Travel agencies, travel management firms, and other travel service providers use technological platforms and networks to access and distribute travel-related content and services. This market is known as the global distribution system (GDS) market. GDS serve as interface bringing together providers including hotels, rental car agencies, airlines, and travel agencies to ease information sharing, reservation-making, and transaction processing. Additionally, companies in this market provide all-inclusive platforms that compile and present current travel inventory, such as flight times, hotel availability, rental car choices, and cost details. Travel agencies and other users are endowed to search, evaluate, and make reservations for travel services on behalf of their clients with the help of these platforms. GDS platforms connect users with a global network of suppliers and travel-related content, making them renowned for their broad reach. The entire travel booking experience is improved by these platforms as it expedites the reservation process, automate procedures, and facilitate effective communication between travel agents and service suppliers. Furthermore, the growing complexity of the travel sector and the rising demand for travel are the main drivers of the worldwide distribution system market. GDS platforms are essential for streamlining the booking process, giving users access to a large variety of travel options, and guaranteeing accurate and current information as the travel industry grows more varied and competitive.
Surge in rising levels of globalization and modernization of technology primarily drives the growth of the distribution system market. However, rising implementation costs and complexity and the difficulty of integration hamper market growth to some extent. Moreover, enhanced effectiveness and output is expected to provide lucrative opportunities for market growth during the forecast period.
On the basis of component, software segment dominated the Distribution system market in 2022 and is expected to maintain its dominance in the upcoming years owing to the offer businesses the ability to manage record, handle logistics, track orders, and also analyze data, between other tasks propels the market growth significantly. However, the services segment is expected to witness the highest growth, owing to organization to help organizations leverage the data generated by the global distribution system to optimize their operations, gain valuable insights, and make informed decisions.
The distribution system market is segmented on the basis of component, application and region. On the basis of component, it is divided into software and services. On the basis of application, it is fragmented into hotels and resorts, cruises, car rental, aviation, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Region-wise, the distribution system market size was dominated by North America in 2022 and is expected to retain its position during the forecast period, owing to the increased focus on technological advancements and infrastructure development aiding the growth of the distribution system market. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to the increased need for strong distribution networks and efficient order fulfillment processes, which is expected to fuel the market growth in this region.
The key players operating in the market are Amadeus IT Group SA, Sabre GLBL Inc., Travelport, Pegasus, TravelSky Technology Limited., Sirena-Travel JSC, SiteMinder, INFINI, TravelPerk and kiu system solutions. Furthermore, it highlights the strategies of the key players to improve the market share and sustain competition.
Surge in rising levels of globalization and modernization of technology primarily drives the growth of the distribution system market. However, rising implementation costs and complexity and the difficulty of integration hamper market growth to some extent. Moreover, enhanced effectiveness and output is expected to provide lucrative opportunities for market growth during the forecast period.
On the basis of component, software segment dominated the Distribution system market in 2022 and is expected to maintain its dominance in the upcoming years owing to the offer businesses the ability to manage record, handle logistics, track orders, and also analyze data, between other tasks propels the market growth significantly. However, the services segment is expected to witness the highest growth, owing to organization to help organizations leverage the data generated by the global distribution system to optimize their operations, gain valuable insights, and make informed decisions.
The distribution system market is segmented on the basis of component, application and region. On the basis of component, it is divided into software and services. On the basis of application, it is fragmented into hotels and resorts, cruises, car rental, aviation, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Region-wise, the distribution system market size was dominated by North America in 2022 and is expected to retain its position during the forecast period, owing to the increased focus on technological advancements and infrastructure development aiding the growth of the distribution system market. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to the increased need for strong distribution networks and efficient order fulfillment processes, which is expected to fuel the market growth in this region.
The key players operating in the market are Amadeus IT Group SA, Sabre GLBL Inc., Travelport, Pegasus, TravelSky Technology Limited., Sirena-Travel JSC, SiteMinder, INFINI, TravelPerk and kiu system solutions. Furthermore, it highlights the strategies of the key players to improve the market share and sustain competition.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the distribution system market analysis from 2022 to 2032 to identify the prevailing distribution system market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the distribution system market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global distribution system market trends, key players, market segments, application areas, and market growth strategies.
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- SWOT Analysis
Key Market Segments
By Application
- Hotels and Resorts
- Cruises
- Car Rental
- Aviation
- Others
By Component
- Software
- Services
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Argentina
- Colombia
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East And Africa
Key Market Players
- Amadeus IT Group SA
- Sabre GLBL Inc.
- Travelport
- Pegasus
- TravelSky Technology Limited.
- Sirena-Travel JSC
- SiteMinder
- INFINI
- kiu system solutions
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: DISTRIBUTION SYSTEM MARKET, BY COMPONENT
CHAPTER 5: DISTRIBUTION SYSTEM MARKET, BY APPLICATION
CHAPTER 6: DISTRIBUTION SYSTEM MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Amadeus IT Group SA
- Sabre GLBL Inc.
- Travelport
- Pegasus
- TravelSky Technology Limited.
- Sirena-Travel JSC
- SiteMinder
- INFINI
- kiu system solutions
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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