Airport Information Systems Market Size
| Study Period | 2020 - 2029 |
| Market Size (2024) | USD 4.51 Billion |
| Market Size (2029) | USD 5.29 Billion |
| CAGR (2024 - 2029) | 3.44 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Airport Information Systems Market Analysis
The Airport Information Systems Market size is estimated at USD 4.51 billion in 2024, and is expected to reach USD 5.29 billion by 2029, growing at a CAGR of 3.44% during the forecast period (2024-2029).
The COVID-19 pandemic severely impacted global passenger traffic in 2020 and 2021. The aviation industry started improving in 2022 and gradually returned to its pre-COVID-19 level. According to the latest updates from IATA, ICAO, the Airports Council International (ACI), the UN World Tourism Organization (UNWTO), the World Trade Organization (WTO), and the International Monetary Fund (IMF), the international air passenger traffic in 2022 has improved compared to that of 2021. The international air passenger traffic in June 2022 increased by 229.5% compared to June 2021, and the revenue passenger kilometers (RPK) in June 2022 reached 65% of the level in June 2019.
The number of people opting for air travel has increased in the past few years, which has resulted in increased pressure on airports and airlines to opt for advanced systems that can enhance their ground operations and support their goal of reducing aircraft turnaround time. Moreover, to improve efficiency and connectivity, upcoming airports use a variety of technologies, including integrated sensors for temperature and lighting monitoring, smart baggage tags for tracking and directing luggage to the aircraft, biometric check-ins with facial recognition, and cargo warehousing management. Airports are using technologies such as artificial intelligence (AI) and predictive analysis for a wide range of applications, from customer service to operational efficiency. Thus, the integration of such technologies to create an outlook of the operations of an airport and measure performance with associated key performance indicators (KPIs) is anticipated to drive the airport information systems market.
Airports are moving toward centralized architecture to meet the need for information sharing among different parties efficiently. Scanners and monitors are connected to airport systems, and hackers can easily gain access to internal systems through these physical assets. Data from the airport is collected, stored, and distributed daily, based on requirements that are vital for the airport to operate effectively. With regulations and systems becoming more complex, it is a huge task for manufacturers to keep up with appropriate security measures. However, there is a prominent threat of cyberattacks on airports that can lead to widespread disruptions of services. According to a study by the European Aviation Security Agency (EASA), there are an average of 1,000 airport cyberattacks per month. The exploitation of such security vulnerabilities may limit the scope of the integration of airport information systems during the forecast period.
Airport Information Systems Market Trends
Growing Investments Toward Upgrading Airport Terminals
The pandemic had a significant impact on global passenger traffic; however, the number of scheduled passengers handled by the global airline industry has increased in the last decade. This has been the primary driving force for the airports to invest in new and advanced airport information systems. With a focus on enhancing the passenger experience, several airports across the world have invested in developing various new information and airport management technologies to aid the travel experience for passengers. Airports are also developing agile systems to predict capacity demand, provide an enhanced passenger travel experience, improve operational process efficiency, improve staff productivity, and ensure safety and security.
New technologies and various passenger check-in methods are being implemented across various airports around the world to increase the ease of usage and air travel for new passengers. For instance, in October 2022, Perth Airport installed new self-service kiosks and bag drop units and announced that it would start trialing biometric passenger processing, with a Singapore Airlines flight being the first to start the process. The expansion of existing airports also drives the market. On this note, in October 2022, the construction of a new terminal spanning 20,000 sqm. was initiated at the Gwalior airport in Madhya Pradesh at a potential investment of USD 54.15 million.
Asia-Pacific to Witness the Highest Growth During the Forecast Period
The rapid growth in the air passenger traffic in Asia-Pacific has driven the demand for a robust aviation infrastructure and services alike. Owing to this, the investments in developing, upgrading, and maintaining these airports are increasing. Though the pandemic has slowed down the growth rate of the aviation sector in the region, certain sophisticated systems are being added to the existing aviation infrastructure to promote the seamless movement of passenger traffic. Nevertheless, the expansion or modernization of several airports in the region is currently underway.
The Asia-Pacific region has the largest number of airport construction projects of all kinds (runways, terminals, etc.) known to be underway, with more than 220 projects in the region alone. Also, the region also has more than 110 greenfield projects in the planning stage, the highest in the world. Two major markets in the region, China and India, are driving the growth of airport investments.
As per IATA, China plans to construct 216 new airports by 2035, and the Indian government plans to develop 100 additional airports by 2024. This signifies a huge opportunity for airport information system integrators, as the adoption of smart airport concepts would foster the demand for sophisticated airport information systems during the forecast period. In July 2022, India's flagship airline, Air India has selected Amadeus Altea Passenger Service System Suite (PSS) as part of the carrier's revitalization, for its customers interfaces. The implementation includes revenue management, revenue accounting, retailing and merchandising, website.
