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Online Travel Market Research Report By Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
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www.marketresearchfuture.com2 Online Travel Market The global online travel market was valued at USD 570.25 billion in 2017, and by 2023, it could touch a valuation of USD 1,134.55 billion, reveals Market Research Future (MRFR). MRFR adds that the market is projected to attain a CAGR of 13.16% during the forecast period (2017-2023). Online Travel Market
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www.marketresearchfuture.com3 Online Travel Market Another major trend making its way into the Online Travel Market is the rising preference among travel companies to provide various other services including food and shopping experiences. With the increasing focus of primary suppliers like railway and airlines authorities on reaching out directly to customers, online travel companies are expected to expand in other areas to engage customers. Apart from this, growing use of apps, as well as online shopping portals by key suppliers of transportation options, could elevate the market position in the near future. Citing a reference, in April 2019, a renowned online travel agency in Southeast Asia named Traveloka started providing entry to spas, hotels, and movie theaters. This move was mirrored by numerous companies around the world, depicting the popularity of such aspects in the transportation sector.Online Travel Market “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on Internet of Online Travel Market Forecast To 2023”
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www.marketresearchfuture.com4 Online Travel Market Regional Analysis The online travel market is mainly concentrated in the regions of Europe, North America, Asia Pacific (APAC), Middle East and Africa (MEA) and South America. In 2017, North America was identified as the leading market for online travel with a share of 34%. The market value in the region was estimated at USD 192.46 billion the same year. Europe was the second-largest market for online travel in 2017 and could achieve a CAGR of 12.0% in the given timeframe. However, the online travel market in Asia Pacific is touted to record the highest CAGR of 15.9% from 2017 to 2023. Browse Report @ https://www.marketresearchfuture.com/reports/online-travel-market-5182
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www.marketresearchfuture.com5 Online Travel Market Application & Major Players in this Research: Online Travel Market Prominent Players : 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.) Request a Sample Report https://www.marketresearchfuture.com/sample_request/5182 https://www.marketresearchfuture.com/sample_request/5182
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www.marketresearchfuture.com6 Online Travel Market Online Travel Market Segmented on the basis of Segment: The worldwide online travel market has been split into platform type, mode of booking, and service type. The types of platforms are mobile/tablets-based and desktop-based platform. With respect to the mode of booking, the segments covered by the report are online travel agencies and direct travel facilitators. With context to the service type, the market includes accommodation, transportation, and vacation packages. The transportation segment consists of air travel, train travel, bus travel, and others. The accommodation segment can be divided into hotels and guest house/dormitory, while the vacation packages segment has been considered for in-country and outside country.
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www.marketresearchfuture.com7 ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers 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. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.
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www.marketresearchfuture.com8 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)
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