Managing Passenger Traffic Amidst Infrastructure Constraints Is Driving Growth of the Airport Passenger Flow Market
Managing Passenger Traffic Amidst Infrastructure Constraints Is Driving Growth of the Airport Passenger Flow Market
Advancements in Internet of Things and Video Analytics will Drive the Adoption of Passenger Flow Solutions
14-Dec-2020
Global
Market Research
Description
Passenger flow management includes digital solutions that airports use to ensure a seamless passenger experience across touchpoints, reduce wait times, and increase dwell times to improve airports’ non-aeronautical revenue.
Airports had been experiencing an increase in passenger traffic until the COVID-19 pandemic roiled the travel industry. The pandemic will accelerate digital transformation projects related to passenger experience, with self-service becoming a priority. Airports’ spending capacity declined in 2020 because of travel restrictions in place around the world; private airports that tended to be early adopters of passenger flow management solutions were among those most affected.
Regulations focused on passenger data security and integrity will be a challenge for the development and implementation of passenger flow management solutions. Internet of Things technologies will drive market growth, but a concern is that the implementation of sensors on a large scale increases the number of entry points for cyberattacks that could disrupt airport operations.
The majority of solution providers in the market are small companies. The market is still in a nascent stage, even though major Tier I private airports have had some sort of rudimentary passenger flow solutions in-house for some time. Integration of solutions into legacy airport information technology infrastructure will be a complex task, so partnering with mature airport technology vendors will help solution providers in this process and allow them to gain entry to multiple airports.
Table of Contents
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Airport Information Technology Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Key Findings
CEO’s Perspective
Scope of Analysis
Roles and Responsibilities in Airport Passenger Flow Management
Stakeholder Roles in Airport Passenger Flow Management Ecosystem
Market Segmentation
Passenger Queue Management
Passenger Detection and Tracking Management
Mobility and Location-based Service Platforms
Key Competitors
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Forecast Considerations
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast by Industry Vertical
Revenue Forecast Analysis by Industry Vertical
Revenue Forecast by Region
Revenue Forecast by Region Discussion
Revenue Share
Competitive Factors and Assessment
Competitive Environment
Prolonged Crises will Lead to High Levels of Uncertainty Restricting Travel and Global Economy Strength
Stakeholders Aim to Reduce Physical Contact at All Touchpoints
COVID-19 Impact on Airports—Future Outlook
Growing Demand Leading to Infrastructure Constraint
Digitalization of Airports
Data Protection and Privacy Regulations
Internet of Things will Play a Major Role in Tracking Passenger Clusters in a Post-COVID-19 World
Passenger Self-Service Eliminating Queues and Ensuring Contactless Experience across Touchpoints
Cybersecurity
Blockchain Single Source of Identity for Passenger will Enhance Security and Passenger Processing
5G Communication will Escalate Internet of Things and Self-Service Capabilities
Case Studies—Key Technologies
Vendors are Pursuing Deals to Strengthen Product Portfolios
Competitor Profile—Veovo
Competitor Profile—SITA
Competitor Profile—Xovis
Competitor Profile—Foxstream
Growth Metrics
Revenue Forecast
Revenue Forecast by Vertical
Growth Metrics
Revenue Forecast
Revenue Forecast by Vertical
Growth Metrics
Revenue Forecast
Revenue Forecast by Vertical
Growth Metrics
Revenue Forecast
Revenue Forecast by Vertical
Growth Metrics
Revenue Forecast
Revenue Forecast by Vertical
Growth Opportunity 1—Focus on Passenger Flow Automation
Growth Opportunity 1—Focus on Passenger Flow Automation (continued)
Growth Opportunity 2—Focus on Data Sharing and Cybersecurity Capabilities
Growth Opportunity 2—Focus on Data Sharing and Cybersecurity Capabilities (continued)
The Last Word—Three Big Predictions
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
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Deliverable Type | Market Research |
---|---|
No Index | No |
Podcast | No |
Author | Abhilash Varkey Abraham |
Industries | Aerospace, Defence and Security |
WIP Number | MF82-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9000-A1 |