Portland, OR -- (SBWIRE) -- 12/26/2017 -- As air traffic is continuously growing, the airports are adapting to the requirements and to become more commercial and proactive to these changing aviation dynamics at a global level. Most of the airports, nowadays are functioning as multi-nodal transportation hubs for trade, information as well as people. The primary objective of the smart airport is to make their systems and processes digitally advanced, aware, interconnected, intelligence and simple to access by everybody.

Based on solution, the market is divided into communication, security system, air traffic control, passenger & cargo monitoring and others. The smart airport market by field of operation is sub-divided into ground side, terminal side, and air side. Based on application, it is categorized into hospitality, retail, transportation, airport operations and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

The smart airport market is driven by the unprecedented increase in global smartphone users as well as the need for real time information related to the boarding, flight timing and other flight related information
The increasing focus on value added services such as customer servicing, enhancing customer experience as well as increasing need of operational efficiency are the factors driving the smart airport market growth in coming years
Restraints:

The smart airport market is restrained by the difficulties faced in data collaboration
The IT systems at the airports are becoming increasingly interconnected that can expose operators in other people's systems that can lead to security threat
Market Players:

The top players in the global smart airport market include Honeywell International Inc., Siemens AG, IBM Corporation, Amadeus IT Group SA, Rockwell Collins, Inc., SITA, Cisco Systems, Inc., Thales Group, Indra Siestma S.A., T-Systems.

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MARKET LANDSCAPE

By Solution

Communication
Security system
Air-traffic control
Passenger
Cargo monitoring
Others
Field of operations

Ground side
Terminal side
Air side
Application

Hospitality
Retail
Transportation
Airport operations
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA