Middle-East And Africa Smart Airport Market Size

Statistics for the 2023 & 2024 Middle-East And Africa Smart Airport market size, created by Mordor Intelligence™ Industry Reports. Middle-East And Africa Smart Airport size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Middle-East And Africa Smart Airport Industry

 Middle-East and Africa Smart Airport Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 429.89 Million
Market Size (2029) USD 791.70 Million
CAGR (2024 - 2029) 12.99 %
Market Concentration High

Major Players

Middle-East and Africa Smart Airport Market Major Players

*Disclaimer: Major Players sorted in no particular order

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MEA Smart Airport Market Analysis

The Middle-East And Africa Smart Airport Market size is estimated at USD 429.89 million in 2024, and is expected to reach USD 791.70 million by 2029, growing at a CAGR of 12.99% during the forecast period (2024-2029).

The construction of several new airports in the Middle East is expected to generate significant demand for smart technologies in the coming years. Countries in Africa have plans to enhance airport passenger handling capacity, which may propel the market's growth during the forecast period.

The increased passenger traffic resulted in mounting pressure on airports and airlines, primarily to opt for advanced systems that can enhance their ground operations and support their motive of reducing aircraft turnaround time. Correspondingly, airports are using an array of automated technologies to facilitate the smooth flow of passengers and reduce aircraft turnaround times, thereby increasing their efficiency and the overall passenger experience.

The growing emphasis on adopting technologies like automation, artificial intelligence (AI), and predictive analysis for a wide range of airport applications to enhance the operational efficiency of airports is expected to drive the market in the coming years. Implementing intelligent solutions, such as advanced passenger processing systems, IoT devices, and data analytics platforms, demands considerable capital. Airports must invest in upgrading their physical infrastructure, including IT networks, sensors, and communication systems. Moreover, they must allocate funds for software development, training, and maintenance. These investments can be a barrier, particularly for smaller airports or regions with limited financial resources.

Middle-East and Africa Smart Airport Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)