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Airport Kiosks Market Uptick in Tourist Arrivals Makes North America Most Lucrative Market?The demand for efficiently managing airline activities has spurred the installation of airport kiosks worldwide. The growing inclination toward self-service solutions to help passengers avoid delays is leading to a conspicuous increase in the installed base of airport kiosks worldwide. Airport kiosks are inbuilt with high-tech features that perform crucial tasks for airline passengers thus enabling them avoid standing in long queues. Airport Kiosks Market provide effective solutions to expedite passenger activities such as check-in, passenger clearance, and baggage clearance. Despite witnessing promising opportunities, the advent of mobile technologies providing similar convenience to airline passengers will limit the sales of airport kiosks to an extent. Nevertheless, as per Transparency Market Research (TMR) the market is expected to gain momentum in the near future with the rising privatization of airports. Spurred by these factors, the global airport kiosks market is expected to report a CAGR of 16.1% between 2015 and 2022. TMR forecasts the market to reach US$815.1 mn by the end of 2022. The global airport kiosks market stood at US$248.7 mn in 2014. Rising Demand from Common-use Self-services Segment to Fuel Installation of Check-in Kiosks Among the various application segments, common-use self-service (CUSS) held the largest share in the global airport kiosks market. This rising installation of check-in kiosks across airports is aided by the increasing demand from the common-use-self-service segment. These kiosks provide check-in services to airline commuters in the absence of ground staff. CUSS kiosks also guide them through the process of purchasing goods or services. According to TMR, the CUSS segment is expected to rise at a CAGR of 16.5% from 2015 to 2022. Get accurate market forecast and analysis on the Airport Kiosks Market. Request a sample to stay abreast on the key trends impacting this market : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7550 The automated passport control (APC) segment is also exhibiting remarkable growth due to the surging demand for border management solutions. Once installed, these kiosks allow the entry of only authorized passengers into the passport control area. The rising incidence of terror attacks has been boosting the deployment of APC kiosks in airports around the world. Currently, North America is exhibiting rising deployment of APC kiosks across its airports. Besides this, TMR expects the baggage check-in segment to demonstrate considerable growth through the course of the forecast period. Uptick in Tourist Arrivals Makes North America Most Lucrative Market for Airport Kiosks North America emerged as the largest regional market for airport kiosks with a share of 37% in 2014. The region will exhibit increasing demand for airport kiosks and thus maintain its lead through the forecast period. Presently, the U.S., Canada, and Mexico demonstrate the highest demand for airport kiosks in North America. The steadily rising tourist arrivals is a primary factor fuelling demand from the North America airport kiosks market. According to TMR, the airport kiosks market in North America is expected to reach US$296.7 mn by the end of 2022. The market is also expected to witness lucrative opportunities in Europe and Asia Pacific. The rising airport activities will boost the deployment of airport kiosks across Europe. In Asia Pacific, the market will gain impetus from the rising spending on airport construction in the region. The soaring airline passenger traffic has compelled governments in Asia Pacific to focus on airport construction and modernization, which subsequently has augmented the demand for airport kiosks. Additionally, rising investments in airport IT will likely bolster the market’s prospects in the Middle East and Africa. As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |