Overview and Scope
An airport kiosk system refers to a self-service platform at airports that allows passengers to perform various tasks such as check-in, print boarding passes, upgrade seats, and handle baggage check-in. It streamlines the check-in process, reducing queues and enhancing efficiency for both travelers and airlines. They aim to provide convenience and flexibility while optimizing airport operations.
Sizing and Forecast
The airport kiosk system market size has grown strongly in recent years. It will grow from $1.93 billion in 2023 to $2.10 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to passenger volume growth, operational efficiency, enhanced passenger experience, cost savings, technology advancements, and regulatory compliance.
The airport kiosk system market size is expected to see strong growth in the next few years. It will grow to $2.97 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to digital transformation, COVID-19 impact, enhanced security measures, rising passenger expectations, efficiency and cost savings, regulatory compliance, personalization, and data analytics. Major trends in the forecast period include integration of AI and machine learning, expansion of contactless solutions, multi-functional kiosks, customization and branding, enhanced security features, data analytics for optimization, sustainability initiatives, and cloud-based solutions.
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Segmentation & Regional Insights
The airport kiosk system market covered in this report is segmented –
1) By Type: Check-in Kiosks, Automated Passport Control Kiosks, Common-use Self Kiosks, Bag Drop Kiosks, Retail Kiosks, Other Types
2) By Component: Hardware, Software, Services
3) By Application: Large Airport, Medium Airport, Small Airport
North America was the largest region in the airport kiosk system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport kiosk system 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 passenger volume is expected to propel the growth of the airport kiosk system market going forward. Passenger volume refers to the total number of people who travel through an airport within a certain period, which is usually measured in days, months, or years. The increase in passenger volume can be attributed to various factors, such as economic growth, population growth, improved transportation infrastructure, and changes in travel preferences. Airport kiosk systems help accommodate high passenger volumes by streamlining check-in processes, reducing wait times, and enhancing the passenger experience. These systems empower travelers to manage their journey independently, contributing to smoother airport operations and customer satisfaction. For instance, in February 2023, according to the International Civil Aviation Organization, a Canada-based specialized agency of the United Nations, the number of air passengers carried in 2022 increased by an estimated 47% compared to 2021, while revenue passenger kilometers (RPK’s) increased by around 70% over the same period. Therefore, the increasing passenger volume is driving the growth of the airport kiosk system market.
Key Industry Players
Major companies operating in the airport kiosk system market are RTX Corporation, International Business Machines Corporation, Honeywell International Inc., Fujitsu Ltd., Bollore SE, Amadeus IT Group SA, NCR Voyix Corporation, Toshiba TEC Corporation, Advantech Co Ltd, Société Internationale de Télécommunications Aéronautiques, Materna IPS GmbH, IER Inc., KIOSK Information Systems, Embross Group, Phoenix Kiosk Inc, Meridian Kiosks, Parabit Systems Inc., Olea Kiosks Inc, Wincor Nixdorf International GmbH, Elenium Automation Pty Ltd, Lilitab LLC, Innovative Travel Solutions
The airport kiosk system market report table of contents includes:
1. Executive Summary
2. Airport Kiosk System Market Characteristics
3. Airport Kiosk System Market Trends And Strategies
4. Airport Kiosk System Market – Macro Economic Scenario
5. Global Airport Kiosk System Market Size and Growth
..
32. Global Airport Kiosk System Market Competitive Benchmarking
33. Global Airport Kiosk System Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Airport Kiosk System Market
35.Airport Kiosk System Market Future Outlook and Potential Analysis
36. Appendix
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