Global Passenger Service System Market growing at a CAGR of 12.3% from 2023 to 2030

Consegic Business Intelligence provided an inclusive research report on the passenger service system market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends. Third-party providers will witness the fastest CAGR as third-party providers have extensive experience and expertise in passenger service system development, implementation, and support. The specialized focus allows the providers to stay updated with industry trends, technological advancements, and best practices, offering airlines cutting-edge solutions and services. Moreover, third-party providers, particularly global distribution system (GDS) providers, have established global networks and connections with travel agencies, online travel agents (OTAs), and other distribution channels. The extensive reach enables airlines to connect with a wide range of sales channels and expand the market presence without the need for individual connections. Furthermore, third-party providers offer cost-effective passenger service systems with flexible pricing models, hence contributing remarkably in accelerating the growth of the market.