Global Airport Digitization Market Report, 2021-203

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Dublin, October 18, 2021 (GLOBE NEWSWIRE) – The “Airport digitization – Technological trends and future best practices 2021-2030” the report was added to ResearchAndMarkets.com offer.

Global airports have faced extreme challenges in generating sustainable revenues and sustaining spending due to the sudden decline in passenger demand and flight operations caused by the COVID-19 crisis.

The sudden spread of the coronavirus, slow vaccination rates, uncertain travel regulations, declining passenger confidence and shrinking economies have resulted in a drastic reduction in not only domestic and international passenger numbers, but also weakness. the financial situation of the industry.

Accelerated vaccination rates, adherence to regulations set by health authorities, planned eases from the lockdown and transparent travel policies will be key to the overall recovery of the aviation industry. Minimizing fixed costs, optimizing operating costs, ensuring an efficient and safe passenger experience, and improving employee safety and productivity will be essential for airports to maintain their business operations during the journey. recovery period.

The transition of aviation applications from legacy infrastructure to cloud infrastructure is a key digital initiative being implemented in the majority of airports around the world. The growing adoption of the Internet of Things (IoT) has led to a significant increase in data collection capabilities.

These capabilities have increased attention to cybersecurity initiatives and maintaining the integrity of sensitive data. Artificial intelligence (AI) and blockchain will play a crucial role not only in improving data security, privacy and transparency, but also in complying with data regulations. Location services and smartphone apps will help develop personalized and highly personalized offers that can further improve ancillary revenue.

Most airports are now focusing on automating passenger touchpoints, but they are expected to move beyond automation and improve operational efficiency over the next 2-3 years. The aviation industry requires higher levels of collaboration between software and hardware vendors and major integrators to meet business requirements and provide transparent services.

Sustainability is a crucial initiative and airports prioritize optimizing fuel use, reducing carbon and noise emissions, etc.

The importance of non-aeronautical revenues has grown significantly over the past decade and plays a key role in improving the financial resilience of airports. Airports are facing increasing pressure on their bottom line due to volatile operating costs. Non-aeronautical revenues will ensure profitability despite increased operating expenses.

Total airport management (TAM) brings together all the aeronautical players in the airport ecosystem. It interconnects all airport systems, such as check-in counters, baggage drop-off areas, self-service kiosks and network and security systems. It provides the airport with the ability to pull real-time data from various data silos to analyze and deliver information to improve decision-making is a major benefit. It can also give airports the predictive ability to highlight potential scenarios / failures and make the best decision.

Main topics covered:

1. Strategic imperatives

  • Why is it more and more difficult to cultivate?

  • The strategic imperative

  • The impact of the three main strategic imperatives on the digitization of airports

  • Growth opportunities fuel the engine of the growth pipeline

2. Key trends in airport digitization, 2021

  • Segmentation

  • Priority areas for digital transformation, 2021-2030

  • Next Generation Technologies

  • Regional analysis

  • Airport digitization landscape

  • Adoption – Major World Airports

  • Growth engines for the digitization of airports

  • Growth constraints for the digitization of airports

3. Universe of growth opportunities

  • Growth Opportunity 1: Digital Retail for Higher Non-Aviation Revenue

  • Growth opportunity 2: Total management of the airport for optimal efficiency

  • Growth Opportunity 3: Large Scale Biometric Implementation for Faster Passenger Processing

Companies mentioned

For more information on this report, visit https://www.researchandmarkets.com/r/q21me2

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