Smart Airport Market Overview & Metrics
The Smart Airport Market was valued at USD 5.60 billion in 2023 and is forecast to grow at a robust CAGR of 16.1% from 2024 to 2030, reaching approximately USD 15.92 billion by 2030. Innovative technologies such as AI, IoT, biometric systems, and robotics are driving this explosive growth, enhancing efficiency and passenger experience.
The competitive landscape is populated by key players including Honeywell International, Cisco Systems, Siemens AG, Thales Group, and SITA N.V.
United States
Growth: Smart Airport Growth in United States
The U.S. leads the smart airport sector, driven by its advanced infrastructure and high passenger throughput . Investments in automated baggage handling, biometric boarding, and 5G communications at hubs like LAX and JFK continue to surge.
Opportunity: Smart Airport Opportunities in United States
With substantial federal and private funding, modernization projects are underway to optimize aeronautical and non-aeronautical operations using AI-powered analytics and real-time monitoring systems.
Consolidation: M&A Consolidation in United States
Major mergers and strategic partnerships underway include CGI collaborating with Fraport AG at Frankfurt, which may inspire similar tie-ups in the U.S..
Asia‑Pacific
Growth: Smart Airport Growth in Asia-Pacific
Asia‑Pacific is the fastest-growing region, with a projected CAGR of 15.8% from 2025 to 2033 and a market size of approximately USD 2.1 billion in 2024. Rapid urbanization in China, India, Japan, and South Korea is fueling significant demand.
Opportunity: Smart Airport Opportunities in Asia-Pacific
Expanding tourist and business travel is encouraging governments to invest heavily in digital airport infrastructure, including IoT-based asset tracking, AI-based screening, and facial recognition.
Consolidation: M&A Consolidation in Asia-Pacific
Strategic acquisitions by major AirAsia Group—like the AirAsia X takeover of affiliates—signal future trends in airport tech integration. Additionally, alliances with Huawei and SITA for airport system deployments are emerging.
