[Research Report] The airport hub network communication market size is expected to grow from US$ 2,522.69 million in 2023 to US$ 3,466.17 million by 2028; it is estimated to register a CAGR of 6.6% from 2023 to 2028.
As per the International Air Transport Association (IATA), global air traffic grew by 67.0% in January 2023 as compared to January 2022. In addition, air traffic grew by 84.2% in January 2023 as compared to January 2019. More air traffic leads to a higher number of flight operations globally. In addition, with the rise in e-commerce and world trade across the globe, the demand for air transport for goods transportation is growing to meet the requirements of businesses and consumers for fast deliveries. Further, according to Boeing’s Commercial Market Outlook (CMO) 2022–2041, the air cargo traffic is expected to grow by 3.8% from 2022 to 2041. Also, the air cargo traffic in 2021 increased by 21% as compared to 2020. Moreover, the world trade is expected to grow by 2.8% between 2022 and 2041, and air cargo growth is expected to rise by 4.1% for the same period. Also, the airport's management of flight operations plays a crucial role in air traffic control, flight arrival and departure, information exchange, and the management of connecting flights. Hence, a robust network communication between the airport and the airline authorities is needed, which contributes to the airport hub network communication market growth.
Airport Hub Network Communication Market -
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Airport Hub Network Communication Market: Strategic Insights
Market Size Value in US$ 2,522.69 million in 2023 Market Size Value by US$ 3,466.17 million by 2028 Growth rate CAGR of 6.6% from 2023 to 2028 Forecast Period 2023-2028 Base Year 2023
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Airport Hub Network Communication Market: Strategic Insights
| Market Size Value in | US$ 2,522.69 million in 2023 |
| Market Size Value by | US$ 3,466.17 million by 2028 |
| Growth rate | CAGR of 6.6% from 2023 to 2028 |
| Forecast Period | 2023-2028 |
| Base Year | 2023 |
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Impact of COVID-19 Pandemic on North America Airport Hub Network Communication Market Growth
The COVID-19 outbreak dramatically impacted the global economy during its peak in Q1 and Q2 of 2020, and hampered business activities in various industries, including the aviation industry. The aviation industry in North America includes airport managing companies, aircraft manufacturing companies, airline companies, and companies that provide software for managing airports and aircraft. Moreover, air transportation significantly decreased during the COVID-19 pandemic. Air traffic in the US decreased by 33.5% in 2020, corresponding to 5.3 million fewer flights compared to 2019, according to International Air Transport Association (IATA). All these factors adversely affected airport hub network communication market growth during the pandemic.
However, to promote organic as well as inorganic growth in the aviation industry, governments of various countries in North America have provided significant financial support to the industry through several programs such as Coronavirus Aid, Relief, and Economic Security (CARES) Act. In 2022, the aviation industry quickly rebounded and recovered steadily. There are several prominent players operating in the aviation industry, such as Hawaiian Airlines, Alaska Airlines, Frontier Airlines, American Airlines, Delta Air Lines, Allegiant Air, and JetBlue. For instance, in December 2022, Collins Aerospace and Materna IPS signed an MOU to improve airport operations and provide passenger processing for airports and airlines. This is expected to increase efficiencies and enhance airline and passenger experiences. Such instances support the growth of the aviation industry, which is fueling the airport hub network communication market size.
Lucrative Regions for Airport Hub Network Communication Market
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Insights – Airport Hub Network Communication Market
Based on geography, the airport hub network communication market is primarily segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). North America is expected to account for the largest airport hub network communication market share in 2023, followed by Europe.
The aviation sector in Europe is a crucial contributor to the region’s economy. According to the European Commission, the global air transport is expected to grow by 5% by 2030. Due to the increasing traffic, the EU aviation policy is majorly focused on managing the traffic safely, which leads to greater flexibility and consistency in air traffic management. In addition, in 2015, European Commission adopted an Aviation Strategy for Europe, which focused on building the region’s economy, strengthening its industrial base, and increasing the air connections for its passengers between European countries and other countries. Such initiatives by the government have resulted in increased air traffic in the region. For instance, in March 2023, the Airports Council International (ACI Europe) announced that the passenger traffic in the European network of airports grew by more than 69% in January 2023 compared to January 2022. Thus, the growing aviation sector leads to increased air traffic, which boosts the demand for efficient communication between the airports and airline operators, contributing to the airport hub network communication market share in Europe.
Equipment-Based Insights – Airport Hub Network Communication Market
Based on connectivity type, the airport hub network communication market is divided into internet and multi-protocol label switching (MPLS). The Internet plays a vital role in the airport hub network communication market. The combination of airport hub network communication and the Internet provides capabilities of both technologies to create an efficient and robust network infrastructure within an airport environment. Internet is used widely in airports as well as airlines for connectivity in various departments; remote access to airport personnel, airline staff, and other stakeholders; and data transmission between airlines and airports, such as baggage handling, operational activities, etc.
The airport hub network communication market players are mainly focused on the development of advanced and efficient systems.
- In 2022, SITA, the leading IT provider to the air transport industry, announced the launch of a partnership program aimed at collaborating with key partners to promote growth. Through the new partner platform, Launchpad, SITA has outlined four major areas where it seeks to build new partnerships—digital identities, advanced analytics and data management, security and safety at airports, and sustainable alternative energy sources.
- In 2021, Denver International Airport (DEN) launched the largest Self-Bag Drop (SBD) installation in cooperation with Southwest Airlines, United Airlines, and Materna IPS in the US. The renovated Level 6 received excellent reviews from passengers and airline staff ahead of the travel season.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Platform Type, and Connectivity Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global airport hub network communication market was estimated to be US$ 2,522.69 million in 2023 and is expected to grow at a CAGR of 6.6 % during the forecast period 2023 - 2028.
The rising number of airports and increasing air traffic are the major factors that propel the airport hub network communication market.
The incorporation of new aircraft or airplanes is anticipated to play a significant role in the airport hub network communication market in the coming years.
The incremental growth expected to be recorded for the airport hub network communication market during the forecast period is US$ 943.48 million.
The airport hub network communication market is expected to reach US$ 3,466.17 million by 2028.
The key players, holding majority shares, in airport hub network communication market includes Amadeus IT Group, SITA Aero, Cisco Systems Inc, Collins Aerospace, and Honeywell International Inc.
The List of Companies - Airport Hub Network Communication Market
- Honeywell International Inc
- SITA Switzerland SaRl
- Amazon Web Services Inc
- Amadeus IT Group SA
- Embross Systems Pvt Ltd
- Materna IPS GmbH
- TAV Technologies Ltd
- Cisco Systems Inc
- Telefonaktiebolaget LM Ericsson
- Collins Aerospace
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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