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India Travel Services Market 2022-2026

Publisher TechNavio
Published May 16, 2022
Length 120 Pages
SKU # INF17198915

Description

Travel Services Market in India 2022-2026

Technavio has been monitoring the travel services market in India and it is poised to grow by $ 11.78 bn during 2022-2026, accelerating at a CAGR of 11.38% during the forecast period. Our report on the travel services market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current country market scenario, latest trends and drivers, and the overall market environment. The market is driven by increase in the number of M&A, partnerships, and strategic alliances, increasing international tourist footfall, and increasing adoption of online payment platforms.

The travel services market in India analysis includes service and booking segments.

Technavio's travel services market in India is segmented as below:
  • Booking
  • Online
  • Offline
By Service
  • Domestic flight services
  • Hotel accommodation services
  • Rail ticket services
  • Cab services
  • Others
This study identifies the introduction of low-cost airlines as one of the prime reasons driving the travel services market growth in India during the next few years. Also, increased contribution of travel and tourism to GDP and employment and technological advances in mobile-based and website-based travel service platforms will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on travel services market in India covers the following areas:
  • Travel services market sizing
  • Travel services market forecast
  • Travel services market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading travel services market vendors in India that include Airbnb Inc., ANI Technologies Private Ltd., Cox and Kings Ltd., Expedia Group Inc., Fairfax Financial Holdings Ltd., Indian Railway Catering and Tourism Corp. Ltd., Kesari Tours Pvt. Ltd., Mahindra Holidays and Resorts India Ltd., MakeMyTrip Ltd., Meru Mobility Tech Private Ltd., One97 Communications Ltd., Oravel Stays Ltd., Radiant Info Systems Ltd., Treebo Hotels, TripAdvisor LLC, Uber Technologies Inc., Walmart Inc., Yatra Online Inc., and ITC Ltd. Also, the travel services market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

120 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Mode of Booking
    • Online - Market size and forecast 2021-2026
    • Offline - Market size and forecast 2021-2026
    • Market opportunity by Mode of Booking
    • Market segments
    • Comparison by Service
    • Domestic flight services - Market size and forecast 2021-2026
    • Hotel accommodation services - Market size and forecast 2021-2026
    • Rail ticket services - Market size and forecast 2021-2026
    • Cab services - Market size and forecast 2021-2026
    • Others - Market size and forecast 2021-2026
    • Market opportunity by Service
    • Customer landscape overview
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • Airbnb Inc.
    • Cox and Kings Ltd.
    • Fairfax Financial Holdings Ltd.
    • Indian Railway Catering and Tourism Corp. Ltd.
    • ITC Ltd.
    • MakeMyTrip Ltd.
    • Oravel Stays Ltd.
    • TripAdvisor LLC
    • Walmart Inc.
    • Yatra Online Inc.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations
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