Global Smart Airports Market to Reach $10.16 Billion by 2030: Key Trends and Technologies

Meticulous Research® has released a new report titled, “Smart Airports Market by Offering (Systems, Services), Application (Terminal Side, Airside, Ground Side), Technology (AI, IoT, 5G), & Geography 

Global Forecast to 2030,” projecting that the global smart airports market will reach $10.16 billion by 2030, growing at a CAGR of 7.8% between 2024 and 2030. The growth is primarily driven by increasing investments in advanced technologies at airports, widespread adoption of self-service solutions, and the rising deployment of smart solutions aimed at improving non-aviation revenue streams.

The growing utilization of smartphones for seamless check-in and the integration of automated baggage handling systems are also key drivers of growth. Nevertheless, concerns around data privacy, security, and challenges with technology integration remain potential barriers to market expansion.

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 Market Overview by Offering

The smart airports market is broadly segmented into systems and services. In 2024, the systems segment is expected to capture the largest share, owing to the growing adoption of smart airport systems aimed at improving the overall passenger experience. Increased investments in advanced technology to enhance airport security and cybersecurity measures further support this segment’s dominance. An example of such advancements is the partnership between Amadeus IT Group SA and Noida International Airport, in which Amadeus will provide a cloud-based passenger processing system (PPS) to streamline operations.

The systems segment is also projected to grow at the fastest rate over the forecast period. The increasing demand for mobile and online check-in solutions, along with the introduction of self-service kiosks, will drive this growth. For example, Thales Group’s HELIXVIEW technology offers a more efficient and secure luggage screening process, helping airports improve security without compromising on passenger convenience.

 Application-Based Growth Drivers

The market is further segmented by application into terminal side, airside, and ground side. In 2024, the terminal side is anticipated to account for the largest share of the smart airports market, driven by the rising integration of digital signage, increased passenger traffic, and improvements in baggage handling systems. Technologies such as smart baggage trolleys at Munich Airport, which provide real-time flight information, are indicative of how airports are adopting smart solutions to improve passenger services.

This segment is expected to register the highest CAGR over the forecast period, driven by several factors, including the implementation of 5G technology and the increased use of AI robots in terminal management. For instance, Israel Airports Authority’s $15 million initiative to digitize Ben Gurion International Airport is a prime example of how investments in digital infrastructure will shape the future of smart airports.

 Technology Landscape in Smart Airports

The smart airports market is also categorized by technology, with segments including AI, IoT, 5G, blockchain, big data, and cloud computing. In 2024, the IoT segment is expected to hold the largest market share. The adoption of IoT-based solutions for baggage tracking, facial recognition, and location monitoring has surged, allowing airports to operate more efficiently and safely. Hyderabad International Airport, for instance, introduced IoT-enabled smart baggage trolleys, which ensure real-time availability of trolleys across the airport.

However, AI is expected to grow at the fastest pace, with its potential to revolutionize airport operations by automating tasks like security screening, baggage handling, and forecasting passenger traffic. Major airports like Abu Dhabi International are investing in AI solutions, such as the ‘Smart Travel’ system, which leverages AI to optimize passenger experiences.

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  Regional Insights

Geographically, the smart airports market is divided into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. North America is projected to lead the market in 2024, driven by large-scale investments in airport technologies, especially in the United States. Airports in the region are adopting biometric boarding solutions and AI-powered tools to manage passenger flow and address flight delays more effectively.

In conclusion, while data privacy concerns and technology integration challenges pose risks, the global smart airports market is on track to experience substantial growth. With advancements in AI, IoT, and 5G technologies, smart airports are set to enhance the overall passenger experience, streamline airport operations, and provide new avenues for revenue generation in the coming years.

Some of the recent developments are as follows:

• In May 2024, Honeywell International Inc. (U.S.), a company operating in areas such as aerospace, building technologies, and performance materials and technologies, launched an updated suite of airside solutions, with enhancements to its gate and turnaround and airfield lighting portfolios, including the Honeywell NAVITAS Smart Visual Docking system.
• In May 2022, Miami International Airport (MIA) announced its plans to implement biometric boarding for international flights across all of its 130+ gates in collaboration with SITA (Switzerland), with the expected completion by 2024.

The market in Asia-Pacific is projected to register the highest CAGR during the forecast period. The growth of this regional market is driven by factors such as the increasing investments in the construction of new airports and expansion of existing ones, a rapid surge in passenger traffic in countries like China, India, Japan, and South Korea, the widespread adoption of automation technologies throughout airports, and a growing emphasis on partnerships between airports and key market players for digital transformation.

Furthermore, airports in the region are digitizing processes such as online check-ins, e-boarding passes, and real-time flight updates, contributing to the market’s growth. For instance, Asiana Airlines, Inc., a South Korean airline, facilitates seamless check-in through its web homepage or mobile app and provides passengers with e-boarding passes in advance.

Some of the recent developments are as follows:

• In July 2021, Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport, Bengaluru, partnered with IBM Corporation (U.S.) to accelerate digital and IT transformation. Under this ten-year partnership, IBM Corporation (U.S.) and Kyndryl Inc. (U.S.) will provide IT solutions to create a new “Airport in a Box” platform to enhance the end-to-end travel experience for passengers at BLR Airport.
• In August 2022, Accenture plc (Ireland) and Changi Airport Group (Singapore) extended their collaboration for another three years to transform operations and enhance the experience for travelers visiting Singapore Changi Airport.

Key Players:

Some of the key players operating in the global smart airports market are Honeywell International Inc. (U.S.), Collins Aerospace (U.S.), SITA (Switzerland), Siemens AG (Germany), Daifuku Co., Ltd. (Japan), Amadeus IT Group SA (Spain), Huawei Technologies Co., Ltd. (China), T Systems International GmbH (Germany), Cisco System, Inc. (U.S.), IBM Corporation (U.S.), Thales Group (France), Schneider Electric SE (France), Wipro Limited (India), Veovo (U.K.), Sabre Corporation (U.S.), Ascent Technology (U.S.), Leidos, Inc. (U.S.), and Gorilla Technology Group Inc. (U.K.).

Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/smart-airports-market-5737

Key questions answered in the report:

• What are the high-growth market segments in terms of offering, application, and technology?
• What is the historical market size for smart airports across the globe?
• What are the market forecasts and estimates for 2024–2030?
• What are the major drivers, restraints, opportunities, and challenges in the global smart airports market?
• Who are the major players in the global smart airports market, and what are their market shares?
• What is the competitive landscape like?
• What are the recent developments in the global smart airports market?
• What are the different strategies adopted by the major players in the market?
• What are the geographic trends and high-growth countries?

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