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Soaring Demand Set to Propel Airport Kiosk System Market to $3.24 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Airport Kiosk System Market Through 2025?
The market size for airport kiosk systems has witnessed robust growth over recent years. The market is projected to expand from a value of $2.1 billion in 2024 to $2.3 billion in 2025, experiencing a compound annual growth rate (CAGR) of 9.4%. Factors such as increased passenger volume, improved operational efficiency, enhanced user experience, cost-effectiveness, advancements in technology, and adherence to regulatory guidelines contributed to this growth during the historic period.
What's the Projected Size of the Global Airport Kiosk System Market by 2029?
In the upcoming years, the airport kiosk system market is predicted to experience robust growth, potentially reaching a value of $3.24 billion by 2029 with a compound annual growth rate (CAGR) of 9.0%. This predicted surge over the forecast period is due to numerous factors such as digital transition, the impact of COVID-19, increased security provisions, elevated passenger demands, efficiency and cost reduction benefits, regulatory adherence, personalization, and data analysis. Key trends expected during this forecast period include the adoption of AI and machine learning, the growth of contactless solutions, multi-purpose kiosks, customization and branding, additional security aspects, data analytics for enhancement, sustainability efforts, and the implementation of cloud-based solutions.
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Top Growth Drivers in the Airport Kiosk System Industry: What's Accelerating the Market?
The continued rise in the number of passengers is anticipated to fuel the expansion of the airport kiosk system market. The term passenger volume refers to the total headcount of individuals utilizing an airport over a specified duration, customarily calculated throughout days, months, or years. The surge in passenger volume can be linked to a myriad of elements, like economic development, population increase, enhancements in transportation facilities, and alterations in travel patterns. Kiosk systems at airports facilitate the management of elevated passenger volumes by simplifying the check-in procedures, minimizing delays and advancing the passenger experience. These systems enable tourists to regulate their travel autonomously, leading to seamless airport management and improved user satisfaction. For example, the International Civil Aviation Organization, a UN specialized agency based in Canada, reported in February 2023 that the quantity of air passengers transported in 2022 rose by an approximate 47% when compared to 2021, whereas the revenue passenger kilometers (RPK's) saw a rise of nearly 70% over the equivalent duration. Consequently, the climbing passenger volume is spurring the growth of the airport kiosk system market.
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What Trends Will Shape the Airport Kiosk System Market Through 2029 and Beyond?
Leading businesses in the airport kiosk system sector are exploiting advanced technologies like sophisticated biometric technology to establish a formidable position in the market. The incorporation of biometric technology in kiosk systems provides for facial recognition of passengers as they approach the automated boarding gate, thereby fortifying security and making the boarding procedure more efficient. A case in point is Vision-Box, a Portugal-based firm renowned for providing biometric solutions. In June 2022, they unleashed the Seamless Kiosk, a cutting-edge biometric technology that aims to redefine the journey experience. By merging superior biometric and biographical capture capabilities, automatic height adjustment, smart light adjustments, and an elaborate system for traveler guidance, this innovative kiosk streamlines the travel experience and enhances the self-service encounter for passengers. Furthermore, it streamlines identification procedures and strengthens security implementations. The kiosk comprises a variety of features like a modular design to cater to multiple travel document layouts and a barcode reader, thus ensuring its adaptability as a solution for passenger processing.
What Are the Main Segments in the Airport Kiosk System Market?
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
Subsegments:
1) By Check-In Kiosks: Self-Check-In Kiosks, Passenger Verification Kiosks
2) By Automated Passport Control Kiosks: Facial Recognition-Based Kiosks, Biometric Passport Control Kiosks
3) By Common-Use Self Kiosks: Common-Use Check-In Kiosks, Self-Service Boarding Kiosks
4) By Bag Drop Kiosks: Self-Service Bag Drop Kiosks, Assisted Bag Drop Kiosks
5) By Retail Kiosks: Duty-Free Kiosks, Food And Beverage Kiosks, Merchandise Kiosks
6) By Other Types: Information Kiosks, Wayfinding Kiosks, Flight Status Kiosks, Queue Management Kiosks
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Which Top Companies are Driving Growth in the Airport Kiosk System Market?
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
Which Regions Will Dominate the Airport Kiosk System Market Through 2029?
North America was the largest region in the airport kiosk system market in 2024. 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.
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