PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719957
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719957
The smart airport market size is expected to reach USD 32.64 billion by 2034, according to a new study by Polaris Market Research. The report "Smart Airport Market Size, Share, Trends, Industry Analysis Report: By Component (Hardware, Software, and Services), Infrastructure, Solution, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The smart airport market refers to technologies, products, and services that enhance the efficiency, convenience, and security of airport operations through the use of advanced digital solutions and smart systems. This includes integrating various Internet of Things (IoT) devices, artificial intelligence (AI), biometrics, automation, data analytics, and other advanced technologies to improve the passenger experience and airport management processes.
The integration of digital solutions such as AI-powered analytics, IoT-enabled devices, and cloud-based platforms is transforming airport operations. These technologies streamline crucial functions such as check-ins, security processing, baggage handling, and crowd management, optimizing operational efficiency and passenger convenience.
Governments worldwide are recognizing the need to modernize airport infrastructure to meet the increasing demands of air travel. Investments in security systems, communication technologies, and AI-driven solutions are crucial for improving passenger safety, reducing congestion, and ensuring operational efficiency. These developments are contributing to the rapid smart airport market expansion.
In 2024, the hardware segment led the market, driven by major technological advancements, rising security requirements, and a strong emphasis on improving operational efficiency and the passenger experience.
The passenger segment held the largest smart airport market share, driven by the growing demand for seamless, efficient, and personalized travel experiences.
North America held a significant market share in 2024, driven by its strong emphasis on technological innovation, substantial investments in airport infrastructure, and the presence of key industry players.
In 2024, Asia Pacific led the smart airport market, fueled by rapid urbanization, growing air travel demand, and significant investments in airport modernization.
The global key market players are Siemens AG, Cisco Systems, Honeywell International, IBM Corporation, SITA, Vanderlande Industries, Amadeus IT Group, Collins Aerospace, Indra Sistemas, and Zebra Technologies.
Polaris Market Research has segmented the smart airport market report on the basis of component, infrastructure, solution, application, and region: