According to the latest report by IMARC Group, titled “Smart Airport Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” provides an extensive analysis of the industry, including smart airport market trends, size, and growth opportunities. The report also covers competitor and regional analysis and the latest advancements in the global market. The global smart airport market size reached US$ 30.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.

Global Smart Airport Market Overview:

A smart airport integrates advanced technologies to optimize operations, enhance passenger experience, and improve overall efficiency. These airports streamline check-in, security, and baggage handling processes through real-time data analytics, IoT devices, and automation. They offer personalized passenger services, like location-based information and self-service kiosks. Smart infrastructure includes biometric authentication, smart gates, and predictive maintenance systems. Energy-efficient facilities, augmented reality wayfinding, and seamless connectivity contribute to a smoother travel journey. While boosting operational productivity, smart airports prioritize sustainability and passenger satisfaction, redefining the aviation industry's capabilities and enhancing the modern travel experience.

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Global Smart Airport Market Trends:

The global market is majorly driven by the increasing air travel demand and passenger traffic. In line with this, the rising implementation of digital technologies for efficient operations is significantly contributing to the market. Furthermore, the growing emphasis on enhanced security measures and passenger safety is positively influencing the market. Apart from this, the escalating need for seamless and personalized passenger experiences is catalyzing the market. Moreover, the increasing demand for optimized airport resource utilization and management is propelling the market. Besides, the rising adoption of biometric authentication, contactless solutions, and rapid advancements in IoT, AI, and data analytics technologies are stimulating the market. Several governments worldwide initiatives promoting the modernization of airport infrastructure are creating a positive outlook for the market. Additionally, the growing pressure to reduce operational costs and enhance overall efficiency and the shift towards sustainable and eco-friendly airport practices are providing a boost to the market.

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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

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.

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