Uploaded on May 20, 2024
According to the latest research report by IMARC Group, The global travel technology market size reached US$ 10.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 17.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.4% during 2024-2032. More Info:- https://www.imarcgroup.com/travel-technology-market
Travel Technology Market by Product Type, Distribution Channel, End User 2024-2032
Global Travel
Technology Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved
About IMARC Group
In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management
s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry
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organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls ,
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are at the top of the company’s exper t ise.
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markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients
achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure
las t ing resul ts .
Acco r d ing t o t he l a t es t r ep o r t by I M ARC G r oup , t i t l ed "T rav e l Tech no l og y M ark e t :
G l o ba l I ndu st ry T re nds , Sh are , S i ze , G row t h , O pp or t u n i t y an d Fo recas t 20 24 -
2032 , " t he g loba l t r a ve l t echno logy m ar k e t s i ze r e ache d US$ 10 . 0 B i l l i o n i n 2023 .
T r av e l t ech no lo gy i s w i de l y use d t o desc r i be a t r a ve l sys t em t ha t i nc lud es
Report i n f o r m a t io n and com m un i ca t i on t ech no logy ac r oss t h e t r a ve l , t ou r i sm and h osp i t a l i t y
sec t o r s . I t f ac i l i t a t es t r av e l p r oce sse s , i nc lud i ng f l i gh t t r ack i ng , t r a ve l p lann i ng ,
r ese r va t io n m anag em e n t a nd c us t o m er r ev ie ws , f o r v a r i ou s t r a ve l age n t s and t ou r
Highlight and ope r a t o r s .
They o f f e r num er ous so f t wa r e and app l i ca t i o ns f o r t h e sm o o t h f unc t i on ing o f t h ese
Description ope r a t i ons , t he r eb y i m pr o v ing boo k ing r a t es an d en su r in g im pr ov ed c us t om er
exp er ienc e . T hese se r v i ces a r e a l so ex t en s i ve l y use d f o r ena b l i ng e asy
t r an sac t io ns , c r ea t i n g cus t om ize d i t i ne r a r i es and m ana g ing t r a ve l i nsu r ance i n a
con ven ien t m a nne r .
Reque st f o r a P DF s ampl e o f t h i s repor t :
h t t p s : / / www. im ar c g r ou p . com / t r ave l - t echno logy - m ar k e t / r eques t sam p le
Report Description
G l ob a l T rave l Tec hno l o gy M ark e t T re nds :
The g loba l m ar ke t i s p r im ar i l y d r i ven by co ns ide r ab le g r ow t h i n t he t r av e l and t ou r i sm sec t o r . C oup le d w i t h t he i nc r eas in g
u t i l i za t i on o f a r t i f i c i a l i n t e l l i g ence ( A I ) and SaaS - base d m o de ls w i t h t r ave l t ech no log y , t h i s i s c r ea t i ng a po s i t i ve o u t l ook
f o r t he m a r ke t . M or eov e r , t he r i s i ng r eq u i r em en t f o r a u t om a t ion ac r oss va r i ou s sec t o r s has l ed t o t he i nc r eas in g
dep loy m en t o f r obo t i c p r oc ess au t om a t ion ( RP A) ac r o ss t he sec t o r . Thes e se r v i ce s s t r eam l ine and p r oc ess app l i c a t i o ns
au t o m a t i c a l l y w h i l e m anag i ng b ook ing s and pap e r wor k e f f i c i en t l y t o m i n im ize hum an e r r o r s .
The m ar ke t i s f u r t he r d r i ve n by t he r i s i ng ne ed f o r A I - sup po r t ed v i r t ua l suppo r t ag en t s an d cha t bo t s t ha t a im t o a dd r ess
consu m er ’ s r equ i r em e n t s d i r ec t l y i n an a t t em p t t o im p r ove c us t om er sa t i s f ac t i on . Apa r t f r om t h i s , t he i nc r eas i ng
dep loy m en t o f f i nge r p r i n t a nd f a c ia l r e cog n i t i on s ys t e m s a c r oss ho t e l s and pub l i c spa ces so as t o au t om a t e che ck - i n ,
check - ou t a nd paym en t p r oces ses i s a l s o p r ov id ing an im p e t us t o t he m ar ke t g r ow t h . Som e o f t he o t he r f a c t o r s
con t r i bu t i n g t o t he m ar k e t g r o w t h i n c lude t he g r ow in g i n t e g r a t i on o f t r av e l t e chno lo gy w i t h t h e I n t e r ne t o f Th ing s ( I oT )
and ex t en s i ve r esea r ch and d eve lo pm e n t ( R &D) a c t i v i t i es .
