Huge boom in the online travel agency market at CAGR + 10% Growth drivers, trends with top providers like MakeMyTrip, Booking, Expedia, Priceline, Agoda, TripAdvisor, Hotels

ByRochelle W. Stone

Sep 27, 2021

The size of the online travel agency market was approximately US $ 432 billion in 2020. This figure is expected to increase to approximately US $ 561 billion in 2021. By 2025, the market is expected to have grown at a CAGR of + 10% to reach 833.5. billion US dollars.

Online travel agencies offering planning sources and booking capabilities. They offer both the ticket to travel and the accommodation to stay in any hotel. It is becoming more popular now. Competition has increased globally, so it is crucial for travel agencies to implement measures that attract and retain new customers, especially the danger of losing to others is common. , expensive and ever growing.

Global Key Players of the Online Travel Agency Market:

  • DoMyTravel
  • Goibibo
  • Reservation
  • Expedia
  • Price line
  • Agoda
  • TripAdvisor
  • Hotels

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Report Consultant provides key insights on the 2019 Online Travel Agency Market report by making informed business decisions. It was compiled by primary and secondary data mining techniques. In terms of value, the global market is expected to grow at a high CAGR during the forecast period. It has been aggregated on the basis of several attributes such as regional outlook, market segments, competitive landscape, major key players, sales approaches, technology platforms and standard operating procedures.

The global online travel agency market is segmented on the basis of service and region.

Service

  • Airline ticket reservation
  • Hotel reservation
  • bed and breakfast
  • cruise lines
  • car rental

Regional analysis:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • LINE

This report on the Online Travel Agency Market provides a comprehensive analysis of the following terminologies:

  • Different market segments and sub-segments
  • It offers a comprehensive analysis of changing competitive dynamics.
  • It offers a detailed summary of promising global opportunities.
  • Informative data on the product portfolio
  • Comprehensive information on recent technological advances, standard operating procedures, tools and methodologies
  • Detailed analysis of online platform adoption

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According to Report Consultant’s study, the global market has fragmented into several regions such as North America, Latin America, Asia-Pacific, Africa and Europe on the basis of major players . It covers the general analysis of the regional business overview, including the financial overview.

The main key players have been profiled to gain a better understanding of the companies. Apart from that, it highlights various startups contributing to the online travel agency market. A holistic overview of the new research report was presented along with current statistics and future forecasts. It also estimates the key trends and some important factors that are fueling the progress of the market.

Contents:

Chapter 1: Market Overview

Chapter 2: Data Analysis of Global Online Travel Agency Market

Chapter 3: Technical data analysis

Chapter 4: Government policy and news

Chapter 5: Market Manufacturing Process and Cost Structure

Chapter 6: Global Online Travel Agency Market Productions Supply Sales Demand Market Status and Forecast

Chapter 7: Major Manufacturers

Chapter 8: Upstream and Downstream Industry Analysis

Chapter 9: Marketing Strategy

Chapter 10: Development Trend Analysis of Online Travel Agency Market

Chapter 11: Feasibility analysis of a new investment project

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