The global smart airport market has been classified on the basis of geography into the Middle East and Africa, Latin America, Europe, North America, and Asia Pacific. As per the research study, North America is projected to account for a large share of the overall market in the next few years. The high growth of this region can be attributed to the increasing number of improvements in the current services and solutions. In addition to this, the presence of a large number of players is another key factor that is likely to accelerate the growth of this region in the near future. Furthermore, Asia Pacific is projected to register a fast growth rate in the coming years, thanks to the favorable government initiatives for the implementation of the advanced solutions at the airports. The growing demand for automated processes at airports in several emerging economies is predicted to enhance the growth of the smart airport market in the near future.

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The global market for smart airport market has been further segmented on the basis of infrastructure into communication systems, cargo and baggage handling, endpoint devices, air traffic control systems, passengers, and security systems. Among these, the security systems segment is expected to lead the market with a major share of the global smart airport market. The increasing demand for biometric devices by airports for the purpose of checking and identification processes is considered as one of the key factors estimated to enhance the growth of this segment in the near future.

The rising number of smartphone users across the globe is one of the major factors that is expected to encourage the growth of the global smart airport market in the next few years. The rising needs for the real-time information is another key factor that is estimated to accelerate the growth of the market in the near future. In addition to this, the growing focus of the key players on the customer-centric approach and the growing use of self-service technologies at the airports are further projected to enhance the growth of the smart airport market in the coming few years. On the flip side, the rising number of difficulties in data collection and understanding the preferences of consumers are expected to restrict the growth of the market in the near future. Nonetheless, the rising trend of personalized services is estimated to offer potential growth opportunities for the market players, thus supporting the growth of the market in the near future.

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This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Smart Airport Market ( Infrastructure - Endpoint devices, communications systems, Passenger, Cargo and Baggage Ground Handling Control, Air/Ground Traffic Control, Security Systems; Solutions - Terminal Side, Airside, Landside; Application - Core Applications, Business Applications; Services - Smart Transport and Parking Services, Smart Retail, Hospitality, Entertainment Services, Smart Workplace Service, Smart Airport Processes and Smart Business-to-Business Services) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026.”