Passenger Service System Market 2019 Global Key Leaders: Radixx International, Hitit Computer Services, Intelisys Aviation Systems, Unisys, Hexaware Technologies, Travelport Worldwide, Sabre, IBS Software Services

The report on the global Passenger Service System Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.

Market Highlights:
The increasing adoption of cloud is playing a major role in passenger service system market as it is widely used in transportation sector. These system uses cloud technology that helps in keeping record of delivering passenger services, luggage drops with label printing, self-boarding gates and others. Furthermore, it keeps the detail information of customers such as security clearance and visas, these can be used for pre-validated and save the traveler time of the customers.

The growing demand for augmented reality and the artificial intelligence are driving the passenger service system market growth. The increasing demand for transportation system such as airline reservation system segment is holding maximum market share due to increasing number of industrializations. Therefore, high uptake among all kind of airline operators who all are providing solutions to satisfy their customers is propelling the passenger service system market growth. It helps the customer in finding flight for pre-travel, ticket issuance, check-in, boarding, in-flight services, baggage, and others. It helps in improving the aircraft maintenance, aircraft identifications, integrated fare management, traffic modelling, customer loyalty programs, estimating travel times, and ultimately safety.

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Major Key Players

• Sirena-Travel JSCS (Russia),
• Radixx International, Inc. ( U.S.),
• Hitit Computer Services A.S. (Istanbul),
• Intelisys Aviation Systems Inc.(Canada),
• Bravo Passenger Solutions Pte Ltd.( Singapore),
• Unisys Corp.(U.S.),
• Hexaware Technologies Ltd. (India),
• Travelport Worldwide Ltd.(U.K),
• SITA NV (Geneva),
• Sabre Corp.(U.S.),
• IBS Software Services Pvt. Ltd.(India),
• Information Systems Associates FZE (UAE),
• Amadeus IT Group SA (Spain),
• Travel Technology Interactive (France),
• Mercator Ltd.(India),
• Travelsky Technology Ltd. (China),
• KIU System Solutions (Argentina),

According to the Market Research Future Analysis, the global passenger service system market is expected to reach USD ~10 billion by the end of the forecast period at a CAGR of ~11%.

Competitive Analysis
Securing and translating the likely probabilities is amending the growth pace of the market noticeably. The vital trends and players have initiated a positive tone for development. The options for growth and innovation have improved at a speedy pace altering the landscape of the market. By ensuring supply and demand are in balance the competitors can unlock new opportunities for growth. The key players and trends have created a positive tone for development. The competitors in the market have been urged into devising tactical road-maps that capitalize on the positive market cues. The momentum of the market’s progress has altered the competitive background of the market.

Segmentation
The global passenger service system market is segmented into service, deployment, solution, and region. The service is segmented into airline reservation system, airline inventory system, departure control system, internet booking system, loyalty system, customer care system, airport management consulting, ancillary services, and others. The deployment segment is sub-segmented into cloud and on-premise. The solution segment is sub-segmented into inventory management, loyalty management, reservation management, and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.

Regional Analysis
The global passenger service system market is studied for the Asia Pacific (China, Japan, and India), North America (the U.S., Mexico, and Canada), Europe (the U.K, Germany) and Rest of the World. North America is one of the leading regions of the world in terms of market share. The passenger service system market in this region has a huge demand due to the increasing adoption of consumer electronics devices, which is further propelling the market growth to a large extent. The passenger service system market in Europe is expected to witness a rapid growth over the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India are emerging passenger service system markets, which is expected to grow at the highest CAGR over the review period.

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Intended Audience
• Passenger service system companies
• Passenger service system providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators

LIST OF TABLES
Table 1 Global Passenger service system Market: By Region, 2017-2023
Table 2 North America Passenger service system Market: By Country, 2017-2023
Table 3 Europe Passenger service system Market: By Country, 2017-2023
Table 4 Asia-Pacific Passenger service system Market: By Country, 2017-2023
Table 5 Middle East & Africa Passenger service system Market: By Country, 2017-2023
Continued….

LIST OF FIGURES
FIGURE 1 Global Passenger service system Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Passenger service system Market
FIGURE 4 Value Chain of Global Passenger service system Market
Continued….

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