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Commercial aviation CMS market to increase at a CAGR of 8.92%

Commercial aviation CMS market to increase at a CAGR of 8.92%


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2012-12-06 12:38:24 - Commercial aviation CMS market to increase at a CAGR of 8.92%

The commercial aviation crew management systems (CMS) market has been forecast to increase at a compound annual growth rate (CAGR) of 8.92% over the next five years, increasing from a valuation of $1.5 billion, to hit a market value of $2.3 billion by 2017.The entire IT sector in aviation is growing. From five years down the line airlines are planning to improvise themselves by deploying better resources for more productivity. There lies the potential of the CMS market which forms an inevitable part of IT sector in aviation. In airline industry manpower planning has a huge role. Managing ever changing human behaviour of customers is part and parcel of effective business management. Besides this, managing internal employee satisfaction and motivation

 

 

is the key to employee retention, sector optimisation and prompt service delivery. The ever growing air traffic volume and pursuit to ensure everlasting travel experience for customers has pushed airlines towards an effective utilisation of resources. Crew has always been an important part of travel services as they are the face of the carrier towards making a good travel experience.Human errors can make devastating effect that might reduce the airline profitability. Airlines use software as the way to avoid all these problems and achieve maximum productivity across fleet. The growth in the airline industry has created a huge demand in the software market for better manpower planning and handling. There are only small numbers of players in the aviation CMS market and the industry is highly segmented, having almost 50% of the share distributed among the small players who are region specific.Key players currently dominating the commercial aviation CMS market include Sabre Airline Solutions (USA), IBS Software Services (India), Blue One Software (Brussels), Jeppesen (USA), Lufthansa Systems (Germany) and Fujitsu (Japan).For more information on the commercial aviation CMS market, see the latest research: Commercial Aviation CMS MarketFollow us on Twitter @CandMResearch

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