Airport Information Systems Industry Overview
The airport information systems market is semi-consolidated. Honeywell International Inc., Amadeus IT Group SA, SITA, RTX Corporation, and THALES are some prominent players in the airport information systems market. To effectively cater to the evolving capacity demand of the airports, software providers are partnering with hardware manufacturers to develop advanced all-in-one solutions for the end-users at a competitive price point. With increasing emphasis on smart technologies and high investments in digital technological capabilities, the push toward efficiency of airport procedures is expected to increase the usage of information systems implemented in various operational segments of the airport. Multiple new contracts have been awarded by various airports to streamline airport operations. For instance,
In February 2022, SITA Airport Management Systems streamlined the operations at London Luton Airport (LLA) by automating routine tasks. These streamlined operations increased productivity and operational efficiency and led to time and cost savings for London Luton and multiple other airports that implemented this system. The successful implementation of such projects is expected to help the companies gain more customers in the years to come.
Airport Information Systems Market Leaders
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Amadeus IT Group SA
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SITA
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THALES
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RTX Corporation
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Honeywell International, Inc.
*Disclaimer: Major Players sorted in no particular order
Airport Information Systems Market News
November 2023: The Innovative Contractors for Advanced Dimensions announced selecting Collins Aerospace, a part of RTX Corporation, for the delivery, deployment, and support services for airport operational and passenger processing systems for the NEOM Bay Airport in NEOM City, Saudi Arabia.
October 2022: SITA, an air transport communications and information technology company, announced a partnership with Versa Networks and will launch SITA Connect Go, a multi-tenant edge secure SD-WAN (Software-Defined Wide Area Network), developed by both companies together for the air transport industry.
June 2022: Finavia opted for Amadeus' cloud-based Airport Operational Database (AODB), to deploy at Helsinki Airport and 19 regional airports in Finland, for ground handling operations as part of its plan to modernize the airports. The successful implementation of such projects is expected to help the companies gain more customers in the years to come.
Airport Information Systems Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Application
5.1.1 Maintenance
5.1.2 Ground Handling
5.1.3 Finance and Operations
5.1.4 Security
5.1.5 Passenger Information
5.2 Type
5.2.1 Airside
5.2.2 Terminal Side
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Japan
5.3.3.4 South Korea
5.3.3.5 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Brazil
5.3.4.2 Rest of Latin America
5.3.5 Middle East and Africa
5.3.5.1 United Arab Emirates
5.3.5.2 Saudi Arabia
5.3.5.3 Egypt
5.3.5.4 Qatar
5.3.5.5 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Airport Information Systems Limited
6.2.2 Honeywell International Inc.
6.2.3 Amadeus IT Group SA
6.2.4 SITA
6.2.5 THALES
6.2.6 RTXCorporation
6.2.7 Indra Sistemas SA
6.2.8 IBM Corporation
6.2.9 Samsung Electronics Co., Ltd.
6.2.10 NEC Corporation
6.2.11 T-Systems (Deutsche Telekom AG)
6.2.12 Siemens AG
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Airport Information Systems Industry Segmentation
An airport information system consists of a set of integrated modules in airport management software that facilitate the operational aspects of the airport.
The airport information systems market is segmented by application, type, and geography. By application, the market is segmented into maintenance, ground handling, finance and operations, security, and passenger information. By type, the market is segmented into the airside and terminal side. Airside operations include air traffic management, aircraft maintenance, and aircraft parking, while terminal-side operations include baggage handling, check-in systems, etc. The report also covers the market sizes and forecasts for the airport information systems market in 18 countries across major regions. For each segment, market sizing and forecasts have been done based on value (USD).
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| Security | |
| Passenger Information |
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| Airside | |
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Airport Information Systems Market Research FAQs
How big is the Airport Information Systems Market?
The Airport Information Systems Market size is expected to reach USD 4.51 billion in 2024 and grow at a CAGR of 3.44% to reach USD 5.29 billion by 2029.
What is the current Airport Information Systems Market size?
In 2024, the Airport Information Systems Market size is expected to reach USD 4.51 billion.
Who are the key players in Airport Information Systems Market?
Amadeus IT Group SA, SITA, THALES, RTX Corporation and Honeywell International, Inc. are the major companies operating in the Airport Information Systems Market.
Which is the fastest growing region in Airport Information Systems Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Airport Information Systems Market?
In 2024, the North America accounts for the largest market share in Airport Information Systems Market.
What years does this Airport Information Systems Market cover, and what was the market size in 2023?
In 2023, the Airport Information Systems Market size was estimated at USD 4.35 billion. The report covers the Airport Information Systems Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Airport Information Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Airport Information Systems Industry Report
Statistics for the 2024 Airport Information Systems market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Airport Information Systems analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
