Post COVID-19, the size of the global airport operation market is estimated to grow from USD 8.5 billion in 2020 and projected to reach USD 14.5 billion by 2025, at a CAGR of 11.0%. The current projection for 2025 is estimated to be lower than pre-COVID-19 estimates. Realistically, the market is expected to recover from mid-2021 and will be struggling with a (12.0) % growth rate from 2020 to 2021. Whereas optimistically speaking, the market is expected to recover from Q3 of 2020 owing to government funding for airport operations and a rise in cargo activity.
A full report of COVID-19 Impact on Airport Operations Market is available at: https://www.orionmarketreports.com/covid-19-impact-on-airport-operations-market/45554/
COVID-19 Impact on Airport Operations Market segmentation:
On the basis of technology:
• Baggage Scanners
• Passenger Screening
• E-gate & E-Kiosk
• Smart Tag & Kiosk
• Cybersecurity Solutions
• Ground Support Equipment
• 5G Infrastructure
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