GMI Research

Online Travel Mark et Online Travel Market size was valued at USD 540.2 billion in 2021 and is forecast to reach USD 1,263.0 billion in 2029, growing at a strong CAGR of 11.2% The factors driving the growth of Online Travel Market includes expansion of Tourism industry around the world, rising penetration of internet, increasing use of social media applications for travel booking and surge in online payments. According to the report published by Statista, the Travel & Tourism Industry in India is expected to reach USD 14.92 billion by the end of 2022 and the market volume is estimated to reach USD 29.01 billion by 2026, growing at a CAGR of 18.08% over the forecast period (2022-2026), which will boost the Online Travel Market size in the approaching years. Moreover, attractive services offered by online travel agencies such as transport facilities, easy cancellation, and heavy discounts on booking room at hotel and entrance of new players in the market, ar...

  Global Online Travel Market by Services Type and by region   The GMI Research foresees an aggravation in the demand of the Online Travel Market over the forecast period. This is because of the rising disbursement on travel, the increasing preference of millennials to explore new places, and the growing usage of smartphones. Request for a FREE Sample Report on Online Travel Market Introduction of the Online Travel Market Online travel refers to the travel booked online via a website having the specialty in making the arrangements for travel such as car rentals, flight tickets, and packages. The agencies assisting in the booking are online agencies or any direct suppliers. The agencies allow customers to involve while they are booking, planning, or their travels.   Key Players of Market: Expedia Group Booking Holdings Inc. com Group Limited Hurb TripAdvisor LLC Hostelworld Group Thomas Cook Group plc MakeMyTrip Pvt. Ltd. Trivago Online Travel Mark...

The Online Travel Market is experiencing significant growth over the forecast period. This is attributed to the increasing implementation of technological advancements in the online travel industry, the propelling penetration of internet usage and smartphone users, and changing lifestyle of the customers shifting towards more enhanced services and comfort. Request Sample Report of Online Travel Market: Several factors stimulating the growth of the global online travel market include the growing tourism industry and accelerating penetration of the internet along with the increasing number of smartphone users. Moreover, the augmenting execution of technological developments in the industry and the rising usage of mobile applications have resulted in easier and flexible travel booking, thereby strengthening the online travel market size. Also, expanding per capita income, altering human lifestyle, economic expansion, rapid urbanization, and an inclination towards better services and ...

 GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study. List of Significant Manufacturers in the Online Travel Market include: ·          Booking Holdings Inc. ·          Expedia Group ·          Trip.com Group Limited ·          TripAdvisor LLC ·          Hurb ·          Hostelworld Group ·          CheapOair.Com ·   ...