The report, now available on ASDReports, recognizes the following companies as the key players in the Global Ancillary Revenue Management Market: Amadeus, Navitaire, Sabre, Travelport, and SITA.
Other Prominent Vendors in the market are: Airline Software, Cartrawler, Concur Technologies (SAP), Lemax, Paxport, PROS, Radixx International, Revenue Analytics, Revenue Management Systems, Revenue Matters, and SAS.
Commenting on the report, an analyst said: “Airlines are investing in technologies to transform their businesses in the dynamic air travel market. Many airline companies are working to integrate their GDS systems with ancillary revenue management, as ancillary revenues have become an important revenue channel over the past few years.”
According to the report, many carriers have built a strong reputation among consumers for their on-board activities and entertainment services. This has positively affected their brand positioning and profitability of ancillary services and has become an inseparable part of airlines’ ongoing business needs. Therefore, the focus on integrating ancillary offerings with existing booking systems has sharpened.
Further, the report states that the generation of high volumes of data during various processes is a key concern for the travel industry. Long-term information management generates data that is difficult to manage, as it is fragmented across multiple units and functions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: Mar 14, 2016