The latest report by IMARC Group, titled “Smart Airport Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” provides an extensive analysis of the smart airport market analysis. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global smart airport market size reached US$ 33.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 77.0 Billion by 2032, exhibiting a growth rate (CAGR) of 9.3% during 2024-2032.

Global Smart Airport Market Trends:

The global market is primarily driven by increasing demand for seamless passenger experiences and the adoption of advanced technologies such as artificial intelligence and the Internet of Things. Moreover, the need for enhanced security measures and efficient airport operations contributes significantly to market growth. Furthermore, the integration of biometrics and automation in airport processes, along with the rise in global air traffic, propels the demand for smart airport solutions. Additionally, the push for sustainability and energy efficiency in airport operations further supports the market expansion. Besides, government initiatives and investments in modernizing airport infrastructure play a crucial role, and the growing preference for contactless services, accelerated by the COVID-19 pandemic, also propels the market.      

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Global Smart Airport Market Scope & Growth Analysis:

The scope of the global market is expanding due to the integration of advanced data analytics and big data solutions facilitates improved decision-making and operational insights. Smart airport technologies encompass a wide range of applications, including automated check-in processes, real-time flight information systems, and enhanced navigation aids for passengers, which supports the market. The rising trend of contactless technologies and mobile-based services further extends the market reach. Additionally, partnerships between technology providers and airport authorities foster innovation and the implementation of cutting-edge solutions. The focus on enhancing passenger comfort and reducing wait times with smart solutions also broadens the market's scope. Furthermore, the increasing investments in research and development by key industry players to introduce innovative products and services contribute to market. As airports globally focus for higher efficiency and better passenger experiences, the smart airport market is poised for substantial advancement.

Key Players in the Smart Airport Industry:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

  • Amadeus IT Group SA
  • Ascent Technology Inc.
  • Cisco Systems Inc.
  • Collins Aerospace (Raytheon Technologies Corporation)
  • Honeywell International Inc.
  • Huawei Technologies Co. Ltd.
  • Indra Sistemas S.A.
  • International Business Machines Corporation
  • Sabre Corp.
  • Siemens AG
  • T-Systems International GmbH
  • Wipro Limited

Key Market Segmentation:

Breakup by Type:

  • Airport 2.0
  • Airport 3.0
  • Airport 4.0

Breakup by Size:

  • Large
  • Medium
  • Small

Breakup by System:

  • Wearables
  • LPWAN and WLAN
  • Tags and Sensors
  • Platforms
  • NFC, RFID and Bluetooth
  • Wireless
  • Others

Breakup by Operation:

  • Aeronautical
  • Non-Aeronautical

Breakup by End Market:

  • Implementation
  • Upgrade and Services

Breakup by Application:

  • Airside
  • Air Traffic Maintenance
  • Aircraft Maintenance
  • Passenger Screening and Experience
  • Digital Video Surveillance and Management
  • Building Management
  • Intelligent Advertising
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance
  • Market Outlook 
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

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