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Global Travel Technology Market - Opportunity, Trends and Forecast 2015-2019

  • Executive Summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global travel distribution chain
    • Market size and forecast
      • Table Global travel technology market 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by products
    • Global travel technology market by product
      • Table Global travel technology market by product 2014
      • Table Global travel technology market by product 2014-2019
    • Global GDS market
      • Table Global GDS market 2014-2019 ($ billions)
    • Global airlines and hospitality IT solutions market
      • Table Global airline and hospitality IT solutions market 2014-2019 ($ billions)
  • Geographical segmentation
    • Global travel technology market by geography
      • Table Global travel technology market by geography 2014
    • Americas
      • Table Travel technology market in America 2014-2019 ($ billions)
    • EMEA
      • Table Travel technology market in EMEA 2014-2019 ($ billions)
    • APAC
      • Table Travel technology market in APAC 2014-2019 ($ billions)
      • Table Early challenges faced by OTAs in APAC
  • Market drivers
  • Impact of drivers
  • Market Challenges
  • Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
    • Market share analysis
      • Table Global travel technology market by vendors 2014
    • Vendor revenue segmentation by geography 2014
      • Table Vendor revenue market share in EMEA
      • Table Vendor revenue market share in Americas
      • Table Vendor revenue market share in APAC
  • Key vendor analysis
    • Amadeus
      • Table Amadeus: Revenue segmentation by business 2014
      • Table Amadeus: Revenue comparison by business segment 2013 and 2014 ($ millions)
      • Table Amadeus: Geographical segmentation by revenue 2014
    • Navitaire
    • Sabre
      • Table Sabre: Business segmentation by revenue 2014
      • Table Sabre: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Sabre: Geographical segmentation by revenue 2014
    • Travelport
      • Table Travelport: Business segmentation by revenue 2013 and 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

About travel technology

Technology is seeping in the travel industry; globally, online travel sales has increased to more than $600 billion in 2014, which constitutes nearly one-third of the total travel sales. One of the fourth most such applications is flight tracking. Earlier, travel technology was related with computer reservation systems (CRS) of the airlines industry, but now it broadly includes the tourism sector along with its subset the hospitality industry. Mobile devices are becoming the most preferred medium for using travel technology. Along with this, the usage of big data analytics and social media is becoming the latest trend in adopting the travel technology.

Technavio's analysts forecast the global travel technology market to grow at a CAGR of 7.9% over the period 2014-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the global travel technology market for the period 2015-2019. This reports includes revenue generated from third-party service providers. This report does not include in-house IT spending by airlines, hotels, and other travel agencies. This report also presents the vendor landscape and corresponding detailed information and analysis of the top four vendors in the global travel technology market. The market is divided into the following segments based on products:

  • GDS
  • Airline and hospitality IT solutions
Technavio's report, Global Travel Technology Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA. It also covers the landscape of the global travel technology market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
  • Americas
  • APAC
  • EMEA
Key vendors
  • Amadeus
  • Navitaire
  • Sabre
  • Travelport
Other prominent vendors
  • CRS Technologies
  • Dolphin Dynamics
  • eCare Technology Labs
  • Expert Travel Services
  • Fourth Dimension Software
  • Lemax
  • mTrip
  • PcVoyages 2000
  • Qtech Software
  • Technoheaven Consultancy
  • Toursys Solutions
  • Tramada Systems
  • TravelCarma
  • Trip Solutions
  • Web Booking Expert
Key market driver
  • Rise in business travel spending
  • For a full, detailed list, view our report
Key market challenge
  • Synchronization issues with booking engines and OTAs
  • For a full, detailed list, view our report
Key market trend
  • Shift to SaaS-based and hosted solutions
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Travel Technology Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Travel Technology Market: Amadeus, Sabre, TravelPort and Navitaire

Other Prominent Vendors in the market are: CRS, Dolphin Dynamics, eCare, Expert Travel, Fourth Dimension, Lemax, mTrip, PcVoyages 2000, Qtech, Technoheaven, Toursys, Tramada, TravelCarma, Trip Solutions, and Web Booking Expert.

Commenting on the report, an analyst from Technavio’s team said: “Many travel suppliers are focusing on developing in-house applications and software for their business processes, as constantly changing business models require flexible and scalable technology. Increased cost efficiency and reduced IT budgets have compelled many travel suppliers to outsource services to third-party solution providers for key technologies. As a result, they have started using monthly fee subscriptions associated with software as a service (SaaS) and hosted solutions.”

According to the report, Organizations spend significant amounts of money on business travel. The cost involved in these business trips includes not only travel expenses but also other costs associated with planning and arranging business meetings, accommodation, food and beverages, transportation, and recreation and entertainment.

Further, the report states that building the right multi-channel strategy is a concern for many travel agencies. Most travel technologies have similar functions. As a result, many travel agencies are unable to adopt the correct channel to target their customers.

Companies Mentioned

Amadeus, Sabre, TravelPort, Navitaire, CRS, Dolphin Dynamics, eCare, Expert Travel, Fourth Dimension, Lemax, mTrip, PcVoyages 2000, Qtech, Technoheaven, Toursys, Tramada, TravelCarma, Trip Solutions, Web Booking Expert.

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