The global airport management system market size is projected to grow from $1.5 billion to $2.5 billion in the next decade, a research report by Spherical Insights & Consulting has revealed.
The projected rise in activities in the value chain, the report indicates, represents a 6.81 per cent compound annual growth rate during the forecast period.
With Nigeria joining other global players to install the latest equipment at airports to drive efficiencies, companies offering services in the space have been identified to include : Microsoft Corporation, Blip System, Huawei, isco, SAP SE, Amadeus IT Group (Spain), QinetiQ, Amadeus IT Group, SITA, Rockwell Collins, Inc, Inform GmbH and other key vendors.
Experts say the Airport Management System (AMS) market is rapidly expanding due to growing demands for efficient airport operations and passenger management. Increased air traffic, airport expansions, and heightened security and safety requirements as key triggers propelling the growth.
In Nigeria, the Federal Airports Authority of Nigeria (FAAN), has been deploying
AMS solutions, to offer a range of services, such as air traffic control, baggage handling, and passenger check-in, which streamline operations and enhance the passenger experience.
Experts say advances in technology, including AI, IoT, and cloud computing, are accelerating the adoption of AMS solutions in many airports as Nigeria looks forward to engaging private sector operators to manage terminal and related airport facilities.
To drive this move, experts have called for the seamless integration of AMS with existing airport infrastructure, which they say could lower operational costs and boost efficiency.
They say the market is set to continue its upward trend, fueled by global urbanization and ongoing efforts to push for the growth of the aviation sector.
Experts say there are several parties involved in the market value chain of the Airport Management System (AMS) to ensure the smooth running and efficient operation of airport operations.
The report reads : “ Technology companies are the first to create hardware and software solutions for airport requirements, such as security systems, air traffic control, and passenger services. System integrators are essential to the implementation of these solutions because they guarantee their seamless integration with the current infrastructure.
The end consumers of AMS include airports and airlines, who use it to improve customer satisfaction, safety, and operational efficiency.
“Governmental organisations and regulatory organisations also have an impact on the value chain because they establish standards for the sector and mandate compliance.
“Last but not least, service providers guarantee continuous upkeep and assistance, assisting airports in adjusting to changing technologies and rising demands. For airport operations around the world to continuously improve, this integrated value chain is essential.”The software segment accounted for the largest market share over the forecast period 2023 to 2033. Software solutions for air traffic management, passenger processing, and resource allocation are in great demand as airports manage increasing passenger volumes and complicated logistics.
This market , experts say, is being further driven by the move to cloud-based platforms, artificial intelligence, and big data analytics, which allow for predictive maintenance and real-time decision-making.
The report reads : “ Furthermore, software solutions are flexible and scalable, which enables airports to adjust to changing needs without having to make major infrastructure changes.
“The software market is growing and becoming an essential part of contemporary AMS offerings due to the push for smart airport projects and the use of Internet of Things (IoT) technology.”
Meanwhile, The Managing Director of the Federal Airport Authority of Nigeria (FAAN), Ms. Olubunmi Kuku has been nominated to serve as a Regional Advisor representing Africa on the Airport Council International (ACI) World Governing Board.
The nomination was ratified on September 20, 2024, during the ACI Africa General Assembly held in South Africa, marking a significant milestone not only for Ms. Kuku, but for the entire African aviation community.
The authority in a statement has described her nomination as a ground breaking achievement for Nigeria and the aviation sector in Africa.
As a Regional Advisor, Olubunmi Kuku will play a pivotal role in shaping policies and strategies that impact airports across the continent.
Representing Africa on the ACI World Governing Board, which oversees 2, 100 airports and 814 members across 169 countries, Ms. Kuku, the statement added, will advocate for the unique challenges and opportunities faced by African airports.
Her extensive experience in Infrastructure finance and the aviation sector will be invaluable in addressing issues such as infrastructure development, safety regulations, and sustainable practices, ultimately enhancing the efficiency and competitiveness of African airports on a global scale.
Commenting on the nomination, Kuku said : “ “I am deeply honoured to be elected as the Regional Advisor for Africa on the ACI World Governing Board. “This role is not just a personal achievement; it is a collective victory for our nation and the African aviation sector. Together, we can foster collaboration, innovation, and excellence, ensuring that our airports are not only safe and efficient but also drivers of economic growth and development.”
Ms. Kuku’s election comes at a critical time when the global aviation industry is navigating through unprecedented challenges and opportunities.
Her leadership will be instrumental in promoting the interests of African airports, advocating for investment in infrastructure, and pushing for policies that support sustainable aviation practices.
