How big is the Passenger Service System Market?

The Passenger Service System Market size is expected to reach USD 10.24 billion in 2024 and grow at a CAGR of greater than 17.12% to reach USD 22.56 billion by 2029. Read More

What is the current Passenger Service System Market size?

In 2024, the Passenger Service System Market size is expected to reach USD 10.24 billion. Read More

Who are the key players in Passenger Service System Market?

SITA NV, Amadeus IT Group SA, Radixx International, Bravo Passenger Solutions Pte Limited and Sabre Corporation are the major companies operating in the Passenger Service System Market. Read More

Which is the fastest growing region in Passenger Service System Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Passenger Service System Market?

In 2024, the North America accounts for the largest market share in Passenger Service System Market. Read More

What years does this Passenger Service System Market cover, and what was the market size in 2023?

In 2023, the Passenger Service System Market size was estimated at USD 8.74 billion. The report covers the Passenger Service System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Passenger Service System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Passenger Service System Market - Growth, Size & Share

Passenger Service System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Passenger Service System Market Forecast and it is Segmented by Type (Software and Service), Deployment (On-Premises and Cloud), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Passenger Service System Industry Overview

The Passenger Service System market is semi-consolidated, the aviation industry is witnessing a paradigm shift toward connected systems, and airlines are increasingly focusing on enhancing customer experiences by offering differentiated passenger service systems (PSS). Leading vendors such as SITA NV and Amadeus IT Group are capitalizing on this trend by developing innovative PSS solutions. Moreover, several airline companies have adopted a vertical integration strategy to develop in-house PSS.

July 2023 - SITA, the technology offering for the travel and transport organization, secured a landmark deal with Airports Authority of India to assist one of the global biggest growth markets, providing technology to 43 of India’s biggest airports.
October 2022 - Munich Airport announced the launch of its new Express Queue reservation system, aimed at better managing traffic before security checkpoints in Terminal 1 and reducing wait times. Air travelers can now reserve a free 30-minute window for entry to security checkpoints and passport control while flying to non-Schengen locations, thus providing greater flexibility and convenience.
April 2022 - IBS Software announced the launch of its next-generation software iFly Res, which features a customer-centric PSS with state-of-the-art offer and order management capabilities. The new system is designed to enhance the passenger experience and provide airlines with greater operational efficiency.