Travel Technology Market by Product Type, Distribution Channel, End User 2024-2032


MARKETRESEARCH

Uploaded on May 20, 2024

Category Business

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

Category Business

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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 vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and 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 Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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