Artificial intelligence in Aviation Market Analysis

Offering (Hardware, Software, Services)

Software segment is poised to dominate around 52% artificial intelligence in aviation market share by the end of 2036 driven by the increasing prevalence of investments in AI-based software for its several applications, such as flight operations, surveillance, airport operations, and many more. This AI-based software includes several program interfaces, such as machine learning, vision, language, sensor data, speech, and more.

Additionally, according to a survey, more than 40% of the respondents found that their organization would increase their investments in AI, mainly because of generative AI.

Technology (Machine Learning, Context Awareness Computing, Natural Language Processing, Computer Vision)

The machine learning segment in artificial intelligence in aviation market is estimated to gain a robust revenue share owing to its high capability for performing impossible and complex calculations and the slated demand for big data analytics. Machine learning models can also improve predictive maintenance and crew scheduling.

According to a report, career opportunities would cross 200% in the next 10 years related to machine learning. This technology also allows them to go through historical data and improve their operational efficiency, along with safety enhancements.

Application (Smart Maintenance, Training, Manufacturing, Flight Operations, Virtual Assistants, Dynamic Pricing, Surveillance)

The virtual assistant segment in AI in aviation market is projected to hold the highest influencing segment under the nature of artificial intelligence in aviation industry. The reason behind this impact is the improved performance and efficiency of pilots by eliminating and reducing repetitive tasks such as providing position information, reading wind forecasts, changing radio channels, and many more.

According to a report, more than 76% of companies are predicted to be more productive after using virtual assistance, and more than 60% of professionals can save about 2 or more hours a day using virtual assistance.

Our in-depth analysis of market includes the following segments: