The smart airport market size is projected to reach US$ 116.80 billion by 2031 from US$ 30.01 billion in 2023. The market is expected to register a CAGR of 18.5% during 2023–2031.
The smart airport market is growing rapidly, driven by increasing air traffic and the need for efficient operations. Technologies like IoT, AI, and biometrics enhance passenger experience, security, and energy efficiency. Key solutions include automated check-ins, smart baggage systems, and predictive maintenance. North America and Europe lead the market, while Asia-Pacific exhibits strong growth potential with infrastructure investments.
Source: The Insight Partners
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