airways transportation system market is marked to expand remarkably at a CAGR of 11.5% during the forecast period of 2016–2022 and reach the valuation of USD 21.5 Bn by the end of 2022 from USD 11.18 Bn in 2016.
Increasing adoption of advanced technology and rapid development in artificial intelligence technology are majorly aiding in air traffic organization by maintaining the critical elements of airways transportation systems. Growing trend of internet of things and the benefits of intelligent airways transportation system for enhancing security and service quality are contributing to the significant growth of the global intelligent airways transportation system market.
The global intelligent airways transportation system market has been segmented on the basis of component, deployment and technology. Based on component, the intelligent airways transportation system market has been segmented into hardware and software. The hardware segment has been sub-segmented into sensor, display units, closed circuit cameras, networking devices and others.
The software segment has been sub-segmented into backend integration various device. Based on deployment, the intelligent airways transportation system market has been segmented into on-cloud and on-premises. Based on technology, the intelligent airways transportation system market has been segmented into passenger empowerment, smarter baggage solutions, biometric-enabled self-service, data science, robotics and artificial intelligence and others.
The prominent players profiled by MRFR that are operating in the global intelligent airways transportation system market are Amadeus IT Holding S.A. (Spain), Cisco Systems Inc. (the U.S.), Indra Sistemas S.A. (Spain), International Business Machines Corporation (IBM) (U.S.), NEC Corporation (Japan), Rockwell Collins Inc. (the U.S.), Siemens AG (Germany), SITA (Switzerland), Unisys Corporation (the U.S.), Honeywell Corporation Inc. (the U.S.) and others.
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