(MENAFN Editorial) Global Online Travel Market Research Report: by Platform (Mobile, Desktop), Mode of Booking (Online Travel Agencies, Direct Travel Suppliers), Service Type (Transportation, Accommodation, Vacation Packages) – Forecast to 2023 Market Highlights: The online travel industry is basically made up of e-commerce websites trying to provide a hassle-free booking and buying experience to the customers. Increasing internet penetration and rising adoption of social media are among the primary factors influencing the growth of the online travel market. Most of the online travel market is being driven by the flight and hotel bookings. Additionally, the online travel market is highly affected by the reviews on the websites. These reviews help the consumers to decide on which websites should they buy from.
Expedia, Inc. (U.S.) The Priceline Group (U.S.) TripAdvisor Inc. (U.S.) Ctrip (China) Hostelworld Group (Republic of Ireland) Hotel Urbano (Brazil) CheapOair (U.S.) Trivago (Germany) Thomas Cook Group plc (U.k) MakeMytrip Inc. (India) Alibaba Group Holding Limited (China) eLong (China) TUI Group (Germany) Tuniu (China) AirGorilla, LLC (U.S.) Hays Travel limited (U.k) Airbnb (U.S.) Yatra.com (India) Online Travel Market Segmentation:
The North American market is witnessing a rapid growth due to technological advancements and increasing demand for CRM solutions across different industry verticals in this region. The U.S. holds the majority of market share both in terms of revenue as well as the growing adoption of smartphones.
The globalonline travelmarketis studied in Asia Pacific, North America, Europe, and Rest of the World.It has been observed that North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period.
Technology Investors Research/Consultancy firms Technology Solution Providers Government Bodies Regulatory agencies Consumers Corporate sector Table of Contents
At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.