The passenger service system market was valued at USD 7,765.3 Mn in 2017, and is expected to reach USD USD 18,927.0 Mn by 2025, expanding at a CAGR of 11.8% from 2017 to 2025.
Market Insights
For efficient management of an airline front-end operations especially related with passengers requires a suite of solutions known as passenger service system (PSS). The key passenger services provided by PSS solution suite comprises online booking, customer care, reservation, loyalty, and check-in & check-out status. According to market experts, in the coming years there will be high demand for passenger service system due to the developing commercial aviation infrastructure in developing countries and rising number of passengers opting for air travel. Increasing market entry of new medium and small scaled airline operators across Asia Pacific, MEA and South America region is anticipated to rise the adoption of passenger service system.
Browse the full report Passenger Service System (PSS) Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at https://www.credenceresearch.com/report/passenger-service-system-pss-market
The airline industry has become more aware about re-defining customer experience in order to increase the value of each passenger. The information technology has been considered as the cost center at most airlines and airports both private and public airline operators are trying overcome challenges by achieving balance in investments and returns. The key factors expected to assist the market over the next few years are the increasing need for core passenger service solutions, departure control systems, involving airline reservation systems, and internet booking systems among new medium and low-cost carriers.
In year 2016, it was observed that North America dominated the global PSS market with a market share of 27.2%. The key factors assisting growth of this market are presence of lucrative opportunities for market players, availability of large pool of well-established airline operators, and large number of passengers are boosting the demand for PSS in North America. During the forecast period 2017 – 2025, the Asia Pacific PSS market was observed as the fastest growing region in terms of revenue and growing at significant rate due to rise in the tourism industry in South East Asia and Australia. In Latin America and the Middle East and Africa it was observed that there will be comparatively a stable growth over the next few years, especially due to the market entry of new small and medium airline operators.
The key players operating in PSS market are Radixx International Inc., Hexaware Technologies Ltd., Bravo Passenger Solutions Pte Ltd., Hitit Computer Services A.S., SITA NV, Unisys Corp., Enoya-one Ltd. (AeroCRS), Sabre Corp., Intelisys Aviation Systems Inc., IBS Software Services Pvt. Ltd., Travelport Worldwide Ltd., Enoya-one Ltd. (AeroCRS), Amadeus IT Group SA, Information Systems Associates FZE, Travel Technology Interactive, Mercator Ltd., KIU System Solutions, Sirena-Travel JSCS, and Travelsky Technology Ltd.
Key Market Movements:
- High demand for passenger service system due to the developing commercial aviation infrastructure in developing countries
- Increasing need for core passenger service solutions
- Presence of lucrative opportunities for market players in developed countries
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ToC
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Global Passenger Service System (PSS) Market Portraiture
2.2 Global Passenger Service System (PSS) Market, by Type of Service, 2016 (USD Mn)
2.3 Global Passenger Service System (PSS) Market, by Geography, 2016 (Value %)
Chapter 3 Global Passenger Service System (PSS) Market Overview
3.1 Overview
3.2 Market Drivers
3.3 Market Restraints
3.4 Market Opportunities
3.5 Attractive Investment Proposition
3.6 Market Competition Assessment: Passenger Service System (PSS), by Key Players
Chapter 4 Global Passenger Service System (PSS) Market, By Service
4.1 Preface
4.2 Airline Reservation System
4.3 Customer Care System
4.4 Departure Control System
4.5 Airport Management Consulting
4.6 Airline Inventory System
4.7 Loyalty System
4.8 Internet Booking System
4.9 Ancillary Services
Chapter 5 Global Passenger Service System (PSS) Market, By Geography
5.1 Preface
5.2 North America (U.S. & Canada)
5.3 Europe (U.K., Germany & Rest of Europe)
5.4 Asia – Pacific (China, Japan and Rest of APAC)
5.5 Latin America (Mexico, Brazil and Rest of LATAM)
5.6 Middle East and Africa
Chapter 6 Company Profiles
6.1 Radixx International Inc.
6.1.1 Radixx International Inc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.2 Hexaware Technologies Ltd.
6.2.1 Hexaware Technologies Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.3 Bravo Passenger Solutions Pte Ltd.
6.3.1 Bravo Passenger Solutions Pte Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.4 Hitit Computer Services A.S
6.4.1 Hitit Computer Services A.S: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.5 SITA NV
6.5.1 SITA NV: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.6 Unisys Corp.
6.6.1 Unisys Corp.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.7 Enoya-one Ltd. (AeroCRS)
6.7.1 F. Enoya-one Ltd. (AeroCRS): Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.8 Sabre Corp.
6.8.1 Sabre Corp.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.9 Intelisys Aviation Systems Inc.
6.9.1 Intelisys Aviation Systems Inc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.10 IBS Software Services Pvt. Ltd.
6.10.1 IBS Software Services Pvt. Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.11 Amadeus IT Group SA
6.11.1 Amadeus IT Group SA: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.12 Travelport Worldwide Ltd.
6.12.1 Travelport Worldwide Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.13 Information Systems Associates FZE
6.13.1 Information Systems Associates FZE: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.14 Travel Technology Interactive
6.14.1 Travel Technology Interactive: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.15 Mercator Ltd.
6.15.1 Mercator Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.16 KIU System Solutions
6.16.1 KIU System Solutions: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.17 Sirena-Travel JSCS
6.17.1 Sirena-Travel JSCS: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
6.18 Travelsky Technology Ltd.
6.18.1 Travelsky Technology Ltd.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
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