Smart Airport Market Size, Share, Analysis & Industry Growth by 2032

The global smart airport market size was valued at USD 2.29 billion in 2022. The market is projected to grow from USD 4.05 billion in 2023 to USD 11.56 billion by 2030, exhibiting a CAGR of 16.1%. Fortune Business Insights™ mentioned this in a report titled "Smart Airport Market, 2023-2030." The increasing need for real-time data is propelling the growth of the market. The main growth drivers comprise of development in commercial aviation, upgrading of previous airports, the launch of new airports, and growth in the number of green initiatives by the airports.

𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/smart-airport-market-101799

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐏𝐫𝐞𝐬𝐞𝐧𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
• SITA (Switzerland)
• Huawei Technologies Co., LTD. (China)
• Smart Airport Systems (SAS) (France)
• Infax, Inc. (U.S.)
• IBM Corporation (U.S.)
• Honeywell International Inc. (U.S.)
• Thales Group (France)
• Daifuku Co., LTD. (Japan)
• Siemens AG (Germany)
• Amadeus IT Group SA (Spain)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐀𝐈-𝐛𝐚𝐬𝐞𝐝 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐭𝐨 𝐈𝐦𝐩𝐞𝐥 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐥 𝐒𝐢𝐝𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭
On the basis of application, the market is segregated into data visualization, AI/ machine learning, cyber security, anomaly detection, asset/resource management, and others. The AI/machine learning segment is projected to dominate the market and grow with the highest CAGR during the projected period.

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐀𝐝𝐯𝐚𝐧𝐜𝐞 𝐇𝐚𝐫𝐝𝐰𝐚𝐫𝐞 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐢𝐧 𝐀𝐢𝐫𝐩𝐨𝐫𝐭𝐬 𝐟𝐨𝐫 𝐕𝐚𝐫𝐢𝐨𝐮𝐬 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐭𝐡𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
As per the platform, the smart airport market share is divided into hardware systems, data management, and software systems. The hardware segment is projected to hold the largest share during the projected period. The software systems segment will show subsequent growth during the forecast period.

𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝟑.𝟎 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐇𝐨𝐥𝐝 𝐭𝐡𝐞 𝐋𝐚𝐫𝐠𝐞𝐬𝐭 𝐒𝐡𝐚𝐫𝐞 𝐃𝐮𝐞 𝐭𝐨 𝐭𝐡𝐞 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐢𝐧 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐑𝐞𝐠𝐢𝐨𝐧
According to the airport model, the market is divided into Airport 1.0, airport 2.0, airport 3.0, and Airport 4.0. Airport 3.0 is anticipated to drive market growth during the projected period, whereas Airport 4.0 is anticipated to grow with the highest CAGR during the projected period.

𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/smart-airport-market-101799

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
This report covers the synopsis of this market that provides the market analysis, knock of COVID-19, segmentation, drivers, regional insights, competitive landscape, new growth, and presence of achievers in the market. Changes in the market are subjected to demand changes in the forecast period.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 & 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐀𝐢𝐫 𝐏𝐚𝐬𝐬𝐞𝐧𝐠𝐞𝐫 𝐓𝐫𝐚𝐯𝐞𝐥𝐥𝐢𝐧𝐠 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐝 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡
The growing preference for air travel globally is expected to drive the market's growth. In the next ten years, more than 44% of air passenger traffic is anticipated to come from India and China. Governments in their developed countries are looking forward to investing more in smart airports and green airports initiatives to reduce the adverse effects on the environment.
Automated and advanced security systems make easy the process of boarding at airports. The security systems involve the high costs of developing and implementing digitalized systems, and design at the airports would restrain the market growth.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐇𝐨𝐥𝐝 𝐭𝐡𝐞 𝐋𝐚𝐫𝐠𝐞𝐬𝐭 𝐒𝐡𝐚𝐫𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
North America is predicted to hold the largest share in the market growth and will continue to dominate during the projected period. Increasing investments in R&D and the growing number of companies will augment market growth.

Europe's autonomous aircraft market share is anticipated to elevate significantly during the projected period owing to the rising demand from the military sector for combat operations and surveillance applications.

Asia Pacific will witness the fastest growth in the market owing to an increase in the expenditure on developing advanced next-generation products from emerging economies such as India, China, and others.

The Middle East & Africa, and Latin America show moderate growth due to the development of infrastructure for autonomous aircraft.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞-
𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐟 𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐚𝐧𝐝 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐀𝐠𝐞𝐧𝐜𝐢𝐞𝐬 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡
The key players in the market such as Honeywell International Inc., Thales Group, Raytheon Technologies Inc., Cisco Systems, Collins Aerospace, and others. These companies focus on developing and designing advanced autonomous eco-friendly solutions for airports. They are actively participating in collaborating with the government authorities to make smart airports in the respective countries. Furthermore, European agencies have been dynamically designing airports in a decade.

𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/smart-airport-market-101799

𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐁𝐚𝐠𝐠𝐚𝐠𝐞 𝐇𝐚𝐧𝐝𝐥𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞
https://www.fortunebusinessinsights.com/airport-baggage-handling-system-market-108712
𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐁𝐨𝐚𝐫𝐝𝐢𝐧𝐠 𝐁𝐫𝐢𝐝𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/airport-boarding-bridge-market-108200
𝐀𝐢𝐫𝐩𝐨𝐫𝐭 𝐆𝐫𝐨𝐮𝐧𝐝 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭
https://www.fortunebusinessinsights.com/airport-ground-support-vehicle-market-103356

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This release was published on openPR.