Smart Airport Market is Forecasted to Reach US$ 4.4 Billion in 2026, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global smart airport market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:

Market Size in 2026: US$ 4.4 billion

Growth (CAGR): 12.5% during 2021-2026

Forecast Period: 2021-2026

Trend Period: 2015-2019

Base Year: 2020

Number of Segments Covered: 3

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Smart Airport Market:

The global smart airport market is segmented based on system type, location type, and region.

Based on system type - The market has been segmented into communication & network systems, endpoint devices, data storage, and software & solutions. Among these, the communication & network systems segment accounted for the largest market share in 2020 and is expected to propel the market growth at a significant rate during the review period.

To know the most attractive segments, click here:

https://www.stratviewresearch.com/2758/smart-airport-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North American region accounted for the largest market share in 2020. This growth outlook is majorly attributed to the following-

• The regional market growth can be attributed to the widespread adoption of advanced technologies in the airports coupled with the presence of key market players such as Ascent Technology, Inc. (US) and Cisco Systems (US).

• The market growth in the Asia-Pacific region is likely to be driven by an increasing focus on the development of smart airports, particularly in developing countries including China and India.

Smart Airport Market Drivers:

Some of the key drivers listed in the report are given below.

• Surge in Air Passenger Travel in Developed Countries.

• Increasing Focus on Customer-Centric Approaches.

Top Companies in the Smart Airport Market:

Stratview Research has identified the following companies as the top market players.

• Ascent Technology, Inc. (US)

• Cisco Systems (US)

• Honeywell International Inc. (US)

• Huawei Investment & Holding Co., Ltd. (China)

• International Business Machines Corporation (US)

• Indra Sistemas, S.A. (Spain)

• L3Harris Technologies Inc. (US)

• Raytheon Technologies Corporation (US)

• SITA (Switzerland)

• Thales Group (France)

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Smart Airport Market, answering critical questions like:

• How big is the sales opportunity?

• Which regions offer the best sales opportunities?

• Which are the most attractive market segments?

• Which are the top players and their market positioning?

• How complex is the business environment?

• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

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