Airport Information System Management Market Current Trends and Top Benefits
According to a new report published by Reports Monitor titled, “Global Airport Information System Management Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the airport information system management market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
The rise in global air traffic and a rise in air passengers, with high IT spending on airport infrastructure, the demand for airport information systems has grown steadily. All airports need to coordinate information and dynamically manage their facilities for maximum efficiency and customer service. The airport information system management mainly includes the Air Traffic Billing module which can be customized to track the services provided to an individual airlines and to efficiently and effectively generate accurate invoices automatically.
The airport information system management market is primarily driven by the rising demand for more effective and reliable airport information systems to optimize aircraft processes and maximize passenger’s convenience. However, most information systems are used for high-speed network connectivity, advanced electronics, and supporting hardware devices. The high implementation cost of airport information solutions can be a restrain in the growth of the market. Further the advancements in technology and government investments can be an opportunity as there will be large numbers of vendors and developers of modular and integrated software solutions in the coming years.
This report provides a detailed analysis of airport information system management market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
The airport information systems market is segmented on the basis of airport size, cost application, function and software. On the basis of airport size, the global airport information system management market is segmented into big sized, medium sized and small sized airports. On the basis of cost, the global airport information system management market is segmented into the type of investments that are made in software, and has been categorized into procurement, integration, and operation costs. On the basis of application, the global airport information system management market is segmented into terminal side and airside. On the basis of function, the global airport information system management market is segmented into airport operation control centre and departure control systems sub-segments. On the basis of the software type, the global airport information systems market has been segmented into passenger and non-passenger sub-segments.
Based on the geographical regions covered, the airport information system market is analyzed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa).
The major players in the airport information systems market include Amadeus IT Group SA (Spain), SITA (Geneva), INFORM GmbH (Germany), and Ultra Electronics Holdings (U.K.), Siemens AG (Germany). Whereas, the other competitors of this market are IBM Corp (U.S.), Northrop Grumman Corporation (U.S.), and IKUSI (Spain), Rockwell Collins Inc. (U.S.).
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