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

December 2023 | 528 pages | ID: O1E680C5EDE9EN
Fatpos Global

Abstracts

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 t%li%grow from USD 670.1 billion in 2023 t%li%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 t%li%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 t%li%pay less than they would through a travel agent. Moreover, if the price difference is graphically shown t%li%travelers, they will rather choose the cheaper airfare.

MARKET HIGHLIGHTS

Online Travel Market is expected t%li%reach USD 2126.2 billion, growing at a CAGR of 13.7% during the forecast period owing t%li%the rise in consumer buying power, expanding use of credit cards and the internet, a government drive t%li%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 t%li%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 t%li%Boost the Market Growth

Increasing Number of Business Travelers is Expected t%li%Boost the Market Growth

Restraint

Growing Social and Political Disturbances Impacting Tourism &Travel t%li%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 t%li%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 t%li%witness the fastest growth as well as t%li%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 t%li%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 int%li%the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
• 3-month post-sales analyst support.

Contents

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