MarketResearchReports.Biz
is providing you Retail Market Research report of "Global
Airport
IT Spending Market 2016-2020 ".
Market outlook of the
global airport IT spending market
Technavios market research
analyst predicts the global airport IT spending market to grow
steadily at a CAGR of more than 4% by 2020. The growing need to
efficiently manage and handle a large number of passengers, cargos,
and aircraft at airports is fueling IT spending in the aircraft
industry. Also, factors like the expansion of international trade and
commerce, growth in tourism, and employment generation are estimated
to positively influence market growth during the forecast period.
The growing need to raise the
overall airport security standards is the key driver for the growth
of this market. Recently, it has been observed that airports across
the globe are experiencing persistent threats of terrorism and
criminal activity.
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Segmentation by solution
type and analysis of the airport IT spending market
- Operational systems
- Passenger processing systems
- Administrative systems
In this market study, analysts
have estimated the operational systems segment to account for a
market share of more than 47% during the forecast period. The ability
of operational systems to enhance the airports productivity and
efficiency by streamlining the flow of information is a critical
factor that results in market growth during the predicted period.
Geographical segmentation
and analysis of the airport IT spending market
- Americas
- APAC
- EMEA
Technavio market research
analysts have estimated the Americas to dominate the global market
for airport IT spending during the forecast period. The augmented
spending on airport expansion and modernization programs will foster
the prospects for growth in this market during the predicted period.
Competitive landscape and
key vendors
The global airport IT spending
market is extremely concentrated due to the presence of large vendors
like Rockwell Collins and Amadeus IT Group. Since this market is
highly concentrated, the vendors try to differentiate their products
by offering various innovations through cost-effective solutions. The
vendors in this market compete on the basis of integration expertise
and technology maturation to gain maximum prominence during the
predicted period.
The leading vendors in the
market are -
- Amadeus IT Group
- Rockwell Collins
- SITA
- Ultra Electronics Airport Systems
Other prominent vendors in the
market include AirIT, Atos, Capgemini, Damarel, Ikusi, INFORM,
Lockheed Martin, NEC, Northrop Grumman, Passur, RESA, Saab Sensis,
Siemens, Travelsky, and UFIS Airport Solutions.
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Table
of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the
report
Market overview
Top-vendor offerings
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Latest developments
Five forces analysis
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