A $3.6 Billion Global Opportunity for Ground Handling Software by 2026 - New Research from StrategyR

SAN FRANCISCO, Oct. 13, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Ground Handling Software - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 1978
Companies: 32 - Players covered include Amadeus IT Group SA; Arepo Solutions Ltd.; Avtura Ltd.; Damarel Systems International Ltd.; Inform GmbH; Mercator Limited; Quantum Aviation Solutions GmbH; RESA Airport Data Systems; Rockwell Collins, Inc.; Sabre Corporation; SITA; Topsystem GmbH and Others.
Coverage: All major geographies and key segments
Segments: Software (Passenger Boarding & Departure Control, Baggage Management, Flight Information Display, Resource Management, Security Management, Automated Cargo & Load Control, GSE Tracking (Telemetry), Other Softwares)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Ground Handling Software Market to Reach $3.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Ground Handling Software estimated at US$2.8 Billion in the year 2020, is projected to reach a revised size of US$3.6 Billion by 2026, growing at a CAGR of 4.4% over the analysis period. Passenger Boarding & Departure Control, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$1.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Baggage Management segment is readjusted to a revised 4.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $857.1 Million in 2021, While China is Forecast to Reach $634 Million by 2026
The Ground Handling Software market in the U.S. is estimated at US$857.1 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$634 Million by the year 2026 trailing a CAGR of 4.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 3.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Flight Information Display Segment to Reach US$498.5 Million by the year 2026
In the global Flight Information Display segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$316 Million in the year 2020 will reach a projected size of US$417.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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