Global Airline Reservations Software Market by Type (Cloud-based, Web-based), By Application (Large Enterprises, SMEs) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global airline reservations software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based and web-based airline reservation software by large enterprises and SMEs. North America is expected to lead the global airline reservations software market in terms of revenue during the forecast period, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.



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Product Definition:

Airlines Reservations Software is a computer system used by airlines to manage the reservations of their passengers. It allows airlines to keep track of passenger reservations, cancellations, and changes. The software also helps airlines determine how many seats are available on each flight and how much revenue they can expect from each flight.

Cloud-based:

Cloud-based software is a type of software system that enables the user to access data or functionality remotely using an internet connection. The primary benefit offered by cloud-based solutions is their cost effectiveness as they do not require additional hardware or space on the user’s end. Cloud services are also available on pay per use basis, where the pay per use depends upon how much storage the consumer requires and usage caps if any, which makes it economical for small and medium enterprises.

Web-based:

The web-based software is used for airline reservations wherein the user can access the system and make or modify a booking online. The system enables users to create, edit, review, and cancel bookings; all these operations are done online. Web-based software solutions have been widely adopted by airlines as they help them in enhancing customer experience along with reducing operational costs.

Application Insights:

The large enterprises segment held the largest market share in 2017. This is attributed to the fact that most of these companies have a global presence and need to manage their network of offices across different countries. Furthermore, they also require tools that can help them schedule and track appointments across all offices globally. The small & medium-sized enterprises (SMEs) segment is expected to witness significant growth over the forecast period owing to increasing demand for cost-effective air travel among these businesses. SMEs usually lack internal IT resources, which results in limited or no access to advanced technologies such as reservation systems for flight tickets online. As a result, they opt for third-party solutions that offer easy access from their office computers with just one mouseclick on an app icon or enter a few details on a website form and get an instant response with complete details about availability of seats etc.

Regional Analysis:

North America dominated the global airline reservations software market in 2017. The growth of this region can be attributed to the presence of major players such as Amadeus, Travelport, and OpenTable Inc. Furthermore, these companies are continuously investing in new technologies such as artificial intelligence (AI) and machine learning for providing better services to their customers. For instance, in November 2018, OpenTable Inc., a U.S.

Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to increasing number of low-cost carriers operating within this region offering cheap airfares compared with those offered by legacy airlines operating at higher fares within same regions or across other continents.

Growth Factors:

Increasing demand for air travel: The global airline industry is expected to grow at a CAGR of 5.8% during the forecast period, owing to the increasing demand for air travel from both developed and developing countries. This is expected to drive the growth of the airline reservations software market.
Technological advancements: Airlines are increasingly adopting new technologies such as cloud-based solutions and big data analytics to improve their operational efficiency and customer experience. This is expected to drive the growth of the airline reservations software market in coming years.
Emergence of low-cost carriers: The emergence of low-cost carriers (LCCs) has led to an increase in competition among airlines, which has resulted in a reduction in fares and an increase in passenger traffic across different regions worldwide. This is likely to boost the adoption of airline reservations software globally over the next few years..


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Scope Of The Report
Report Attributes
Report Details
Report Title
Airline Reservations Software Market Research Report
By Type
Cloud-based, Web-based
By Application
Large Enterprises, SMEs
By Companies
Trawex Technologies, Consultex, AirMax Systems, ISA, Sutra, Intelisys Aviation Systems, SABRE GLBL, Amadeus, Blue Sky Booking, ANIXE Polska, IBS Software, Reservations Gateway, Aerocode Software, Odysseus Solutions, Results Reservation Technologies
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.

Global Airline Reservations Software Market Report Segments:
The global Airline Reservations Software market is segmented on the basis of:
Types
Cloud-based, Web-based
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
Large Enterprises, SMEs
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
Consultex
AirMax Systems
ISA
Sutra
Intelisys Aviation Systems
SABRE GLBL
Amadeus
Blue Sky Booking
ANIXE Polska
IBS Software
Reservations Gateway
Aerocode Software
Odysseus Solutions
Results Reservation Technologies



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Highlights of The Airline Reservations Software 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
By Application:
Large Enterprises
SMEs
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 Airline Reservations Software 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.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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

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