Travel technology is associate extension of information and communication technology dealing with tourism and hospitality sectors. This technology enables agencies to book flights, tours, transfers, and others. It was majorly related with the airline industry that mostly handled computer reservation systems. Currently, the mobile devices are the foremost preferred medium to use travel technologies. Increase in business travel expenditure, and usage of social media and big data analytics drives the market growth. However, synchronization issues by booking engines and on-line travel agencies (OTAs) restrain this growth. A shift towards SaaS-based and hosted solutions presents a major chance for market expansion.
Market Insights
The global Travel Technologies market is expected to be around US$ 8.60 Billion by 2027 at a CAGR of 9% in the given forecast period.
The global Travel Technologies market is segregated on the basis of Product as Airline and Hospitality It Solutions and Global Distribution System (GDS). Based on End-User Industry the global Travel Technologies market is segmented in Individual Users, SMES, Large Enterprises, Government, and Others.
The global Travel Technologies market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Travel Technologies market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Lemax, Amadeus, Navitaire, Sabre, Travelport, Crs Technologies, Mtrip, Otech Software, Tramada Systems, Pcvoyages 2000, and others are among the major players in the global Travel Technologies market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Travel Technologies Market has been segmented as below:
Travel Technologies Market, By Product
Travel Technologies Market, By End-User Industry
Travel Technologies Market, By Region
Travel Technologies Market, By Company
The report covers:
Report Scope:
The global Travel Technologies market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Travel Technologies market share. Major industry players with significant revenue share include Lemax, Amadeus, Navitaire, Sabre, Travelport, Crs Technologies, Mtrip, Otech Software, Tramada Systems, Pcvoyages 2000, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Travel Technologies Market, By Product
5.1 Introduction
5.2 Airline and Hospitality It Solutions
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Global Distribution System (GDS)
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Travel Technologies Market, By End-User Industry
6.1 Introduction
6.2 Individual Users
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 SMES
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Large Enterprises
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Government
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Others
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7. Travel Technologies Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Travel Technologies, By PRODUCT
7.2.2 North America Travel Technologies, By End-User Industry
7.3 Europe
7.3.1 Europe Travel Technologies, By PRODUCT
7.3.2 Europe Travel Technologies, By End-User Industry
7.4 Asia-Pacific
7.4.1 Asia-Pacific Travel Technologies, By PRODUCT
7.4.2 Asia-Pacific Travel Technologies, By End-User Industry
7.5 Rest of the World
7.5.1 Rest of the World Travel Technologies, By PRODUCT
7.5.2 Rest of the World Travel Technologies, By End-User Industry
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Lemax
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Amadeus
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Navitaire
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Sabre
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Travelport
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Crs Technologies
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Mtrip
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Otech Software
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Tramada Systems
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Pcvoyages 2000
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Travel Technologies Market has been segmented as below:
Travel Technologies Market, By Product
Travel Technologies Market, By End-User Industry
Travel Technologies Market, By Region
Travel Technologies Market, By Company
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