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Smart Airport Market Share

Report ID: GMI7571
Published Date: Dec 2023
Report Format: PDF

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Smart Airport Market Share

Major players operating in the smart airport industry are:

Cisco Systems, Inc.
Honeywell International, Inc.
Huawei Technologies Co., Ltd.
IBM Corporation
Raytheon Technologies Corporation
Siemens AG
SITA
Smart Airport Systems (SAS)
Thales
T-Systems International GmbH

These players in the smart airport business have established dominance through innovative technologies, robust infrastructures, and strategic collaborations. Leveraging cutting-edge solutions, these industry giants enhance operational efficiency, security, and passenger experience. Their extensive portfolios encompass a range of intelligent systems, from advanced communication networks to state-of-the-art security solutions. By continually pushing the boundaries of technological advancements, these key players collectively shape the future of smart airports, setting industry standards and ensuring seamless integration of smart technologies across the aviation landscape.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The market size for smart airport was valued at USD 2.9 billion in 2022 and is estimated to register a CAGR of over 13% between 2023 and 2032 driven by the increasing adoption of self-service technologies, such as automated check-in kiosks, baggage drop systems, and smart boarding processes.

The non-aeronautical segment held a market share of around 69% in 2022 and will witness substantial growth through 2032, fuelled by the increasing emphasis on revenue diversification beyond traditional aviation services.

North America market for smart airport held around 36% revenue share in 2022 and is poised for notable growth through 2032, attributed to the region's robust infrastructure, technological advancements, and a high level of awareness & adoption of smart technologies.

Cisco Systems, Inc., Honeywell International, Inc., Huawei Technologies Co., Ltd., IBM Corporation are some of the major industry contenders.