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Smart Airport Market Size Worth $25.09 Billion by 2025 | CAGR: 10.7%: Grand View Research, Inc.SAN FRANCISCO, August 16, 2017 /PRNewswire/ -- The global smart airport market is expected to reach USD 25.09 billion by 2025,growing at a CAGR of 10.7%, according to a new report by Grand View Research, Inc. The growth can be accredited to increased penetration of automated and connected airport processes, such as self-service check-ins, smart baggage drop, and smart luggage tracking. (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) Moreover, the rising demand for various technologically-advanced non-aeronautical systems, communication systems, and security systems such as electronic bag tags is expected to boost the growth over the forecast period. Emerging technologies and devices, such as smart access control systems, fingerprint readers, and smart card technology are being increasingly implemented by airports for enhancing the overall passenger experience. Additionally, with the introduction of smartphone-based airport applications, passengers are now able to utilize real-time information, such as gate number, arrival time, direction to airport, check-in line, and flight booking. Companies across the globe are investing heavily on IT and digital technology to effectively streamline their business processes and provide value-added services to customers. A majority of airports are now focusing on passenger self-service solutions and are planning to implement new technologies, such as the adoption of Bluetooth-enabled beacons to provide connected airport solutions. Contemporary airport operation and business models have led to an explosive growth of the airline industry. Rising concerns of industry participants pertaining to increased competitiveness have led to a shift in focus towards a customer-centric and data-driven approach to enhance operational efficiency. Moreover, with the emergence of Airport 3.0, airports worldwide are seeking to leverage the benefits of emerging technologies with advanced capabilities. Browse full research report with TOC on "Smart Airports Market Analysis By Technology (Security Systems, Communication Systems, Air/Ground Traffic Control), By Application, By Location, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/smart-airports-market Further key findings from the report suggest:
Grand View Research has segmented the global smart airport market on the basis of technology, application, location, and region:
Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blogs/technology About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Web: http://www.grandviewresearch.com SOURCE Grand View Research, Inc. 
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