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

Travel Technology Sector: Worldwide Projection until 2019

  • September 2015
  • 54 pages
  • ID: 3302922
In this report:
Travel commerce platform: The net sales increased by ##% from $##,## million in 2013 to $##,## million in 2014 owing to increase in revenue of beyond air travel providers.
Online customers who are redirected from social networks are more likely to purchase the offered products Social media spending is expected to grow by nearly ##% in the next three years Social media plugins facilitate services such as information, promotion, and social check-ins

Summary

Table of Contents

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About travel technology

Technology is seeping in the travel industry; globally, online travel sales has increased to more than $600.0B in 2014, which constitutes nearly one-third of the global travel sales. One of the fourth most such applications is flight tracking. Earlier, travel technology was related with computer reservation systems of the airlines industry, but now it mostly includes the tourism market together 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 recent trend in adopting the travel technology.

The experts estimate the worldwide travel technology market to increase at a compound annual Growth rate of 7.90 percent over the time frame 2014-2019.

What is the scope of this report?

This analysis contains the current situation and the growth perspectives of the overall travel technology industry for the period 2015-2019. This reports includes revenue generated from third-party service providers. This market report does not include in-house IT spending by airlines, hotels, and other travel agencies.

This business report also contains the vendor landscape and corresponding exhaustive information and analysis of the best four merchants in the overall travel technology sector. The market is split into the following categories based on products:

- GDS

- Airline and hospitality IT solutions

The market study, World-wide Travel Technology Sector 2015-2019, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The analysis includes the whole Americas, Asia-Pac, and Europe, Middle East and Africa (EMEA). It also encloses the landscape of the overall travel technology sector and its growth expectations in the upcoming years. This study also comprises a conversation established with top vendors operating in this segment.

Key areas

- Americas

- Asia-Pac

- Europe, Middle East and Africa (EMEA)

Main vendors

Other main sellers

Main market driver

- Increase in business travel spending

- For a full, in-depth list, view our market report

Main market opportunity

- Synchronization issues with booking engines and OTAs

- For a full, exhaustive list, view our market report

Key market trend

- Shift to SaaS-based and hosted solutions

- For a full, in-depth list, view our market report

What are the main questions answered?

- What will both market value and growth rate be in 2019?

- What are the key market forecasts?

- What is driving this sector?

- What are the conditions to market growth?

- Who are the main sellers in this market environment?

- What are the opportunities in this industry and segment risks faced by the main vendors?

- What are the forces and weaknesses of the main vendors?

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