Global Online Travel Market Outlook By Platform Type, Mode of Booking, Service Type, Region Analysis, Investment Scope and Forecast till 2023

12/set/2019 15:39:51 Report Ocean Contatta l'autore

Online Travel Market Report: By Platform Type (Mobile/Tablets Based, Desktop Based) Mode of Booking (Online Travel Agencies, Direct Travel Facilitators) Service Type (Transportation, Accommodation, Vacation Packages), Region - Global Forecast till 2023

The global online travel market is expected to grow at USD 1,134.55 billion by 2023 with a CAGR of 13.16% during the forecast period. The online travel industry has experienced a few changes in the course of the most recent decade, attributable to innovation propels. Utilization of innovation in the movement business has made some amazing progress since the global distribution system (GDS) because of the utilization of portable applications and the rising entrance of the Internet. This has helped in changing the procedure of travel booking, making it simple and quick. With this, the procedure for travel booking has encountered a huge move from physical to web appointments, and now versatile stages. Internet-based life stages have risen as a noteworthy influencer and a powerful advertising stage for online visit organizations. Along these lines, web-based life stages help online travel organizations to advertise their administrations and carry straightforwardness and simplicity to the whole procedure.

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Major players
MakeMyTrip (India) Pvt. Ltd (India), Alibaba Group Holding Limited (China), Airbnb Inc. (US) and eDreams ODIGEO SA (Luxembourg), Expedia Inc. (US), Booking Holdings Inc. (US), TripAdvisor Inc. (US), Ctrip.com International Ltd (China), Ryanair DAC (Ireland), Thomas Cook Group PLC (UK), among others are some of the major players in the global online travel industry.

Market segmentation
The online travel industry is segmented on the basis of its booking mode, platform type, service type, and regional demand. Based on its platform type, the market is divided into the desktop-based platform and mobile/tablets based. On the basis of its mode of booking, the market is bifurcated into direct travel facilitators and online travel agencies. Based on its service type, the market is divided into accommodation, transportation, and vacation packages, and regional demand.

Regional analysis
Geographically, the global online travel industry is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

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Table of Contents:
1 Executive Summary
1.1 Market Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Market Structure
3 Research Methodology
3.1 Research Process
3.2 List of Assumptions
3.3 Forecast Model
4 Market Dynamics
4.1 Drivers
4.1.1 Rising Internet Penetration
4.1.2 Use of Social Media Platforms for Travel Bookings
4.2 Restraints
4.2.1 Lack of Interlinking Between Government Bodies and Private Enterprises to Share Data
4.3 Opportunities
4.3.1 Introduction of Big Data Analytics
4.4 Market Trends
4.4.1 Integration of Automation and AR/VR Technologies in the Travel Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Upstream Suppliers
5.1.2 Midstream Online Agencies
5.1.3 Online Marketing Platform
5.1.4 End-Users
5.2 Porter's Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Threat of Substitutes
5.2.4 Bargaining Power of Buyers
5.2.5 Intensity of Rivalry
5.3 Evolution of Online Travel Market

Continued.........

Why to purchase this report

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  3. Key strategic initiatives taken by major players operating in the market along with ranking analysis for the key players
  4. Analysis based on historical information along with the current trends to estimate the future of the market
  5. Analysis of the impact of constantly changing global market scenarios

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