1. Market Research
  2. > Tourism and Leisure
  3. > Tourism
  4. > Travel Services Market Trends
  5. > Global Travel Technology Market - Opportunity, Trends and Forecast 2015-2019

Global Travel Technology Market - Opportunity, Trends and Forecast 2015-2019

  • September 2015
  • -
  • Infiniti Research Limited
  • -
  • 54 pages

Summary

Table of Contents

Search Inside

About travel technology
Technology is seeping in the travel industry; globally, online travel sales has increased to more than $600 billion in 2014, which constitutes nearly one-third of the total travel sales. One of the fourth most such applications is flight tracking. Earlier, travel technology was related with computer reservation systems (CRS) of the airlines industry, but now it broadly includes the tourism sector along with its subset the hospitality industry. Mobile devices are becoming the most preferred medium for using travel technology. Along with this, the usage of big data analytics and social media is becoming the latest trend in adopting the travel technology.

Technavio's analysts forecast the global travel technology market to grow at a CAGR of 7.9% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the global travel technology market for the period 2015-2019. This reports includes revenue generated from third-party service providers. This report does not include in-house IT spending by airlines, hotels, and other travel agencies.

This report also presents the vendor landscape and corresponding detailed information and analysis of the top four vendors in the global travel technology market. The market is divided into the following segments based on products:
- GDS
- Airline and hospitality IT solutions

Technavio's report, Global Travel Technology Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA. It also covers the landscape of the global travel technology market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
- Americas
- APAC
- EMEA

Key vendors
- Amadeus
- Navitaire
- Sabre
- Travelport

Other prominent vendors
- CRS Technologies
- Dolphin Dynamics
- eCare Technology Labs
- Expert Travel Services
- Fourth Dimension Software
- Lemax
- mTrip
- PcVoyages 2000
- Qtech Software
- Technoheaven Consultancy
- Toursys Solutions
- Tramada Systems
- TravelCarma
- Trip Solutions
- Web Booking Expert

Key market driver
- Rise in business travel spending
- For a full, detailed list, view our report

Key market challenger
- Synchronization issues with booking engines and OTAs
- For a full, detailed list, view our report

Key market trend
- Shift to SaaS-based and hosted solutions
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Airport Retail Survey and Luxury Trends 2016-2017

Airport Retail Survey and Luxury Trends 2016-2017

  • $ 4 950
  • Industry report
  • March 2016
  • by Verdict Retail

Summary The US is the most preferred destination for travel during 2016-2017 for both business and leisure purposes. Most of the travellers spend 15minutes or less per visit to a duty-free airport retail ...

Opportunity in Travel and Tourism Industry in India - 2016; Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast

Opportunity in Travel and Tourism Industry in India - 2016; Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast

  • $ 4 000
  • Industry report
  • April 2016
  • by Feedback Business Consulting

This report provides an insight into the Opportunity in Travel and Tourism Industry current scenario, structure and practices in India. In depth market scenario includes; - Current market size estimates ...

Europe Travel and Business Bags Industry 2016 Market Research Report

Europe Travel and Business Bags Industry 2016 Market Research Report

  • $ 3 600
  • Industry report
  • April 2016
  • by QY Research Group

The Europe Travel and Business Bags Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Travel and Business Bags industry. The report provides a basic ...

Travel Agencies World Report

June 2016 $ 3 047

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.