Global Travel Technologies Market 2023-2027

Description

List of Tables

The travel technologies market is forecasted to grow by USD 4593.36 mn during 2022-2027, accelerating at a CAGR of 8.27% during the forecast period. The report on the travel technologies market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing use of smartphones and mobile applications, the growing adoption of online booking systems, and the rising popularity of vacation rentals and home-sharing platforms.

Technavio's travel technologies market is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	7.79%
CAGR	8.27%
Incremental Value	$4593.36mn

By Application

Travel industry
Tourism industry
Hospitality industry

By Product

Global distribution system
Airline
hospitality IT solutions

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the rise of AI and ML in the travel industry as one of the prime reasons driving the travel technologies market growth during the next few years. Also, the emergence of VR and AR in travel planning and the integration of blockchain technology for enhanced security and transparency in travel transactions will lead to sizable demand in the market.

The report on the travel technologies market covers the following areas:

Travel technologies market sizing
Travel technologies market forecast
Travel technologies market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading travel technologies market vendors that include Amadeus IT Group SA, Dolphins Dynamics Ltd., ecare Technology Labs Pvt. Ltd., Expedia Group Inc., Lemax d.o.o., Sabre Corp., Technoheaven, Tramada Systems Pty Ltd., DirectVision SRL, CRS Technologies India Pvt. Ltd., Digitrips, Kaptio, BCD Group, Qtech Software Pvt. Ltd., Avani Cimcon Technologies, Travelport LP, Fareportal Inc., Pc Voyages 2000 Inc., Trip Solutions, and Tecnologia e Sistemas de Distribuicao Lda. Also, the travel technologies market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70338

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global travel technologies market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global travel technologies market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Product Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Travel industry - Market size and forecast 2022-2027
Exhibit 34: Chart on Travel industry - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Travel industry - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Travel industry - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Travel industry - Year-over-year growth 2022-2027 (%)
6.4 Tourism industry - Market size and forecast 2022-2027
Exhibit 38: Chart on Tourism industry - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Tourism industry - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Tourism industry - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Tourism industry - Year-over-year growth 2022-2027 (%)
6.5 Hospitality industry - Market size and forecast 2022-2027
Exhibit 42: Chart on Hospitality industry - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Hospitality industry - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Hospitality industry - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Hospitality industry - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application ($ million)
Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 48: Chart on Product - Market share 2022-2027 (%)
Exhibit 49: Data Table on Product - Market share 2022-2027 (%)
7.2 Comparison by Product
Exhibit 50: Chart on Comparison by Product
Exhibit 51: Data Table on Comparison by Product
7.3 Global distribution system - Market size and forecast 2022-2027
Exhibit 52: Chart on Global distribution system - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Global distribution system - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Global distribution system - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Global distribution system - Year-over-year growth 2022-2027 (%)
7.4 Airline and hospitality IT solutions - Market size and forecast 2022-2027
Exhibit 56: Chart on Airline and hospitality IT solutions - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Airline and hospitality IT solutions - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Airline and hospitality IT solutions - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Airline and hospitality IT solutions - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Product
Exhibit 60: Market opportunity by Product ($ million)
Exhibit 61: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 UK - Market size and forecast 2022-2027
Exhibit 91: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 India - Market size and forecast 2022-2027
Exhibit 103: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on India - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ million)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Amadeus IT Group SA
Exhibit 115: Amadeus IT Group SA - Overview
Exhibit 116: Amadeus IT Group SA - Business segments
Exhibit 117: Amadeus IT Group SA - Key news
Exhibit 118: Amadeus IT Group SA - Key offerings
Exhibit 119: Amadeus IT Group SA - Segment focus
12.4 Avani Cimcon Technologies
Exhibit 120: Avani Cimcon Technologies - Overview
Exhibit 121: Avani Cimcon Technologies - Product / Service
Exhibit 122: Avani Cimcon Technologies - Key offerings
12.5 BCD Group
Exhibit 123: BCD Group - Overview
Exhibit 124: BCD Group - Product / Service
Exhibit 125: BCD Group - Key offerings
12.6 CRS Technologies India Pvt. Ltd.
Exhibit 126: CRS Technologies India Pvt. Ltd. - Overview
Exhibit 127: CRS Technologies India Pvt. Ltd. - Product / Service
Exhibit 128: CRS Technologies India Pvt. Ltd. - Key offerings
12.7 Digitrips
Exhibit 129: Digitrips - Overview
Exhibit 130: Digitrips - Product / Service
Exhibit 131: Digitrips - Key offerings
12.8 DirectVision SRL
Exhibit 132: DirectVision SRL - Overview
Exhibit 133: DirectVision SRL - Product / Service
Exhibit 134: DirectVision SRL - Key offerings
12.9 Dolphins Dynamics Ltd.
Exhibit 135: Dolphins Dynamics Ltd. - Overview
Exhibit 136: Dolphins Dynamics Ltd. - Product / Service
Exhibit 137: Dolphins Dynamics Ltd. - Key offerings
12.10 ecare Technology Labs Pvt. Ltd.
Exhibit 138: ecare Technology Labs Pvt. Ltd. - Overview
Exhibit 139: ecare Technology Labs Pvt. Ltd. - Product / Service
Exhibit 140: ecare Technology Labs Pvt. Ltd. - Key offerings
12.11 Expedia Group Inc.
Exhibit 141: Expedia Group Inc. - Overview
Exhibit 142: Expedia Group Inc. - Business segments
Exhibit 143: Expedia Group Inc. - Key offerings
Exhibit 144: Expedia Group Inc. - Segment focus
12.12 Kaptio
Exhibit 145: Kaptio - Overview
Exhibit 146: Kaptio - Product / Service
Exhibit 147: Kaptio - Key offerings
12.13 Lemax d.o.o.
Exhibit 148: Lemax d.o.o. - Overview
Exhibit 149: Lemax d.o.o. - Product / Service
Exhibit 150: Lemax d.o.o. - Key offerings
12.14 Qtech Software Pvt. Ltd.
Exhibit 151: Qtech Software Pvt. Ltd. - Overview
Exhibit 152: Qtech Software Pvt. Ltd. - Product / Service
Exhibit 153: Qtech Software Pvt. Ltd. - Key offerings
12.15 Sabre Corp.
Exhibit 154: Sabre Corp. - Overview
Exhibit 155: Sabre Corp. - Business segments
Exhibit 156: Sabre Corp. - Key offerings
Exhibit 157: Sabre Corp. - Segment focus
12.16 Technoheaven
Exhibit 158: Technoheaven - Overview
Exhibit 159: Technoheaven - Product / Service
Exhibit 160: Technoheaven - Key offerings
12.17 Tramada Systems Pty Ltd.
Exhibit 161: Tramada Systems Pty Ltd. - Overview
Exhibit 162: Tramada Systems Pty Ltd. - Product / Service
Exhibit 163: Tramada Systems Pty Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 164: Inclusions checklist
Exhibit 165: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 166: Currency conversion rates for US$
13.4 Research methodology
Exhibit 167: Research methodology
Exhibit 168: Validation techniques employed for market sizing
Exhibit 169: Information sources
13.5 List of abbreviations
Exhibit 170: List of abbreviations