Airport Information System Market: Introduction
The global airport information system market is projected to reach ~US$ 70 Bn by 2030. The airport information system market is projected to expand at a CAGR of ~7% from 2020 to 2030.
The global airport information system market has been segmented in terms of airport category, operation, and solution. In terms of airport category, the market has been segmented into commercial service airport, cargo service airport, and reliever airport. In terms of operation, the market has been divided into airside and terminal side. Based on solution, the market is categorized into ACDM, resource management solutions, P.A. system, baggage processing, passenger processing, airport operations, airport information, AODB, and others. The global airport information system market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Initially, vendors across the ecosystem of airport information systems were analyzed based on device and technology providers in the market.
Airport Information System Market: Regional Outlook
North America is expected to dominate the airport information system market during the forecast period. Asia Pacific is expected to see increasing growth in the airport information system market. The market in Middle East & Africa, Europe, and South America is also expected to expand rapidly during the forecast period.
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The report provides in-depth segment analysis of the global airport information system market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the airport information system market.
The adoption of robots is significantly high at airports in the Asia Pacific region followed by Europe. Robotics is expected to play a pivotal role in redefining baggage handling due to which, autonomous baggage handling carts or baggage robots are currently being tested. Due to giant strides taken by novel technologies such as artificial intelligence and machine learning, modern-day robots are likely to offer accurate information to passengers– a major innovation in the airport information system market that is expected to boost market growth during the forecast period.
While robotics continue to make inroads in the airport information system market, innovations in voice technology have opened up new exciting avenues. Voice technology has gained considerable popularity in recent years. Several airports around the world are inclined toward using voice technology to empower passengers and enhance the overall passenger experience. For instance, in 2018, Heathrow Airport in London enabled passengers to interact with Alexa to gain information regarding their flight status, arrival-departure details, and gate updates. Analysts at Transparency Market Research are of the opinion that voice technology could have a strong impact on improving the overall relationship between passengers and businesses during the forecast period
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