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Smart Airport Market Growth, Competitive Landscape, Driving Factors and Challenges Analysis 2027
Smart Airport Market
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Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Modernization of airport services, increase in demand for biometric solutions at airports, and rise in adoption of smart applications for airside operations are the factors that drive the global smart airport market. However, limited integration capability of various IoT devices hinders the market growth. On the contrary, increase in air passenger traffic, utilization of AI, and trend of wearable devices are anticipated to provide lucrative growth opportunity for the market expansion.
The global smart airport market trends are as follows:
Modernization of airport services
Smart solutions enable smoother and efficient operations, leading to cost savings in airport operations, such as passenger screening. In addition, smart airports can provide real-time information through SMS services, offer check-ins via self-service kiosks, and facilitate automated baggage handling. Smart airport also engages with passengers to provide real-time updates through social media & alerts on personal electronic devices. Moreover, advancements in high-speed wireless network technology and the number of devices enabled with IoT are increasing rapidly. Such rapid modernization of airports is expected to drive the global smart airport market growth.
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Increase in demand for biometric solutions at airports
Technologies such as facial & voice recognition have been introduced for passenger identity, check-ins, and availing boarding passes. Further, rise in demand for smart passenger screening solutions is expected to surge post COVID-19 pandemic in the long term, as airports will strive to maintain vigilance levels. Such adoption of smart & integrated systems is expected to drive the growth of the smart airport market.
Regions covered
North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa
Companies covered
Major players analyzed include Collins Aerospace, IBM Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Sabre Corp., Amadeus IT Group SA, SITA, Honeywell International Inc., Siemens AG, Thales Group, and Indra Sistemas S.A.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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