A Latest Study Released by HTF MI on the Global Digitalization of the Travel Industry Market covers key business segments and wide-scope geographies to get deep-dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Digitalization of the Travel Industry market. The study provides historical data (i.e. Volume** & Value) from 2019 to 2024E and forecast till 2030*. Some are the key & emerging players that are part of the coverage and have been profiled are Amadeus IT Group SA (Spain), Sabre GLBL Inc. (United States), Travelport (United Kingdom), Accenture (Ireland), Intellias (United States), Infosys (India), Travel Technology & Solutions (United States), TravelTek (United States), Trawex (India), Pratra.com (United States), IGT Solutions Pvt. Ltd. (India), Virtusa (United States), AltexSoft (United States), QuadLabs Technologies Pvt. Ltd. (India), Tumodo Travel Technologies (United Arab Emirates).
The Global Digitalization of the Travel Industry market is to witness a CAGR of 15% during the forecast period (2024-2030). Currently, market value is pegged at USD 400 Billion.
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Definition
The digitalization of the travel industry refers to the integration and application of digital technologies, such as online platforms, mobile apps, artificial intelligence, big data analytics, and cloud computing, to transform the way travel services are delivered, marketed, and consumed. This includes everything from booking flights, hotels, and car rentals online, to digital payment systems, personalized marketing through data-driven insights, virtual customer support through chatbots, and the use of digital platforms for sharing reviews and experiences.
Basic Segmentation Details
Global Digitalization of the Travel Industry Market Breakdown by Application (Travel Booking and Reservations, Marketing and Promotion, Customer Support and Service, Others) by Mode (Air Travel, Rail Travel, Road Travel (Rented Cars, Buses), Water Travel (Ferries, Cruises)) by Travel Type (Leisure, Business) by Platform (Web, Mobile) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
Market Dynamics:
Set of qualitative information that includes PESTEL Analysis, PORTER Five Forces Model, Value Chain Analysis and Macro Economic factors, Regulatory Framework along with Industry Background and Overview
Key highlights that the report is going to offer:
- Market Share & Sales Revenue by Key Players & Emerging Regional Players.
• Gap Analysis by Region. Country Level Break-up will help you dig out Trends and opportunities lying in specific areas of your business interest.
• Revenue split by most promising business segments. [By Type (Web, Mobile), By Application (Travel Booking and Reservations, Marketing and Promotion, Customer Support and Service, Others), and any other business Segment if applicable within the scope of the report]
• A separate chapter on Market Entropy to gain insights into Leader’s aggressiveness toward the market [Merger & Acquisition / Recent Investment and Key Developments]
• Patent Analysis** No of patents / Trademarks filed in recent years.
• Competitive Landscape: Company profile for listed players with SWOT Analysis, Business Overview, Product/Services Specification, Business headquarters, Downstream Buyers, and Upstream Suppliers.
** May vary depending upon availability and feasibility of data with respect to Industry targeted
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Competitive Landscape:
Mergers & Acquisitions, Agreements & Collaborations, New Product Developments & Launches, Business overview & Product Specification for each player listed in the study. Players profiled are Amadeus IT Group SA (Spain) Sabre GLBL Inc. (United States) Travelport (United Kingdom) Accenture (Ireland) Intellias (United States) Infosys (India) Travel Technology & Solutions (United States) TravelTek (United States) Trawex (India) Pratra.com (United States) IGT Solutions Pvt. Ltd. (India) Virtusa (United States) AltexSoft (United States) QuadLabs Technologies Pvt. Ltd. (India) Tumodo Travel Technologies (United Arab Emirates)
Segment & geographic Analysis: What Market Data breakdown will be provided by key geographies, Type & Application/End-users
- Digitalization of the Travel Industry Market Revenue & Growth Rate by Type [Web, Mobile] (Historical & Forecast)
• Digitalization of the Travel Industry Market Revenue & Growth Rate by Application [Travel Booking and Reservations, Marketing and Promotion, Customer Support and Service, Others] (Historical & Forecast)
• Digitalization of the Travel Industry Market Revenue & Growth Rate by Each Region Specified (Historical & Forecast)
• Digitalization of the Travel Industry Market Volume & Growth Rate by Each Region Specified, Application & Type (Historical & Forecast)
• Digitalization of the Travel Industry Market Revenue, Volume & Y-O-Y Growth Rate by Players (Base Year)
Most Frequently Asked Question:
Can we add or profiled the company as per our requirements?
Yes, Companies of your interest can be profiled as per the client’s requirement in the report. Final approval would be provided by the research team of HTF MI depending upon the difficulty of the survey. Currently, the list of companies profiled in the study is Amadeus IT Group SA (Spain) Sabre GLBL Inc. (United States) Travelport (United Kingdom) Accenture (Ireland) Intellias (United States) Infosys (India) Travel Technology & Solutions (United States) TravelTek (United States) Trawex (India) Pratra.com (United States) IGT Solutions Pvt. Ltd. (India) Virtusa (United States) AltexSoft (United States) QuadLabs Technologies Pvt. Ltd. (India) Tumodo Travel Technologies (United Arab Emirates)
** Data availability will be confirmed by research in the case of a privately held company. Up to 3 players can be added at no added cost.
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To comprehend Global Digitalization of the Travel Industry market dynamics in the world mainly, the worldwide Digitalization of the Travel Industry market is analysed across major global regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
- North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt, and South Africa.
• Europe: UK, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
Global will provide maximum growth opportunities in Digitalization of the Travel Industry market. According to our research, the region will account for xx% of the global market growth during the forecast period.
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Thanks for reading this article, you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
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