Acuity Report Points to Enormous Potential in Airport Biometrics Market

“As airport AI-enhanced biometrics become mainstream, so too will consumer comfort and preference for the convenience of the experience.” – Maxine Most, Principal, Acuity Market Intelligence

Acuity Report Points to Enormous Potential in Airport Biometrics Market

A new Acuity Market Intelligence forecast is pointing to the vast potential in the airport biometrics market.

The renowned market research firm predicts that between 2019 and 2022, the total number of biometric touchpoints in airports will see a 27 percent annual growth rate. What’s more, Acuity says that growth reflects only 17 percent of the projected Total Addressable Market.

These biometric touchpoints are increasingly being powered by Artificial Intelligence and based on facial recognition, Acuity says, with notable recent examples of planned or trial-phase deployments at locations including Narita Airport in Japan, Malaysia’s Senai Airport, and the Hong Kong Airport.

“As airport AI-enhanced biometrics become mainstream, so too will consumer comfort and preference for the convenience of the experience,” explained Acuity Market Intelligence Principal Maxine Most. “This will change passenger expectations and drive demand for similar solutions within airports and across the entire travel sector from cruise ships and car rentals to train stations and ferry terminals.”

The forecast complements a Frost & Sullivan report from last year that predicted $4.63 billion in airport IT spending by 2023, much of which revolving around biometrics. For its part, Acuity offers the recent report, “The Airport Automated Biometric Facilitation Report: From Curb to Gate”, as well as Deployment Lists biometric facilities, ABC eGates, and APC kiosks.

March 29, 2019 – by Alex Perala