DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Ground Handling Software Market by Application (Land, Terminal, Air), Software (Passenger Boarding & Departure Control, Baggage Management, Flight Information Display), Airport Class (A, B, C), Investment Type, and Region - Global Forecast to 2022" report to their offering.
The ground handling and support software market is projected to grow from USD 2.49 Billion in 2016 to USD 3.25 Billion by 2022, at a CAGR of 4.56% during the forecast period.
Ground handling software refers to the use of computerized software systems to perform most of the airport ground handling tasks, which require precision and rigidity. These tasks include passenger handling, baggage handling, flight management, and airline revenue management, among other ground handling operations.
The need to effectively manage operations at airports and the rise in demand for accurate and precise information of airport ground operations are factors anticipated to drive the growth of the ground handling and support software market. In addition, rise in investments for the upgrade of IT infrastructure at airports is projected to drive the demand for ground handling and support software.
Market Dynamics
Drivers
- Focus On Technological Advancements at Airports
- Increase in Airport It Investments
- Increase in Time And Operational Efficiency
Restraints
- High Operating Cost
Opportunites
- Smart Airports
- Cloud Based Ground Handling Software
Challenges
- Rising Cyber Security Threats
- Failure of Ground Handling Software During Peak Hours
Companies Mentioned
- Amadeus It Group Sa
- Arepo Solutions Ltd.
- Avtura Ltd.
- Damarel Systems International Ltd.
- Inform Gmbh
- Mercator Company
- Quantum Aviation Solutions Gmbh
- Resa Airport Data Systems
- Rockwell Collins, Inc.
- Sabre Corporation
- Sita
- Topsystem Gmbh
For more information about this report visit http://www.researchandmarkets.com/research/6gskd3/ground_handling
