Latin America Airport Information System Market Worth $3.03 Million by 2018 - New Report by MicroMarket Monitor
(PRWEB) June 26, 2014 -- The report discusses the underlying market opportunities in the Airport Information System (AIS) market, latest technology trends, the major drivers that shape the market, and the challenges that affect the efficiency. The software price is related to the passenger movements in airports and the market size of AIS is estimated for the next five years (2013-2018).
The Latin America Airport Information System market was estimated at $2.25 million in 2013, and is expected to reach $3.03 million by 2018. Latin America is expected to be fastest-growing region in the airport information system market, growing at a CAGR of 5.09%. The major challenges in this industry are lack of standardization, which might lead to internal confusion. The driving factors in this market are increase in the demand for airport information systems due to increasing passenger growth.
Browse through the market data tables, figures and detailed ToC on the “Latin America Airport Information System Market”.
http://www.micromarketmonitor.com/market/south-america-airport-information-systems-5815125847.html
Related reports
Asia-Pacific Airport Information System Market
The Asia-Pacific Airport Information System market was estimated at $12.29 million in 2013, and is expected to reach $15.78 million by 2018. Asia-Pacific is expected to be growing at a CAGR of 4.86%. The major challenges in this industry are the lack of coordination between units due to the presence of multiple towers and control units, and increased usage of human resources. The driving factors in this market are increase in the demand for airport information systems with respect to passenger comfort and increasing passenger growth rate.
http://www.micromarketmonitor.com/market/asia-pacific-airport-information-systems-2571519668.html
European Airport Information System Market
The European Airport Information System market was estimated at $12.91 million in 2013, and is expected to reach $16.67 million by 2018. Europe is expected to grow at a CAGR of 4.89%. The major challenges in this industry are the lack of integration, which affects the Collaborative Decision Making (CDM) process, resulting in inappropriate flight scheduling and arrival/departure operations. The driving factors in this market are improvement in the end-to-end customer service in the airports of this region.
http://www.micromarketmonitor.com/market/europe-airport-information-systems-1532939831.html
North American Airport Information System Market
The North American Airport Information System market was estimated at $10.85 million in 2013, and it expected to reach $13.79 million by 2018. North America is expected to grow at a CAGR of 4.83%. The major challenges in this industry are uncertain financial conditions due to the economic crises in 2008-2009. The driving factors in this market are increase in the passenger traffic rate and increasing air traffic ratio, leading to increasing demand for airport information systems in airports.
http://www.micromarketmonitor.com/market/north-america-airport-information-systems-6796894859.html
African Airport Information System Market
The African Airport Information System market was estimated at $1.45 million in 2013, and is expected to reach $1.89 million by 2018. Africa is expected to grow at a very fast pace with a CAGR of 4.64%. The major challenges in this industry are capacity drops due to increased air traffic. The driving factors in this market are optimal asset usage like maintenance, ground handling, security, information, and resource planning operations.
http://www.micromarketmonitor.com/market/africa-airport-information-systems-6308941284.html
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