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The artificial intelligence (AI) in aviation market size is forecast to increase by USD 11.69 billion at a CAGR of 65.25% between 2023 and 2028. The aviation industry is witnessing significant advancements with the integration of Artificial Intelligence (AI) technology. Virtual assistants are being increasingly used for quicker check-in processes and customer service, enhancing the overall travel experience. AI is also revolutionizing flight operations through dynamic pricing, which optimizes ticket pricing based on real-time demand and supply analysis. Furthermore, AI-powered computer vision is being employed for surveillance purposes, ensuring system efficiency and timely management of airport infrastructure. However, the high cost associated with AI technology implementation remains a challenge for the aviation sector. Additionally, security concerns surrounding data privacy and potential misuse of AI systems require careful consideration. The skilled labor shortage in the tech industry may also hinder the widespread adoption of AI in aviation. Despite these challenges, the benefits of AI in areas such as training, analysis of data, and improving operational efficiency make it an essential investment for the future of the aviation industry.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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