Global Airport Information Systems Market Research Report- Forecast till 2023

Published - Jun 2019 | Category - Aerospace and Defense | No. of Pages - 123 | Published By - Market Research Future


Global Airport Information Systems Market is projected to witness an impressive CAGR of 7.27% during the forecast period (2018-2023). Towards the end of 2023, the market is projected to surpass a valuation of USD 5,750.8 Mn.

Global Airport Information Systems Market: By Systems [Airport Operation Control Centre (Resource Management, Cargo Handling, Flight Dispatch and Others) and Departure Control System (Passenger Check-in & Boarding, Flight Information Display System, Weather Monitoring System)], By Type (Passenger System and Non-Passenger System), By Platform (Aeronautical Systems and Non-Aeronautical Systems) and Region - Forecast Till 2023

Market Snapshot

The global airport information systems market is projected to witness an impressive CAGR of 7.27% during the forecast period (2018-2023). Towards the end of 2023, the market is projected to surpass a valuation of USD 5,750.8 Mn. There is a sharp rise in use of flight information display systems (FIDS) on account of the growing importance of real-time information. Moreover, increased investment in agile and innovative airport management technologies characterizes the market growth. With modern airports becoming larger and multifaceted, the need for advanced airport information system is more than ever-before. Nonetheless, the vulnerability to cyber threats continue to cast a shadow over the market potential of airport information systems.


 

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