Global Distribution System Market Overview:
A distribution system is a computerised network system that facilitates and monitors the movement of services and goods from point of origin to point of consumption. It is mostly used to locate inventory such as the amount of available aircraft seats, hotel rooms, and automobiles. Travel agencies typically rely on distribution systems to provide end-users with products, pricing, and services. The importance of global distribution networks has grown due to an increase in demand for travel agents as a means of obtaining desired reservations for business and leisure visitors around the world. Travel agencies are observed going into collaborations with prominent tech companies to provide a seamless end-user experience, as technology is critical for the development of global distribution networks.
|Unit||Value (USD Million)|
|Key Companies Profiled||Amadeus IT Group (Spain), Pegasus (United States), Sabre Corporation (United States), Sirena Travel CJSC (Russia), SiteMinder Distribution Limited (Australia), Travelport LTD (United Kingdom), TravelSky Technology Limited (China), TravelPerk (Spain), STAAH (New Zealand) and TraveloPro (India)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Increasing Demand for Distribution System Services in Travel Agents
- Rapid Growth in the Travel and Tourism Sector
- COVID-19 has effected on many Aspects such as Flight Cancellations, Travel Bans, and Quarantines, which directly affects Growth of the Distribution System Market
- Growing Number of Airlines Services
- Increasing Demand in APAC Region
- Airline Companies impose Additional Fees for Booking Tickets through GDS Rather than their own Website, which may pose a Challenge to Market Growth
The demand for distribution system is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Amadeus IT Group, Sabre Corporation, Sirena Travel CJSC and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders such as Amadeus IT Group, Sabre Corporation, Sirena Travel CJSC demonstrate a market-defining vision of how distribution system can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are Amadeus IT Group (Spain), Pegasus (United States), Sabre Corporation (United States), Sirena Travel CJSC (Russia), SiteMinder Distribution Limited (Australia), Travelport LTD (United Kingdom), TravelSky Technology Limited (China), TravelPerk (Spain), STAAH (New Zealand) and TraveloPro (India). Additionally, following companies can also be profiled that are part of our coverage like Infini Travel Information Inc. (Japan). Analyst at AMA Research see United States Players to retain maximum share of Global Distribution System market by 2027. Considering Market by Component, the sub-segment i.e. Services will boost the Distribution System market.
In July 2021 Amadeus IT Group had announced partnership with LOT Polish Airlines. The partnership encompasses a variety of cutting-edge technologies in the areas of passenger service systems (PSS), airline operations, revenue management, retail, passenger disruption management, and digital experience. Through the Amadeus Travel Platform, LOT will begin to publish new and customised content in real time. Additionally, using Amadeus Altea NDC-enabled technologies, this content will be fully integrated into the travel vendors' normal booking environment. It will include the important servicing features that travel agents require, such as the ability to cancel, void, refund, and modify NDC bookings. This will improve travel dealers' retailing capabilities and enable them to give a more tailored experience for customers, allowing the airline to expand its market share.
What Can be Explored with the Distribution System Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Distribution System Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Distribution System
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Distribution System market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Distribution System market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Government & Regulatory Bodies, Corporate Entities, End-use industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Distribution System Market?
The Distribution System market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Distribution System Market?
Top performing companies in the Global Distribution System market are Amadeus IT Group (Spain), Pegasus (United States), Sabre Corporation (United States), Sirena Travel CJSC (Russia), SiteMinder Distribution Limited (Australia), Travelport LTD (United Kingdom), TravelSky Technology Limited (China), TravelPerk (Spain), STAAH (New Zealand) and TraveloPro (India), to name a few.
3. What trending factors would impact Distribution System Market growth most?
"Growing Importance of Low Cost Carriers (LCCs)" is seen as one of major influencing trends for Distribution System Market during projected period 2021-2027.