- Press Release -

Fact.MR, a market research and competitive intelligence provider, has conducted a comprehensive analysis on the airport kiosk market, which is expected to surge at a CAGR of 9% over the forecast period (2021 to 2031), and reach a valuation of US$ 4 Bn by 2031.

Growing demand for efficient management of airport activities has led to huge rise in the installation of airport kiosks. In order to avoid delays, increased tendency of consumers towards self-service solutions at airports is an important factor driving demand for airport kiosks worldwide.

Self-service technologies, including airport kiosks, have led to reduced waiting times and faster processing at airports, which has helped authorities provide a superior experience to consumers.

Besides self-service check-in airport kiosks, airport authorities are now turning their attention towards self-bag tagging and drop off collection systems. Although these technologies are at a nascent stage, it is expected that investments in these technologies will witness a surge over the coming years.

Key Takeaways from Market Study

• Global airport kiosk market to top US$ 4 Bn by 2031.
• Baggage check-in kiosks projected to reach around US$ 1.6 Bn by 2031.
• Automated passport control kiosks projected to record above 10% CAGR over the next 10 years.
• Market in Europe holds share of more than 40%.
• Market in Japan to record 8% CAGR over forecast period of 2021- 2031.

“Rise in air passenger traffic, growing investments in airport infrastructure by government organizations, and integration of technology such as biometrics into kiosks for speedier passenger processing are factors expected to boost market growth over the next ten years,” says a Fact.MR analyst.

Market Competition

Leading manufacturers are turning to cognitive technologies to fulfil expanding end user demands.

• In 2019, SITA confirmed that its Scan&Fly self-service bag drop will be installed at 18 airports in five countries across the Americas.

Companies will be able to secure new contracts by developing new kiosks with many functions, such as easy check-in, printing bag tags, and allowing passengers to purchase additional services and contactless payment devices, among other things.

More Valuable Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the airport kiosk market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.

The study divulges essential insights on the market on the basis of product (check-in kiosks, automated passport control kiosks, baggage check-in kiosks, information kiosks, ticketing kiosks, internet kiosks, and others) and component (airport kiosk hardware, airport kiosk software, and airport kiosk services), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa).

Fact.MR’s Domain Knowledge in Technology Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned technology products team at Fact.MR helps clients from across the globe with their unique business intelligence needs.

With a repertoire of over thousand reports and 1 million-plus data points, the team has analysed the technology division across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

For more information, refer to our market research report or contact the PR author.

Shubham Patidar

Fact.MR

Consultant – Technology

E-mail: shubham@factmr.com