North America Smart Airport Market Size

North America Smart Airport Market Analysis

The North America Smart Airport Market size is estimated at USD 503.67 million in 2024, and is expected to reach USD 947.86 million by 2029, growing at a CAGR of 13.48% during the forecast period (2024-2029).

The COVID-19 pandemic has severely impacted the global aviation industry. The adverse impacts of the pandemic resulted in huge supply-demand issues and delayed activities of smart airport operations globally. The airlines faced unmatched challenges due to travel restrictions and a reduced number of air passengers which resulted in a decline in revenues. The market showcased a strong recovery post-COVID due to increased investment in the digitalization of airports.

The smart airport concept became the future of airport operations, and it can completely change the aviation sector toward adapting to modern technologies. The number of people opting for air travel has increased in the past few years which has resulted in increased pressure on airports and airlines to opt for advanced systems that can enhance their ground operations and support their motive to reduce aircraft turnaround time. Smart airport systems also provide numerous advantages such as they reduce physical human work, speeding up airport operations, and minimizes the environment's negative impact.

Increasing automation of the system is expected to revolutionize the entire process flow architecture in airports. Airports are using technologies such as artificial intelligence (AI) and predictive analysis for a wide range of applications, from customer service to operational efficiency.