Global Airport IT Spending Market Estimated to Expand at a Substantial CAGR of 4.73% by 2022

11-dec-2018 Global airport IT spending market is estimated to expand at a substantial CAGR of 4.73% during the period 2017-2021 as the scope, product types, and its applications are increasing across the globe. Airport IT typically includes refining as well as regulating and monitoring of airport infrastructure, including terminals, airfields, and roadways. This confirms the smooth flow of passengers between airplanes, baggage counters, taxi, automobiles, and rental cars.

The factors that propel the growth of the airport IT spending market include efforts by airports to improve the customer experience, growing importance of loyalty programs, increasing demand for cloud connectivity. On the other hand, there are factors that could hamper the growth of the market including high initial investment and growing its complexity. 

Airport IT spending market could be explored by solution type, application, and geography. The market could be explored by solution type as Administrative systems, Operational systems, and Passenger processing systems. The “Operational systems” segment led the airport IT spending market in 2016 and is anticipated to maintain its dominance by 2022. The key factors that could be attributed to the growth include enhancing the airport’s efficiency and productivity. 


Airport IT spending market is categorized based on geography into North America, Latin America, Japan, Middle East, and Africa, Western Europe, Asia Pacific, and Eastern Europe. North America accounted for the major share of the airport IT spending market in 2016 and will continue to lead in the forecast period. The key factors that may attributed to the growth of the market includes rising demand for CRM, cloud-based integration, and positive consumer involvement. 

The key players contributing to the robust growth of the Airport IT spending market comprise RESA AIRPORT DATA SYSTEMS, Amadeus IT Group, SITA Airport IT, and Rockwell Collins. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

About Global airport IT spending market

Airport IT typically involves refining as well as monitoring and regulating of airport infrastructure, including airfields, terminals, and roadways. This ensures the smooth flow of passengers between baggage counters, airplanes, automobiles, taxi, and rental cars.

Covered in this report 
The report covers the present scenario and the growth prospects of the global airport IT spending market for 2017-2021. To calculate the market size, the report considers the revenue generated from the various end-users

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

This report  has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• Amadeus IT Group 
• RESA AIRPORT DATA SYSTEMS 
• Rockwell Collins 
• SITA Airport IT 

Market driver 
• Efforts by airports to enhance the customer experience
• For a full, detailed list, view our report 

Market challenge 
• High initial investment and increasing IT complexity
• For a full, detailed list, view our report 


Market trend 
• Focus on establishing high-end cybersecurity at airports
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors?in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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