Market Overview:
The global flight reservation system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for air travel, rising disposable income, and technological advancements. In terms of type, the cloud-based segment is expected to grow at a higher CAGR than the web-based and flight reservation system segments during the forecast period. This can be attributed to the growing trend of cloud adoption by businesses across different industries.
Product Definition:
A Flight Reservation System is a computer system that reservation agents use to book passengers on commercial flights. The importance of a Flight Reservation System is that it allows airlines to efficiently manage their reservations and seating capacity.
Cloud Based:
Cloud-based solutions are expected to witness significant growth over the forecast period owing to factors such as low cost of implementation, scalability and reliability. The major factor contributing towards the growth of cloud based solutions is its usage in multiple industry verticals including BFSI, retail, healthcare & life sciences and manufacturing.
The flight booking system is an online service which helps passengers book their flights easily.
Web Based:
The global web-based and it's usage in flight reservation system market size was valued at USD 1.37 billion in 2015. The industry is expected to witness significant growth over the forecast period owing to increasing demand for online travel bookings, coupled with growing internet penetration across the globe.
Web-based software solutions are gaining popularity among various end-use industries such as travel & tourism, banking, education, and healthcare owing to its cost effectiveness and ease of use offered by vendors.
Application Insights:
The enterprise application segment accounted for the largest share of over 70.0% in 2017. The growth can be attributed to the extensive usage by large organizations and enterprises for flight booking on a frequent basis. This application is also preferred by several travel agents and aggregators as they offer various benefits such as flexible schedule, multiple users across different devices, easy access from mobile or laptop, and cost-saving features among others.
The individual segment is expected to witness significant growth over the forecast period owing to increasing air travel due to rising disposable income among consumers especially in emerging countries including China, India & Brazil which are majorly contributing towards industry expansion at a rapid pace. Furthermore, growing awareness about online flight reservation system resulting in increased usage of internet based systems will further propel industry expansion during the forecast period leading us towards 2030 when all individual segments would collectively contribute toward market revenue generation with an estimated CAGR exceeding 12%.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing air travel and growing adoption of online travel services. In addition, presence of major players such as Expedia Inc.; Travelocity; Orbitz Worldwide, Inc.; and Priceline Group, Inc., has fueled growth in this region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing number of airline companies offering low-cost flights coupled with rising disposable income especially among middle-class population groups in China and India. Government initiatives encouraging domestic air travel are also expected to fuel regional demand for flight reservation systems over the forecast period.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.4% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in an increase in the demand for flight reservation systems.
- Technological advancements: Flight reservation systems are becoming more and more sophisticated with each passing day, thanks to technological advancements. This is resulting in an increased adoption of these systems by airlines and other travel-related businesses.
- Emergence of new players: A number of startups are emerging in the flight reservation system market, offering innovative solutions that are helping airlines and other businesses reduce costs and improve efficiency. This is resulting in increased competition among players, which is benefiting consumers through better products and services.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flight Reservation System Market Research Report
By Type
Cloud Based, Web Based, Flight Reservation Syste
By Application
Individual, Enterprise, Government, Others
By Companies
Trawex Technologies, Airmax Systems, Sabre, Amadeus IT Group, Blue Sky Booking, Enoyaone, SITA, Bird Group, AMA Assistance, InteliSys Aviation Systems, Juniper (Cangooroo), IBS Software Services, Provoke Technologies, HitchHiker, Videcom, Flight Reservation Syste
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Flight Reservation System Market Report Segments:
The global Flight Reservation System market is segmented on the basis of:
Types
Cloud Based, Web Based, Flight Reservation Syste
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Enterprise, Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Trawex Technologies
- Airmax Systems
- Sabre
- Amadeus IT Group
- Blue Sky Booking
- Enoyaone
- SITA
- Bird Group
- AMA Assistance
- InteliSys Aviation Systems
- Juniper (Cangooroo)
- IBS Software Services
- Provoke Technologies
- HitchHiker
- Videcom
- Flight Reservation Syste
Highlights of The Flight Reservation System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Web Based
- Flight Reservation Syste
- By Application:
- Individual
- Enterprise
- Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flight Reservation System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A flight reservation system (FRS) is a computerized system used by airlines to manage reservations for flights. FRSs allow customers to make and track reservations online, and often provide other services such as seat selection, baggage handling, and ticketing.
