March 04, 2021
The research report titled ‘North America Smart Airport Market Share, Size, Trends, Industry Analysis Report, By Technology Type; Component Type; By Application Type; By Location Type; By Countries, Segment Forecast, 2020 – 2026’, available with Market Study Report, North America smart airport market is expected to be remunerated at USD 7.74 billion by the year 2026.
North America smart airport market growth is primarily driven by surging demand of real time data in airport, along with automated and self-service processes.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2963819/
Notably, waiting lines, security check-ins, long queues, a lack of real-time details, flight delays, constricted space in the airport, inadequate customer service, unfitting baggage handling, and missing baggage complaints are common problems faced by travelers. For addressing these issues airports all over the region are moving towards smart solutions in order to provide travelers with a more customized and seamless experience, hence stimulating North America smart airport market outlook.
Elaborating on technology type, security systems segment is poised to gain substantial traction in the ensuing years with various airports implementing novel smart components such as automatic check-in, flight booking management, way finding solutions, automated security checks and border control.
Efforts made by airports to enhance their business processes and provide optimized facilities are responsible for North America smart airport industry expansion. Airports are spending a lot on IT and digital technologies to improve the customer experience.
Based on location type, airside segment is improving in areas such as in-wallet scanning, vehicle geolocation, and vehicle coordination with real-time landing aircraft details. While, landside locations are introducing digital technologies such as real-time flight information, transport synchronization, advanced booking, and intelligent passenger steering.
On the downside, cyber security risks are a major concern that may cause passengers to be reluctant to share their personal information with the smart airport system. Unauthorized use of the system also puts the airport's IT systems, central reservation systems, and passenger name records at risk. One of the most severe threats faced by network administrators is human error. Configuration errors can have a detrimental effect on security and operations, resulting in flight cancellations and system downtime., which along with all the aforementioned factors is restraining North America smart airport market size.
Considering the regional landscape, the US held major portion of North America smart airport market share in 2018 and is expected to depict a similar growth pattern through 2026, attributable to increasing flying volume, with airports in need of better ways to process the flyers. The application of artificial intelligence, robotics, and machine learning is currently common in the aviation sector in the United States, which is contributing towards the industry growth.
Leading players influencing North America smart airport market trends are T Systems International GmbH, Rockwell Collins Inc., Sabre Corporation, International Business Machines (IBM) Corporation, Honeywell International Inc., Amadeus IT Group S.A., Cisco Systems Inc., QinetiQ Group plc, Siemens AG, and Thales Group among others.