Global Airport Kiosks expected to expand at a CAGR of 16.1% by 2022


Posted May 30, 2016 by john55364

Global airport kiosks market was valued at US$248.7 mn in 2014 and is expected to expand at a CAGR of 16.1% from 2015 to 2022, reaching US$815.1 mn by the end of the forecast period

 
Transparency Market Research has published a new report on the global airport kiosks market. As per the report, the global airport kiosks market stood at US$248.7 mn in 2014 and is predicted to reach US$815.1 mn by 2022. The report, titled ‘Airport Kiosks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2022’, states that the global airport kiosks market is predicted to expand at a 16.10% CAGR during the period between 2015 and 2022.

The increasing use of kiosks at airports is a trend observed all over the world. The demand for airport kiosks is mainly supported by the increasing deployment of self-service solutions at airports. The increasing number of people traveling by air is also expected to propel the global market for airport kiosks in the years to come. The increasing airport traffic and the growing need to effectively manage self-service solutions are two of the other factors contributing towards the growth of the global airport kiosks market in the coming few years.

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The global airport kiosks market is segmented on the basis of geography, component, and application. The global airport kiosks market is classified by application into common-use self-service, automated passport control, baggage check-in, information, and others. In 2014, in terms of revenue, the common-use self-service application segment led the global airport kiosks market and is predicted to maintain its dominance through 2022. Considerable demand is also predicted to be registered for various applications such as retail, APC, and information kiosks. The demand for ticket booking kiosks, flight status kiosks, and on-demand dining facilities is also predicted to be on the higher side in the years to come.

By component, the global airport kiosks market is classified into software, hardware, and services. In 2014, in terms of revenue, the global airport kiosks market was dominated by the hardware segment. The hardware segment is predicted to expand rapidly due to the increasing airport construction across the globe. Most of the airports are concentrating on implementing innovative self-services, including kiosks, to offer higher convenience to the passengers. A growing number of passengers are accepting the use of kiosks at airports, as it allows them to save time. Self-boarding, check-in, document scanning, bag recovery, and flight ticket re-booking are some of the self-services commonly used by airport passengers. Increasing IT spending on airport services has also propelled the global airport kiosks market in the recent past.

Browse the full Airport Kiosks Market Research report at http://www.transparencymarketresearch.com/airport-kiosks-market.html

By geography, the global airport kiosks market is divided into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. In 2014, the North America airport kiosks market accounted for a 37% share in the global airport kiosks market. Going forward, North America is predicted to maintain its dominant position in the global airport kiosks market. The increasing number of air travelers across North America is expected to drive the North America airport kiosks market in the years to come.

Some of the leading companies in the global airport kiosks market are NCR Corporation, Société Internationale de Télécommunications Aéronautiques (SITA), Embross Group, Wincor Nixdorf International GmbH, Fujitsu Ltd., KIOSK Information Systems, IER SAS, Toshiba Tec Corporation, and Rockwell Collins Inc. The introduction of easy-to-use kiosk machines at airports by the leading players is predicted to create growth opportunities for the global airport kiosks market in the next few years.

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Issued By Mr.Sudip S
Country United States
Categories Technology
Tags airport kiosks market , airport kiosks research report
Last Updated May 30, 2016