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Emerging Airport Supply Chain Management Market Trends: Innovative Real-Time Updates Revolutionizing Airport Supply Chain Management Shaping the Future of the Industry
Airport Supply Chain Management Market
Airport Supply Chain Management Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a rapid escalation in the market size of airport supply chain management. Its projection is to escalate from $23.51 billion in 2024 to a staggering $25.94 billion in 2025, which signifies a compound annual growth rate (CAGR) of 10.3%. The historic growth trajectory can be linked to modifications in regulatory policies, proliferation of globalization, rising security concerns, economic trends as well as environmental considerations.
How Will the Airport Supply Chain Management Market Size Evolve and Grow by 2029?
The market size of airport supply chain management is predicted to witness a significant increase in the coming years, surging to $41.78 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 12.6%. This anticipated growth during the forecast period can be credited to factors such as the expansion of e-commerce, sustainability initiatives, the integration of big data and analytics, cooperative supply chains, and resilience planning. A few prominent trends for the forecast period encompass digital transformation, the strength of supply chain resilience, shared planning, the incorporation of automation and robotics, and environmentally-friendly and sustainable practices.
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What Drivers Are Propelling the Growth of Airport Supply Chain Management Market Forward?
The expansion of online commerce plays an important role in the augmentation of airport supply chain management. E-commerce, which involves monetary transactions, data exchange, as well as buying and selling commodities and services via a digital network (mainly the internet), relies heavily on cargo planes for the transportation of goods and products. Airport supply chain management acts as a crucial tool in effectively regulating these items. For example, the International Trade Administration, a commerce department based in the US, noted in September 2022, that e-commerce transactions from customers constituted 30% of the overall retail industry in the UK, marking an increase from 20% in 2020, and garnered an yearly e-commerce turnover exceeding $120 billion. Thus, the burgeoning e-commerce activities significantly propel the airport supply chain management market's growth.
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Which Emerging Trends Are Transforming the Airport Supply Chain Management Market in 2025?
Top firms in the airport supply chain management sector are focusing on building innovations such as real-time updates to improve passenger experience by offering informative updates directly via the app. These real-time updates provide timely data without delay as situations happen. An example of this was when Adani Airport Holdings Ltd., an India-based airline and aviation enterprise, introduced a system named aviio in September 2024. The platform is designed to improve airport functioning by supplying immediate data on passenger flow. Furthermore, this platform gives live updates on security checks, waiting times, changes in gates, and baggage status, thereby enriching the passenger's journey. It's a tool intended for cooperation among airport stakeholders and provides security staff with smartphones to access immediate information. Its goal is to smooth out operations and enhance communication between airlines, ground crew, and retail partners.
What Are the Key Segments in the Airport Supply Chain Management Market?
The airport supply chain management market covered in this report is segmented -
1) By Component: Software, Services
2) By Type: Internal Supply Chain, External Supply Chain
3) By Application: Security, Content Management, Logistics, Integration, Collaboration, Gate Management, Performance Management, Business Applications, Other Applications
Subsegments:
1) By Software: Inventory Management Software, Cargo Management Software, Transportation Management Systems (TMS), Warehouse Management Systems (WMS), Freight Management Software, Demand Forecasting Software, Analytics And Reporting Tools
2) By Services: Consulting Services, Implementation And Integration Services, Training And Support Services, Maintenance And Upgrade Services, Supply Chain Optimization Services, Freight Forwarding Services
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Who Are the Key Players Shaping the Airport Supply Chain Management Market's Competitive Landscape?
Major companies operating in the airport supply chain management market are International Business Machines Corporation, Cisco Systems Inc., Siemens AG, Honeywell International Inc., Raytheon Company, QinetiQ Group PLC, Amadeus IT Group SA, Sita, Rockwell Collins Inc., Inform GmbH, Dassault Systèmes SE, Vanguard Software Corporation, Coupa Software Inc., Verizon Connect Inc., Ultra Electronics Holdings PLC, Unisys Corporation, Lockheed Martin Corporation, Indra Sistemas S.A., TAV IT, L3Harris Technologies Inc., Thales Group, Collins Aerospace, Sabre Corporation, GE Aviation, accenture*, Capgemini, Bollore Transport & Logistics, Panalpina World Transport Holding Ltd., Ceva Logistics AG, Geodis
What Geographic Markets Are Powering Growth in the Airport Supply Chain Management Market?
North America was the largest region in the airport supply chain management market share in 2024. The regions covered in the airport supply chain management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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