Enjoy complimentary customisation on priority with our Enterprise License!
Technavio’s market research analyst predict that the airport IT market in the US is expected to reach $1.5 billion by the end of 2019. The key growth drivers in this market are growing numbers of passenger and cargo air traffic and the need to improve the air passenger experience.
Airports are increasingly embracing technology solutions to improve their operational efficiency, improve passenger experiences, reduce operational costs, and boost revenues.
Technavio analysts expect the airport IT market in the US to show significant growth potential during the forecast period. CIOs of many airports in the US seek to increase the percentage spending of their airport revenue on IT annually.
The US passengers are faster in embracing travel-related technology as most of them prefer self-service technology options and mobile devices for booking flights, purchasing tickets, check-in, boarding, and baggage handling.
The market is experiencing significant spending on technology related to passenger processing, airport operations, baggage handling, and security. Development activities such as airport expansions, constructing new terminals, upgrading of systems, and establishing new airports to improve country’s economy and support the increasing air traffic are fuelling market growth.
The airport IT market in the US has the presence of several small and large players. The market competition is likely to intensify as several players enter the market, considering the market potential.
Vendors can increase their profitability by offering cost-effective services such as self-service options (self-service check-in, self-bag drop, and self-boarding), mobile, and web services. Also, airport operators expect value-added services such as consultancy, integration of solutions, support and maintenance, and airport staff training to address opportunities and risks.
The leading companies in the airport IT market in the US are -
The other prominent vendors in the market include AirIT, Atos, Bosch Security Systems, Capgemini, CGI, Damarel, Gatekeeper Systems, iFIDS.com, Indra, INFORM, Lockheed Martin, NEC, Northrop Grumman, Passur, RESA, Saab Sensis, Siemens, Travelsky, and UFIS Airport Solutions.
The operational systems was the largest segment in the airport IT market in the US in 2014. It comprises of administrative systems, airport operational database, baggage management systems, flight operations, security systems, and others. The growing need to improve operational efficiency and improve passenger traffic without compromising safety and security are driving the growth of this segment.
The passenger processing systems segment helps passengers handling their baggage processing at airports. These systems provide a better airport experience for passengers and a high-standard service to airport authorities, airlines, and ground handling staff. It facilitates seamless passenger flow by managing processes such as booking, check-in, bag drop, security, boarding, in-flight, transfer, border control, and bag claim.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by solution type
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.