Passenger Service System (PSS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Passenger Service System (PSS) Market (Service- Airline Reservation System,
Airline Inventory System, Departure Control System, Internet Booking System,
Loyalty System, Customer Care System, Airport Management Consulting, and
Ancillary Services) - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2016 - 2024
Global Passenger Service System (PSS) Market: Snapshot
The global passenger service system (PSS) market has been witnessing a noticeable rise in its valuation.
Analysts foresee a thriving future of this market on the basis of the increasing demand for better PSS
solutions, such as home tagging for luggage, presence of augmented reality (AR), and the artificial
intelligence for customer service.
Of late, PSS vendors have started offering new services, such as ancillary services, loyalty system, and
customer care solutions to end users in a bid to meet the demands of airline operators’ created by the
increasing requirement for new technological services from passengers and the introduction of IATA New
Distribution Capability (NDC), which is reflecting on this market positively.
In addition to this, the demand for core passenger service solutions, such as airline reservation systems,
departure control systems, and internet booking systems among new medium and low-cost carriers, is also
expected to aid this market over the next few years. Propelling at a healthy CAGR of 11.80% between
2016 and 2024, the global PSS market is projected to increase from a value of US$4.31 bn in 2015 to a
value of 11.52 bn by the end of 2024.
Obtain Report Details @
http://www.transparencymarketresearch.com/passenger-service-system-market.html
Airline Reservation Systems to Continue as Most Valued Service in Market
Airline reservation systems, airline inventory systems, departure control systems, internet booking
systems, loyalty systems, customer care systems, airport management consulting, and ancillary services
are the various significant services offered through passenger service systems. Airline reservation systems
have been witnessing the most prominent demand in this market.

With a share of 27.8%, this segment occupied the leading position in 2015 in the overall market. The
increasing adoption of airline reservation systems among medium- and small-size airline operators is
expected to maintain the dominance of this segment over the forecast period.
Apart from airline reservation systems, ancillary services are expected to register significant growth in the
years to come, thanks to the rising demand from airline operators to generate revenue from non-core
solutions. Departure control systems and internet booking systems are also projected to contribute
substantially to the growth of the global PSS market over the next few years.
This 179-page report gives readers a comprehensive overview of the Passenger Service System (PSS)
Market. Browse to unlock the hidden opportunities in this market@
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=22676
North America to Lose Ground to Asia Pacific in Global PSS Market
North America led the global PSS market in 2015 with a share of more than 28%. The presence of a large
pool of well-established airline operators and the high number of passengers have been fueling the demand
for passenger services in this region, creating lucrative opportunities for the market players. However, over
the forthcoming years, the Asia Pacific PSS market is anticipated to surpass the market in North America
in terms of revenue. The rise in the tourism industry in China, Japan, and Australia are expected to drive
the Asia Pacific PSS market significantly in the near future.

Among other regional markets for passenger service systems, South America, and the Middle East and
Africa are likely to experience steady growth over the next few years, thanks to the growing number of
medium and small airline operators.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business
information reports and services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers. We have an experienced team of
Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques
to gather, and analyze information. Our business offerings represent the latest and the most reliable
information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical,
energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports
provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified
research methodology, our syndicated reports thrive to provide clients to serve their overall research
requirement.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com