Online Travel Booking Platform Market: Segmentation by Type (Package and Direct), Booking Platform (Mobile/Tablet and Desktop/Laptop) and Geography (APAC, North America, Europe, South America and MEA), forecast until 2026
NEW YORK, July 21, 2022 /PRNewswire/ — The Online travel booking platform market is segmented into two categories based on the type (packages and direct), booking platform (mobile/tablet and desktop/laptop) and geography (APAC, North America, Europe, South Americaand MEA). Market share is expected to grow by $943.60 billion from 2021 to 2026, and the growth momentum of the market accelerate at CAGR of 14.64%
Parent Market Analysis
Technavio categorizes the world Online travel booking platform market within the global Internet retail market and direct marketing within the global consumer discretionary market. The external factors influencing the growth potential of the parent market in the coming years have been thoroughly studied in our research analysis, to know more about the growth levels of the Online Travel Booking Platform market throughout of the forecast period.
Online travel booking platform market Value chain analysis
End-to-end understanding of value chains is essential in optimizing profit margin and evaluating business strategies. The data available in our value chain analytics segment can help vendors reduce costs and improve customer services over the forecast period.
The Online Travel Booking Platform Market value chain consists of the following basic components:
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Submissions
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Inbound Logistics
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Operations
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External logistics
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Marketing and Sales
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Service
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Support activities
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Innovation
To unlock information on supplier travel costs and customer service, Request a sample
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Supplier Information
The market for online travel booking platforms is fragmented, and vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the most of the opportunity, sellers in the market should focus more on the growth prospects of the fast-growing segment while maintaining their positions in the slow-growing segments.
We provide a detailed analysis of the vendors operating in the Online Travel Booking Platform Market including some of the vendors such as Airbnb Inc., Booking Holdings Inc., eDreams ODIGEO, Expedia Group Inc., Hostelworld.com Ltd., MakeMyTrip Ltd., Thomas Cook India Ltd., Trip.com Group Ltd., TripAdvisor LLC and TUI SA.
Product information and news
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Airbnb Inc.- The company offers various online travel reservations such as rental houses, restaurants and experiences.
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Booking Holdings Inc.- The Company offers online travel and related services through its various subsidiaries such as pricline.com, booking.com, KAYAK, Agoda, Rentalcars.com and OpenTable.
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eDreams ODIGEO- The company offers tailor-made and personalized travel plans under its brands such as eDreams, Opodo, GO Voyages, Travellink and Liligo.
The Online Travel Booking Platform Market forecast report offers in-depth information about
profiles and offers of key suppliers – Click here for a sample report
Key market dynamics
One of the major factors fueling the growth of the global market is the increasing use of smartphones and internet due to rapid technical advancements. The growing use of internet on mobile devices which has accelerated the expansion of the global industry is mainly due to the accessibility of cheap smartphones and free internet services. During the projection period, factors such as the focus of smartphone manufacturers on growing their business in developing or underdeveloped countries will further fuel the expansion of the market.
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Online Travel Booking Platform Market Scope |
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Report cover |
Details |
Page number |
120 |
base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum and CAGR |
Accelerate to a CAGR of 14.64% |
Market Growth 2022-2026 |
$943.60 billion |
Market structure |
Fragmented |
Annual growth (%) |
1:45 p.m. |
Regional analysis |
APAC, North America, Europe, South America and MEA |
Successful market contribution |
APAC at 36% |
Main consumer countries |
USA, China, UK, India, Germany, France and Japan |
Competitive landscape |
Leading Companies, Competitive Strategies, Consumer Engagement Reach |
Profiled Key Companies |
Airbnb Inc., Booking Holdings Inc., eDreams ODIGEO, Expedia Group Inc., Hostelworld.com Ltd., MakeMyTrip Ltd., Thomas Cook India Ltd., Trip.com Group Ltd., TripAdvisor LLC and TUI AG |
Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVI-19 Impact and Recovery Analysis and Future Consumer Dynamics, State of the Market Analysis market for the forecast period |
Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
Contents
Summary
Market landscape
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Market ecosystem
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Value chain analysis
Market sizing
Five forces analysis
Market segmentation by type
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Market segments
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Comparison by type
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Packages – Market size and forecast 2021-2026
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Direct – Market size and forecast 2021-2026
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Market Opportunity by Type
Market segmentation by booking platform
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Market segments
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Comparison by booking platform
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Mobile/tablet – Market size and forecast 2021-2026
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Desktop/Laptop Computer – Market size and forecast 2021-2026
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Market opportunity by booking platform
Customer landscape
Geographic landscape
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Geographic segmentation
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Geographic comparison
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APAC – Market size and forecast 2021-2026
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North America – Market size and forecast 2021-2026
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Europe – Market size and forecast 2021-2026
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South America – Market size and forecast 2021-2026
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MEA – Market size and forecast 2021-2026
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Main leading countries
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Market Opportunity by Geography
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Market factors
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Market challenges
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Market trends
Supplier Landscape
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Insight
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Landscape disturbance
Vendor analysis
Annex
About Us:
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.
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