A report released by independent researcher MarketsandMarkets estimates that the value of the airport information systems (AIS) sector will reach US$3.96bn by 2020, marking a compound annual growth rate (CAGR) of 5.7% when compared with today’s value of US$3bn.
The report states that the AIS market is being driven by a number of factors such as increasing passenger traffic, the need for real-time information sharing and the desire for risk management solutions. It segments the AIS market on the basis of airport size, cost, application, function and software.
On the basis of airport size, the market is segmented into Class-A, Class-B, Class-C, and Class-D. The cost segment is based on the type of investments that are made in software, and has been categorized into procurement, integration and operation costs. On the basis of application, the market is segmented into terminal side and airside. By function, the market includes Airport Operation Control Center and Departure Control System sub-segments. On the basis of the software type, the AIS market has been divided into passenger and non-passenger sub-segments.
North America is expected to account for the largest share of the global AIS market with an estimated 40.8%. This is due to the increasing rate of airport expansion and development programs being undertaken in the past decade. North America is followed by Europe and Asia-Pacific.
Some of the businesses examined in the AIS market include SITA, Amadeus IT Group, Rockwell Collins, INFORM and Siemens. Other competitors include IBM Corp, Ultra Electronics Holdings, Northrop Grumman Corporation and IKUSI.
To find out more and to download a copy of Airport Information Systems Market by Function (AOCC, and DCS), Airport Size (Class A, Class B, Class C, and Class D), Application (Airside, and Terminal side), Cost, Software, and Region – Global Forecasts to 2020, click here.
