Smart airports are airports that rely on the use of connected technologies such as internet of things (IoT) devices, GPS and sensors to perform planning and operations tasks digitally and support operational staff, optimising passenger flows and the activities of the airport staff across the airport. The global smart airport market is anticipated to increase by USD 2.5 billion till 2028 at an average annual growth of 16.4 percent as per the latest report by Gen Consulting Company.
This industry report offers market estimates of the global market, followed by a detailed analysis of the airport location, technology, and region. The global market data on smart airport can be segmented by airport location: airside, landside, terminal side. The terminal side segment held the largest share of the global smart airport market in 2021 and is anticipated to hold its share during the forecast period. Smart airport market is further segmented by technology: air/ground traffic control, communication systems, passenger, cargo and baggage handling control, security systems. Based on region, the smart airport market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
The airside market is further segmented into air traffic management, aircraft maintenance, aircraft parking. Furthermore, the landside market has been categorized into advanced vehicle parking solutions, security, smart marketing techniques. The terminal side market is further divided into baggage handling, check-in systems, others.
The global smart airport market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Amadeus IT Group SA, Cisco Systems Inc., Daifuku Co. Ltd., Honeywell International Inc., IBM Corporation, Raytheon Technologies Corporation, Sabre Inc., Siemens AG, SITA Group, Thales S.A., T-Systems International GmbH (Deutsche Telekom AG), Wipro Limited.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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