Airport IT Systems Market Segment by Applications, Manufacturers, Regions and Forecast to 2023

Market Highlights:
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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Airport IT Systems Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

RESA AIRPORT DATA SYSTEMS (France),
Amadeus IT Group SA (Spain),
Rockwell Collins (US),
INFORM GmbH (Germany),
Siemens AG (Germany).
IBM (US),
Ultra Electronics Holdings (UK),
Northrop Grumman Corporation (US),
SITA (Geneva),
Thales Group (France)
IKUSI (Spain).

Market Research Future Analysis:

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 the passenger/customer experience, the market for airport IT systems is expected to register a high growth rate, during the forecast period.

Regional Analysis
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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