The aviation industry is in the midst of a crisis, and the airport segment is one of its hardest-hit participants. With COVID and travel restrictions decreasing passenger volumes, airports must identify their strategic advantages over competitors. Find out how in this research.
How will industry and technology developments impact airport baggage handling? Who are the key vendors, and how well are they positioned? Who are the recent start-ups in the sector? How is M&A activity shaping the landscape? What are the major growth opportunity areas?
Increased passenger numbers call for enhanced airport security. As this ecosystem evolves, find out the challenges for airport operators and solution providers, growth opportunities, leading competitors, drivers & restraints, and the short-, mid- and long-term predictions.
The importance of digital B2B marketing
Digital marketing is replacing traditional marketing. Digital ad spending accounted for nearly half of global ad marketing in 2019, with countries like China leading the digital-first approach. By 2023, the share of digital ad spending is forecast to be over 60%. While digital marketing is more dominant in the B2C space, the explosion of connected devices, increasing usage of personal smartphones for work, and the growing sophistication and cost-effectiveness of complementary technologies such as AR/VR, are also driving the shift to digital marketing in the B2B space. COVID-19 has accelerated this process, and the resulting cancellation of face-to-face meetings, industry events, seminars, etc., often leaves digital marketing as the only option. There has been a surge in virtual industry conferences and events, and social media campaigns targeting business buyers have increased manifold.
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Frost Radar—US Department of Defense Information Technology Market, 2020
Read more Request InfoDisruptive Technologies and Growth Hubs in Airport Security CONOPS: Geo-Political and Internal Challenges
Read more Request InfoDigital Transformation Accelerates Growth in the Global Airport Information Technology Sector
Read more Request InfoDemand for Autonomous Drones is Accelerating the Growth of Drone-in-a-Box Solutions
Read more Request InfoHow is AI Driving the Global Geospatial Value-added Services Landscape?
Read more Request InfoDigitalization and Security Convergence Drive Growth in the Security Industry
Read more Request InfoNaval Command and Control Sector Evolving with Geopolitical Instability
Read more Request InfoDuring the pandemic, passengers not
only focus on safety, connectivity and pricing
factors to choose their airline, but also
consider aircraft interior hygiene. Clean
aircraft interiors are an industry imperative
to restore passenger confidence. Cabin interior
suppliers need to analyze airline requirements
to provide appropriate solutions. Read this
blog to find out more.
Read more
The global biometrics market and its
technologies are still emerging, particularly
because of the rapid biometrics use-case
development and shift to multiple biometric
modalities across physiological and behavioral
factors. Additionally, the COVID-19 pandemic
and changing user preferences for multiple
types of biometric identity authentication will
drive continued market growth. Global market
spending is projected to reach $14.12 billion
by 2025. Find out more.
Read more
While reams of newsprint have been
devoted to the companies that have been
derailed by COVID, there has been scant
attention paid to those that have gone bold
with mergers & acquisitions (M&A) to drive
growth. Several companies, most notably in the
security industry, have seized the opportunity
to acquire innovative, financially stable
businesses and create a pipeline for solid
growth in the post-COVID era. Read on to know
Frost & Sullivan's perspective.
Read more
2021 will mark the year of building resilience. As we learn to embrace uncertainty, the new year will bring about significant changes in the way we work and live. Changes in user behavior patterns will trigger major shifts in consumption and business models. Emerging advancements in technologies such as AI and automation will lead the way as we continue to fight the pandemic.
Frost & Sullivan’s recent analysis, Industry Convergence Boosting the Global Aircraft Electric Power Systems Market, finds that increasing demand for electric aircraft, changes in global fleet composition, and surging demand for new aircraft from emerging economies are prominent factors driving the global aircraft electric power systems (EPS) market. EPS ensure power generation, conversion, and distribution of electricity throughout the aircraft, as well as energy storage and motorization.
The Emirates Group has announced losses for the second time in its 35-year history, with H1 2020 revenues plunging to US$ 3.7 billion, down 74% versus last year (vly). As the biggest part of the group, Emirates Airline has seen a 75% revenue decline vly, at US$ 3.2 billion. From an operational perspective, Emirates carried only 1.5 million passengers in H1 2020, a figure it would have achieved in just over nine days of normal operations pre-COVID.
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