Global Airport Digitization Market to grow at a CAGR of 7.26% during the period 2017 - 2021; Finds New Report

Report forecast the global airport digitization market to grow at a CAGR of 7.26% during the period 2017-2021.

The market focuses on the solutions provided directly or indirectly to the passengers in an airport. These services optimize the transfer or transit of the passenger through an airport with the aid of a network of physical devices, sensors, and machines integrated into a common framework through the Internet for effective data communications.

The report covers the present scenario and the growth prospects of the global airport digitization market for 2017-2021. To calculate the market size, the report considers the new installations, shipments, sales, volume, value and retrofit, spares and aftermarket services.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one of the major drivers for this market is influence of Big Data. Data about passengers, staff, and operations is growing at an exponential rate. This data can be turned into valuable information and used to improve the operation of aviation businesses by increasing business flexibility while reducing operational risks, and to provide value-added services to passengers. Big Data is helpful in gathering data and converting it into information that can be used to make decisions with respect to the expected passenger or baggage flow in the form of smart passenger guidance and baggage tracking devices.

Further, the report states that one of the major factors hindering the growth of this market is data privacy and protection. One of the most important issues related to the digitization of airports is data privacy and protection. A digitized airport generates several gigabytes of data per second from its baggage system, passenger check-ins, and multiple kiosk boxes. This data is then transmitted to the cloud-based server through a high bandwidth network. It is of paramount importance for the airports to use a secure connectivity platform and network service to avoid data loss or theft during this transfer. Though cyber-attacks are infrequent, the risk of loss of personal information is high. Stakeholders need to ensure that the retrieved passenger data is used only for the purpose it is withdrawn.

Global Airport Digitization Market 2017-2021, 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 players in the global airport digitization market: Cisco Systems, IBM, Microsoft, Siemens, and SITA.

Other Prominent Vendors in the market are: Apple, Daifuku, Living PlanIT, Scarabee, and Wind River.

Market driver

• Influence of Big Data
• For a full, detailed list, view our report

Market challenge

• Data privacy and protection
• For a full, detailed list, view our report

Market trend

• Evolution of mobile-based applications
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 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?

Spanning over 70 pages and 32 Exhibits “Global Airport Digitization Market 2017 - 2021” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Digital makeover of global airports, Innovation landscape, Case studies, Vendor landscape, Appendix.

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