Increase in air passenger traffic across the globe, rise in utilization of artificial intelligence and tools for big data analysis, and increase in focus on security on airports drive the growth of the global smart airport market.
WILMINGTON, Del., Nov. 6, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Smart Airport Market by Application (Landside, Airside, and Terminal Side), Airport Size (Small, Medium, and Large), and Type (Airport 2.0, Airport 3.0, And Airport 4.0).): Global Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the global smart airport market size was valued at $7.10 billion in 2022, and is projected to reach $24.28 billion by 2032, registering a CAGR of 13%.
Prime determinants of growth
Factors such as increase in air passenger traffic across the globe, rise in utilization of artificial intelligence and tools for big data analysis, and increase in focus on security on airports boost the growth of the…
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