The global intelligent airways transportation system market is anticipated to grow at a significant CAGR during the forecast period. The Intelligent Airways Transportation System (IATS) enables airlines to better manage aviation operations through the use of information technology (IT). The primary purpose of Intelligent Airways Transportation System technology is to give passengers a pleasant flying experience and also ensure their safety.
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Due to Covid-19, many governments instituted temporary quarantines. This had a negative influence on the global intelligent airways transportation system market since it made it more difficult for enterprises developing these technologies to access raw materials. Many of the enterprises that we’re able to locate raw materials had to pay a premium for them. They have no choice but to pass this cost on to airlines in the shape of higher fares.
More and more people are flying to various destinations. In the Intelligent Airways Transportation Industry, this has fueled expansion and opened up new doors. Passenger empowerment system services and solutions are also expanding market. These also have the added benefit of making flying considerably more pleasurable and comfortable.
The global intelligent airways transportation system market cannot fulfil rising passenger and airline demand. Congestion and the high expense of modernising these systems are two challenges that are slowing the industry’s expansion. One of the issues that this business has is providing enough real-time (information that is broadcast as events occur) information to airlines and passengers.
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Market Coverage
- Segment Covered-
o By Components
o By Deployment
o By Technology
- Competitive Landscape: Amadeus IT Holding S.A. (Spain), CISCO Systems Inc. (U.S.), Indra Sistemas S.A. (Spain), International Business Machines Corporation (IBM) (U.S.), NEC Corporation (Japan) and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Intelligent Airway Transportation System Market by Segments
By Components
- Hardware
- Software
By Deployment
- On-Premises
- Cloud
By Technology
- Robotic and artificial intelligence
- Data Science
- Biometric enables self-service
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