Global Passenger Service System (PSS) Market to Reach $17.1 Billion by 2030
The global market for Passenger Service System (PSS) estimated at US$7.8 Billion in the year 2022, is projected to reach a revised size of US$17.1 Billion by 2030, growing at a CAGR of 10.3% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 9.7% CAGR and reach US$12.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 12% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 13.8% CAGR
The Passenger Service System (PSS) market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2030 trailing a CAGR of 13.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 8.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.Select Competitors (Total 44 Featured) -
- Accelya Holding World S.L
- Amadeus IT Group SA
- Bravo Passenger Solutions Pte Limited
- Enoya-one Ltd. (AeroCRS)
- Hexaware Technologies Ltd.
- Hitit
- IBS Software Services Pvt., Ltd.
- Information Systems Associates (Accelaero)
- Intelisys Aviation Systems Inc.
- KIU System Solutions (Uruguay)
- Radixx International, Inc.
- Sabre Corp.
- Sirena-Travel
- SITA
- Travel Technology Interactive
- Travelport, LP
- TravelSky Technology Limited
- Unisys Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accelya Holding World S.L
- Amadeus IT Group SA
- Bravo Passenger Solutions Pte Limited
- Enoya-one Ltd. (AeroCRS)
- Hexaware Technologies Ltd.
- Hitit
- IBS Software Services Pvt., Ltd.
- Information Systems Associates (Accelaero)
- Intelisys Aviation Systems Inc.
- KIU System Solutions (Uruguay)
- Radixx International, Inc.
- Sabre Corp.
- Sirena-Travel
- SITA
- Travel Technology Interactive
- Travelport, LP
- TravelSky Technology Limited
- Unisys Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 274 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.8 Billion |
Forecasted Market Value ( USD | $ 17.1 Billion |
Compound Annual Growth Rate | 10.3% |
Regions Covered | Global |