Smart Airports Market

Smart Airports Industry worth $8.3 Billion by 2027

The report "Smart Airports Market by System, Application ( Landside, Terminal Side, and Airside), Airport Size ( Small, Medium, and Large), End Market, Airport Technology ( Airport 2.0 , Airport 3.0 and Airport 4.0), Operation and Region - Global Forecast to 2027" The smart airports market size is projected to grow from USD 7.0  Billion in 2022 to USD 8.3 Billion by 2027, at a CAGR of 3.5% from 2022 to 2027. The growing demand for advanced smart solution to cater the increased demand of air-passenger footfall to drive the market.

Browse 204 market data Tables and 62 Figures spread through 245 Pages and in-depth TOC on "Smart Airports Market by System, Application ( Landside, Terminal Side, and Airside), Airport Size ( Small, Medium, and Large), End Market, Airport Technology ( Airport 2.0 , Airport 3.0 and Airport 4.0), Operation and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/smart-airports-market-544.html

Upgrades & Services is expected to account for the largest share in 2022

Based on End Market,  Upgrades & Service segment is projected to lead the smart airports market during the forecast period. Existing systems and solutions are being upgraded with advanced technology and solutions to improve the passenger experience and operational efficiency. The market is being driven by the desire for enhanced maintenance and services to ensure their continued operation.

The Endpoint Devices is projected to dominate market share in the system segment during the forecast period

Based on System, the Endpoint Device segment is projected to dominate the market share during the forecast period. To expedite the screening process, airports use dependable endpoint devices like biometrics, RFID, beacons, and so forth. The customer experience and airport operations have both improved with the deployment of end point devices. Furthermore, improvements in endpoint devices have raised security standards and streamlined airport security checks.

The Airside is projected to dominate market share in the system segment during the forecast period

Based on application, the airside segment is projected to dominate the market share during the forecast period. Smart operations are frequently used at the airside to improve ground staff management and hasten aircraft turnaround. Thus, over the past few years, there has been a growth in demand for smart airside operations solutions, such as sophisticated aircraft parking solutions and cutting-edge maintenance and health monitoring systems.

The medium segment projected to lead smart airports market during the forecast period

Based on airport size, the medium segment is projected to lead the smart airports market during the forecast period. The market is further segmented into small, medium and large. This expansion is connected to the increasing need for the installation of advanced technologies in airports, as well as the increased demand for system modification throughout the world.

The non-aeronautical segment is projected to dominate market share in the operation segment during the forecast period
Based on operation, non-aeronutical segment is projected to dominate the market share during the forecast period. Airports are focusing on targeted digital advertising as well as other initiatives like inventory management and intelligent transport services in order to satisfy consumer expectations and assist the growth of the non-aeronautical segment.

Asia Pacific is expected to account for the largest share in 2022

The smart airports market industry has been studied in North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific accounted for the largest market share in 2022, and North America is projected to witness the highest CAGR during the forecast period. The market for smart airports in the aviation sector is expected to benefit from rising air travel demand. The regions the growth of international tourism, and low-cost flights to developing nations like India are the main factors fueling the increase in passenger traffic in the area. The demand for automated procedures such as baggage handling and self-check-in services will rise as the number of passengers rises. This will support the remarkable rise of smart airports in the Asia-Pacific region, which will support the markets overall expansion.

Major players operating in the smart airports market include SITA (Switzerland), THALES (France), Siemens AG (Germany), Amadeus IT Group SA (Spain), IBM Corporation (US), Cisco Systems Inc. (US), Indra Sistemas S.A. (Spain), Honeywell International Inc. (US), L3Harris Technologies Inc (US).are some of the market players.

Don’t miss out on business opportunities in Smart Airports Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Smart Airports Market Size,  Share & Growth Report
Report Code
AS 2788
PR Published ON
1/4/2023
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Smart Airports Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home