Ground Handling Software Market Scope
The ground handling software refers to the use of computerized software systems to perform most of the airport ground handling tasks that require precious and rigidity. This task comprises passenger handling, baggage handling, flight management, resource management, security management, and airline revenue management, among other ground handling operations. Based on application, the market has been segmented into the terminal side, air side, and land side. The rapid growth in the IT investments among the airports is boosting the growth of the ground handling software market.
According to AMA, the Global Ground Handling Software market is expected to see growth rate of 6.6%The bargaining power of supplier is high owing to the limited players in the market. To gain a leading share in the market, the companies are adopting some organic and inorganic strategies such as merger, acquisition, expansion, product launch, among others. Companies are conducting R&D in the field of ground handling and support software to introduce advanced products lines. The companies are also constantly focusing on the technological advancements in order to cater to the software as per the market necessities. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Ground Handling Software market throughout the predicted period.
Rockwell Collins (United States), Sabre Corporation (United States), Amadeus IT Group (Spain), SITA WorkBridge A/S (Denmark), Damarel Systems International (United Kingdom), topsystem Systemhaus GmbH (Germany), Arepo Solutions (United Kingdom), Inform (Germany), Mercator (United Arab Emirates) and Quantum Aviation Solutions (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Resa Airport Data Systems (France), Avtura Ltd (United Kingdom) and Quonext Technology, S.A. (Spain).
Segmentation Overview
The study have segmented the market of Global Ground Handling Software market , by Application (Terminal Side, Air Side and Land Side) and Region with country level break-up.
On the basis of geography, the market of Ground Handling Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
The Rapid Growth of I.T. Investments among the Airports and Latest Technological Advancements in Ground Handling Software’s
Market Growth Drivers:
The Rapid Increase in Technological Advancements at Airports, The Increasing IT Investments among the Airports and The Growing Need for Time & Operation Efficiency in Airports
Challenges:
Rising Cyber Security Threats among the Globe and Failure of Ground Handling Software during Peak Hours
Restraints:
The High Operating Cost of the Software
Opportunities:
The Emergence of Smart Airports and Cloud-Based Ground Handling Software
Market Leaders and their Expansionary Development Strategies
In February, 2023 IBS Software, a leading SaaS solutions provider to the travel industry globally, has announced the completion of a transaction to acquire Accenture Freight and Logistics Software (AFLS). AFLS provides technology platforms to help airline and ocean transportation companies manage their freight operations and grow through digital transformation and innovation
In March 2021, Trivandrum, India: IBS Software, a leading SaaS solutions provider to the travel industry, has launched a new version of iFlight that provides airlines with a single platform for Operations (Ops), Crew and now Hub management, allowing airlines to balance operational disruption with cost efficiency and customer satisfaction across their entire network.
Key Target Audience
Ground Handling Software Developers, Different Airlines and Air Transport Companies, Airport Management Companies and Airport Authorities of Different Countries, Ground Handling Service Providers and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.