Global Airport Kiosks Market to be driven by Extensive Demand for Self-service Solutions

Posted by John Warner
6
Jan 20, 2016
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The global airport kiosks market is witnessing an immense surge in the demand all over the world. In 2014, the worldwide market stood at US$248.7 mn. Driven by the extensive demand for self-service solutions, analysts project this market to rise at a healthy CAGR of 16.10% during the period from 2015 to 2022 and reach a value of US$815.1 mn by the end of 2022.

The rising investment for the advancement of airports, especially in the field of IT, is fueling the market for airport kiosks in the global arena. However, the increasing number of mobile apps, providing almost same facilities as kiosks, is likely to hamper the growth of this market in the near future.


Hardware to Maintain Dominance, CUSS to Continue its Lead


Software, hardware, and services are the main components of the global kiosks market. In 2014, the hardware segment dominated the overall market. Even in the coming years, this segment is likely to strengthen itself, retaining its leadership.

Automated passport control (APC), common-use self-service (CUSS), information, baggage check-in, currency exchange kiosks (CEK), and various retail kiosks are the key segments of the worldwide airport kiosks application market. The market for CUSS contributed the highest revenue in the global airport kiosks market in 2014. This ongoing trend is expected to prevail in the market over the next few years.

The market for airport kiosks is expected to witness a substantial demand from the retail, APC, and information segments on account of the rising demand for information pertaining to booking tickets, flight status, and on-demand dining facilities at airports across the globe.


North America to Continue its Lead in Global Airport Kiosks Market


North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa are the key regional markets for airport kiosks. Among these, North America led the global market with a share of 37% in 2014. The highly developed infrastructure of this region has boosted the construction as well as modification of airports in North America, triggering the adoption of advanced self-service systems such as kiosks at airports. Owing to this, analysts expect the North America airport kiosks market to maintain its dominance in the coming years.

Europe is the second largest airport kiosks market across the globe. The U.K., Ireland, and France are the leading contributors to the Europe market for airport kiosks in terms of revenue. These countries are witnessing a high degree of investment in the field of self-service technologies for the development of airports. This factor, coupled with intense technical advancement, is likely to stimulate this market to a great extent. The airport kiosks market in Asia Pacific has also emerged as a potential regional market owing to the high number of upcoming airport projects in the region.


The rising investment in the area of airport IT in the Middle East and Africa is driving the airport kiosks market in this region. Additionally, the increasing installation of self-check-in kiosks at airports is stimulating the market in Latin America.


Global Airport Kiosks Market: Competitive Landscape


The global market for airport kiosk is moderately consolidated and is led by Medinyx, Fujitsu Ltd., Toshiba Tec Corp., Wincor Nixdorf International GmbH, Embross Group, SITA, NCR Corp., Kiosk Information Systems, IER SAS, and Rockwell Collins Inc.


Browse the full Airport Kiosks Market report at http://www.transparencymarketresearch.com/airport-kiosks-market.html


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