Saudi Arabia Smart Airport Market (2022-2028) | Growth, Revenue, Size, Industry, Outlook, Share, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

Saudi Arabia Smart Airport Market Synopsis

Saudi Arabia Smart Airport Market is expected to grow during the forecast period. The Kingdom of Saudi Arabia has made a significant investment in the development of its aviation sector and aims to become a leading global aviation hub. This is evident from the government's plans to invest USD 80 billion in developing new airports and upgrading existing facilities by 2035. Moreover, the country's Vision 2030 blueprint targets to increase the number of domestic travellers from 20 million to 50 million by 2030.

According to 6Wresearch, the Saudi Arabia Smart Airport Market size is expected to grow during 2022-2028. The aviation sector in Saudi Arabia has been growing rapidly in recent years due to increased tourist arrivals and business travelers. The number of airports in the country has increased from four to thirteen over the past decade.

Saudi Arabia is the largest country in the Middle East and has the fourth busiest airport in the world, King Khalid International Airport. The country is investing billions of dollars to develop its infrastructure and this includes plans to build more airports. As part of its development plans, Saudi Arabia is looking to build smart airports that use cutting-edge technology to improve efficiency and passenger experience.

As the world becomes more digitized, the airport industry is no exception. In order to keep up with the times and provide passengers with a more streamlined travel experience, many airports are investing in smart technology. This is especially true in Saudi Arabia, where the government has made a commitment to invest $80 billion in developing its infrastructure by 2035.

One of the most important investments being made is in Saudi Arabia's airports. By 2022, it is expected that all of the kingdom's airports will be smart airports. This means that they will be equipped with state-of-the-art technology to make the travel experience more efficient and convenient for passengers.

The rising number of air passengers and investments in the aviation sector are some of the key factors driving the growth of the smart airport market in Saudi Arabia. The country's flagship carrier Saudia is also investing heavily in modernizing its fleet and infrastructure. As part of this, Saudia is looking to install advanced technologies at airports across the country. For instance, in March 2019, Saudia signed an agreement with SITA for deploying next-generation technology solutions at King Abdulaziz International Airport (KAIA) in Jeddah. Under the agreement, SITA will provide its common-use self-service (CUSS) kiosks, bag drop units, and other solutions at KAIA Terminal 1. 

Facilities provided in a Smart Airport

Some of the features that can be expected at smart airports include:

• Automated check-in and baggage drop-off: Passengers will be able to check in and drop off their baggage without having to speak to a human agent. This will save time and reduce queues at the airport.
• Self-service kiosks: Passengers will be able to print their boarding passes and make other changes to their bookings using self-service kiosks. Again, this will save time and reduce queues at the airport.
• Digital wayfinding: With digital signage throughout the airport, passengers will always know where they need to go next. This will reduce stress levels and help to keep people moving through the airport smoothly.
• Connected devices: Smartphones, tablets, and other connected devices

In addition to this, various airport operators in Saudi Arabia are also looking to adopt artificial intelligence (AI), biometrics, and robotics solutions to streamline operations and improve passenger experience. This is expected to give a renewed push to the Saudi Arabia Smart Airport Market Revenue and development.

Impact of COVID-19 on the Saudi Arabia Smart Airport Market

The pandemic affected the Global Smart Airport Market to a great extent as the strict lockdowns came hard on the industry, which created a situation where airports were sealed and space for parking the aircraft was almost nil. This hampered the developing sector of the smart airport industry. The pandemic also reduced the footfall in the airport which led to a major shortfall in revenue thus, reducing investment in the industry.

Market Analysis based on System

Based on System, the market is segregated in terms of Communication and Network Systems, Endpoint Devices, Data Storage, Software and Solutions. Data Storage is projected to hold the largest market share owing to servers established by the airports to information and act as a backbone for the smart airport. The storage area also usually holds the processing server for the artificial intelligence to process all the information.

Development trends of Saudi Arabia Smart Airport Market in the Coming Years

In the coming years, the development trends of Saudi Arabia Smart Airport Market growth can be summarized as follows:

• Increased focus on passenger experience and customer satisfaction – In order to stay ahead of the competition, airport operators in Saudi Arabia are increasingly focusing on enhancing passenger experience and customer satisfaction levels. Various initiatives such as introduction of self-service technologies, intelligent queuing systems, etc. are being undertaken with the aim of reducing waiting times and ensuring a seamless travel experience for passengers.
• Rising adoption of advanced technologies – With the continuous advancement in technology, various airport processes are becoming automated. This is leading to increased adoption of advanced technologies such as artificial intelligence (AI), big data analytics, internet of things (IoT), etc. in airports across Saudi Arabia. These technologies are helping in improving operational efficiency, reducing costs, and providing a better travel experience to passengers.
• Growing demand for sustainable airports – There is a growing trend towards sustainable airports in Saudi Arabia. This is driven by factors such as increasing awareness about environmental protection, need to reduce carbon emissions, etc. Sustainable airports make use of renewable energy sources, adopt energy efficient practices, and make use of recycled materials wherever possible. This helps in reducing the overall ecological footprint of an airport and making it more environment friendly.
• Increasing investments in airport infrastructure – In order to meet the rising demand for air travel in Saudi Arabia, there is a need for continuous expansion and upgrades of airport infrastructure.

Key Players operating in the Saudi Arabia Smart Airport Market

The Saudi Arabia Smart Airport Market share is highly competitive which creates focus points for investment to increase the development of various components in the market. Some players operating in the Global market are:

• Ascent Technology, Inc.
• Cisco Systems Inc.
• Honeywell International Inc.
• Huawei Investment & Holding Co., Ltd.
• International Business Machine Corporation
• Indra Sistemas, S.A.
• L3Harris Technologies Inc.
• Raytheon Technologies Corporation
• SITA
• Thales Group

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Saudi Arabia Smart Airport Market Outlook
• Market Size of Saudi Arabia Smart Airport Market, 2021
• Forecast of Saudi Arabia Smart Airport Market, 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Revenues & Volume for the Period 2018 - 2028
• Saudi Arabia Smart Airport Market Trend Evolution
• Saudi Arabia Smart Airport Market Drivers and Challenges
• Saudi Arabia Smart Airport Price Trends
• Saudi Arabia Smart Airport Porter's Five Forces
• Saudi Arabia Smart Airport Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By System for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Communication and Network Systems for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Endpoint Devices for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Data Storage for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Software and Solutions for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By End User for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Implementation for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Upgrades and Services for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Location for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Landside for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Airside for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Smart Airport Market Revenues & Volume By Terminal Side for the Period 2018 - 2028
• Saudi Arabia Smart Airport Import Export Trade Statistics
• Market Opportunity Assessment By System
• Market Opportunity Assessment By End User
• Market Opportunity Assessment By Location
• Saudi Arabia Smart Airport Top Companies Market Share
• Saudi Arabia Smart Airport Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Smart Airport Company Profiles
• Saudi Arabia Smart Airport Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By System

• Communication And Network Systems
• Endpoint Devices
• Data Storage
• Software
• Solutions

By End User

• Implementation
• Upgrades
• Services
• By Location
• Landside
• Airside
• Terminal Side

Saudi Arabia Smart Airport Market: FAQs