Intelligent Airways Transportation Global Market Report 2024

The intelligent airways transportation market has grown strongly in recent years. It will grow from $18.27 billion in 2023 to $19.89 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The expansion observed in the historical period can be attributed to the early adoption of RFID and barcoding, the development of initial AI systems, the introduction of biometric authentication, the emergence of IoT in aviation, and the initial strides in sustainability.

The intelligent airways transportation market is expected to see strong growth in the next few years. It will grow to $27.33 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The anticipated growth in the forecast period can be attributed to customer expectations and experience, sustainability and green initiatives, cybersecurity and risk management, data analytics and decision-making, and market growth and expansion. Prominent trends expected in the forecast period encompass automation and robotics, IoT and connectivity, AI and predictive analytics, smart infrastructure and sensors, biometrics and security, as well as energy efficiency and sustainability.

The anticipated increase in the use of air transport across all modes of transportation is set to drive the growth of the intelligent airways transportation market in the future. The growing preference for air travel, both for passenger and freight purposes, is leading to heightened adoption of intelligent airways transportation solutions. These solutions offer enhanced safety, improved efficiency, better customer experiences, and cost savings. For instance, as of April 2023, the International Air Transport Association reported a significant rise in total air traffic in February 2022, witnessing a 55.5% increase compared to 2021. Moreover, international and domestic traffic experienced growth rates of 89.7% and 25.2%, respectively, in 2022 compared to the previous year. This surge in air travel is a key driver for the growth of the intelligent airways transportation market.

The increasing investment in aviation technologies is expected to further propel the growth of the intelligent airways transportation market. Investment in aviation technologies involves allocating capital and resources towards the research, development, and implementation of technological solutions within the aviation industry. Intelligent Airways Transportation (IAT) benefits from such investments to develop and enhance technologies that bring intelligence and efficiency to air transportation. For instance, in 2022, according to SITA Communication and Data Exchange, an information technology company based in Switzerland, the spending on airlines' IT reached 4.73% of sales, reflecting an increase from 4.66% in 2021. Consequently, the growing investment in aviation technologies contributes to the growth of the intelligent airways transportation market.

Smart technologies are emerging as significant trends gaining popularity in the intelligent airways transportation market. Companies within this sector are actively adopting and investing in smart technologies to maintain their market positions. As an illustration, in October 2022, Société Internationale de Télécommunications Aéronautiques (SITA), an information technology services provider based in Switzerland, collaborated with Versa Networks to introduce the ITA Connect Go technology. This technology, a multi-tenant edge secure software-defined wide area network (SD-WAN) solution, is designed specifically for the air transport industry. ITA Connect Go offers multi-cloud capabilities, providing virtualized infrastructure and cloud access at airports to ground handlers, multiple airlines, and other tenants.

Major companies in the intelligent airways transportation (IAT) industry are adopting a strategic partnership approach to collaborate, share expertise, resources, and manage risks to deliver essential services. Strategic partnerships involve leveraging each other's strengths and resources for mutual benefits. For instance, in October 2022, SITA Communication and Data Exchange partnered with Versa Networks, a US-based software company. This collaboration aims to address the evolving needs of the air transport industry by delivering a tailored Secure SD-WAN solution that enhances connectivity, security, and cost-efficiency. It provides agile, scalable, and secure access to airline systems and applications, connecting infrastructure at outstations and airports to the airline's hybrid cloud infrastructure and partner systems.

In November 2021, Collins Aerospace, a US-based defense and aerospace products manufacturer, acquired FlightAware for an undisclosed amount. This strategic acquisition expands and enriches Collins' connected ecosystem solution capabilities by adding digital flight-tracking solutions, analytics, decision-making tools, and predictive technology. FlightAware, a US-based technology company, is a leading provider of real-time and historical flight information and insights to the global aviation community.

Major companies operating in the intelligent airways transportation market report are Amadeus IT Holding S.A., Cisco Systems Inc., Indra Sistemas S.A., International Business Machines Corporation, Nippon Electric Company Limited, Siemens AG, Rockwell Collins Inc., Société International de Télécommunications Aéronautiques, Unisys Corporation, Honeywell International Inc., Zhongxing New Telecommunications Equipment Co. Ltd., Microsoft Corporation, Oracle Corporation, Thales Group Inc., Raytheon Technologies Corporation, Saab AB, L3Harris Technologies Inc., Frequentis AG, ADB SAFEGATE, Northrop Grumman Corporation, Saipher ATC, Lockheed Martin Corporation, Airbus SE, Adacel Technologies Limited, SkySoft-ATM, Threod Systems, Intelcan Technosystems Inc., Leonardo S.p.A., ALTYS Technologies, Skygyuide.

North America was the largest region in the intelligent airways transportation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global intelligent airways transportation market during the forecast period. The regions covered in the intelligent airways transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the intelligent airways transportation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary components of intelligent airways transportation consist of hardware and software. Hardware refers to the physical components employed to implement and operate the intelligent airways transport system, such as sensors, cameras, communication devices, controllers, and other electronic devices. It plays a crucial role in collecting data, processing information, and facilitating communication with other components within the system. The technologies utilized in intelligent airways transportation include robotics and artificial intelligence, data science, and biometrics, enabling self-services. These technologies are deployed both on-cloud and on-premises, catering to applications such as passenger empowerment, smarter baggage solutions, biometric-enabled self-service, and others.

The intelligent airways transportation software market research report provides intelligent airways transportation software market statistics, including intelligent airways transportation software industry global market size, regional shares, competitors with an intelligent airways transportation software market share, detailed intelligent airways transportation software market segments, market trends and opportunities, and any further data you may need to thrive in the intelligent airways transportation software industry. This intelligent airways transportation software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The intelligent airways transportation market consists of revenues earned by entities by providing services for automated check-in and baggage handling, biometric identification systems, smart boarding gates, real-time tracking of flights and baggage, predictive maintenance of aircraft, and data analytics. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. Intelligent airways transportation also includes sales of biometric identification systems, smart boarding gates, baggage tracking devices, aircraft health monitoring systems, and in-flight entertainment systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.