Uploaded on Nov 7, 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
IMARC Group is a g lobal management consul t ing f i rm that he lps the wor ld ’s most ambi t ious
changemakers to create a las t ing impact . Across the s ix major cont inents and 100+ count r ies , we
work a longside our bus iness par tners as one team wi th a common ambi t ion to achieve unparal le led
resul ts , gain a compet i t ive edge, and t ransform indust r ies . IMARC Group excels in unders tanding
i ts c l ients ’ bus iness pr ior i t ies and del iver ing ta i lored solut ions that dr ive meaningfu l outcomes. Our
c l ient base spans over 3,000 organizat ions in the pr ivate, publ ic , and soc ia l sectors , ranging f rom
high-growth s tar tups to For tune 500 companies.
We prov ide a comprehensive sui te of market entry and expansion serv ices. Our of fer ings inc lude
thorough market assessment , feas ib i l i ty s tudies, company incorporat ion ass is tance, fac tory setup
suppor t , regulatory approvals and l icens ing navigat ion, branding, market ing and sales st rategies,
compet i t ive landscape and benchmark ing analyses, pr ic ing and cost research, and procurement
research. These serv ices are des igned to ass is t companies in evaluat ing market oppor tuni t ies ,
set t ing up new ent i t ies , navigat ing regulatory landscapes, boost ing brand v is ib i l i ty , analyz ing
compet i tors, and opt imiz ing procurement s t rategies.
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 & Hospital i ty IT Solutions
• Global Distribution System (GDS)
Breakup by Application:
• Travel Industry
• Tourism Industry
Report
• Hospital i ty Industry
Segmentation
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Lat in America
• Middle East and Afr ica
• Amadeus IT Group SA
• CRS Technologies India Pvt Ltd
• Lemax
Competitive • mTrip
• Navitaire LLC
Landscape
• Qtech Software Private Limited
with Key • Sabre Corporation
Players • Tramada Systems Pty Ltd
• 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 te s
8 . 1 . 1 . 1 M a r k e t T r e n d s
Table of 8 . 1 . 1 . 2 M a r k e t F o r e c a s t 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
Contents 8 . 2 A s i a P a c i f i c
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 th 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
F o r m o r e i n f o r m a t io n , v i s i t :
ht tps : / /www. imarcgroup .com/ t rave l - techno logy-market / toc
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) . No pa r t o f t h i s pub l i ca t ion may be
rep roduced , repackaged , red i s t r i bu ted o r res o ld i n who le o r i n any pa r t . The pub l i ca t ion may a l so
no t be used i n any f o rm o r by and means g raph i c e lec t ron ic o r mechan ic a l , i nc lud ing pho tocopy ing ,
reco rd ing , t ap ing o r by i n fo rmat i on s to rage o r re t r ieva l , o r by any o the r f o rm, w i t hou t the exp ress
c ons en t o f I n t e rna t iona l Marke t Ana lys i s Research and Consu l t i ng ( IMARC) .
Disc la imer : Al l con ten ts and da ta o f t h i s pub l i c a t i on , i nc lud ing fo recas t s , da ta ana lys i s and op in ion
have been based on in f o rmat ion and sources be l ieved to be accu ra te and re l iab le a t t he t ime o f
pub l i sh ing . In t e rna t i ona l Ma rke t Ana l ys is Research and Consu l t ing makes no rep resen ta t ion o f
war ran t y o f any k ind as to t he acc u racy o r comp le teness o f any I n fo rmat i on p rov ided . IMARC
accep ts no l i ab i l i t y wha tsoever f o r any los s o r damage resu l t i ng f rom op in ion , e r ro rs o r
i naccu rac ies i f any f ound th is pub l i ca t ion .
IMARC, IMARC Group and G loba l Therapy I ns igh t Ser i es a re reg is t e red t rademarks o f I n te rna t iona l
Marke t Ana lys i s Research and Consu l t ing . A l l o the r t rademarks used i n th i s pub l i ca t i on a re
reg i s te red t rademarks o f t he i r r espec t i ve compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
+1-631-791-1145
[email protected]
Stay With Us:
Comments