Global airport information system market is expected to reach USD 5.01billion in 2021, growing at a CAGR of slightly above 5.12% between 2016 and 2021
Sarasota, FL -- (SBWIRE) -- 04/13/2017 -- Zion Market Research has published a new report titled "Airport Information System (Airport Operation Control Centers (AOCC), Departure Control Systems (DCS)) Market for Air Side and Terminal Side Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015-2021". According to the report, global airport information system market was valued at around USD 3.71 billion in 2015 and is expected to reach approximately USD 5.01billion in 2021, growing at a CAGR of slightly above 5.12% between 2016 and 2021.
Airport information system has become a backbone for business, supporting systems and processes of an airport. It helps in to enhance productivity and also efficiency in cutting costs and increase revenue and facilitate the passenger experience. The investment in airport information system technology has become an integral part of overall safety and security of the airport enterprise.
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Growing adoption of passenger mobile application is driving the airport information system market. It uses Bluetooth to activate or trigger the display of information on smartphones and tablets that are relevant to the specific location and context of the passenger. For instance, Cork Airport formed the partnership with revolutionary flight tracking service Flightradar24 to provide real-time flight tracking via its airport app. The innovative feature is enabled to the airport passenger to view detailed information on the airport's departing and arriving flights by clicking on an aircraft on the in-app map. Through which users can discover an aircraft's route, type, speed, altitude, distance traveled and total distance to the destination. Another factor is increasing emphasis on IT investment for enhancing passenger experience at an airport is fueling the growth of this market.
However, lack of integration can hinder the airport information system market growth. Implementation of airport information system is not feasible for the developing countries due to the high cost incurred for its implementation.
Airport information system market is segmented into airport operation control centers (AOCC) and departure control systems (DCS). The AOCC plays the key role for both passenger and non-passenger software systems. It accesses information about flight movement from air traffic control systems and sends it to the airport operational database in order to transfer the information to the flight information display system for display on screens at airport terminals. On the basis of the size airport information system is segmented into class- A, class-B, class-C and class D. Software segment is bifurcated as the non-passenger system and passenger system. The class-b segment is estimated to account highest share in AIS market and in software segment nonpassenger segment is expected to show robust growth in near future.
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The major players operating in the airport information system market are Inform GmbH, SITA, Resa Airport Data Systems, Ultra Electronic Holdings, Rockwell Collins Inc, Northrop Grumman Corporation, Amadeus IT Group SA, Siemens AG, International Business Machines Corporation, and Ikusi S.A, among others.
The reported segment of global airport information system market as follows:
Global Airport Information System Market: Function Segment Analysis
Airport Operation Control Centers (AOCC)
Departure Control Systems (DCS)
Global Airport Information System Market: Software Segment Analysis
Non-Passenger Systems
Passenger Systems
Global Airport Information System Market: Size Segment Analysis
Class-A
Class-B
Class-C
Class-D
Global Airport Information System Market: Regional Segment Analysis
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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