The smart airports market is estimated to be at $9,718.07 million in 2014, and is projected to register a CAGR of 5.61% to reach $13,481.17 million by 2020.
The report covers the market through a detailed study of specific regions and countries to give a brief of the market dynamics in the smart airports market over the forecast period. The market is driven majorly by an increasing demand in automation at airports and growing air traffic.
It is estimated that passengers would use their mobile devices for flight status, baggage status, and airport directions, as majority of airlines and airports are expected to offer these services by 2016. Globally, 100% of airlines and 90% of airports have been investing in business intelligence solutions to provide the advanced software across all airports operations.