Press Release / Technology / Global Online Travel Market Competitive analysis – Revenue, Market Share, Forecast 2025

Global Online Travel Market Competitive analysis – Revenue, Market Share, Forecast 2025

An online travel agency helps in boking flight tickets, holiday packages, hotel rooms, and train tickets sitting in a room using a phone or a computer. An Online travel agency website is fully dedicated to travel and aims to facilitate travel planning and booking for travellers.

Online Travel Market has been witnessing significant growth over the past few years due to secured online payment mechanism and increase in number of social media & governmental initiatives to spread tourism in various countries. Furthermore of rapid increase in mobile usage and innovative mobile travel apps are anticipated to offer significant growth opportunities in the coming years. However, varying socio-economic conditions in developing nations and rural areas is expected to restraint the market growth to a certain extent during the forecast period.

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The report provides forecast and analysis of the global online travel market. It provides market overview of global online travel market in terms of revenue (in USD Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the online travel market and their impact on each country during the forecast period.

The Key Players included in the Global Online Travel Market:
TripAdvisor LLC
Expedia, Inc.
AirGorilla, LLC
Priceline Group Inc.
Hostelworld Group
CheapOair.Com
Hotel UrbanTravel and Tourism Sa
Trivago GmbH
Ctrip.Com International, Ltd.
Thomas Cook Group Plc
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Regional Overview:

The online travel market based on the booking type, service, mode of payment, and end user is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for online travel in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE.

North America held the largest share of the global online travel market owing to technological advancements, increasing adoption of ecommerce market, and higher penetration of mobile apps in the US and Canada. However, Asia-Pacific is anticipated to grow at the fastest rate during the forecast period owing to factors such as rise in middle-class segment, growing number of internet users, rising number of initiatives by governments of various countries to develop tourism, and increasing disposable income.

Global Online Travel Market -By End User

Online Travel Agencies
Customers
Others
Global Online Travel Market-By Booking Platform

Mobile & Tablet
Desktop
Global Online Travel Market-By Service

Transportation Bookings
Flight
Bus
Train
Other
Accommodation
Vacation Packages
Others
Global Online Travel Market-By Mode of Payment

Credit Card
Debit Card
Internet Banking
Others
Key Features of the Study:

This report provides in-depth analysis of the Global Online Travel Market and provides market size in USD Mn and cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2018-2025), 2017 being the base year.
 The report provides insights about factors affecting the market growth.
It provides historical and forecasts revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
It highlights the revenue mixes across different segments and points out the investment opportunities for this market.
 It profiles leading players in the Global Online Travel Market based on the parameters like Company Overview, Financial Performances, Product Portfolio, Geographical Presence, Future Plans, Key Developments, Strategic Alliances, Mergers and Acquisitions.
Table of Contents

The market report includes the following sections:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Global Online Travel Market by Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

Chapter 4 Global Online Travel Market by End User

4.1 Online Travel Agencies

4.2 Customers

4.3 Others

Chapter 5 Global Online Travel Market by Booking Platform

5.1 Mobile & Tablet

5.2 Desktop


TOC Continued….!

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