MEA Smart Airport Industry Overview
The Middle East and African smart airport market is consolidated, with only a handful of players accounting for a major share of the market revenues. SITA, Honeywell International Inc., IBM, Siemens AG, and Amadeus IT Group, S.A. are some of the major players in the market. Mergers and acquisitions between the players in the recent past have helped the companies strengthen their market presence.
Players are expected to adopt new technologies, like AI, automation, robotics, etc., into their products and solutions, which will help them gain new contracts with the airports. For instance, SITA offers advanced passenger processing and baggage tracking systems. Meanwhile, Honeywell specializes in cutting-edge security technologies, encompassing biometrics and surveillance. IBM offers comprehensive data analytics and AI solutions, enhancing operational efficiency. Competition fosters continuous technological advancement, resulting in increasingly sophisticated and interconnected smart airport ecosystems.
MEA Smart Airport Market Leaders
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SITA
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Honeywell International Inc.
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IBM
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Amadeus IT Group, S.A.
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Siemens AG
- *Disclaimer: Major Players sorted in no particular order