North America Airport Hub Network Communication Market Forecast to 2028 - Regional Analysis - by Component (Solutions and Services), Platform Type (CUTE and CUSS), Connectivity Type (Internet and MPLS), and End Users (Airlines and Airports)

North America Airport Hub Network Communication Market Forecast to 2028- Regional Analysis- by Component (Solutions and Services), Platform Type (CUTE and CUSS), Connectivity Type (Internet and MPLS), and End Users (Airlines and Airports)

The airport hub network communication market in North America is expected to grow from US$ 955.95 million in 2023 to US$ 1,307.01 million by 2028. It is estimated to grow at a CAGR of 6.5% from 2023 to 2028.

Increasing Air Traffic is Fuels North America Airport Hub Network Communication Market

Urbanization rates are rising across the globe. For instance, as per the International Air Transport Association (IATA), North America air traffic rise in January 2023 as compared to January 2022. In addition, air traffic grew in January 2023 as compared to January 2019. More air traffic leads to a higher number of flight operations globally. In addition, the rise in e-commerce and world trade globally, the demand for the air transport for the goods transportation is growing to meet the requirements from business and consumers for fast deliveries. The airport's management of flight operations plays a crucial role in air traffic control, flight arrival and departure, information exchange, and the management of connecting flights. Hence, a robust network communication between the airport and the airline authorities is needed, which contribute to the airport hub network communication market growth.

North America Airport Hub Network Communication Market Overview

The North America market for airport hub network communication is fragmented into three major regions, which includes The US, Canada, and Mexico. According to International Air Transport Association (IATA), air transport is one of the biggest contributors to North America’s economy. Airport transportation is responsible for creating new jobs, increasing the flow of trade, and encouraging tourism, which results in increased spending by airlines on the airports, thus contributing to the economy. In addition, US Federal Aviation Administration’s (FAA) Air Traffic Organization (ATO) provided its service to over 45,000 flights and served ~2.9 million passengers on an average daily basis in the FY22. On average, in a year, FAA manages ~16.40 million flights, schedules more than 10 million flights, and monitors more than 5,400 flights that remain operational simultaneously. Such a strong aviation sector requires efficient solutions to manage airport traffic. Therefore, the region focuses on maintaining and enhancing the operational efficiencies of the airport and airlines. In addition, the region is considered an early adopter of the technologies due to its strong economy, which contributes to the demand for the solutions and services implemented at the airport and airlines to improve the business processes, propelling the airport hub network communication market.

North America Airport Hub Network Communication Market Revenue and Forecast to 2028 (US$ Million)

North America Airport Hub Network Communication Market Segmentation

The North America airport hub network communication market is segmented into component, types, connectivity, end user, and country.

Based on components, the North America airport hub network communication market is segmented into solutions and services. The services segment held a larger North America airport hub network communication market share in 2023.

Based on type, the North America airport hub network communication market is segmented into CUTE and CUSS. The CUTE segment held a larger market share in 2023.

Based in end user, the North America airport hub network communication market is segmented into airports and airlines. The airline segment is sub-segmented into passenger and cargo. The passenger segment held larger North America airport hub network communication market share in 2023. The airports segment is sub-segmented into class I, class II, class III, and class IV. The class I segment held larger North America airport hub network communication market share in 2023.

Based on connectivity, the North America airport hub network communication market is segmented into internet and MPLS. The MPLS segment held larger North America airport hub network communication market share in 2023.

Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the North America airport hub network communication market share in 2023.

Honeywell International Inc; SITA Switzerland SaRl; Amazon Web Services Inc; Amadeus IT Group SA; Embross Systems Pvt; Cisco Systems Inc; Telefonaktiebolaget LM Ericsson; and Collins Aerospace are the leading companies operating in the North America airport hub network communication market in the region.

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