Press release
Airport IT Systems Market Set to Achieve USD 6,754.3 Million by 2032, with a Consistent CAGR of 3.5% and a Flight Plan for Success.
Airport IT Systems
According to MRFR analysis, the Global Airport IT Systems Market is expected to register a CAGR of~3.5% from 2023 to 2032 and hold a value of over USD 6,754.3 million by 2032.
The Global Airport IT Systems Market refers to the worldwide market for information technology (IT) systems and solutions specifically designed and implemented in airports.
Airport IT systems encompass a wide range of technologies and software applications that are used to manage and automate different aspects of airport operations. These systems are used to manage and coordinate various airport operations, such as resource allocation, flight scheduling, gate assignments, and airport capacity management. They help optimize airport resources and ensure smooth operations.
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The COVID-19 pandemic had a significant impact on the Global Airport IT Systems Market. With widespread travel restrictions and reduced passenger demand, airports experienced a significant decline in passenger traffic. This led to a decrease in the need for passenger processing systems, such as self-service kiosks and biometric identification solutions.
Regional Analysis-
North America is typically considered the largest region in the Global Airport IT Systems Market. The region has a well-established aviation industry, including several major international airports. North America has a highly developed airport infrastructure, with major hubs such as Hartsfield-Jackson Atlanta International Airport, Los Angeles International Airport, and John F. Kennedy International Airport.
North America is known for its technological advancements and innovation in various industries, including aviation. The region has been at the forefront of adopting advanced airport IT systems and solutions to enhance operational efficiency, passenger experience, and security.
Market Segmentation-
The Global Airport IT Systems Market has been segmented into system, application and end use.
Based on the system, the market has been segmented into passenger system and non-passenger system.
Based on the application, the market has been segmented into airside and terminal side.
Based on the end use, the market has been segmented into procurement, integration and operation.
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Key Companies in the Airport IT Systems Market include -
Indra Sistemas S.A.
Resa airport data systems
Amadeus IT Group SA
Siemens AG
IBM
ADB Safegate
Ultra-Electronics Holdings
SITA
Embross
Sensus Aero
Honeywell International Inc
Thales Group
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Airport IT Systems Industry Developments -
In May 2023 Indra has launched Indra Air Traffic Inc. in Kansas, aiming to strengthen its position in the US air traffic management sector. The subsidiary will serve clients like the FAA, US Air Force, and US Navy, and will offer advanced ATM technology and solutions.
In June 2023, Indra Australia has provided the Royal Australian Air Force with three Defence Deployable Air Traffic Management and Control Systems (DDATMCS), enhancing global airspace management and rapid deployment. The systems, including deployable 3D medium-range radar, aid in defense, humanitarian, and disaster operations.
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