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22 Oct 2021, 09:47 GMT+10
According to the current analysis of Reports and Data, the global smart airport market was valued at USD 12.5 Billion in 2018 and is expected to reach USD 28.0 Billion by year 2026, at a CAGR of 10.0%.
Smart airport market highlights the growth and transformation of conventional airport to a intelligent transport hub. Airports are not just a boarding and travelling hub for passengers now, it has become more of a transport hub. The different innovations in technology and its applications in the smart airport market have transformed the conventional airports into smart and intelligent transportation hubs. These airports now have commercial spaces, transportation hubs, shopping centers, recreational spots, and other hospitality elements that attract tourists and travellers around the globe. The use of BYOD and IoT generate massive data that is collected from different touch points and processed to turn into actionable insights is a driving factor for the smart airport market.
These intelligent transport hubs are generating huge revenue and attracting massive public and private investments that are contributing to the economic growth of the country. With increasing number of passengers yearly the airports are implementing various solutions to handle operations, maintained, air traffic control, communications, security, and many more. Use of emerging technologies such as IoT, automation, big data, robots, AI and virtual reality has now become a part of the ecosystem that assist in day to day operations, along with integrated data collection from numerous touch points and devices and creating better real-time communications channels.
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Further key findings from the report suggest:
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Segments covered in the report:
For the purpose of the study, this Reports and Data have segmented the Global Smart Airport Market on the basis of application, end user and the regional outlook:
Technology (Revenue, USD Billion; 2016-2026)
Application (Revenue, USD Billion; 2016-2026)
Solution (Revenue, USD Billion; 2016-2026)
Regional Outlook: (Revenue, USD Billion; 2016-2026)
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Table of Content:
Chapter 1. Market Synopsis1.1. Market Definition1.2. Research Scope & Premise1.3. Methodology1.4. Market Estimation TechniqueChapter 2. Executive Summary2.1. Summary Snapshot, 2018-2026Chapter 3. Indicative Metrics3.1. Smart Airport EcosystemChapter 4. Smart Airport Market Segmentation & Impact Analysis4.1. Industrial Outlook4.2. Market indicators analysis4.3. Market Drivers analysis4.3.1. Increased use of airport self-service technologies4.3.2. Investment rise in agile and intelligent airport concepts4.3.3. Need to replace the conventional infrastructure for economic growth4.4. Market restraints analysis4.4.1. slow growth in infrastructure sector4.4.2. Integration complexity of data gathered from multiple touch points4.5. Technological Insights4.6. Regulatory Framework4.7. ETOP Analysis4.8. Porter's Five Forces Analysis4.9. Competitive Metric Space Analysis4.10. Price trend Analysis...
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Reports and Data is a research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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