The aviation analytics market size reached USD 2.95 Billion in 2021 and is expected to register a revenue CAGR of 12.0% during the forecast period to the latest analysis by Emergen Research. Increase in air passenger traffic across the globe is a key factor driving revenue growth of the market. Artificial Intelligence (AI) refers to a group of technologies that are excellent at gleaning patterns and insights from vast amounts of data, which are then used to generate predictions based on that knowledge. AI is therefore being utilized to automate the analytics process in order to make it more accessible and efficient due to enhanced user interface provided by natural language processing. Various aviation analytics solutions based on AI platforms are provided by businesses such as SAP SE and Oracle Corporation. Among the market's AI-based analytics options are automation platforms, content management systems, and CRMs. As a result, adoption of AI in data analytics may present a growth potential for the aviation analytics sector. https://www.emergenresearch.com/industry-report/aviation-analytics-market
The aviation analytics market size reached USD 2.95 Billion in 2021 and is expected to register a revenue CAGR of 12.0% during the forecast period to the latest analysis by Emergen Research. Increase in air passenger traffic across the globe is a key factor driving revenue growth of the market. Artificial Intelligence (AI) refers to a group of technologies that are excellent at gleaning patterns and insights from vast amounts of data, which are then used to generate predictions based on that knowledge. AI is therefore being utilized to automate the analytics process in order to make it more accessible and efficient due to enhanced user interface provided by natural language processing. Various aviation analytics solutions based on AI platforms are provided by businesses such as SAP SE and Oracle Corporation. Among the market's AI-based analytics options are automation platforms, content management systems, and CRMs. As a result, adoption of AI in data analytics may present a growth potential for the aviation analytics sector. https://www.emergenresearch.com/industry-report/aviation-analytics-market
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Aviation Analytics Market Size, Share | Industry Forecast by 2030
The global Aviation Analytics market size reached USD 2.95 Billion in 2021 and is expected to reach USD 8.03 Billion in 2030 registering a CAGR of 12.0%. Aviation Analytics market growth is primarily driven owing to rise in volumes of data generation in aviation and increased research and advancements in the field of analytics
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