The global market for Smart Airports was valued at an estimated US$18.2 Billion in 2023 and is projected to reach US$40.4 Billion by 2030, growing at a CAGR of 12.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the smart airports market is driven by several factors, including rising passenger traffic, increasing demand for operational efficiency, and advancements in technology. The continuous growth in global air travel necessitates the expansion and modernization of airport infrastructure to handle higher volumes of passengers and flights. This demand for scalability and efficiency propels the adoption of smart technologies that optimize resource utilization and streamline operations. Additionally, the increasing focus on enhancing passenger experience and satisfaction drives airports to invest in cutting-edge solutions that offer personalized and efficient services.
Advancements in IoT, AI, and data analytics provide the necessary tools to implement these solutions effectively. Furthermore, regulatory requirements for enhanced security and sustainability push airports towards smarter, more integrated systems. As these factors converge, the smart airports market is set for substantial growth, driven by the need for efficient, secure, and passenger-friendly airport environments.
The growth in the smart airports market is driven by several factors, including rising passenger traffic, increasing demand for operational efficiency, and advancements in technology. The continuous growth in global air travel necessitates the expansion and modernization of airport infrastructure to handle higher volumes of passengers and flights. This demand for scalability and efficiency propels the adoption of smart technologies that optimize resource utilization and streamline operations. Additionally, the increasing focus on enhancing passenger experience and satisfaction drives airports to invest in cutting-edge solutions that offer personalized and efficient services.
Advancements in IoT, AI, and data analytics provide the necessary tools to implement these solutions effectively. Furthermore, regulatory requirements for enhanced security and sustainability push airports towards smarter, more integrated systems. As these factors converge, the smart airports market is set for substantial growth, driven by the need for efficient, secure, and passenger-friendly airport environments.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Terminal Side Solutions segment, which is expected to reach US$26.0 Billion by 2030 with a CAGR of a 11.6%. The Airside Solutions segment is also set to grow at 13.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $4.4 Billion in 2023, and China, forecasted to grow at an impressive 15.9% CAGR to reach $4.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Smart Airports Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Smart Airports Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Smart Airports Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amadeus IT Group, S.A., Ascent Technology, Inc., Cisco Systems, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 70 Featured):
- Amadeus IT Group, S.A.
- Ascent Technology, Inc.
- Cisco Systems, Inc.
- Daifuku Co., Ltd.
- Ericsson AB
- Honeywell Building Solutions, Inc.
- Huawei Technologies Co., Ltd.
- Indra Sistemas, S.A.
- International Business Machines Corporation (IBM)
- Leonardo S.p.A.
- NEC Corporation of America
- QinetiQ Group plc
- RESA Airport Data Systems SAS
- Sabre GLBL, Inc.
- Siemens AG
- SITA SA
- Thales S.A.
- Vanderlande Industries B.V.
- Veovo
- Wipro Limited
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amadeus IT Group, S.A.
- Ascent Technology, Inc.
- Cisco Systems, Inc.
- Daifuku Co., Ltd.
- Ericsson AB
- Honeywell Building Solutions, Inc.
- Huawei Technologies Co., Ltd.
- Indra Sistemas, S.A.
- International Business Machines Corporation (IBM)
- Leonardo S.p.A.
- NEC Corporation of America
- QinetiQ Group plc
- RESA Airport Data Systems SAS
- Sabre GLBL, Inc.
- Siemens AG
- SITA SA
- Thales S.A.
- Vanderlande Industries B.V.
- Veovo
- Wipro Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 614 |
| Published | July 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 18.2 Billion |
| Forecasted Market Value ( USD | $ 40.4 Billion |
| Compound Annual Growth Rate | 12.1% |
| Regions Covered | Global |