Some of the major players in the flight reservation system market are Trawex Technologies, Airmax Systems, Sabre, Amadeus IT Group, Blue Sky Booking, Enoyaone, SITA, Bird Group, AMA Assistance, InteliSys Aviation Systems, Juniper (Cangooroo), IBS Software Services, Provoke Technologies, HitchHiker, Videcom, Flight Reservation Syste.
The flight reservation system market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flight Reservation System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flight Reservation System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flight Reservation System Market - Supply Chain
4.5. Global Flight Reservation System Market Forecast
4.5.1. Flight Reservation System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flight Reservation System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flight Reservation System Market Absolute $ Opportunity
5. Global Flight Reservation System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flight Reservation System Market Size and Volume Forecast by Type
5.3.1. Cloud Based
5.3.2. Web Based
5.3.3. Flight Reservation Syste
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flight Reservation System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flight Reservation System Market Size and Volume Forecast by Application
6.3.1. Individual
6.3.2. Enterprise
6.3.3. Government
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flight Reservation System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flight Reservation System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flight Reservation System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flight Reservation System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flight Reservation System Demand Share Forecast, 2019-2026
9. North America Flight Reservation System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flight Reservation System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flight Reservation System Market Size and Volume Forecast by Application
9.4.1. Individual
9.4.2. Enterprise
9.4.3. Government
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flight Reservation System Market Size and Volume Forecast by Type
9.7.1. Cloud Based
9.7.2. Web Based
9.7.3. Flight Reservation Syste
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flight Reservation System Demand Share Forecast, 2019-2026
10. Latin America Flight Reservation System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flight Reservation System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flight Reservation System Market Size and Volume Forecast by Application
10.4.1. Individual
10.4.2. Enterprise
10.4.3. Government
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flight Reservation System Market Size and Volume Forecast by Type
10.7.1. Cloud Based
10.7.2. Web Based
10.7.3. Flight Reservation Syste
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flight Reservation System Demand Share Forecast, 2019-2026
11. Europe Flight Reservation System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flight Reservation System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flight Reservation System Market Size and Volume Forecast by Application
11.4.1. Individual
11.4.2. Enterprise
11.4.3. Government
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flight Reservation System Market Size and Volume Forecast by Type
11.7.1. Cloud Based
11.7.2. Web Based
11.7.3. Flight Reservation Syste
11.8. Basis Point Share (BPS) Analysis byType
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flight Reservation System Demand Share, 2019-2026
12. Asia Pacific Flight Reservation System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flight Reservation System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flight Reservation System Market Size and Volume Forecast by Application
12.4.1. Individual
12.4.2. Enterprise
12.4.3. Government
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flight Reservation System Market Size and Volume Forecast by Type
12.7.1. Cloud Based
12.7.2. Web Based
12.7.3. Flight Reservation Syste
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flight Reservation System Demand Share, 2019-2026
13. Middle East & Africa Flight Reservation System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flight Reservation System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flight Reservation System Market Size and Volume Forecast by Application
13.4.1. Individual
13.4.2. Enterprise
13.4.3. Government
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flight Reservation System Market Size and Volume Forecast by Type
13.7.1. Cloud Based
13.7.2. Web Based
13.7.3. Flight Reservation Syste
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flight Reservation System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flight Reservation System Market: Market Share Analysis
14.2. Flight Reservation System Distributors and Customers
14.3. Flight Reservation System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Trawex Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Airmax Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sabre
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Amadeus IT Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Blue Sky Booking
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Enoyaone
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SITA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bird Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AMA Assistance
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. InteliSys Aviation Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Juniper (Cangooroo)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. IBS Software Services
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Provoke Technologies
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. HitchHiker
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Videcom
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Flight Reservation Syste
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
