Airport IT Market Market | Emerging Technological Growth, Future Growth and Business Opportunities 2032

The advanced IT technologies installed at airports are anticipated to simplify traveling experience of passengers. Now, airports are upgrading their security system with highly advanced and automatic systems which can help to reduce the waiting time of passengers. The increase in demand for eco-friendly systems and security systems is projected to give rise to the demand for green and smart airports in the upcoming years. Government in various countries are designing and developing smart airports in collaboration with key companies.

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Impact of COVID-19 :

➢ The emergence of COVID-19 pandemic has severely affected almost all industries across the world. Furthermore, due to lockdown enforcements and restrictions on movements, it emerged that COVID-19 had a negative impact on airport operation mainly affecting their revenue streams. Travel restrictions and border closures had a debilitating impact on the airports and the aviation component of the tourism industry.

➢ The U.S. and global tech market impacted the growth of the air travel operations and commercial airports, which decreased the market growth by nearly 32.1% in 2021as compared to previous years, due to which ICT spending in major economies such as the U.S. have declined in the first half of 2021, but is expected to recover in the second half.

➢ However, with the outbreak of COVID-19 pandemic, airports are expected to explore more comprehensive passenger wellness screening solutions. There will be additional medical clinics within airports for use by passenger as well as airport and airline employees.

➢ In addition, the airports need to introduce means to control virus transmission. Many steps such as paperless ticketing, automated doors, restroom motion sensors, door less restroom entries are being taken to control the transmission of virus at the airports.

➢ Furthermore, there are strong indications that the current decrease in demand for IT technology and digital solutions will be just a short-term phenomenon. In the medium-to-long run, the impact of COVID-19 on technology may be extremely positive as everyone is forced to embrace new technologies and discover their benefits. Additional investments in digital infrastructure can be expected.

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Major technological development in the airport IT systems market has resulted in reduced operational and investment costs. Furthermore, smart airport IT experts seek new ways of achieving operational efficiency and improve the passenger experience, which is expected to drive the growth of the market during the forecast period.

Key benefits of the report:

➢ This study presents the analytical depiction of the global airport IT market along with the current trends and future estimations to determine the imminent investment pockets.

➢ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global airport IT market share.

➢ The current market is quantitatively analyzed to highlight the growth scenario of the global airport IT market.

➢ Porter's five forces analysis illustrates the potency of buyers and suppliers in the market.

➢ The report provides detailed global airport IT market analysis based on competitive intensity and how the competition will take shape in coming years.

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The AOCC and DCS are the major function of airport IT market, which confirms maximum productivity of an airport with an aid to improved safety protocols, processing automation, high operational efficiency, and providing better passenger check-in & departure (check-out)experience to optimize the airport proceeds.

Leading Market Players

➢ Raytheon Technologies Corporation

➢ SITA, Indra Sistemas

➢ S.A.

➢ Amadeus IT Group SA

➢ Ultra Electronics Holdings PLC

➢ Damarel Systems International Ltd.

➢ Thales Group

➢ Honeywell International, Inc.

➢ Rockwell Collins, Siemens AG

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