Global Airport IT Market 2015-2019
About Airport IT
Airport IT solutions include IT hardware, software, and services that support airport infrastructure. Airport IT solutions help in monitoring, regulating, and improving the airport structure, including airfields, terminals, roadways, people movers, and rails, which enable the flow between passengers, baggage counters, airplanes, automobiles, rentals, cars, and trucks. The solution also helps in managing airports, thereby increasing the efficiency of the staffs and enhancing the passenger experience inside airport premises.
TechNavio's analysts forecast the Global Airport IT market to grow at a CAGR of 4.48 percent over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the Global Airport IT market for the period 2015-2019. The report includes information about the latest development in airports across the globe and the market segmentation by solution type and geography.
TechNavio's report, the Global Airport IT Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Airport IT market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Global Airport IT Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Airport IT Market: Amadeus IT Group, INFORM GmbH, SITA SA and Ultra Electronics Airport Systems Inc.
Other Prominent Vendors in the market are: AirIT, Atos, Capgemini, Damarel, Ikusi, Lockheed Martin, Northrop Grumman, PASSUR, RESA, Rockwell Collins, Saab Sensis, TravelSky and UFIS Airport Solutions.
Commenting on the report, an analyst from TechNavio’s team said: “One of the key trends in this market is the substantial investment being made in airport development. As many countries are displaying more interest in showcasing their country as an attractive destination for business and tourism, improving airport infrastructure is critical to that aim.”
According to the report, one of the major drivers in the market is the increase in global air traffic. As a result of an increase in the number of passengers traveling to different destinations worldwide, there has been a consistent increase in the number of commercial airports and aircraft. The increase in tourism is a primary reason for this increase in global air traffic.
Further, the report states that one of the key challenges in the market is the increased cost of implementation and airport operations. The deployment of IT in airports is an expensive process. The price of IT applications includes the cost of licensing, system design and customization, implementation, training, maintenance, and upgrades.
Amadeus IT Group, INFORM , SITA , Ultra Electronics Airport Systems, AirIT, Atos, Capgemini, Damarel, Ikusi, Lockheed Martin, NEC, Northrop Grumman, Passur, RESA, Rockwell Collins, Saab Sensis , Travelsky, UFIS Airport Solutions