Which drivers are expected to have the greatest impact on the over the airport kiosks market’s growth?
The progression of the airport kiosks market is anticipated to be fueled by escalating IT expenditure at airports. This IT spending implicates the overall funds assigned to a company’s IT systems and services, which includes the salaries of IT employees as well as expenses related to the establishment and upkeep of organization’s systems and services. These airport kiosks leverage this information technology. The increased IT spending has led to a surge in the adoption of airport kiosks. For instance, as per the reports of Aviation Week Network, a UK-based production company, in March 2023, it was anticipated that 93% of airports would have larger IT budgets in 2023 compared to 2022. Thus, this augmenting expenditure on IT at airports is a key driver for the expansion of the airport kiosk market in the future.
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What is the future CAGR of the airport kiosks market, and how will it impact industry expansion?
The market size for airport kiosks has demonstrated substantial growth over recent years. The market is projected to increase from $1.89 billion in 2024 to $2.03 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%. This growth during the historic period can be credited to a rise in passenger traffic, improved passenger experience, operational effectiveness, cost savings for airlines, and an increase in demand for air travel.
Expectations are high for a robust expansion in the airport kiosks market over the coming years, with projections indicating it will appreciate to “$2.77 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.1%. Factors fueling this growth during the forecast period are the broadening of self-service offerings, sustainability and energy efficiency, improved security aspects, a growing emphasis on accessibility, and the development of modular and flexible kiosk designs. Key trends to watch in the forecast period encompass the integration of kiosks with overall airport operations, personalized services and information, utilization of data analytics for customization, advancements in digital payment methods, mobile linkage and connectivity, as well as multilingual and user-friendly interfaces.
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What are the most significant trends transforming the airport kiosks market today?
The advent of technological innovation is a major trend gaining traction in the airport kiosks sector. Firms in this market are turning to advanced technology to maintain their market stance. For instance, Vision-Box, a software company from Portugal that specializes in providing self-service solutions based on biometric technology, launched a mobile kiosk for airports in July 2022. The mobile kiosk provides more adaptability for airport authorities with their biometric system. Powered by battery, the ‘kiosk-on-wheels’ can be transported across various parts of the airport with ease. It serves those who wish to access a lounge, as well as facilitating screening at boarding and security checkpoints.
Which key market segments comprise the airport kiosks market and drive its revenue growth?
The airport kiosks market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Location: Indoor, Outdoor
3) By Application: Information, Common Use Self Services, Ticketing, Automated Passport Control, Other Applications
Subsegments:
1) By Hardware: Kiosk Displays, Input Devices, Payment Processing Units
2) By Software: Check-In Software, Baggage Tracking Software, Payment And Reservation Systems
3) By Services: Installation Services, Maintenance And Support Services, Software Development And Integration Services
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What regions are at the forefront of airport kiosks market expansion?
Asia-Pacific was the largest region in the airport kiosks market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global airport kiosks market during the forecast period. The regions covered in the airport kiosks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the airport kiosks market?
Major companies operating in the airport kiosks market include Embross Group, Wincor Nixdorf International GmbH, NCR Corporation, SITA, Toshiba Tec Co., IER SAS, RTX corporation, Fujitsu Ltd., Phoenix Kiosk Inc., Kiosk Information Systems Inc., Olea Kiosks Inc., Innovative Travel Solutions, Materna IPS GmbH, Elenium Automation Pty. Ltd., Honeywell International Inc., Amadeus IT Group, Siemens AG, IBM Corporation, March Limited, Advantech Pvt. Ltd., Parabit Systems Inc., ICTS Europe S.A, BOCA Systems Inc., Identiv, OBERON-ALPHA
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What Is Covered In The Airport Kiosks Global Market Report?
• Market Size Forecast: Examine the airport kiosks market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the airport kiosks market for a structured understanding.
• Key Players Overview: Analyze major players in the airport kiosks market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the airport kiosks market.
• Segment Contributions: Evaluate how different segments drive overall growth in the airport kiosks market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the airport kiosks market.
• Industry Challenges: Identify potential risks and obstacles affecting the airport kiosks market.
• Competitive Landscape: Review strategic developments in the airport kiosks market, including expansions, agreements, and new product launches.
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