The global smart airport market is anticipated to reach USD 1.8 billion by 2020 growing at a CAGR of 19.6% during the forecasting period, 2020-2028. Factors such as increased demand for real-time information and growing advancement in connectivity technologies are driving the market for smart airport
The global smart airport market is segmented into the system, airport size, application, type, operation, end-market and, geography.
System segment is segmented into Endpoint Devices, Communication & Network Systems, Software & Solutions and, Data Storage
Airport Size segment is segmented into Large, Medium, and Small
Application segment is segmented into Terminal Side, Landside, and Airside
The type segment is segmented into Airport 2.0, Airport 3.0, and Airport 4.0
Operation segment is segmented into Aeronautical and Non-Aeronautical
The end-Market segment is segmented Implementation, and Upgrades & Service
Geographically, the global smart airport market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.
North America region has come up as the prominent region for the leading share in the overall global market during the forecast period 2020-2028. The presence of leading companies such as Collins Aerospace, IBM Corporation, and Cisco Systems, Inc. are fuelling the market for smart airports.
Key players in the global smart airport market are Collins Aerospace, IBM Corporation, Huawei Technologies Co., Ltd., Cisco Systems, Inc., Sabre Corp., Amadeus IT Group SA, SITA, Honeywell International Inc., Siemens AG, Thales Group, Indra Sistemas, S.A., Daifuku Co., Ltd., and among others
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
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