Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Smart Airport Market size was over USD 6.52 billion in 2024 and is anticipated to cross USD 25.92 billion by 2037, witnessing more than 11.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of smart airport is estimated at USD 7.14 billion.
As commuters become more technologically sophisticated and connected, we have entered the “Airport 3.0” revolution where technology and data combined transform airport operations.
Digital technology such as cloud computing, big data and analytics, smart machines and robots, virtual modeling and simulation, and the internet of things (IoT) has been implemented in smart airport for the operations. Cloud computing can facilitate airports to be more responsive and created new solutions with better ease. Whereas, analytics and virtual modeling can help in monitoring passenger flows.
As the countries across the globe have gone into lockdowns, the aviation sector has suffered enormously. As the primary point of entry and exit in most countries, airports play a vital part in handling health emergencies.
