The Crew Management Systems Market is expected to grow at CAGR of 12.2% during 2021-2026, according to a report from Stratview Research.
COVID-19 pandemic – Boon or a Curse to the industry?
The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.
Key insights on Crew Management Systems Market
Crew Management Systems Market is likely to witness an impressive CAGR of 12.2% during the forecast period. Stringent regulations pertinent to working hours of crew members onboard, safety of crew members and passengers are the prime factors bolstering the growth of the global crew management systems market.
In terms of regions, the crew management systems market in the Asia-Pacific region is estimated to register the highest growth during the forecast period. China and India are the growth engines of the region. The market is sustained by the upsurge in air passenger traffic which has resulted to an increased demand for new aircraft in the region; further, this growth driver is expected to bolster the market during the forecast period. All these factors when wrapped up, are anticipated to create a favorable impact on the region’s aviation industry, which in turn, will further boost the Asia-Pacific’s crew management systems market in the coming five years. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Market Scope & Segmentation
Crew Management Systems Market Share: By System Type
Based on the system type, the market is segmented as on-cloud and server-based. The on-cloud segment is estimated to dominate the market during the forecast period. The cloud computing technology is gaining a growing impact on daily life and the aviation industry remains no different. A rising number of airlines are adapting to cloud technology to attain ease of operations and excellence in client servicing.
Crew Management Systems Market Share: By Device Type
Based on the device type, the market is segmented as smartphones, personal computers (PCS), and tablets. The tablet segment is expected to witness the highest growth in the coming five years. This growth can be attributed to the introduction of the usage of tablets for cabin crew to alleviate complicated and onerous paper-based/manual operations while performing their routine functions, such as meal distribution and effective passenger management.
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Which key questions will this report answer?
This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2021-2026. It also offers insights into different market segments and other factors affecting the market.
Some of the key questions answered by the report are:
- What is the impact of COVID-19 on the market forecast?
- What are the trends, drivers, and challenges?
- How competitive is the market? Who are the market leaders?
- What are the key strategies adopted by the market players?
- Which segments offer the greatest opportunities?
- Which are the most attractive regions?
- What are the key success factors for the market players?
- How does the business environment impact the market?
- Which strategic alliances have taken place recently and their significance?
Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.
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