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Online Travel Market Size, Share, and Analysis, By Service Type (Transportation, Travel Accommodation, Vacation Packages), By Platform (Mobile, Desktop), By Mode of Booking (Online Travel Agencies [OTAs], Direct Travel Facilitators) and Regional Forecasts

Publisher Fatpos Global
Published Dec 01, 2023
Length 528 Pages
SKU # FAGL18474342

Description

Online Travel Market Size, Share, and Analysis, By Service Type (Transportation, Travel Accommodation, Vacation Packages), By Platform (Mobile, Desktop), By Mode of Booking (Online Travel Agencies [OTAs], Direct Travel Facilitators) and Regional Forecasts, 2022-2032


PRODUCT OVERVIEW

Online Travel Market size was USD 520.57 billion in 2021 and projected to grow from USD 670.1 billion in 2023 to USD 2126.2 billion by 2032, exhibiting a CAGR of 13.7% during the forecast period.

Online travel is an internet-based marketplace that enables customers to browse and reserve travel-related goods and services, including lodging, transportation (flights, cars, cruises, and tours), activities, and more, directly with travel vendors. Online reservations allow clients and travelers to pay less than they would through a travel agent. Moreover, if the price difference is graphically shown to travelers, they will rather choose the cheaper airfare.

MARKET HIGHLIGHTS

Online Travel Market is expected to reach USD 2126.2 billion, growing at a CAGR of 13.7% during the forecast period owing to the rise in consumer buying power, expanding use of credit cards and the internet, a government drive to promote tourism, and the growth of new online travel websites. Furthermore, technological improvements and use of smartphones rises, simple and effective online booking tactics have made travel easy and economical. These factors are expected to boost the Online Travel Market over the estimated period.

Online Travel Market Segments:
  • Service Type
  • Transportation
  • Travel Accommodation
  • Vacation Packages
  • Platform
  • Mobile
  • Desktop
  • Mode of Booking
  • Online Travel Agencies (OTAs)
  • Direct Travel Facilitators
MARKET DYNAMICS

Growth Drivers

Growing Consumer Awareness and Rising IT & Internet Penetration Worldwide is Expected to Boost the Market Growth

Increasing Number of Business Travelers is Expected to Boost the Market Growth

Restraint

Growing Social and Political Disturbances Impacting Tourism &Travel to Restrain the Market Growth

Key Players
  • Alibaba Group Holding Limited
  • Trip.com Group
  • Booking Holdings Inc.
  • Ryanair DAC
  • Expedia Group Inc.
  • MakeMyTrip Ltd.
  • Tripadvisor Inc.
  • Thomas Cook India Ltd.
  • Fareportal Inc.
  • eDreams ODIGEO
  • HRS
  • Ebury Partners UK Ltd
  • Hostelworld.com Limited
  • FlixMobility GmbH
  • SABS Travel Technologies
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*

Table of Contents

528 Pages
1. Executive Summary
1.1.Regional Market Share
1.2. Business Trends
1.3. Online Travel Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2.Online Travel Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Online Travel Market – Industry Insights
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7.Market Dynamics
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. Market Analysis
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. Online Travel Market
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. Online Travel Market Size & Forecast 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Service Type
10.3.1.1.Transportation
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Travel Accommodation
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Vacation Packages
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.By Platform
10.3.2.1. Mobile
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Desktop
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.By Mode of Booking
10.3.3.1. Online Travel Agencies (OTAs)
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Direct Travel Facilitators
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.North America Online Travel Market Size & Forecast 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Service Type
11.3.2. By Platform
11.3.3. By Mode of Booking
11.4.Country
11.4.1. United States
11.4.2.Canada
12. Europe Online Travel Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Service Type
12.3.2.By Platform
12.3.3.By Mode of Booking
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. Asia Online Travel Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Service Type
13.3.2.By Platform
13.3.3.By Mode of Booking
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. Middle East and Africa Online Travel Market Size & Forecast 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Service Type
14.3.2.By Platform
14.3.3.By Mode of Booking
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. Latin America Online Travel Market Size & Forecast 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Service Type
15.3.2.By Platform
15.3.3.By Mode of Booking
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. Competitive Landscape
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. Company Profiles
17.1.Alibaba Group Holding Limited
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Trip.com Group
17.3. Booking Holdings Inc.
17.4. Ryanair DAC
17.5. Expedia Group Inc.
17.6. MakeMyTrip Ltd.
17.7. Tripadvisor Inc.
17.8. Thomas Cook India Ltd.
17.9. Fareportal Inc.
17.10. eDreams ODIGEO
17.11.HRS
17.12. Ebury Partners UK Ltd
17.13. Hostelworld.com Limited
17.14. FlixMobility GmbH
17.15. SABS Travel Technologies
17.16. Other Prominent Players
18. Appendix
19. Consultant Recommendation

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