Overview and Scope
An airport kiosk is a touch-screen gadget in an airport. That helps passengers to self-check in and pay using credit or debit cards at no additional cost. It also offers a valid boarding pass. In congested airports, travelers can save time by using kiosks to bypass lengthy lines.
Sizing and Forecast
The airport kiosks market size has grown strongly in recent years. It will grow from $1.77 billion in 2023 to $1.92 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to passenger traffic growth, enhanced passenger experience, operational efficiency, cost reduction for airlines, rise in air travel demand.
The airport kiosks market size is expected to see strong growth in the next few years. It will grow to $2.61 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to expansion of self-service offerings, sustainability and energy efficiency, enhanced security features, growing focus on accessibility, modular and flexible kiosk designs. Major trends in the forecast period include integration with airport operations, customized services and information, data analytics for personalization, digital payment solutions, mobile integration and connectivity, multilingual and user-friendly interfaces.
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Segmentation & Regional Insights
The airport kiosks market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Location: Indoor, Outdoor
3) By Application: Information, Common Use Self Services, Ticketing, Automated Passport Control, Other Applications
Asia-Pacific was the largest region in the airport kiosks market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global airport kiosks market during the forecast period. The regions covered in the airport kiosks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing IT spending at airports is expected to propel the growth of the airport kiosks market going forward. IT spending refers to the sum of money allocated to an organization’s information technology systems and services, including salaries for IT staff and costs associated with setting up and maintaining company-wide systems and services. Airport kiosks use information technology. The rise in IT spending is increasing the adoption of airport kiosks. For instance, in March 2023, according to Aviation Week Network, a UK-based production company reports, 93% of airports anticipating higher IT budgets in 2023 compared to 2022, airport IT spending is expected to continue its steady year-over-year growth trend from 2020 to support this push for digitalization. Therefore, the increasing IT spending at airports is driving the growth of the airport kiosk market going forward.
Key Industry Players
Major companies operating in the airport kiosks market report are Embross Group, Wincor Nixdorf International GmbH, NCR Corporation, SITA, Toshiba Tec Co., IER SAS, RTX corporation, Fujitsu Ltd., Phoenix Kiosk Inc., Kiosk Information Systems Inc., Olea Kiosks Inc., Innovative Travel Solutions, Materna IPS GmbH, Elenium Automation Pty. Ltd., Honeywell International Inc., Amadeus IT Group, Siemens AG, IBM Corporation, Safariland LLC, March Limited, Advantech Pvt. Ltd., Axon Enterprise Inc., Parabit Systems Inc., Marcus Pedersen Ap, TBOTECH Safety & Security, Zamzar Limited, ICTS Europe S.A, BOCA Systems Inc., Identiv, OBERON-ALPHA
The airport kiosks market report table of contents includes:
1. Executive Summary
2. Airport Kiosks Market Characteristics
3. Airport Kiosks Market Trends And Strategies
4. Airport Kiosks Market – Macro Economic Scenario
5. Global Airport Kiosks Market Size and Growth
…..
32. Global Airport Kiosks Market Competitive Benchmarking
33. Global Airport Kiosks Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Airport Kiosks Market
35. Airport Kiosks Market Future Outlook and Potential Analysis
36. Appendix
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