IoT in Aviation Market Size to Reach USD 4.5 Billion by 2030, Witnessing a CAGR of 18.4% | Intent Market Research

IoT in Aviation Market Achieves USD 4.5 Billion Valuation, Growing at 18.4% CAGR by 2030 | IMR

The aviation industry is undergoing a technological revolution, with IoT (Internet of Things) playing a pivotal role. The IoT in Aviation market was valued at USD 1.4 billion in 2023 and is expected to exceed USD 4.5 billion by 2030, growing at a robust CAGR of 18.4% between 2024 and 2030. This exponential growth reflects the increasing adoption of IoT solutions to improve efficiency, enhance passenger experiences, and optimize operational processes.

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