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Artificial intelligence in Aviation Market Size

  • Report ID: 6107
  • Published Date: Jun 03, 2024
  • Report Format: PDF, PPT

Artificial intelligence in Aviation Market Size

Artificial intelligence in Aviation Market size was over USD 2.1 Billion in 2023 and is poised to reach USD 84 Billion by the end of 2036, growing at around 36% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of artificial intelligence in aviation is estimated at USD 2.8 Billion.

This boost is anticipated by the slated demand for big data analytics, especially in the aerospace industry. According to a report, big data benefits are about 69% better in making strategic decisions, and there is about 54% improvement in the control of operational processes.

Artificial intelligence in Aviation Market Overview
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Author Credits:  Abhishek Verma


  • Report ID: 6107
  • Published Date: Jun 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of artificial intelligence in the aviation market was over USD 2.1 billion.

The market size for the artificial intelligence in aviation market is projected to cross USD 84 billion by the end of 2036 expanding at a CAGR of 36% during the forecast period i.e., between 2024-2036.

The major players in the market are Airbus, Amazon, Lockheed Martin, Thales, Intel, Samsung Electronics, Nvidia, Garmin, IBM, Microsoft, and others.

In terms of offering, the software segment is anticipated to account for the largest market share of 52% during 2024-2036.

The North American artificial intelligence in aviation sector is poised to hold the highest share of 41% by 2036.
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