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Airline Route Profitability Software Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Software (Fares Management and Pricing, Planning and Scheduling, Revenue Management, Other Software), End-user (Domestic Airlines, International Airlines, Business Charters), and Geography.

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Market Snapshot

airline route profitability software market overview
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: >7 %

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Market Overview

The airline route profitability software market is anticipated to grow at a CAGR of above 7% during the forecast period.

  • Procurement of advanced software suites by the airlines to maximise over the ever growing aviation market is one of the major driving factors of airline route profitability software market.
  • The growing adoption of technologies like artificial intelligence, augmented reality, virtual reality, mobile, and conversational commerce will assist the airlines in intelligent retailing and scaling their business. Such advancements in profitability software are expected have a positive impact on the growth of the market.

Scope of the Report

The study of Airline Route Profitability Software Market is segmented based on software into Fares Management and Pricing, Planning and Scheduling, Revenue Management and Other Softwares. Other Softwares include Customer Relationship and Loyalty, Reservations and Distribution, Crew Management, Flight Operations Control, Maintenance, Inventory Management, Business Analytics and Market Intelligence.

Software
Fares Management and Pricing
Planning and Scheduling
Revenue Management
Other Software
End-user
Domestic Airlines
International Airlines
Business Charters
Geography
North America
Europe
Asia-Pacific
Rest of World

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Key Market Trends

Other Software Segment to Experience the Highest Growth During the Forecast Period

With several airlines investing in the Reservations and Distribution, Crew Management, Flight Operations Control, and Maintenance software to reduce their cost and incur more profits, the Other Software segment of the market is expected to grow at the highest CAGR during the forecast period. Airlines are integrating a single integrated platform that can consolidate and process all the data from Reservations to flight operations and planning and also process Business Analytics and Market Intelligence data to identify demand trends and enable deriving deeper insights that are important for framing effective go-to-market pricing strategy. With growing importance for such software suites, this segment of the market is expected to grow at the highest rate during the forecast period.

Airline Route Profitability Software Market_endusertrend1

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Asia-Pacific Region to Experience the Highest Growth During the Forecast Period

Asia-Pacific region is anticipated to have the highest growth during the forecast period. The region have been a center of fast growing aviation industry with China and India as the main hubs of aviation. The growing tourism countries like Indonesia, Singapore, South Korea, Malaysia, Thailand, Australia, and Vietnam have led to increase in growth in the passenger traffic of this region. To make profits from this demand of the region, airlines are making strategic investments and plans to expand their presence in this region. The airlines are using route profitability software to evaluate the existing routes, to know the profit margins and plans & budgets profitability of routes, so that new routes can be undertaken in the future. Also, there are many companies based in this region also supporting the growth of the market during the forecast period.

Airline Route Profitability Software Market_geography

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Competitive Landscape

The market is moderately fragmented with many players providing various software platforms to the airlines. The prominent players in the market of airline route profitability software are SITA, Sabre Corporation, IBM, NIIT Technologies Limited, and Airpas Aviation GmbH. The long term agreements of the software providers and airlines is a major factor helping the local players to maintain their market position despite high competition. With development of new digital solutions by integration of advanced technologies via periodical software updates to create schedules that are more reliable, more profitable, and quicker and easier to develop, thereby, generating more business value.

airline route profitability software market CL

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Buyers/Consumers

      2. 4.4.2 Bargaining Power of Suppliers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Software

      1. 5.1.1 Fares Management and Pricing

      2. 5.1.2 Planning and Scheduling

      3. 5.1.3 Revenue Management

      4. 5.1.4 Other Software

    2. 5.2 End-user

      1. 5.2.1 Domestic Airlines

      2. 5.2.2 International Airlines

      3. 5.2.3 Business Charters

    3. 5.3 Geography

      1. 5.3.1 North America

      2. 5.3.2 Europe

      3. 5.3.3 Asia-Pacific

      4. 5.3.4 Rest of World

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 SITA

      2. 6.2.2 IBM

      3. 6.2.3 NIIT Technologies Limited

      4. 6.2.4 Amadeus IT Group

      5. 6.2.5 Sabre Corporation

      6. 6.2.6 Megabyte Ltd.

      7. 6.2.7 Orane Consulting Pvt. Ltd.

      8. 6.2.8 Sheorey Digital Systems Pvt. Ltd.

      9. 6.2.9 Airpas Aviation GmbH

      10. 6.2.10 Seabury Solutions

      11. 6.2.11 Maureva Ltd.

      12. 6.2.12 Travelport Worldwide Ltd.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Airline Route Profitability Software Market market is studied from 2018 - 2026.

The Airline Route Profitability Software Market is growing at a CAGR of >7% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

SITA, Sabre Corporation, IBM, NIIT Technologies Limited, Airpas Aviation GmbH are the major companies operating in Airline Route Profitability Software Market.

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