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Airport Kiosk System Market Size, Key Drivers, Analysis 2023-2033

05-20-2024 08:46 AM CET | Aerospace & Defense

Press release from: The Business research company

Airport Kiosk System Market

Airport Kiosk System Market

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Airport Kiosk System Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2.97 Bn In 2028 At A CAGR Of 9.1% :

The airport kiosk system market size has grown strongly in recent years. It will grow from $1.93 billion in 2023 to $2.10 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to passenger volume growth, operational efficiency, enhanced passenger experience, cost savings, technology advancements, and regulatory compliance.

The airport kiosk system market size is expected to see strong growth in the next few years. It will grow to $2.97 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to digital transformation, COVID-19 impact, enhanced security measures, rising passenger expectations, efficiency and cost savings, regulatory compliance, personalization, and data analytics. Major trends in the forecast period include integration of AI and machine learning, expansion of contactless solutions, multi-functional kiosks, customization and branding, enhanced security features, data analytics for optimization, sustainability initiatives, and cloud-based solutions.

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Airport Kiosk System Market Major Segments
The airport kiosk system market covered in this report is segmented -

1) By Type: Check-in Kiosks, Automated Passport Control Kiosks, Common-use Self Kiosks, Bag Drop Kiosks, Retail Kiosks, Other Types
2) By Component: Hardware, Software, Services
3) By Application: Large Airport, Medium Airport, Small Airport

Key Driver - Increasing Passenger Volume Fuels The Growth Of The Airport Kiosk System Market

The increasing passenger volume is expected to propel the growth of the airport kiosk system market going forward. Passenger volume refers to the total number of people who travel through an airport within a certain period, which is usually measured in days, months, or years. The increase in passenger volume can be attributed to various factors, such as economic growth, population growth, improved transportation infrastructure, and changes in travel preferences. Airport kiosk systems help accommodate high passenger volumes by streamlining check-in processes, reducing wait times, and enhancing the passenger experience. These systems empower travelers to manage their journey independently, contributing to smoother airport operations and customer satisfaction. For instance, in February 2023, according to the International Civil Aviation Organization, a Canada-based specialized agency of the United Nations, the number of air passengers carried in 2022 increased by an estimated 47% compared to 2021, while revenue passenger kilometers (RPK's) increased by around 70% over the same period. Therefore, the increasing passenger volume is driving the growth of the airport kiosk system market.

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Prominent Trend - Revolutionizing Travel With Advanced Biometric Airport Kiosk Systems

Major companies operating in the airport kiosk system market are developing advanced technologies, such as cutting-edge biometric technology, to gain a competitive edge in the market. Biometric technology in kiosk systems uses biometric facial recognition technology to identify travelers as they approach the automated boarding gate, enhancing security and streamlining the boarding process. For instance, in June 2022, Vision-Box, a Portugal-based provider of biometric solutions, introduced the Seamless Kiosk, a biometric technology designed to revolutionize the travel experience. This advanced kiosk streamlines and enhances the travel experience by incorporating top-notch biometric and biographic capture capabilities, automatic height adjustment, intelligent light adjustments, and a sophisticated traveler guidance system. Its primary goal is to improve traveler self-service experiences, streamline identification processes, and bolster security measures. The kiosk boasts a range of features, including a modular design to accommodate various travel document configurations and a barcode reader, ensuring it's a versatile solution for passenger processing.

Airport Kiosk System Market Players
Major companies operating in the airport kiosk system market are RTX Corporation, International Business Machines Corporation, Honeywell International Inc., Fujitsu Ltd., Bollore SE, Amadeus IT Group SA, NCR Voyix Corporation, Toshiba TEC Corporation, Advantech Co Ltd, Société Internationale de Télécommunications Aéronautiques, Materna IPS GmbH, IER Inc., KIOSK Information Systems, Embross Group, Phoenix Kiosk Inc, Meridian Kiosks, Parabit Systems Inc., Olea Kiosks Inc, Wincor Nixdorf International GmbH, Elenium Automation Pty Ltd, Lilitab LLC, Innovative Travel Solutions

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Largest And Fastest Growing Region In The Market
North America was the largest region in the airport kiosk system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport kiosk system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:

1. Executive Summary
2. Airport Kiosk System Market Report Structure
3. Airport Kiosk System Market Trends And Strategies
4. Airport Kiosk System Market - Macro Economic Scenario
5. Airport Kiosk System Market Size And Growth
…..
27. Airport Kiosk System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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