DUBLIN--(BUSINESS WIRE)--The "Smart Airports Market Analysis by Technology (Security Systems, Communication Systems, Air/Ground Traffic Control), by Application, by Location and Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global smart airport market is expected to reach USD 25.09 billion by 2025, growing at a CAGR of 10.7% according to this new report
The growth can be accredited to increased penetration of automated and connected airport processes, such as self-service check-ins, smart baggage drop, and smart luggage tracking.
Moreover, the rising demand for various technologically-advanced non-aeronautical systems, communication systems, and security systems such as electronic bag tags is expected to boost the growth over the forecast period.
Emerging technologies and devices, such as smart access control systems, fingerprint readers, and smart card technology are being increasingly implemented by airports for enhancing the overall passenger experience. Additionally, with the introduction of smartphone-based airport applications, passengers are now able to utilize real-time information, such as gate number, arrival time, direction to airport, check-in line, and flight booking.
Companies across the globe are investing heavily on IT and digital technology to effectively streamline their business processes and provide value-added services to customers. A majority of airports are now focusing on passenger self-service solutions and are planning to implement new technologies, such as the adoption of Bluetooth-enabled beacons to provide connected airport solutions.
Contemporary airport operation and business models have led to an explosive growth of the airline industry. Rising concerns of industry participants pertaining to increased competitiveness have led to a shift in focus towards a customer-centric and data-driven approach to enhance operational efficiency. Moreover, with the emergence of Airport 3.0, airports worldwide are seeking to leverage the benefits of emerging technologies with advanced capabilities.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Smart Airport Industry Outlook
Chapter 4. Smart Airport Technology Estimates & Trend Analysis
Chapter 5. Smart Airport Application Estimates & Trend Analysis
Chapter 6. Smart Airport Location Estimates & Trend Analysis
Chapter 7. Smart Airport Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
- Amadeus IT Group SA
- Cisco Systems Inc.
- Honeywell International Inc.
- International Business Machines Corporation (IBM)
- QinetiQ Group Plc
- Rockwell Collins Inc.
- Sabre Corporation
- Siemens AG
- T Systems International GmbH
- Thales Group
For more information about this report visit https://www.researchandmarkets.com/research/mjtfdr/smart_airports