Airline route profitability software offers various features and functionalities to assist airlines in route planning, scheduling, and revenue management. It typically incorporates data analytics, demand forecasting, pricing optimization, cost analysis, and performance tracking capabilities to provide comprehensive insights into the profitability of individual routes and overall network operations. The major driving factors for the Global Airline Route Profitability Software Market are the increasing complexity of airline operations and the rising amount of data. Moreover, advancements in technology and changing travel patterns are creating lucrative growth opportunities for the market over the forecast period 2023-2030.
Rising air traffic across the globe is driving the market, The International Air Transport Association (IATA) expects overall air traveler numbers to reach 4.0 billion in 2024. From the same source, it has been found that the total number of travelers in 2021 was 47% higher than in 2019 and 83% in 2022, and it is expected to reach at 94% by year 2023, 103% by year 2024, and 111% by year 2025. Additionally, domestic air traffic in September 2022 grew by 6.9% in comparison to the same month in 2021. Furthermore, from the same source it has been found that air passenger traffic in September 2022 demonstrated a remarkable surge of 122% compared to the previous year. However, the high cost of Airline Route Profitability Software stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Airline Route Profitability Software Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is dominating the market in year 2022, The region is home to major airlines, including full-service carriers, low-cost carriers, and cargo operators, which drive the demand for route optimization and profitability solutions. North American airlines focus on maximizing revenue and operational efficiency, making the adoption of route profitability software crucial in their business strategies. The Asia Pacific region is experiencing significant growth in the aviation industry, driven by the expanding middle class and increasing air travel demand. Airlines in Asia Pacific are focused on route expansion, network optimization, and revenue management to capture the growing market opportunities. The adoption of airline route profitability software is on the rise in the region as airlines seek to improve operational efficiency and maximize profitability.
Major market player included in this report are:
- Sabre Corporation
- Amadeus IT Group
- Lufthansa Systems
- SITA
- Jeppesen (a Boeing Company)
- PROS Holdings, Inc.
- Revenue Analytics Inc
- IBS Software
- Optym
- Accelya Solutions India Ltd
Recent Developments in the Market:
- In July 2022, the RDC Aviation company expanded its airline profitability data by including five new airlines: Aero Mexico, Air Canada, LATAM, Volaris, and Westjet. This addition signifies the growing recognition of the importance of comprehensive data in assessing and analyzing airline profitability.
Global Airline Route Profitability Software Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Software, End-user, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Software offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Software:
- Fares Management and Pricing
- Planning and Scheduling
- Revenue Management
- Other Software
By End-user:
- Domestic Airlines
- International Airlines
- Business Charters
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Airline Route Profitability Software Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Airline Route Profitability Software Market, by Software, 2020-2030 (USD Billion)
- 1.2.3. Airline Route Profitability Software Market, by End-user, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Airline Route Profitability Software Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Airline Route Profitability Software Market Dynamics
- 3.1. Airline Route Profitability Software Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing Complexity of Airline Operations
- 3.1.1.2. Rising volume of data generation
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Airline Route Profitability Software
- 3.1.2.2. Increasing data threats concerns
- 3.1.3. Market Opportunities
- 3.1.3.1. Technological advancements in software
- 3.1.3.2. Changing travel patterns
Chapter 4. Global Airline Route Profitability Software Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Airline Route Profitability Software Market, by Software
- 5.1. Market Snapshot
- 5.2. Global Airline Route Profitability Software Market by Software, Performance - Potential Analysis
- 5.3. Global Airline Route Profitability Software Market Estimates & Forecasts by Software 2020-2030 (USD Billion)
- 5.4. Airline Route Profitability Software Market, Sub Segment Analysis
- 5.4.1. Fares Management and Pricing
- 5.4.2. Planning and Scheduling
- 5.4.3. Revenue Management
- 5.4.4. Other Software
Chapter 6. Global Airline Route Profitability Software Market, by End-user
- 6.1. Market Snapshot
- 6.2. Global Airline Route Profitability Software Market by End-user, Performance - Potential Analysis
- 6.3. Global Airline Route Profitability Software Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
- 6.4. Airline Route Profitability Software Market, Sub Segment Analysis
- 6.4.1. Domestic Airlines
- 6.4.2. International Airlines
- 6.4.3. Business Charters
Chapter 7. Global Airline Route Profitability Software Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Airline Route Profitability Software Market, Regional Market Snapshot
- 7.4. North America Airline Route Profitability Software Market
- 7.4.1. U.S. Airline Route Profitability Software Market
- 7.4.1.1. Software breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. End-user breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Airline Route Profitability Software Market
- 7.5. Europe Airline Route Profitability Software Market Snapshot
- 7.5.1. U.K. Airline Route Profitability Software Market
- 7.5.2. Germany Airline Route Profitability Software Market
- 7.5.3. France Airline Route Profitability Software Market
- 7.5.4. Spain Airline Route Profitability Software Market
- 7.5.5. Italy Airline Route Profitability Software Market
- 7.5.6. Rest of Europe Airline Route Profitability Software Market
- 7.6. Asia-Pacific Airline Route Profitability Software Market Snapshot
- 7.6.1. China Airline Route Profitability Software Market
- 7.6.2. India Airline Route Profitability Software Market
- 7.6.3. Japan Airline Route Profitability Software Market
- 7.6.4. Australia Airline Route Profitability Software Market
- 7.6.5. South Korea Airline Route Profitability Software Market
- 7.6.6. Rest of Asia Pacific Airline Route Profitability Software Market
- 7.7. Latin America Airline Route Profitability Software Market Snapshot
- 7.7.1. Brazil Airline Route Profitability Software Market
- 7.7.2. Mexico Airline Route Profitability Software Market
- 7.8. Middle East & Africa Airline Route Profitability Software Market
- 7.8.1. Saudi Arabia Airline Route Profitability Software Market
- 7.8.2. South Africa Airline Route Profitability Software Market
- 7.8.3. Rest of Middle East & Africa Airline Route Profitability Software Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Sabre Corporation
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Amadeus IT Group
- 8.3.3. Lufthansa Systems
- 8.3.4. SITA
- 8.3.5. Jeppesen (a Boeing Company)
- 8.3.6. PROS Holdings, Inc.
- 8.3.7. Revenue Analytics Inc
- 8.3.8. IBS Software
- 8.3.9. Optym
- 8.3.10. Accelya Solution India Ltd.
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption