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Aviation IoT Market Size Worth $22.51 Billion By 2028 | CAGR: 21.4%: Grand View Research, Inc.


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SAN FRANCISCO, Jan. 20, 2021 /PRNewswire/ The global aviation IoT market size is anticipated to
reach USD 22.51 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a
CAGR of 21.4% from 2021 to 2028. The aviation industry is tectonically shifting toward automated and intelligent systems in line with the continued advances in technology. At this juncture, IoT (internet of things) devices are emerging as crucial devices for the incumbents of the aviation industry to gather real-time data and derive actionable insights.
Key suggestions from the report:
Enhancement of passenger experience and modernization of the existing airport infrastructure are expected to be the crucial factors responsible for the surging deployment of IoT-compatible solutions across the aerospace industry ....

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