The global smart airport market is expected to generate revenue of US$ 82,984.8 million in 2031, up from US$ 32,151 million in 2022, at a CAGR of 10.9% over the forecast period from 2023 to 2031. The market involves the integration of advanced technologies into airport infrastructure to create an intelligent, efficient, and seamless airport experience for passengers. The growth of the market is attributed to the increasing need for efficient airport operations, growing air passenger traffic, and the adoption of digital technologies in the aviation industry. Smart airport technologies are expected to become more integrated with other modes of transportation, such as trains and buses, to create a seamless travel experience for passengers. The business application segment, which includes solutions that are designed to improve airport operations and management, is expected to grow at a significant rate, driven by the increasing demand for efficient and cost-effective airport operations. The market is highly consolidated, with a few key players dominating and accounted for more than 50% of the total market revenue in 2022. Governments around the world are investing heavily in smart airport technologies to improve airport efficiency, reduce operational costs, and enhance the passenger experience. However, the high cost of implementing smart airport technologies can be a challenge, and integrating smart airport technologies with legacy systems can be challenging, and may require significant resources and expertise. Additionally, the use of biometric identification and other advanced technologies raises privacy concerns among passengers and other stakeholders, and smart airport technologies are vulnerable to cyberattacks, which can have serious consequences for airport operations and passenger safety.