DUBLIN--(BUSINESS WIRE)--The "Airport Information System Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global airport information system market to grow with a CAGR of 5.6% over the forecast period of 2018-2024.
The report on global airport information system market provides qualitative and quantitative analysis for the period of 2016 to 2024. The study on airport information system market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Growing passenger traffic and increasing need for real time data sharing among the consumers are the factors driving the growth of the airport information system market. Additionally, increasing IT spending on airports to achieve higher operational efficiency and to give passengers enhanced and rich travel experience has led to increase in information systems across domestic and international airports, which is fuelling the growth of the airport information system market. However, high cost in up gradation process and information sharing regulations are the factors that are anticipated to hinder the growth of the airport information system market over the forecast period.
Furthermore, as the travel time between the cities and countries are getting closer with help of advanced technologies .These technologies provide efficiency of operations and reduce operational cost associated with running an airport therefore helping the travelers for hassle free stay at the airports. This in turn is providing several growth opportunities for the key players in the airport information system market. Furthermore, aviation industry is expected to further increase the demand for effective and reliable airport information systems in the years to come.
Among the geographies, North America dominated the global airport information system market followed by Europe. However, Asia pacific is anticipated to overtake North America and Europe owing to the rapidly increasing number of air travelers and the vast adoption of smartphones and increase in number of airports. Additionally, India in particular is giving a massive push to building massive airports and upgrade existing ones to make flying more accessible and attract new travelers. For instance, Delhi's Indira Gandhi International Airport is featured as the top ranked airport in the world and indigo has recently started its ATR service paving way for building smaller town-to-town airports.
Segments Covered
Global Airport Information System Market by Function
- Airport Operation Control Center (AOCC)
- Departure Control System
Global Airport Information System Market by Cost
- Integration Cost In Airport Information System
- Procurement Cost In Airport Information System
- Operation Cost In Airport Information System
Global Airport Information System Market by Application
- Airside
- Terminal Side
Company Profiles
- SITA
- Ultra Electronics Holdings
- Rockwell Collins
- Amadeus IT Group
- Ikusi
- Inform GmbH
- Northrop Grumman Corp.
- RESA
- IBM Corp
-
Siemens AG
For more information about this report visit https://www.researchandmarkets.com/research/n22zbs/airport?w=4
