According to the current analysis of Reports and Data, the global smart airport market was valued at USD 12.5 Billion in 2018 and is expected to reach USD 28.0 Billion by year 2026, at a CAGR of 10.0%.
Smart airport market highlights the growth and transformation of conventional airport to a intelligent transport hub. Airports are not just a boarding and travelling hub for passengers now, it has become more of a transport hub. The different innovations in technology and its applications in the smart airport market have transformed the conventional airports into smart and intelligent transportation hubs. These airports now have commercial spaces, transportation hubs, shopping centers, recreational spots, and other hospitality elements that attract tourists and travellers around the globe. The use of BYOD and IoT generate massive data that is collected from different touch points and processed to turn into actionable insights is a driving factor for the smart airport market.
These intelligent transport hubs are generating huge revenue and attracting massive public and private investments that are contributing to the economic growth of the country. With increasing number of passengers yearly the airports are implementing various solutions to handle operations, maintained, air traffic control, communications, security, and many more. Use of emerging technologies such as IoT, automation, big data, robots, AI and virtual reality has now become a part of the ecosystem that assist in day to day operations, along with integrated data collection from numerous touch points and devices and creating better real-time communications channels.
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Further key findings from the report suggest:
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Segments covered in the report:
For the purpose of the study, this Reports and Data have segmented the Global Smart Airport Market on the basis of application, end user and the regional outlook:
Technology (Revenue, USD Billion; 2016–2026)
Application (Revenue, USD Billion; 2016–2026)
Solution (Revenue, USD Billion; 2016–2026)
Regional Outlook: (Revenue, USD Billion; 2016–2026)
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
3.1. Smart Airport Ecosystem
Chapter 4. Smart Airport Market Segmentation & Impact Analysis
4.1. Industrial Outlook
4.2. Market indicators analysis
4.3. Market Drivers analysis
4.3.1. Increased use of airport self-service technologies
4.3.2. Investment rise in agile and intelligent airport concepts
4.3.3. Need to replace the conventional infrastructure for economic growth
4.4. Market restraints analysis
4.4.1. slow growth in infrastructure sector
4.4.2. Integration complexity of data gathered from multiple touch points
4.5. Technological Insights
4.6. Regulatory Framework
4.7. ETOP Analysis
4.8. Porter’s Five Forces Analysis
4.9. Competitive Metric Space Analysis
4.10. Price trend Analysis…
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