At 6.5% CAGR, the North America Airport Hub Network Communication Market is projected to be worth US$ 1,307.01 million by 2028, says The Business Market Insights

According to the Business Market Insights’ research, the North America airport hub network communication market was valued at US$ 955.95 million in 2023 and is expected to reach US$ 1,307.01 million by 2028, registering a CAGR of 6.5% from 2023 to 2028. Rising number of airports and increasing air traffic are the critical factors attributed to the North America airport hub network communication market expansion.                     

Airports play a key role in facilitating the economic development of a country. They promote tourism and trade activities while generating more aviation-related businesses. The infrastructural development of airports leads to new job opportunities and business revenues, which directly or indirectly drive the country's economic development. Therefore, the governments of several countries have taken various steps to boost their aviation sectors, leading to the development of new airports.

Below mentioned are a few newly launched airports:

• In March 2023, Mexico City’s new airport, Aeropuerto Internacional Felipe Ángeles (IATA code NLU), was unveiled on March 21, 2023.
• In October 2020, Turkey’s President, Recep Tayyip Erdoğan, inaugurated a large-sized airport in Istanbul.

The opening of new airports leads to the expansion of airport hub network communications. Such connectivity systems help increase the exchange of information between the airport and airline authorities. All this enhances the customer experience and adds to their convenience, thereby propelling the airport hub network communication market growth.

On the contrary, Cyberattack Threats hurdles the growth of North America airport hub network communication market. 

Based on components, the North America airport hub network communication market is segmented into solutions and services. The services segment held 66.4% share of North America airport hub network communication market in 2023, amassing US$ 634.64 million. It is projected to garner US$ 895.18 million by 2028 to expand at 7.1% CAGR during 2023–2028.

Based on type, the North America airport hub network communication market is segmented into CUTE and CUSS. The CUTE segment held 58.0% share of North America airport hub network communication market in 2023, amassing US$ 554.36 million. It is projected to garner US$ 733.56 million by 2028 to expand at 5.8% CAGR during 2023–2028.  

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 73.3% share of North America airport hub network communication market in 2023, amassing US$ 239.39 million. It is projected to garner US$ 342.19 million by 2028 to expand at 7.4% CAGR during 2023–2028. The airports segment is sub-segmented into class I, class II, class III, and class IV. The class I segment held 75.6% share of North America airport hub network communication market in 2023, amassing US$ 475.74 million. It is projected to garner US$ 653.36 million by 2028 to expand at 6.6% CAGR during 2023–2028.

Based on connectivity, the North America airport hub network communication market is segmented into internet and MPLS. The MPLS segment held 57.8% share of North America airport hub network communication market in 2023, amassing US$ 552.73 million. It is projected to garner US$ 733.54 million by 2028 to expand at 5.8% CAGR during 2023–2028. 

Based on country, the North America airport hub network communication market has been categorized into the US, Canada, and Mexico.  Our regional analysis states that the US captured 63.7% share of North America airport hub network communication market in 2023. It was assessed at US$ 609.05 million in 2023 and is likely to hit US$ 854.99 million by 2028, exhibiting a CAGR of 7.0 % during the forecast period.      

Key players dominating the North America airport hub network communication market are 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 among others.   

• In 2023, SITA is innovating with cutting-edge technology to strengthen its airline, airport, and border solutions in partnership with travel identity company Zamna Technologies. Zamna’s solution uses a decentralized blockchain based model to transform how passenger data, such as passport, visa, and health information, is verified and handled, bringing security, ease, and efficiency benefits for travelers airlines, airports and governments.
• In 2019, Honeywell was selected as an authorized value-added reseller for SmartSky Networks’ air-to-ground services leveraging 5G technologies for North American airline operators. By becoming an authorized reseller, Honeywell extended its inflight connectivity (IFC) services for airlines.

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