Artificial Intelligence (AI) in Aviation Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Germany, UK, France - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 165 SKU: IRTNTR76205

Artificial Intelligence in Aviation Market by Component, Application, and Geography - Forecast 2023 - 2027

The global artificial intelligence in aviation market size is forecast to increase by USD 3.64 billion between 2022 and 2027, accelerating at a CAGR of 43.13%. In 2017, the US held the largest market share, projecting an annual revenue of USD 0.49 billion. The report offers extensive research analysis  on the Artificial Intelligence in Aviation Market with a categorization based on Type, including pure and midcut, long chain, and short chain. It further segments the market by Application, encompassing Airline, Airport operations, Manufacturing, and MRO activities. Additionally, the report provides geographical segmentation, covering North America, Europe, APAC, South America, and Middle East and Africa. Market size, historical data (2017-2021), and future projections are presented in terms of value (in USD million) for all the mentioned segments.

What will be the Size of the Artificial Intelligence In Aviation Market During the Forecast Period?

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 Global Artificial Intelligence in Aviation Market Analysis 

The increasing use of AI for quicker check-in and baggage screening in the aviation industry. AI in the aviation industry is expanding as a result of the growing use of it for quicker check-in and baggage screening. Intrusion observation technologies are frequently utilized as AI systems at airport check-ins to actively differentiate between bags and people. Adopting AI-based solutions enables airport authorities to be informed of examples of unauthorized entry or check-in.

Moreover, the integration of CCTV-AI systems and machine learning models can improve airport security. In X-ray images, an advanced technology that uses AI is capable of identifying prohibited items and displaying warnings on the screen. A few factors are expected to drive the growth of global artificial intelligence in aviation market share in focus during the forecast period.

Artificial Intelligence in Aviation Market Segment Trends

Consumer Goods Segment Dominates the Market

The consumer goods segment was valued at USD 78.42 million in 2017 and continued to grow until 2021. AI-driven customer service tools such as chatbots offer real-time support and streamline passenger interactions. Data Analytics software uses big data to extract information useful for informed decision-making. Few collective solutions empower the aviation sector to operate more intelligently, safely, and effectively, positioning AI as a transformative force in shaping the future of aviation. Such global artificial intelligence in aviation market trends are driving the market growth.

Artificial Intelligence in Aviation Market  - Revenue Share by Consumer Goods Segment, 2017- 2027.   

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North America Holds a Prominent Position in the Artificial Intelligence in Aviation Market

North America is estimated to contribute 45% to the growth of the global market during the forecast period.  In 2022, North America held the highest share of the global artificial intelligence (AI) in aviation market, which can be attributed to the growing use of IoT, big data, and factory automation technologies, as well as the aerospace industry's increasing reliance on data analytics and other cloud-based services and applications.

However, to secure airport perimeters and give airport authorities increased security, US airports implemented AI remote security technology in August 2021. The need for AI in aviation market is also growing due to the implementation of cutting-edge technologies in areas such as baggage screening, passenger identification and maintenance, customer support, facial recognition, and aircraft fuel optimization. These elements are expected to change the outlook for AI in the aviation market in North America during the forecast period.

Artificial Intelligence in Aviation Market Size, By Region, Global, 2017 - 2027.   

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 Artificial Intelligence in Aviation Market Companies Overview

The Artificial Intelligence in Aviation Market is fragmented in nature. Some significant players include Advanced Micro Devices Inc, Airbus SE, Garmin Ltd., General Electric Co., Intel Corp.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

 International Business Machines Corp., Iris Automation Inc., Lockheed Martin Corp., Microsoft Corp., MINDTITAN OU, Mphasis Ltd., Neurala Inc., Northrop Grumman Corp., NVIDIA Corp., Paladin AI, Samsung Electronics Co. Ltd., Searidge Technologies, TAV Technologies, Thales Group, and The Boeing Co.

Segment Overview

The artificial intelligence in aviation market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 - 2027.   

  • Component Outlook
    • Software
    • Hardware
    • Service
  • Application Outlook
    • Airline and airport operations
    • Manufacturing
    • MRO activities
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Argentina
      • Brazil

Artificial Intelligence In Aviation Market Scope

Report Coverage

Details

Page number

165

Base year

2022

Historic period

2017 - 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 43.13%

Market growth 2023-2027

USD 3.64 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

41.95

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 45%

Key countries

US, China, Germany, UK, and France

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Advanced Micro Devices Inc, Airbus SE, Garmin Ltd., General Electric Co., Intel Corp., International Business Machines Corp., Iris Automation Inc., Lockheed Martin Corp., Microsoft Corp., MINDTITAN OU, Mphasis Ltd., Neurala Inc., Northrop Grumman Corp., NVIDIA Corp., Paladin AI, Samsung Electronics Co. Ltd., Searidge Technologies, TAV Technologies, Thales Group, and The Boeing Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Artificial Intelligence In Aviation Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global artificial intelligence in aviation market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global artificial intelligence in aviation market 2017 - 2021 ($ million)
    • 4.2 Component Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Component Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Component

