Global Passenger Service System Market Growth (Status and Outlook) 2023-2029

Global Passenger Service System Market Growth (Status and Outlook) 2023-2029

A passenger service system (PSS) is a series of critical systems used by airlines. The PSS usually comprises an airline reservations system, an airline inventory system and a departure control system (DCS).

LPI (LP Information)' newest research report, the “Passenger Service System Industry Forecast” looks at past sales and reviews total world Passenger Service System sales in 2022, providing a comprehensive analysis by region and market sector of projected Passenger Service System sales for 2023 through 2029. With Passenger Service System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passenger Service System industry.

This Insight Report provides a comprehensive analysis of the global Passenger Service System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Passenger Service System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Passenger Service System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passenger Service System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Passenger Service System.

The global Passenger Service System market size is projected to grow from US$ 6665.8 million in 2022 to US$ 10310 million in 2029; it is expected to grow at a CAGR of 6.4% from 2023 to 2029.

The airline reservations system is the system that allows an airline to sell their inventory (seats). It contains information on schedules and fares and contains a database of reservations (or passenger name records) and of tickets issued (if applicable). The airline inventory system may or may not be integrated with the reservation system. The system contains all the airline’s flights and the available seats. The main function of the inventory system is to define how many seats are available on a particular flight by opening or closing an individual booking class in accordance with rules defined by the airline. The departure control system is the system used by airlines and airports to check-in a passenger. The DCS is connected to the reservation system enabling it to check who has a valid reservation on a flight. The DCS is used to enter information required by customs or border security agencies and to issue the boarding document. In addition the DCS may also be used to dispatch cargo and to optimize aircraft weight and balance.

This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Service System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Airline Reservation System
Airline Inventory System
Departure Control System
Others

Segmentation by application
Ferry
Railways
Airways
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sirena-Travel
Mercator Ltd.
Travelsky Technology Ltd.
KIU System Solutions.
AeroCRS
SITA NV
Sabre Corp.
Radixx International, Inc.
Hitit Computer Services A.S.
Amadeus IT Group SA
Travel Technology Interactive
Unisys Corp.
Hexaware Technologies Ltd.
Intelisys Aviation Systems Inc.
Bravo Passenger Solutions Pte Ltd.
IBS Software Services Pvt. Ltd.
Information Systems Associates FZE

Please note: The report will take approximately 2 business days to prepare and deliver.