Authored By: Sarah
11 Jul 2024

 Smart Airports Market Size to grow by USD 6669.08 million between 2024-2028

According to a research report “ Smart Airports Market” by End-user (Non-aeronautical, Aeronautical) Application (Large, Medium, Small) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 6669.08 million, at a CAGR of  12.73% during the forecast period. In the evolving aviation industry, prioritizing smart security at airports is essential to ensure enhanced safety measures, streamline processes, and optimize the passenger experience. Smart security incorporates advanced technologies and data-driven solutions, such as facial recognition and fingerprint scanning, to confirm identities and expedite screening and boarding processes. Additionally, smart airports deploy automated security lanes, body scanners, and explosives detection systems to enhance security while minimizing wait times. These systems rely on secure, encrypted data transmission to protect sensitive information and maintain the integrity of the security network, ultimately prioritizing the safety and efficiency of airport operations.

Browse market data tables, figures, and in-depth TOC on “Smart Airports Market” by End-user (Non-aeronautical, Aeronautical) Application (Large, Medium, Small) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By End-user, the Non-aeronautical segment is projected to dominate the market size in 2024

In the rapidly evolving world of air travel, large airports are prioritizing investments in smart technologies to cater to the needs of millions of annual passengers. The adoption of AI and IoT solutions is a top priority, as these technologies offer significant benefits, including enhanced passenger experiences, operational optimization, and heightened security. Biometric technologies, such as facial recognition and fingerprint scanning, are increasingly used for passenger authentication, boarding, and security screening, thereby reducing wait times and increasing security measures. Advanced security systems, including automated security lanes and body scanners, expedite the security process while maintaining stringent safety standards. Digital signage and mobile apps are utilized to provide passengers with real-time information on gate locations, services, and amenities, ensuring a seamless and efficient airport experience.

By Application, Large  segment is expected to hold the largest market size for the year 2024

In the realm of smart airports, non-aeronautical services and revenue sources are indispensable for driving growth and enhancing the passenger experience. These services encompass duty-free shops, retail boutiques, and convenience stores, which generate income and optimize airport operations. Digital signage, mobile apps, and personalized offers are employed to elevate the shopping experience, while advertising spaces, such as digital screens, banners, and promotional campaigns, provide lucrative revenue streams. Data analytics is utilized to target ads to specific passenger demographics, offering valuable sponsorship and advertising opportunities for brands seeking to engage with a captive airport audience.

North America is forecasted to hold the largest market size by region in 2024

In North America, the demand for smart airports is thriving due to the region's sophisticated technological infrastructure, substantial passenger traffic, and the imperative to elevate the travel experience while maintaining safety and security. With some of the world's busiest airports, such as Hartsfield-Jackson Atlanta International Airport, Los Angeles International Airport, and Chicago O'Hare International Airport, catering to millions of passengers, the necessity for advanced technologies to optimize operations is paramount. Travelers in North America seek a seamless and convenient airport experience, which smart airports deliver through efficient services, contactless processes, and personalized experiences. Innovative ground transportation solutions, including rideshare services, autonomous shuttles, and electric vehicle charging stations, are being adopted by North American airports to enhance accessibility and connectivity.

The Smart Airports Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Alvest SAS
  • Amadeus IT Group SA
  • Ascent Technology Inc.
  • Cisco Systems Inc.
  • Daifuku Co. Ltd.
  • Deutsche Telekom AG
  • Honeywell International Inc.
  • Huawei Technologies Co. Ltd.
  • Indra Sistemas SA
  • Infax Inc.
  • International Business Machines Corp.
  • Kiewit Corp.
  • L3Harris Technologies Inc.
  • NEC Corp.
  • Raytheon Technologies Corp.
  • Sabre Corp.
  • Siemens AG
  • SITA
  • Thales Group
  • Wipro Ltd.
.

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Research Analysis Overview

The Smart Airports Industry is experiencing rapid expansion with the integration of automation and self-service technologies. Automated kiosks for check-in, baggage drop systems, and biometric identification are becoming the norm, reducing wait times and increasing efficiency. SITA, a leading technology provider, is at the forefront of this industry evolution, offering Software & Solutions for Data Storage, Communication & Connectivity, and Endpoint Devices. Self-service installation of these systems is a key trend, allowing airport operators to implement touchless solutions with minimal disruption. The implementation of these technologies not only enhances the passenger experience but also offers significant cost savings for airports. Moreover, the integration of electronics such as self-service check-in kiosks, automated boarding processes, and aviation blockchain technology is revolutionizing the industry. Biometric kiosks offer a contactless and quick identification process, streamlining the airport experience. These advancements are transforming airports into smart, connected hubs that offer a seamless and efficient travel experience.

Market Research Overview

The Smart Airports market is experiencing significant growth as airport operators seek to enhance passenger experiences, improve operational processes, and increase revenue diversification. Self-service technologies, such as self-service check-in kiosks and automated baggage drop systems, are becoming increasingly popular. These systems offer contactless solutions, reducing the need for physical interaction and improving hygiene standards. Robotics and AI-powered technologies, including robots and autonomous vehicles, are also being implemented to streamline airport operations and provide efficient and convenient journeys for passengers. Security measures remain a top priority, with biometric kiosks and facial recognition systems being used for contactless check-in and identification. Endpoint devices, electronics, and data storage solutions are essential components of these advanced technologies. Airside, the industry is expanding its focus on non-aeronautical revenue streams, with integration of information and support systems, and implementation of AI-driven technology for passenger traffic management. Financial considerations, including the cost of self-service installation and maintenance, are also being carefully weighed against the benefits of these smart airport solutions. The use of autonomous vehicles, automated kiosks, and contactless check-in systems is revolutionizing the airport experience, providing passengers with a more efficient and convenient journey. The integration of Aviation Blockchain and biometric scanning systems further enhances airport security and data management. As the industry continues to evolve, we can expect to see even more advanced technologies and innovative solutions to improve passenger safety, experiences, and operational processes.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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