AI Applications In Aviation Market - Future Estimations and Key Industry Segments till 2023
Rising demand for automation in different industrial sectors and rapid advancements are influencing the development of artificial intelligence technology and widening its scope of application. The report published by Market Research Future (MRFR) has stated that the global AI in aviation market is likely to showcase a whopping CAGR of 46.83%, garnering a revenue of 1014.81 million by 2023. A rise in the demand for process optimization and performance improvement through machine learning using big data in the aviation industry is augmenting the AI in aviation market. Market Segmentation The global AI in aviation market is segmented on the basis of equipment, type, technology, and application. On the basis of type, the AI in aviation market is segmented into hardware, software, and services. The hardware segment is further segmented into processors, network, and memory. The software segment is further sub-segmented into AI platform and AI solution. The services segment is further sub-seg...