Market Overview:
The global airline route profitability software market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cost-effective and efficient airline operations. Additionally, the growing adoption of big data and analytics in the aviation industry is also propelling the growth of this market. On the basis of type, the global airline route profitability software market can be segmented into low cost and full service. The low cost segment is expected to account for a larger share of this market during the forecast period owing to its growing popularity among airlines worldwide.
Product Definition:
Airline Route Profitability Software is a computer program that calculates the profitability of airline routes. It is used to help airlines decide which routes to keep and which ones to discard. The software takes into account factors such as passenger traffic, fuel costs, and ticket prices.
Low Cost:
Low cost is a key factor in airline route profitability software market growth. The major airlines across the globe are facing challenges due to high fuel prices and competition from low-cost carriers, which has led to erosion of profit margins. To overcome this problem, leading airlines have started using low-cost flight booking software such as Route profitability management (RPM) solutions offered by vendors such as SITA and GECKO Software Inc., which helps them reduce their operating costs significantly.
Full Service:
Full-service route profitability software is used by airlines for optimizing their revenue and cost operations. It includes all the tools and features that are required to run an airline business including inventory management, flight booking, sales & marketing, loyalty program management along with fuel pricing information.
Application Insights:
The route profitability software is used for various applications such as domestic and international airlines. The international segment dominated the market in terms of revenue in 2017, attributed to the extensive use of route profitability software by major carriers such as United, Delta, American Airlines among others.
The European low-cost carrier (LCC) industry has witnessed significant growth over the past few years owing to increasing air passenger traffic and fares wars between LCCs on some key routes. This trend is expected to continue over the forecast period with more number of low-cost carriers entering into operation across different regions worldwide. For instance, EasyJet currently operates from Ireland to London Gatwick Airport with five aircraft; however, it has announced its plan for expansion with additional six aircraft by 2020 which will operate from bases at Cork/Bodkin St.
Regional Analysis:
North America dominated the global airline route profitability software market in 2017. The presence of major airlines, such as Delta Air Lines, Inc., United Airlines, and American Airlines; has resulted in high demand for the software to optimize their operations. Moreover, increasing focus on reducing costs by minimizing unnecessary expenses is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income and improved standard of living resulting from rapid economic development coupled with increasing air travel across various countries including China and India. Furthermore, government initiatives encouraging domestic tourism are likely to boost passenger traffic thereby driving regional demand over the next eight years.
Growth Factors:
- Increasing demand for Airline Route Profitability Software from small and medium-sized enterprises (SMEs) due to the benefits offered by the software such as reducing operational costs, improving efficiency, and enhancing customer service.
- The increasing adoption of Airline Route Profitability Software by large enterprises due to its ability to improve profitability and optimize operations.
- The growing demand for Airline Route Profitability Software from airlines owing to its ability to help them manage their routes more efficiently and increase profits.
- The increasing use of big data analytics in the airline industry, which is helping airlines make better decisions about their routes using data-driven insights into factors such as passenger traffic trends, fare prices, etc. This is driving demand for Airline Route Profitability Software solutions that can help airlines make better route choices using big data analytics capabilities. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Airline Route Profitability Software Market Research Report
By Type
Low Cost, Full Service
By Application
Domestic Airlines, International Airlines
By Companies
Sabre Airline Solutions, NIIT Technologies, IBM, Megabyte Ltd, Infosys, Sixel Consulting Group, Optym, G-aero, Wipro Industries, Qlikview
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Airline Route Profitability Software Market Report Segments:
The global Airline Route Profitability Software market is segmented on the basis of:
Types
Low Cost, Full Service
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
Domestic Airlines, International Airlines
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:
- Sabre Airline Solutions
- NIIT Technologies
- IBM
- Megabyte Ltd
- Infosys
- Sixel Consulting Group
- Optym
- G-aero
- Wipro Industries
- Qlikview
Highlights of The Airline Route Profitability 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:
- Low Cost
- Full Service
- By Application:
- Domestic Airlines
- International Airlines
- 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 Route Profitability 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
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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?
Airline Route Profitability Software is a computer software application that calculates the profitability of airline routes.
Some of the major players in the airline route profitability software market are Sabre Airline Solutions, NIIT Technologies, IBM, Megabyte Ltd, Infosys, Sixel Consulting Group, Optym, G-aero, Wipro Industries, Qlikview.
The airline route profitability software market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airline Route Profitability Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Airline Route Profitability Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airline Route Profitability Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Airline Route Profitability Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Airline Route Profitability Software Market Size & Forecast, 2020-2028
4.5.1 Airline Route Profitability Software Market Size and Y-o-Y Growth
4.5.2 Airline Route Profitability Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Low Cost
5.2.2 Full Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Domestic Airlines
6.2.2 International Airlines
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airline Route Profitability Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Airline Route Profitability Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Low Cost
9.6.2 Full Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Domestic Airlines
9.10.2 International Airlines
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Low Cost
10.6.2 Full Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Domestic Airlines
10.10.2 International Airlines
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Low Cost
11.6.2 Full Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Domestic Airlines
11.10.2 International Airlines
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Low Cost
12.6.2 Full Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Domestic Airlines
12.10.2 International Airlines
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Low Cost
13.6.2 Full Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Domestic Airlines
13.10.2 International Airlines
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Airline Route Profitability Software Market: Competitive Dashboard
14.2 Global Airline Route Profitability Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sabre Airline Solutions
14.3.2 NIIT Technologies
14.3.3 IBM
14.3.4 Megabyte Ltd
14.3.5 Infosys
14.3.6 Sixel Consulting Group
14.3.7 Optym
14.3.8 G-aero
14.3.9 Wipro Industries
14.3.10 Qlikview
