The airport hub network communication market size is projected to reach US$ 4.27 billion by 2031 from US$ 2.50 billion in 2023. The market is expected to register a CAGR of 6.9% during 2023–2031. Incorporation of new aircraft or airplanes is likely to remain a key trend in the market.
Airport Hub Network Communication Market Analysis
The airport hub network communication market ecosystem consists of technology developers, solutions and services providers, and end users. Technology providers offer AI, IoT-based software, and related software development kits. Airline companies in the aviation industry are actively involved in partnerships with technology providers to establish a communication network with airlines and airports. Solution and service providers offer various types of services such as AI, IoT-based software, CUSS and CUTE platforms, internet services, and other services related to communication in airlines and airports.
Airport Hub Network Communication Market Overview
The airport hub communication solution and service providers are key elements of the airport hub network communication market. These players are involved in a majority of activities of airport hub communication market such as providing services and solutions to the airports and airlines. The key players in the market are Honeywell International Inc, SITA Switzerland SaRl, Amazon Web Services, Collins Aerospace, Amadeus IT Group SA, Embross Systems Pvt Ltd, Materna IPS GmbH, TAV Technologies Ltd, Cisco Systems Inc., and Telefonaktiebolaget LM Ericsson. Different aviation organizations across the globe are the end users of the airport hub network communication market and thereby hold a significant share in the market growth.
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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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Airport Hub Network Communication Market Drivers and Opportunities
Increasing Air Traffic
Urbanization rates are rising across the globe. For instance, according to the Minister of Civil Aviation and Steel, India’s urbanization is expected to surge from 34.9% in 2020 to 40% by 2030. Due to greater urbanization, there is a rise in the disposable income of the people, which has led to increased spending by people. For instance, as per the International Air Transport Association (IATA), global air traffic rose 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, the rise in e-commerce and world trade globally, the demand for the air transport for the goods transportation is growing to meet the requirements from business and consumers for fast deliveries. Further, according to the Boeing’s Commercial Market Outlook (CMO) 2022–2041, the air cargo traffic is expected to grow by 3.8% between 2022-2041.
Inclusion of Technologies such as 5G and IoTs
According to IATA, air travelers are expected to reach 8.2 billion by 2037. Also, increased air traffic leads to more flights, where communication between the airport and airline authorities is vital for efficient airport operations and flight management. As such, the rising number of air passengers requires the aviation sector to be fully equipped to handle this increased air traffic. Hence, airports and airlines will require strong capabilities, such as Airport 4.0 or Airport Digitalization, to handle the growing passenger count. IoT connectivity in the airport hubs allows them to connect their existing or new hardware systems to the internet, contributing to greater transparency, connectivity, simplified work processes, and better communication between the airline and the airport authorities. Improved connectivity further provides better security and workflow efficiencies across all flight phases, from arrival to departure.
Airport Hub Network Communication Market Report Segmentation Analysis
Key segments that contributed to the derivation of the airport hub network communication market analysis are component, platform type, connectivity type, and end users.
- Based on component, the airport hub network communication market is segmented into solutions and services. The services segment held a larger market share in 2023.
- Based on platform, the airport hub network communication market is segmented into CUTE and CUSS. The CUTE segment held a larger market share in 2023.
- Based on connectivity type, the airport hub network communication market is segmented into internet and MPLS. The MPLS segment held a larger market share in 2023.
- Based on end users, the airport hub network communication market is segmented into airlines and airports. The airports segment held a larger market share in 2023. Further, the airlines segment has been further sub-segmented into passenger and cargo. Also, the airports segment has been further sub-segmented into Class I, Class II, Class III, and Class IV.
Airport Hub Network Communication Market Share Analysis by Geography
The geographic scope of the airport hub network communication market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America has dominated the market in 2023 followed by Europe and Asia Pacific regions. Further, Asia Pacific is likely to witness highest CAGR in the coming years. The US accounted for the largest market share in North America airport hub network communication market. In 2021, the Airports Council International-North America stated that US airports require more than US$ 115 billion of investment for their development by 2026. However, due to the COVID-19 pandemic, the airport expansion plans were disrupted. The country has recently started looking for ways to expand its range of aviation services. In 2022, the US Federal Aviation Administration (FAA) announced plans of investing US $1 billion in 2023 for airport-related projects spanning five years under the Infrastructure Investment and Jobs Act (IIJA).
Airport Hub Network Communication Market Report Scope
Airport Hub Network Communication Market News and Recent Developments
The airport hub network communication market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the airport hub network communication market are listed below:
- SITA is innovating with cutting-edge technology to strengthen its airline, airport, and border solutions in partnership with travel identity company Zamna Technologies. Zamna’s solution uses a decentralized blockchain based model to transform how passenger data, such as passport, visa, and health information, is verified and handled, bringing security, ease, and efficiency benefits for travelers airlines, airports and governments. (Source: SITA, Press Release, Jan 2023)
- The new partnership between Etihad Cargo and SF Airlines will provide Etihad Cargo’s customers with greater connectivity to 25 domestic destinations in China via SF Airlines’ road feeder service trucking network, enhancing Etihad Cargo’s capabilities in the region. (Source: Etihad, Press Release, Jun 2023)
Airport Hub Network Communication Market Report Coverage and Deliverables
The “Airport Hub Network Communication Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Airport hub network communication market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Airport hub network communication market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed porter’s five forces analysis
- Airport hub network communication market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the airport hub network communication market
- Detailed company profiles
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 airport hub network communication market is likely to register of 6.9% during 2023-2031.
The estimated value of the airport hub network communication market by 2031 would be around US$ 4.27 billion.
Incorporation of new aircraft or airplanes is one of the major trends of the market.
Honeywell International Inc, SITA Switzerland SaRl, Amazon Web Services Inc, Collins Aerospace, Amadeus IT Group SA, Embross Systems Pvt Ltd, Materna IPS GmbH, ADB Safegate BV, TAV Technologies Ltd, and Cisco Systems Inc are some of the key players profiled under the report.
The rising number of airports and increasing air traffic are some of the factors driving the growth for airport hub network communication market.
North America region dominated the airport hub network communication market in 2023.
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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