Airport investments to drive Middle East smart airports market to $850 million within three years
posted on Mar 15, 2016
UAE airports lead in smart technology adoption
Airport Show 2016 to show latest technologies and innovations
Smart Airports to transform passenger experience
Technology enables passengers to take more control of their travel experience
DUBAI, March 15, 2016: Smart Airports are set to revolutionise passenger experience as airports allocate higher budgets to expanding and adopting the latest smart technologies. Massive investments in the region, especially the UAE, will drive the Middle East smart airports market to cross US$850 million within the next three years.
A latest study by Technavio says the global market for smart airports is estimated to reach $13 billion by 2019, at a combined annual growth rate of 6 per cent.
From smart gates, beacon technology, mobile devices to navigate the airports and face recognition systems, to air traffic management, baggage and check in management, IP-based security monitoring, communications, ticketing, and information systems, freight operations information systems, air traffic management and airways analytics, airports worldwide are actively adopting new technologies.
The latest technologies and innovations that will change the way of future travel will be showcased at the 16th edition of the Airport Show, to be held from May 9-11.
The Airport Show 2016 will take place at the Dubai International Convention and Exhibition Centre (DICEC) under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group.
Daniyal Qureshi, Group Exhibition Director at Reed Exhibitions Middle East, the organisers of the Airport Show, said: “Airports are more active than ever in adopting new and smart technologies and they are reaping benefits in enhancing efficiencies, passenger experience as well as in reducing costs.”
“With global passenger numbers expected to rise to 7.3 billion by 2034, airports need to ensure they are able to cope with the rising numbers, and, at the same time, offer seamless travel experience. Smart technologies can greatly help in delivering a hassle-free passenger experience that can put an airport ahead of its competitors.”
The UAE has been on the forefront when it comes to adopting the latest smart technologies. An investment of more than AED100 million has been made toward the Smart Gates initiative at the Dubai International Airport.
Enhancing capacity and ensuring seamless operations is the primary driver for GCC airports, which are expected to handle 450 million passengers by 2020.
The use of smart technology is not only contributing to enhancing passenger experience but also expected to help authorities in the region reduce 25 per cent of operational costs.
According to SITA IT Airport Survey, with 81 per cent of airports investing in beacons and other sensors over the next three years, passengers can look forward to a more comfortable and predictable journey through the airports.
The survey estimates that 80 per cent of airports will use beacons to provide way-finding services and 74 per cent to provide notifications to passengers within the next two years. More than half of the airports are likely to have sensors in use at various points of the journey including check-in, bag drop, security, dwell time and boarding by 2018.
Real time notifications about travel information such as local traffic, waiting times, or queue times will be more common as will mobile services such as specialised apps for navigating the airport.
The International Air Transport Association (IATA), the global trade body for airlines, says the increased use of devices, applications, networks and services will open up a whole new world for systems integration in the airports environment.
A Markets and Markets study says the global market for smart airports will reach US$13.5 billion by 2020. The market is expected to see 5.61 per cent CAGR to 2020.
Media Source: Reed Exhibitions