Global airport IT spending market growth seen at 4%


The global airport IT spending market will grow with a CAGR of 4 percent during the 2016-2020 period, latest report from Research and Markets showed.

According to the report, airports are focusing on advanced technologies to improve passengers’ experience and meet their rising service expectations.

Managing the passenger experience during transit and travel has become essential for airports that seek to boost revenues by converting satisfied passengers into repeat customers.

Further, the report states that the acquisition and retention of qualified IT professionals is a major challenge for airport Chief Information Officers.

Arya MM

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