    • 6.1 Market segments
      • Exhibit 30: Chart on Component - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
    • 6.2 Comparison by Component
      • Exhibit 32: Chart on Comparison by Component
      • Exhibit 33: Data Table on Comparison by Component
    • 6.3 Software - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Software - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Software - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Software - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Software - Year-over-year growth 2022-2027 (%)
    • 6.4 Hardware - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Hardware - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
    • 6.5 Service - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Service - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Service - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Service - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Service - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Component
      • Exhibit 46: Market opportunity by Component ($ million)
      • Exhibit 47: Data Table on Market opportunity by Component ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 Airline and airport operations - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Airline and airport operations - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Airline and airport operations - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Airline and airport operations - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Airline and airport operations - Year-over-year growth 2022-2027 (%)
    • 7.4 Manufacturing and MRO activities - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Manufacturing and MRO activities - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Manufacturing and MRO activities - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Manufacturing and MRO activities - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Manufacturing and MRO activities - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Application
      • Exhibit 60: Market opportunity by Application ($ million)
      • Exhibit 61: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Advanced Micro Devices Inc
              • Exhibit 115: Advanced Micro Devices Inc - Overview
              • Exhibit 116: Advanced Micro Devices Inc - Business segments
              • Exhibit 117: Advanced Micro Devices Inc - Key news
              • Exhibit 118: Advanced Micro Devices Inc - Key offerings
              • Exhibit 119: Advanced Micro Devices Inc - Segment focus
            • 12.4 Airbus SE
              • Exhibit 120: Airbus SE - Overview
              • Exhibit 121: Airbus SE - Business segments
              • Exhibit 122: Airbus SE - Key news
              • Exhibit 123: Airbus SE - Key offerings
              • Exhibit 124: Airbus SE - Segment focus
            • 12.5 Garmin Ltd.
              • Exhibit 125: Garmin Ltd. - Overview
              • Exhibit 126: Garmin Ltd. - Business segments
              • Exhibit 127: Garmin Ltd. - Key offerings
              • Exhibit 128: Garmin Ltd. - Segment focus
            • 12.6 General Electric Co.
              • Exhibit 129: General Electric Co. - Overview
              • Exhibit 130: General Electric Co. - Business segments
              • Exhibit 131: General Electric Co. - Key news
              • Exhibit 132: General Electric Co. - Key offerings
              • Exhibit 133: General Electric Co. - Segment focus
            • 12.7 Intel Corp.
              • Exhibit 134: Intel Corp. - Overview
              • Exhibit 135: Intel Corp. - Business segments
              • Exhibit 136: Intel Corp. - Key news
              • Exhibit 137: Intel Corp. - Key offerings
              • Exhibit 138: Intel Corp. - Segment focus
            • 12.8 International Business Machines Corp.
              • Exhibit 139: International Business Machines Corp. - Overview
              • Exhibit 140: International Business Machines Corp. - Business segments
              • Exhibit 141: International Business Machines Corp. - Key news
              • Exhibit 142: International Business Machines Corp. - Key offerings
              • Exhibit 143: International Business Machines Corp. - Segment focus
            • 12.9 Lockheed Martin Corp.
              • Exhibit 144: Lockheed Martin Corp. - Overview
              • Exhibit 145: Lockheed Martin Corp. - Business segments
              • Exhibit 146: Lockheed Martin Corp. - Key news
              • Exhibit 147: Lockheed Martin Corp. - Key offerings
              • Exhibit 148: Lockheed Martin Corp. - Segment focus
            • 12.10 Microsoft Corp.
              • Exhibit 149: Microsoft Corp. - Overview
              • Exhibit 150: Microsoft Corp. - Business segments
              • Exhibit 151: Microsoft Corp. - Key news
              • Exhibit 152: Microsoft Corp. - Key offerings
              • Exhibit 153: Microsoft Corp. - Segment focus
            • 12.11 Mphasis Ltd.
              • Exhibit 154: Mphasis Ltd. - Overview
              • Exhibit 155: Mphasis Ltd. - Product / Service
              • Exhibit 156: Mphasis Ltd. - Key offerings
            • 12.12 Neurala Inc.
              • Exhibit 157: Neurala Inc. - Overview
              • Exhibit 158: Neurala Inc. - Product / Service
              • Exhibit 159: Neurala Inc. - Key offerings
            • 12.13 Northrop Grumman Corp.
              • Exhibit 160: Northrop Grumman Corp. - Overview
              • Exhibit 161: Northrop Grumman Corp. - Business segments
              • Exhibit 162: Northrop Grumman Corp. - Key news
              • Exhibit 163: Northrop Grumman Corp. - Key offerings
              • Exhibit 164: Northrop Grumman Corp. - Segment focus
            • 12.14 NVIDIA Corp.
              • Exhibit 165: NVIDIA Corp. - Overview
              • Exhibit 166: NVIDIA Corp. - Business segments
              • Exhibit 167: NVIDIA Corp. - Key news
              • Exhibit 168: NVIDIA Corp. - Key offerings
              • Exhibit 169: NVIDIA Corp. - Segment focus
            • 12.15 Samsung Electronics Co. Ltd.
              • Exhibit 170: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 171: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 172: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 173: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 174: Samsung Electronics Co. Ltd. - Segment focus
            • 12.16 Thales Group
              • Exhibit 175: Thales Group - Overview
              • Exhibit 176: Thales Group - Business segments
              • Exhibit 177: Thales Group - Key news
              • Exhibit 178: Thales Group - Key offerings
              • Exhibit 179: Thales Group - Segment focus
            • 12.17 The Boeing Co.
              • Exhibit 180: The Boeing Co. - Overview
              • Exhibit 181: The Boeing Co. - Business segments
              • Exhibit 182: The Boeing Co. - Key offerings
              • Exhibit 183: The Boeing Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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