New Distribution Capability Market anticipated to grow 1.5x by the end forecast period with a CAGR of over 6% during the forecast period (2022 to 2030).
The International Air Transportation Association (IATA) created the New Distribution Capability XML standard to allow airline service providers to deliver rich content and ancillaries to their customers. Rich content is one of the ways airlines can market themselves and differentiate their brands. While NDC allows for better control of pricing strategies such as dynamic pricing, it also allows better customer data control.
Customer information access and a personalized shopping experience Currently, middlemen, OTAs, and GDSs hold most of a customer's personal information. This means that airlines only receive basic information about their customers, which prevents personalization of the shopping experience, which has become the norm in modern travel eCommerce. The goal of the NDC standard is to give airlines direct customer information.
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Global New Distribution Capability Market Segmentation:
Global New Distribution Capability Market, by Type
- Level 1
- Level 2
- Level 3
Global New Distribution Capability Market, by Application
- Business Travelers
Based on the region, the Global New Distribution Capability printing market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2020, Asia Pacific held the largest share in the global New Distribution Capability.
Global New Distribution Capability Market, by region
- North America (US, Canada, Mexico)
- South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia New Zealand, Rest of Asia Pacific)
- The Middle East Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)
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Major market players covered in the Global New Distribution Capability Market:
- Amadeus IT Group, S.A.
- Air France
- Air Canada
(Note: Major players list will be updated with the latest market scenario and trends)
- Established companies
- Emerging players who are growing rapidly
- New launches
- New Entrants and Prominent Startups
- Competitive Product Benchmarking
- Product Development Matrix
Regional Research Reports Key Takeaways:
- Growth prospects
- SWOT analysis
- Key trends
- Key data-points affecting market growth
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