Smart Airport Market Industry Size, Share, Growth, Outlook, Segmentation, Comprehensive Analysis by 2029

The size of the global Smart Airport market was estimated to be USD 5.39 billion in 2022. From 2023 to 2029, the market's total revenue is predicted to increase at a compound annual growth rate (CAGR) of 18.24%, or close to USD 17.42 billion.

Smart Airport Market Overview:

This study aims to give a comprehensive analysis of the Smart Airport market by geography, industry, and segments. The report offers comprehensive details on the key elements driving the expansion of the Smart Airport sector. The value chain of the market is also thoroughly examined in this report.

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Market Scope:

The first step in the research process used to evaluate and forecast the Smart Airport market is obtaining revenue information from important suppliers using secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of large firms was used to estimate the overall size of the Smart Airport market using the bottom-up methodology.

Dynamics:

Self-service kiosks, luggage tracking, and flight information broadcast on social media platforms like Twitter are just a few of the technologies used by airports as part of their Airport Digital Transformation initiatives. Airports are increasingly implementing state-of-the-art technologies to enhance consumer experiences. Many airports want to improve the level of personalization of their current services by providing a range of technology-based solutions to their patrons. This is a result of the widespread usage of cellphones to research alternative travel schedules. Flight Finding is a popular mobile application that is now available. 

Segmentation:

With the largest compound annual growth rate (CAGR) over the projected period, the Airside category is leading the market based on application. In recent years, the usage of smart apps for activities on the aircraft has increased significantly. By effectively integrating IoT, AI, and big data, airports may reduce wait times for passengers and effectively handle common issues like lost baggage, delayed flights, and customer service issues.

With the largest compound annual growth rate (CAGR) during the projected period, the large segment is leading the market based on airport size. In light of increasing air traffic management, airports need to modernize and use smart airport communication systems to support effective airport operations. Medium airports are currently dominating the market because they are widely distributed throughout the world.

by Product

Airport 2.0
Airport 3.0
Airport 4.0

by System

Communication Network Systems
Wireless
Near Field Communication, RFID, Bluetooth
LPWAN WLAN
Endpoint Devices
Sensors
Tags
Displays
Cameras
Wearables
Data Storage
Cloud
On-premise
Software Solutions
Platforms
Software Applications
Data Analytics
Managed Services

by Application

Airside
Air Traffic Management
Aircraft Maintenance
Aircraft Turnaround Management
Ground Support Equipment Management
Advanced Visual Docking Guidance System (A-VDGS)
E-Fence
Noise Monitoring
Terminal Side
Passenger Screening
Cargo Baggage Handling
Digital Video Surveillance Management (DVM)
Passenger Experience
Building Management
Payment Tokenization
Staff Crew Management
Landside
Intelligent Advertising
Vehicular Parking
Car Rental Mass Transit

by Operation

Aeronautical
Non-aeronautical

by Airport Size

Large
Medium
Small

by End-Use

Implementation
Upgrades Services

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Key Players: the key players are:

1. Amadeus IT Group SA
2. Ascent Technology, Inc.
3. Cisco Systems Inc.
4. Collins Aerospace
5. Honeywell International Inc.
6. Huawei Investment Holding Co., Ltd.
7. IBM Corporation
8. Indra Sistemas, S.A.
9. L3Harris Technologies Inc.
10. Raytheon Technologies Corporation
11. Sabre Corp.
12. Siemens AG
13. SITA
14. Thales Group

Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

A detailed Market Overview

Market Share, Size Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research

Key Questions Answered in the Smart Airport Market Report are:

Which market segment held the biggest share in Smart Airport?
How is the Smart Airport market's competitive environment?
Which are the main elements influencing the growth of the Smart Airport market?
Which area of the Smart Airport market has the most share?
What will the Smart Airport market's compound annual growth rate be between 2023 and 2029?

Key Offerings:

Historical Market Size and Competitive Environment (2021–2023)
Historical pricing and regional price curves (2021–2023)
The market's size, share, size, and forecast for each segment from 2023 to 2029

Market Dynamics: Regional Growth Drivers, Opportunities, Barriers, and Important Trends
Market segmentation: a thorough examination of each segment, along with its sub-segments, by region
Competitive Landscape: Strategically oriented profiles of a few major companies broken down by area
Market leaders, market followers, and regional players make up the competitive landscape.
Comparative analysis of major players by geographical area
PESTLE Evaluation
PORTER's evaluation
Analysis of supply chains and value chains
Regional Legal Aspects of Business
profitable business prospects using SWOT analysis
Advice

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Shital Chaudhari

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