Smart Airport Market Revenue Trends, Company Profiles, Revenue Share Analysis, 2020–2028
The global Smart
Airport Market is extremely competitive and comprise various global and
regional players who accounted for robust market share in 2020. Some of the key companies operating in the
global Smart Airport market include: Collins Aerospace, Siemens AG, Thales
Group, Ascent Technologies, Daifuku Co. Ltd., Wipro Limited, Zensors, Smart
Airport System (SAS), Infax Inc., IBM Corporation, and Others. These market
players are various strategies such as mergers and acquisitions,
collaborations, joint ventures, collaborations, partnerships and research and
development investments to strengthen their market position and expand their
product base.
The global Smart Airport Market size is expected to reach
USD 10.07 Billion in 2028 and register a revenue CAGR of 18.2% during the
forecast period. The ICT sector is rapidly expanding in terms of money over the
recent past owing to factors such as rising adoption of cloud based services,
increasing concerns regarding data security and management of large data.
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Based on product type, the global market is segmented into
type 1, type 2, type 3, type 4 and others. Among these, the type 2 segment is
expected to register robust revenue CAGR throughout the forecast period owing
to factors such as increasing number of internet users, rising usage of smart
phones, laptops and increasing investments by market players to develop
enhanced products.
Rapidly growing commercial and industrial sectors, rising
concerns about data breaching in multinational companies, corporates,
hospitals, rising demand for ICT services in various sectors such as healthcare
and pharmaceuticals, IT, financial services and hospitals are some of the key
factors boosting growth of the global Smart Airport market revenue growth. In
addition, increasing R&D investments and rising focus on developing more
secure products are supporting market growth.
Geographically, North America is expected to account for
robust revenue share between 2021 and 2028 owing to factors such as rising
concerns about data leakage and security, presence of key players and
increasing adoption of advanced solutions.
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Segments Covered in the Report
This report offers historical data and forecasts revenue
growth at a global, regional, and country level, and provides analysis of the
market trends in each of the sub-segments from 2018 to 2028. For this study,
Reports and Data has segmented the smart airport market based on system,
application, airport size, end use, type, operation, and region:
System Type Outlook (Revenue, USD Million; 2018–2028)
- Communication
& Network systems
- End
devices
- Data
storage
- Software
& solutions
Application Outlook (Revenue, USD Million; 2018–2028)
- Landside
- Terminal
side
- Airside
Airport size Outlook (Revenue, USD Million; 2018–2028)
- Large
- Medium
- Small
End Use Outlook (Revenue, USD Million; 2018–2028)
- Implementation
- Upgrades
& Services
Type Outlook (Revenue, USD Million; 2018–2028)
- Airport
2.0
- Airport
3.0
- Airport
4.0
Operation Outlook (Revenue, USD Million; 2018-2028)
- Aeronautical
- Non-aeronautical
Regional Outlook (Revenue, USD Million; 2018–2028)
- North
America
- Europe
- Asia
Pacific
- Latin
America
- Middle
East & Africa
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Key objectives of the
report:
- Details about revenue
growth, market size, drivers, opportunities, constraints
- Historical and forecast
revenue of the key segments, products, applications and detailed analysis
of the regions in the market
- Production capacity,
revenue, pricing structure, market share, and CAGR.
- To offer insights about
current market position, forecast estimation, competitive landscape and
research and development activities
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