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Smart Airport Industry - Know the Prominent Factors That Will Help in Reshaping the Market Growth | Honeywell International Inc., Huawei Investment & Holding Co., Ltd., International Business Machine Corporation
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A smart airport is an airport that uses technology to improve the passenger experience and airport operations. Smart airports use data analysis to improve efficiency, reduce costs, and improve the passenger experience. They use sensors and other technology to track everything from weather conditions to aircraft movements, and they use this data to improve airport operations. Smart airports also use technology to improve the passenger experience, such as by providing free Wi-Fi, digital wayfinding, and mobile check-in.
Key Trends
There are four key trends in Smart Airport technology:
1. Automation: Automation is a major trend in Smart Airport technology. Automated systems can help reduce costs and improve efficiency by reducing the need for manual labor.
2. Connectivity: Connectivity is another key trend in Smart Airport technology. Connected systems can help improve communication and coordination between different airport systems and stakeholders.
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Key Drivers
There are a few key drivers of the Smart Airport market. Firstly, the increasing need for airport operators to improve operational efficiency and reduce costs is driving the market for smart airport solutions. Secondly, the need to provide a better passenger experience is another key driver, as airport operators look to improve customer satisfaction levels. Thirdly, the increasing focus on security is another key driver, as airports look to improve their security systems and procedures in the wake of recent terrorist attacks. Finally, the increasing adoption of new technologies, such as biometrics and RFID, is also driving the market for smart airport solutions.
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Market Segments
The Smart Airport Market is segmentation is based on system, end user, location, and region. The system segment is further divided into communication & network systems, endpoint devices, data storage, and software & solutions. By end user, the market is segmented into implementation and upgrades & services. By location, it is segmented into landside, airside, and terminal side. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Smart Airport Market report includes players such as Ascent Technology, Inc., Cisco Systems Inc., Honeywell International Inc., Huawei Investment & Holding Co., Ltd., International Business Machine Corporation, Indra Sistemas, S.A., L3Harris Technologies Inc., Raytheon Technologies Corporation, SITA, and Thales Group.
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