Airport Supply Chain Management Global Market Intelligence Report Offers Key Futuristic Top Trends, Research Methodology and Competitive Landscape By 2033 | Cisco Systems Inc., Siemens AG, QinetiQ Group PLC, Coupa Software Inc., Verizon Connect Inc.

Overview and Scope
Airport supply chain management refers to ensuring that airports have the critical equipment they need in stock, keeping idle items to a minimum, decreasing maintenance costs, and maintaining a high level of inventory accuracy.

Sizing and Forecast
The airport supply chain management market size has grown rapidly in recent years. It will grow from $21.56 billion in 2023 to $24.04 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to regulatory changes, globalization, security concerns, economic trends, environmental concerns.

The airport supply chain management market size is expected to see rapid growth in the next few years. It will grow to $36.88 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to e-commerce growth, sustainable practices, big data and analytics, collaborative supply chains, resilience planning. Major trends in the forecast period include digital transformation, supply chain resilience, collaborative planning, automation and robotics, eco-friendly and sustainable practices..

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Segmentation & Regional Insights
The airport supply chain management market covered in this report is segmented –
1) By Component: Software, Services
2) By Type: Internal Supply Chain, External Supply Chain
3) By Application: Security, Content Management, Logistics, Integration, Collaboration, Gate Management, Performance Management, Business Applications, Other Applications

North America was the largest region in the airport supply chain management market share in 2023. The regions covered in the airport supply chain management 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
Increasing e-commerce activities are significantly contributing to the growth of airport supply chain management. E-commerce refers to exchanging money or data or purchasing and selling products and services over an electronic network, primarily the internet. E-commerce operators use cargo planes to move their shipments and deliverables. Airport supply chain management helps in the proper management of these goods. For instance, in September 2022, according to the International Trade Administration, a US-based department of commerce, consumer e-commerce made up 30% of the UK’s overall retail sector (up from 20% in 2020), with an annual e-commerce revenue of more than $120 billion. Therefore, increasing e-commerce activities is driving the growth of the airport supply chain management market.

Key Industry Players
Major companies operating in the airport supply chain management market report are International Business Machines Corporation, Cisco Systems Inc., Siemens AG, Honeywell International Inc., Raytheon Company, QinetiQ Group plc, Amadeus IT Group SA, Sita, Rockwell Collins Inc., Inform GmbH, Dassault Systèmes SE, Vanguard Software Corporation, Coupa Software Inc., Verizon Connect Inc., Ultra Electronics Holdings plc, Unisys Corporation, Lockheed Martin Corporation, Indra Sistemas S.A., TAV IT, L3Harris Technologies Inc., Thales Group, Collins Aerospace, Sabre Corporation, GE Aviation, Accenture, Capgemini, Bollore Transport & Logistics, Panalpina World Transport Holding Ltd., Ceva Logistics AG, Geodis

The airport supply chain management market report table of contents includes:
1. Executive Summary