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Smart Airport Market Report
Smart Airport Market Size, Share, Trend, Forecast, & Industry Analysis: 2022-2026.
The Smart Airport market is projected to grow from USD 2.2 billion in 2020 to USD 4.4 billion by 2026 at a CAGR of around 12.5% during the forecast period.
Key players operating in the Smart Airport market are Ascent Technology, Inc. (US), Cisco Systems (US), Honeywell International Inc. (US), Huawei Investment & Holding Co., Ltd. (China), International Business Machines Corporation (US), Indra Sistemas, S.A. (Spain), L3Harris Technologies Inc. (US), Raytheon Technologies Corporation (US), SITA (Switzerland) and Thales Group (France).
The target audience of Smart Airport Market includes Smart airport distributors, Smart airport suppliers, Smart airport manufacturers, Logistics organizations, Government bodies.
North America region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period.
The growth of the smart airport market is driven by growing integration of advanced technologies such as machine learning, internet of things and artificial intelligence in airports across geographies. Superior benefits of smart airports such as increased efficiency, security and productivity is expected to drive the market growth at a significant rate during the review period.
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