Global Airport investment is estimated to reach USD 2,404

From GlobeNewswire:

– Upgrades and expansion at airports are being driven by expected growth in passenger traffic, technology integration, and sustainability projects. Download the PDF brochure for more comprehensive information (https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=32544208).

– India has become the third-largest aviation market, while China is expected to overtake the US in the coming years, reflecting the rise of Asia as a key player in the global aviation industry.

– Investment in 5G network infrastructure for smart airport operations is critical for enhancing communications, real-time data sharing, airport security, and passenger services.

– The diversity of airport passenger personas is increasing, from solo travelers to festival enthusiasts, demanding more tailored airport services and amenities. Airports and airlines must cater to the varied interests and preferences of these diverse groups.

– The Future of Airport study anticipates potential developments until 2030 and beyond, focusing on trends such as the shift from aeronautical to non-aeronautical revenue sources and the pursuit of net-zero carbon emissions.



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