Pune, India -- (SBWire) -- 06/17/2019 --Increasing shift towards an online platform to fuel demand in the global IoT in Aerospace & Defence market. The market has been witnessing the development of new technology. Fortune Business Insights has announced the publishing of a report, titled "IoT in Aerospace & Defence Market Size, Share and Global Trend By Components (Software Platforms & Service), By End-User (Space Systems, Ground Vehicles, and others) and Geography Forecast till 2025".
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Key players are expected to emphasize integrating Artificial Intelligence in the system. This is anticipated to propel the growth in the global IoT in Aerospace & Defence market, said a lead analyst at Fortune Business Insights.
Top Players List:
- AeroVironment, Inc.
- AT & T
- Elbit Systems
- FreeWave Technologies
- General Atomics Aeronautical Systems
- Honeywell International Inc.
- Northrup Grunman
- Prox Dynamics
- Radisys
- Textron Systems
Integration of internet of things with the system is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, the rising adoption of e-financial services is expected to boost the global market.
Major Segments Mentioned:
- By Components
- By End User
- By Geography
On the contrary, the high cost associated with upgraded technology is a factor that may restrain the global IoT in Aerospace & Defence market.
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Regional Analysis:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to the rising adoption of a sedentary lifestyle in nations such as India and China.
The report also offers insights on the key players operating in the global IoT in Aerospace & Defence market.
Major Table of Content for IoT in Aerospace & Defence Market:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global IoT in Aerospace & Defence Market Analysis, Insights and Forecast, 2014-2025
6. North America IoT in Aerospace & Defence Market Analysis, Insights and Forecast, 2014-2025
7. Europe IoT in Aerospace & Defence Market Analysis, Insights and Forecast, 2014-2025
8. Asia Pacific IoT in Aerospace & Defence Market Analysis, Insights and Forecast, 2014-2025
9. The Middle East and Africa IoT in Aerospace & Defence Market Analysis, Insights and Forecast, 2014-2025
10. Latin America IoT in Aerospace & Defence Market Analysis, Insights and Forecast, 2014-2025
11. Competitive Landscape
12. Company Profile
13. Conclusion
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IoT in Aerospace & Defence Market to Witness Huge Growth by Leading Key Players AeroVironment, Inc., at & T, Elbit Systems, FreeWave Technologies, and Others
IoT in Aerospace & Defence Market Size, Share and Global Trend By Components (Software Platforms & Service), By End User (Space Systems, Ground Vehicles, and others) and Geography Forecast till 2025