Passenger Service System (PSS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
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With a share of 27.8%, this segment occupied the leading position in 2015 in the overall market. The<br />
increasing adoption of airline reservation systems among medium- <strong>and</strong> small-size airline operators is<br />
expected to maintain the dominance of this segment over the forecast period.<br />
Apart from airline reservation systems, ancillary services are expected to register significant growth in the<br />
years to come, thanks to the rising dem<strong>and</strong> from airline operators to generate revenue from non-core<br />
solutions. Departure control systems <strong>and</strong> internet booking systems are also projected to contribute<br />
substantially to the growth of the global PSS market over the next few years.<br />
This 179-page report gives readers a comprehensive overview of the <strong>Passenger</strong> <strong>Service</strong> <strong>System</strong> (PSS)<br />
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North America to Lose Ground to Asia Pacific in <strong>Global</strong> PSS <strong>Market</strong><br />
North America led the global PSS market in 2015 with a share of more than 28%. The presence of a large<br />
pool of well-established airline operators <strong>and</strong> the high number of passengers have been fueling the dem<strong>and</strong><br />
for passenger services in this region, creating lucrative opportunities for the market players. However, over<br />
the forthcoming years, the Asia Pacific PSS market is anticipated to surpass the market in North America<br />
in terms of revenue. The rise in the tourism industry in China, Japan, <strong>and</strong> Australia are expected to drive<br />
the Asia Pacific PSS market significantly in the near future.