Report : Asia Pacific Ground Handling Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Airport Class (Class I, Class II, Class III, and Class IV), Application (Terminal Side, Airside, and Landside), and Software Type [Passenger Boarding & Departure Control, Baggage Management, Security Management, Automated Cargo & Load Control, GSE Tracking (Telemetry), and Ramp Management]
Passenger boarding & departure control Segment to Dominate APAC Ground handling software market During 2021–2028
According to a new market research study on “APAC Ground handling software market to 2028 – COVID-19 Impact Analysis and Forecast by Airport Class, Application, Software Type, and Country” is expected to reach US$ 1837.31 million by 2028 from US$ 1142.70 million in 2021. The market is estimated to grow at a CAGR of 7.0% from 2021 to 2028. The report provides trends prevailing in the APAC ground handling software market along with the drivers and restraints pertaining to the market growth. Expanding investment toward airport construction and expansion and financing in airport IT infrastructure are the major factor driving the growth of the APAC ground handling software market. However, inadequacy of investment on airports in developed countries hinders the growth of APAC ground handling software market.
The APAC ground handling software market is segmented based on airport class, application, software type, and country. Based on airport class, the APAC ground handling software market is segmented into class I, class II, class III, and class IV. The class I segment dominated the APAC ground handling software market in 2020. Based on application, the APAC ground handling software market is segmented into terminal side, airside, and landside. The terminal side segment dominated the APAC ground handling software market in 2020. Based on software type, the APAC ground handling software market is segmented into passenger boarding & departure control, baggage management, security management, automated cargo & load control, GSE tracking (telemetry), and ramp management. The passenger boarding & departure control segment dominated the APAC ground handling software market in 2020. Based on country, the APAC ground handling software market is segmented into China, Japan, India, Australia, South Korea, and Rest of APAC. The China segment dominated the APAC ground handling software market in 2020.
Avtura limited; Damarel Systems International Ltd; INFORM GmbH; Quantum Aviation Solutions; Quonext; 1RESA Airport Data Systems; SITA; TOPSYSTEM SYSTEMHAUS GMBH; and Wiseleap are among the leading companies in the APAC ground handling software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Quantum Aviation Solutions have released its second version of Web Front End. It has some exceptional additional and improved features for better cost effectiveness.
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