Passenger Service System (PSS) Market By Service (Airline Reservation System, Customer Care System, Departure Control System, Airport Management Consulting Airline Inventory System, Loyalty System, Internet Booking System, Ancillary Services) - Growth, Future Prospects And Competitive Analysis 2017 - 2025

This report on global passenger service system (PSS) market studies various type of service, and geography. Passenger Service Systems (PSS) has become one of the vital parts of an airline industry’s IT landscape. As the airline industry is growing significantly in the near future, PSS systems are also being re-shaped by market stakeholders according to the changing industry requirements, technology upgrades, and shifts in business strategy. According to our research, the global passenger service system (PSS) market has been observing a significant rise in its valuation especially in last five years upcoming with various services such as presence of augmented reality (AR), home tagging for luggage, and the artificial intelligence (AI) for customer service.

For the purpose of this study, the various types of services considered are diesel and gasoline. Market size estimates and forecast airline reservation system, airline inventory system, departure control system, internet booking system, loyalty system, customer care system, airport management consulting, and ancillary services, for these segments for the period 2015 to 2025 are provided in terms of USD Mn along with the respective CAGRs for the period 2017 to 2025, considering 2016 as the base year.

Geographically, the passenger service system (PSS) market is studied for the following regional markets:

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • Rest of Asia-Pacific
• Latin America
• Middle East and Africa

Market size and forecast for these regional and country level markets are presented in this study for the period 2015-2025. Market growth rates for the forecast period 2017-2025 are also included in this report, considering 2016 as the base year.

The key players covered in passenger service system (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.

Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global passenger service system (PSS) market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global passenger service system (PSS) market. This report concludes with company profiles section that highlights major information about the key players engaged in passenger service system (PSS) market.

For the purpose of this study, the global passenger service system (PSS) market is categorized into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

In year 2016, North America was observed as the largest PSS market due to key driving factors such as its one of the most matured airline market, availability of number of established airline operators, digitally upgraded infrastructure, and increasing public awareness associated with airline reservation systems and other services. According to the International Air Transport Association (IATA), global airline industry to make a net profit in 2017 of $29.8 billion which proves that airline industry is growing at a significant rate. During forecast period 2017 – 2025, Asia-Pacific is expected to be the fastest growing PSS market due to healthy economic growth, increasing urbanization, and presence of highly populated as well as rapidly developing countries such as China and India. Moreover, rising customer awareness related to user friendly airline ticket booking facility and rising tourism industry in South East Asia are also considered as the key factors assisting the increase in demand for PSS.