Global Airport
Information System Market: Overview
Over the past few
years, there has been an enormous rise in global air traffic and an
upsurge in air passengers. With soaring IT spending on airport
infrastructure, the demand for airport information systems has grown
steadily. Increasing investments by government and private players
have led to an accelerated adoption of real-time information systems
across domestic and international airports. These systems have helped
fleet owners maximize operational efficiency and enhance the comfort
of travelers, thereby transforming the overall travel experience.
In future, more
automation solutions will come in the ambit of airport information
systems to meet a variety of operational and data management needs
and will boost collaborations across all stakeholders. As travelers
become more tech-savvy, a slew of advanced IT solutions will crop up,
positively impacting the market in the coming years. As a result,
airport systems will witness the adoption of innovative service
models and platforms that will underpin a continually expanding
market for airport information systems.
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The report provides
comprehensive insights into the key drivers and restraints, major
revenue generating segments, prominent trends, emerging technologies,
market share and size of key segments, and competitive landscape. The
research analysis tracks recent developments in IT solutions delivery
models and highlights key investment trends in emerging and
established markets. The study based on extensive rounds of primary
and secondary researches takes a closer look at key underlying
economic factors expected to impact the demand for information
systems for managing various operations. The report evaluates the
regulatory landscape in major countries that will have a bearing on
the market positioning strategies of players.
Global Airport
Information System Market: Trends and Opportunities
The global airport
information system market is primarily driven by the rising demand
for more effective and reliable airport information systems to
optimize aircraft processes and maximize passengers’ convenience.
The increasing adoption of automated solutions for various
operational processes has fuelled the market. The constant influx of
modular and integrated software solutions by vendors is anticipated
to create promising opportunities for several developers of airport
information system.
However, most
information systems call for high-speed network connectivity,
advanced electronics, and supporting hardware devices. This
significantly increases the implementation cost of airport
information solutions, thereby hindering the growth of the market to
an extent. On the other hand, spiraling capital investments by
several private players and governments of various countries toward
the modernization of airports is expected to unlock exciting
opportunities for market players in future.
Global Airport
Information System Market: Regional Outlook
Currently, North
America dominates the airport information system market, contributing
a substantial chunk of the global revenue. The regional market is
expected to witness handsome growth along the forecast period. This
is closely followed by the Europe market. Meanwhile, Asia Pacific
will witness a surge of lucrative market avenues. The impressive
growth of the regional market will be fuelled by a soaring number of
air travelers and growing popularity of smartphones and mobile
devices among travelers. The proliferation of smartphone-enabled
solutions that are closely tied with airport information system is
expected to provide a significant fillip to the growth of the
regional market.
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Global Airport
Information System Market: Competitive Landscape
The airport
information system market is fairly fragmented. The top four players
are SITA, Amadeus IT Group SA, Rockwell Collins, Inc., and Siemens
Postal, Parcel & Airport Logistics (SPPAL), which occupy a major
share in the market. The leading players are actively focusing on
research and development activities to consolidate their presence in
major regions. Other key companies in this market include INFORM
GmbH, Lockheed Martin Corporation, InterSystems Corporation, Resa,
S.A.S., Lufthansa Systems, and VELATIA, S.L.
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