One of the primary factors driving the global airport IT systems market is the increasing demand for real time information in airports. Increasing passenger traffic across the globe combined with the need for risk management through airport IT systems, is expected to induce significant demand in the global market. With airport authorities seeking new ways to achieve operational efficiency and enhance passenger/customer experience, the airport IT systems market is expected to register a high growth rate, during the forecast period.
The Global Upgrade & Retrofit Market is growing with the rapid pace; mainly due to the increased Air Traffic attributed to the increased Air Travel rate and concerns for passenger safety. According to a recent study report published by the Market Research Future, The global Airport IT Systems Market is booming and expected to gain prominence over the forecast period. The Market is forecasted to demonstrate a huge growth by 2023, surpassing its previous growth records in terms of value with a whooping CAGR during the anticipated period (2016 – 2023).
One of the primary factors driving the global airport IT systems market is the increasing demand for real time information in airports. Increasing passenger traffic across the globe combined with the need for risk management through airport IT systems, is expected to induce significant demand in the global market. With airport authorities seeking new ways to achieve operational efficiency and enhance passenger/customer experience, the airport IT systems market is expected to register a soaring growth rate, during the forecast period. Additionally, increasing concerns for passenger safety mainly due to rapidly increasing terrorist activities beckons the need for advanced airport IT systems across the globe.
Recent incident (Thu, Sep 28, 2017) GLOBAL AIRPORT MELTDOWN where CHECK-IN computer systems at airports around the globe had crashed defines the necessity & importance of an efficient Airport IT Systems. A wave of havoc broke as airports including Gatwick, Washington DC, Paris Charles De Gaulle, Frankfurt and Sydney were affected hitting numerous airlines as the Airport IT System Crashed.
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Passengers were unable to check in for their flights with airlines such as British Airways, Air France, Qantas and Lufthansa. Since the system was down at REAGAN airport in DC & Tambo International in Gauteng, South Africa, passengers feared of delayed departures causing the chaos getting intensified further. Passengers struggle to check-in due to systems failure and it is said that it was a ‘Glitch’ with software used by 125 airlines around the world. Problems also appear to affect some online check-ins. The Software firm confirmed ‘network issue causing disruption’.
As airport information systems extend across multiple service providers, real-time coordination and collaboration are critical. Implementing multiple point systems designed to meet specific work areas can increase complexity while decreasing Airport’s ability to coordinate and respond to real-time events. Airports need a solution that can not only meet point requirements but that can also provide a sustainable basis for continuous operational improvements, reduce costs, add new capacity and meet compliance demands.
Airport IT Systems Global Market – Key Players
The Market of Airport IT Systems appears to be highly competitive owing to the presence of numerous well-established players having international and global presence. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for the leading players. These key players compete based upon pricing, reputation and services. Vendors strive to develop the Airport Operations Management Systems solution that delivers a suite of application offerings to help address the information system needs of airports. Using time-tested methodologies and best practices, key players try to bring together disparate point systems from multiple providers into a security-rich, integrated environment that addresses resource planning, passenger experience and asset management.
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Airport IT Systems Global Market – Segments
For the Better understanding of this report the Global Airport IT Systems Market has been segmented in to 3 key dynamics.
Segmentation By Function : Comprises Airport Operation Control Centre, Departure Control System
Segmentation By Software : Comprises Non Passenger System, Passenger System
Segmentation By Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
The North America region dominated the Airport IT System Market in 2016 owing to the rapidly improving safety standards and increasing air traffic. Increasing investments in technological developments, in order to enhance the airport efficiency, have significantly contributed towards the growth of the airport IT systems market in the region. Europe is expected to be the second largest market with authorities extensively investing in enhancing their airport security by installing intelligent security systems to eliminate security threats.
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