Airport Management Global Market – Overview
The airport management market is expected to showcase a significant growth. The increasing demand for advanced airport management systems and security concerns is the major factor boosting the market growth. Proper management facilities at the airport ensures better queue management at the airport and proper management services. According to a recent study report published by the Market Research Future, the global market of Airport Management is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
It is observed that airports are increasingly adopting technology solutions to improve their operational efficiency, improve passenger experiences, reduce operational costs, and boost revenues. The US passengers are faster in adopting travel-related technology and mostly prefer self-service technology options. They generally prefer mobile devices for booking flights, purchasing tickets, check-in, boarding, and baggage handling. The investor are spending significant amount on technology related to passenger processing, airport operations, baggage handling, and security. The government of developing nations is undertaking various activities such as airport expansions, constructing new terminals, upgrading of systems, and establishing new airports to improve country’s economy and support the increasing air traffic are fuelling market growth.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4267
Industry News
27 Jun 2017 – IBM a leading IT solution provider. The company has announced its association with American Airlines, the airlines company will be using IBM cloud service for making the internal process more efficient, faster, and easier to adapt to handle air traffic during high volume periods.
24 Jul 2017– SEA, a leading Italian airport operator has announced it seven-year agreement policy with IBM. The company will be using IBM cloud service for managing SEA’s IT infrastructure on a hybrid IT environment that incorporates the IBM Cloud.
Key Players
The prominent players in Airport Management Market are – IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), Siemens AG (Germany), Honeywell International Inc. (U.S.), Raytheon (U.S.), QinetiQ (U.K.), Amadeus IT Group (Spain), SITA (Switzerland), Rockwell Collins, Inc. (U.S.), Inform GmbH (Germany) and others.
Airport Management Global Market – Segmentation
The Airport Management Market can be classified into 4 key segments for the convenience of the report and enhanced understanding;
- Segmentation by Component: Comprises software and services.
- Segmentation by Airport Size: Comprises Class A, Class B, Class C and Class D.
- Segmentation by Application: Comprises Security, Content Management, Logistics Integration, Collaboration, Gate Management, Performance Management, Business Applications and others.
- Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Airport Management Global Market – Regional Analysis
North America region accounts for highest market share in airport management market. The region is considered is technologically advanced and financially strong which is one of the significant factor boosting the market growth. Others aspects such as presence of major players in the region and rising security concerns are some of the key factors aiding the market growth. Countries such as US and Canada contributes large amount of revenue in the airport management market in the region. Asia Pacific region is expected to be growing at the highest CAGR. Owing to factors such as increasing population, growing mobile users, rise in trading business, globalization of IT & telecommunication industries, largest provider of outsourcing services are some of the major aspects driving growth in the market.
Get complete Report @ https://www.marketresearchfuture.com/reports/airport-management-market-4267
Intended Audience
- Technology Investors
- Research/Consultancy Firms
- Infrastructure Providers
- Chip designers and fabricators
- Original equipment manufacturers (OEMs)
- OEM technology solution providers
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact
Company Name: Market Research Future
Contact Person: Akash Anand
Email: akash.anand@marketresearchfuture.com
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune –
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/airport-management-market-4267