A report from Allied Market Research has found that the global airport kiosk industry is set to produce $5.1 billion in revenue by 2032, with a compound annual growth rate of 9.4% from 2023 to 2032. The industry generated $2.2 billion in 2022.
The study gathered data from more than 15 countries and studied the kiosk market, which supplies various types of self-service kiosk hardware and software solutions within airports.
According to the report, automated passport control is projected to be the most lucrative segment of the kiosk market.
The large growth has been attributed to an increase in global air traffic, improved airport infrastructure in developing countries, and an increased adoption of touchscreen, multimedia, and biometric kiosks for passengers.
The industry faces some hurdles with the large development and maintenance costs for airport kiosk software and hardware. There are also some security and privacy concerns related to data breaches.
The greater use of artificial intelligence and data analytics tools and development of smart airport concepts will provide a beneficial growth to the kiosk industry in the future.