The Global Smart Airports industry is accounted for $10.25 billion in 2015, and is projected to register a CAGR of 6.0% to reach $15.4 billion by 2022. Growing air passenger traffic, increasing capital investments to modernize airports, and growing concerns for security are the major factors boosting the industry growth.
According to Research for Markets, the Global Smart Airports market is accounted for $10.25 billion in 2015, and is projected to register a CAGR of 6.0% to reach $15.4 billion by 2022. Growing air passenger traffic, increasing capital investments to modernize airports, and growing concerns for security are the major factors boosting the market growth.
Furthermore, raising demand for baggage management, innovative technological advancements in systems & solutions are some of the other factors driving the market. On the other hand, intensified competition, indefinite operational and regulatory guidelines are the restrains limiting the market growth.
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Airport operations and business models have progressed dramatically over the last two decades to support the rapid growth of the global airline industry. Passengers are keen to induce new services to trim down their travel stress and ease the processing from check-in to boarding the flight.
The technological advancements provided by the smart airports help reduce the passengers stress of journey and offers convenience. The Asia Pacific smart airport market is anticipated to grow at the highest CAGR amongst all regions.
The growth is attributed to increasing in number of airports, raising demand for hassle free air travelling, and growing air passenger traffic.
Some of the key players in global smart airports market include Airit, Amadeus IT Group SA
CISCO System, Inc., Honeywell International, Inc., IBM, Indra, Nice Systems Ltd., Qinetiq Group PLC, Raytheon Company, Sabre, Selex Es S.P.A, Siemens AG, SITA, Thales Group, and Wipro Limited.
- Smart Workplace Services
- Smart Business-to-Business Services
- Smart Transport and Parking Services
- Smart Airport Processes
- Smart Retail, Hospitality, and Entertainment Services
- Terminal Side
- Security Systems
- Passenger, Cargo and Baggage Ground Handling Control
- Endpoint Devices
- Communication Systems
- Air/Ground Traffic Control
- Other Technologies
- Business Applications
- Core Applications
- North America
- Asia Pacific
- Rest of the World
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Table of Content
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
3 Market Trend Analysis
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Airports Market, By Service
5.2 Smart Workplace Services
5.3 Smart Business-to-Business Services
5.4 Smart Transport and Parking Services
6 Global Smart Airports Market, By Solution
6.3 Terminal Side
7 Global Smart Airports Market, By Technology
7.2 Security Systems
7.3 Passenger, Cargo and Baggage Ground Handling Control
7.4 Endpoint Devices
7.5 Communication Systems
8 Global Smart Airports Market, By Application
8.2 Business Applications
8.3 Core Applications
9 Global Smart Airports Market, By Geography
9.1 North America
9.3 Asia Pacific
9.4 Rest of the World
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.5 Other Key Strategies
11 Company Profiling
11.2 Amadeus IT Group SA
11.3 CISCO System, Inc.
11.4 Honeywell International, Inc.
11.7 Nice Systems Ltd.
11.8 Qinetiq Group PLC
11.9 Raytheon Company
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