Passenger Service System Market 2020

  Market Highlights The rise in the number of aircrafts operating in the travel sector has augmented the demand for passenger service systems consequently. Market focused reports associated to the Information and Communications Technology industry among others recently have been made accessible by Market Research Future which issues reports on this industry. The passenger service system market globally is estimated to achieve revenues worth USD 10 billion by the year 2023 while growing at a CAGR of 11% approximately in the forecast period. A significant rise in the number of air travelers has raised the need for agile and diverse passenger service systems by airlines around the world. The demand for more amenities by travelers when they decides to travel has improved the technologies that are powering the passenger service systems in the market. The intensifying adoption rate of cloud technologies is fueling the expansion of the passenger service system markets. The demand for addi