Look i ng f o rw ard , t he mark e t i s exp ec t ed t o g row a t a CA G R o f 6 . 4 % d ur i ng 202 4 - 203 2 .
V i ew Repo r t T O C, F i g ures and T ab l e s : h t t ps : / / w w w . i mar cgrou p . com / t r ave l - t ech no l o gy- m arke t
Breakup by Product Type:
• Air l ine & Hospi ta l i ty IT Solut ions
• Global Distr ibut ion System (GDS)
Breakup by Application:
Report • Travel Industry
Segmentation • Tourism Industry
• Hospita l i ty Industry
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
Report • Latin America
• Middle East and Afr ica
Segmentation
• Amadeus IT Group SA
• CRS Technologies India Pvt Ltd
• Lemax
• mTrip
Competitive
• Navitaire LLC
Landscape • Qtech Software Pr ivate Limited
with Key • Sabre Corporation
• Tramada Systems Pty Ltd
Players
• Travelport International Limited
How big is the global travel technology market?
What is the expected growth rate of the global
travel technology market during 2024-2032?
Key What are the key factors driving the global travel
technology market?
Questions
Answered in What has been the impact of COVID-19 on the global travel technology market?
the Report
What is the breakup of the global travel technology
market based on the product type?
What are the key regions in the global travel
technology market?
Who are the key players/companies in the global
travel technology market?
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
2 . 4 . 1 B o t t o m - U p A p p r o a c h
Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
4 . 1 O v e r v i e w
Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l T r a v e l T e c h n o l o g y M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y P r o d u c t T y p e
6 . 1 A i r l i n e & H o s p i t a l i t y I T S o l u t i o n s
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 G l o b a l D i s t r i b u t i o n S y s t e m ( G D S )
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y A p p l i c a t i o n
7 . 1 T r a v e l I n d u s t r y
7 . 1 . 1 M a r k e t T r e n d s
7 . 1 . 2 M a r k e t F o r e c a s t
7 . 2 T o u r i s m I n d u s t r y
7 . 2 . 1 M a r k e t T r e n d s
7 . 2 . 2 M a r k e t F o r e c a s t
7 . 3 H o s p i t a l i t y I n d u s t r y
7 . 3 . 1 M a r k e t T r e n d s
7 . 3 . 2 M a r k e t F o r e c a s t
8 M a r k e t B r e a k u p b y R e g i o n
8 . 1 N o r t h A m e r i c a
8 . 1 . 1 U n i t e d S t a t e s
8 . 1 . 1 . 1 M a r k e t T r e n d s
8 . 1 . 1 . 2 M a r k e t F o r e c a s t
Table of 8 . 1 . 2 C a n a d a 8 . 1 . 2 . 1 M a r k e t T r e n d s
8 . 1 . 2 . 2 M a r k e t F o r e c a s t
8 . 2 A s i a P a c i f i c
Contents 8 . 2 . 1 C h i n a 8 . 2 . 1 . 1 M a r k e t T r e n d s
8 . 2 . 1 . 2 M a r k e t F o r e c a s t
8 . 2 . 2 J a p a n
8 . 2 . 2 . 1 M a r k e t T r e n d s
8 . 2 . 2 . 2 M a r k e t F o r e c a s t
8 . 2 . 3 I n d i a
8 . 2 . 3 . 1 M a r k e t T r e n d s
8 . 2 . 3 . 2 M a r k e t F o r e c a s t
8 . 2 . 4 S o u t h K o r e a
8 . 2 . 4 . 1 M a r k e t T r e n d s
8 . 2 . 4 . 2 M a r k e t F o r e c a s t
8 . 2 . 5 A u s t r a l i a
8 . 2 . 5 . 1 M a r k e t T r e n d s
8 . 2 . 5 . 2 M a r k e t F o r e c a s t
F o r m o r e i n f o r m a t i o n , v i s i t :
h t t p s : / / w w w. im a rcg ro u p . co m / t r a v e l - t e ch n o l o g y - m a r ke t / t o c
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