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TechNavio Publishes Research Report on Global Airport IT Market - TechNavio, the independent London based global research firm today announced the publication of its research report on the Global Airport IT Market - TechNavio.com
TechNavio Publishes Research Report on Global Airport IT Market

 

PRZOOM - /newswire/ - London, United Kingdom, 2013/09/26 - TechNavio, the independent London based global research firm today announced the publication of its research report on the Global Airport IT Market - TechNavio.com.

   
 
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• Global e-passport Market to grow to US$3.75 billion by 2016;
• Key Leading Countries are USA, Germany and Japan.

This report covers the present scenario and the growth prospects of the Global Airport IT market for the forecast period 2012-2016. To calculate the market size, the report considers revenue generated through sales of IT applications to Airports. It also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the Global Airport IT market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Worldwide, Airports have been spending around 15-20 percent on traditional IT infrastructure to manage the day-to-day operations and reduce costs. However, there has been a gradual shift in IT spending by Airport authorities on new platforms like social media, smartphones sales, and passenger self-services, to increase profit margins and revenues. This has prompted many vendors to understand the gradual shift in the people’s mindsets and come up with innovative technological solutions to address the emerging needs.

Globally, the market is dominated by the 4 large European players Amadeus IT Group, INFORM, SITA S.A. and Ultra Electronics Airport Systems, who are offering various solutions in this space to potential Airport authorities.

Based on the types of solutions offered, the Global Airport IT market has three segments: operational systems, passenger-processing systems, and administrative systems.

Operational systems used to process the daily transactions of an organization accounted for the largest share of 42 percent in 2012 and will continue to grow during the forecast period. Passenger processing systems and administrative systems will be closely following this.

Speaking on this occasion, one of the senior analyst and co-author of this report said,“With so many solutions being offered by various players, what needs to be seen is how these players can keep up with the evolving trends in this market like increasing network virtualization, mobile solutions and cloud computing offerings. Without a proper plan of action the high cost of implementation will act as the biggest challenge for the growth of this market in the coming times.”

To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of drivers, challenges, and trends of this market featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in order of importance.

About TechNavio
TechNavio (technavio.com) is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.

TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Airport IT Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.

 
 
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TechNavio Publishes Research Report on Global Airport IT Market

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Contact: Rituparna Roy - TechNavio.com 
+44(0)20 7291 0882 media[.]technavio.com / enquiry[.]technavio.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechNavio / Infiniti Research Ltd securities in any jurisdiction including any other companies listed or named in this release.

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