Global Travel Technology Solutions Market : Industry Analysis and forecast 2029: Type, End-User, and Region.

The Global Travel Technology Solutions Market value is projected to reach US$ 15.77 billion at the end of the forecast period and it is expected to grow at the CAGR of 7.7%. The report has covered Country market trends with a competitive landscape. Travel Technology Solutions MarketTo know about the Research Methodology :- Request Free Sample Report

Global Travel Technology Solutions Market Overview:

Travel technology is an application of information and communication technology in the tourism and hospitality sectors which enables agencies to book flights, tours, transfers and more.The travel solution develops tools and technologies to allow companies to exploit the vast resources of the internet.The travel companies earn more on the increased bookings from the solutions provider. Increased adoption of hosted solutions and Software as a Service (SaaS) is expected to fuel demand for travel technology solutions during the forecast era.For instance, TravelCarmaoffers seamless API integration with all the Global Distribution Systems (GDS) via XML API. TravelCarma offers a seamless XML API interface which can monitor entire third-party inventory from a single window instead of logging into different systems and shuffling through multiple screens to access live fares.The travel technology solutionsmarket is dignified to witness a beneficial growth in the forecasted years owing to the increased in corporate travel spending with the growing adoption of social media platforms and big data analytics. The companies are now using travel technology solutionsto minimize costs on modern IP telephony systems.The adoption of artificial intelligence in travel technology solutions is expected to generate market opportunities for travel technology solutions companies to provide innovative solutions based on AI technology to evaluate and enhance decision-making.AI offers digital conversation tools, such as virtual service agents and chatbots, which can directly address the needs of users, thereby improving their overall experience. For instance, Amadeus is a multinational supplier of IT solutions and global delivery networks that provides travel suppliers and travel agencies software solutions for quest, pricing, ticketing, booking and other real-time travel processes. Amadeus provides products in the fields of analytics and intelligence, revenue strategy, customer strategy and payment products. Based on type,travel technology solutions market is segmented by Global Distribution System (GDS), Airline & Hospitality IT Solutions and Others. Global Distribution System (GDS) dominated travel technology solutions market due to the high frequency band used by airline industry which deals to a large extent with online booking systems. Based on End-User,commercialis the leading segmentto dominate the market during the forecast period due to the rising number of SMEs and to provide better customer service pushing to the market growth.The key drivers are growing fast track digital data and enable to achieve insight into user behaviorwhich motivates market development. The travel technology solutions market in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. The attributing factor is due to the presence of major players with theadvance technologies. The Asia Pacific region is projected to register the fastest growth rate in the target market due tosurge in penetration of smartphones and digitalizing the infrastructurein the region.

Global Travel Technology Solutions Market Competitive Landscape:

The objective of the report is to present a comprehensive analysis of the Global Travel Technology Solutions Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Travel Technology Solutions Market dynamics, structure by analyzing the market segments and projects the Global Travel Technology Solutions Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Travel Technology Solutions Market make the report investor’s guide.

Travel Technology Solutions Market Scope : Inquire before buying

Travel Technology Solutions Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 9.38 Bn.
Forecast Period 2023 to 2029 CAGR: 7.7% Market Size in 2029: US $ 15.77 Bn.
Segments Covered: by Type Global Distribution System (GDS) Airline & Hospitality IT Solutions Others
by End-User Individual Commercial Others

Global Travel Technology Solutions Market, by Region

Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Global Travel Technology Solutions Market Key Players

1. Amadeus 2. SABRE GLBL INC. 3. Travelport 4. CRS TECHNOLOGIES INDIA PVT LTD 5. mTrip 6. Qtech Software Pvt.Ltd 7. Tramada Systems 8. Lemax Ltd. 9. Expedia, Inc. 10. TravQ 11. AltexSoft 12. IGT Solutions Pvt. Ltd 13. TWAI 14. Trawex Technologies Pvt Ltd. Frequently Asked Questions: 1. Which region has the largest share in Global Travel Technology Solutions Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Travel Technology Solutions Market? Ans: The Global market is growing at a CAGR of 7.7% during forecasting period 2023-2029. 3. What is scope of the Global Travel Technology Solutions Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Travel Technology Solutions Market size in 2022? Ans: The Global market was valued at US$ 9.38 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global market is studied from 2022 to 2029.

Global Travel Technology Solutions Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Travel Technology Solutions Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Travel Technology Solutions Market Analysis and Forecast 7. Global Travel Technology Solutions Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Travel Technology Solutions Market Value Share Analysis, by Type 7.4. Global Travel Technology Solutions Market Size (US$ Mn) Forecast, by Type 7.5. Global Travel Technology Solutions Market Analysis, by Type 7.6. Global Travel Technology Solutions Market Attractiveness Analysis, by Type 8. Global Travel Technology Solutions Market Analysis and Forecast, by End-User 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Travel Technology Solutions Market Value Share Analysis, by End-User 8.4. Global Travel Technology Solutions Market Size (US$ Mn) Forecast, by End-User 8.5. Global Travel Technology Solutions Market Analysis, by End-User 8.6. Global Travel Technology Solutions Market Attractiveness Analysis, by End-User 9. Global Travel Technology Solutions Market Analysis and Forecast, by Region 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Travel Technology Solutions Market Value Share Analysis, by Region 9.4. Global Travel Technology Solutions Market Size (US$ Mn) Forecast, by Region 9.5. Global Travel Technology Solutions Market Analysis, by Region 10. Global Travel Technology Solutions Market Analysis 10.1. Key Findings 10.2. Global Travel Technology Solutions Market Overview 10.3. Global Travel Technology Solutions Market Forecast, by Type 10.3.1. Global Distribution System (GDS) 10.3.2. Airline & Hospitality IT Solutions 10.3.3. Others 10.4. Global Travel Technology Solutions Market Forecast, by End-User 10.4.1. Individual 10.4.2. Commercial 10.4.3. Others 10.5. Global Travel Technology Solutions Market Forecast, by Region 10.5.1. North America 10.5.2. Europe 10.5.3. Asia-Pacific 10.5.4. ME & Africa 10.5.5. Latin America 10.6. PEST Analysis 10.7. Key Trends 10.8. Key Developments 11. NorthAmerica Travel Technology Solutions Market Analysis 11.1. Key Findings 11.2. NorthAmerica Travel Technology Solutions Market Forecast, by Type 11.2.1. Global Distribution System (GDS) 11.2.2. Airline & Hospitality IT Solutions 11.2.3. Others 11.3. NorthAmerica Travel Technology Solutions Market Forecast, by End-User 11.3.1. Individual 11.3.2. Commercial 11.3.3. Others 11.4. NorthAmerica Travel Technology Solutions Market Forecast, by Country 11.4.1. US 11.4.2. Canada 11.5. US Travel Technology Solutions Market Forecast, by Type 11.5.1. Global Distribution System (GDS) 11.5.2. Airline & Hospitality IT Solutions 11.5.3. Others 11.6. US Travel Technology Solutions Market Forecast, by End-User 11.6.1. Individual 11.6.2. Commercial 11.6.3. Others 11.7. Canada Travel Technology Solutions Market Forecast, by Type 11.7.1. Global Distribution System (GDS) 11.7.2. Airline & Hospitality IT Solutions 11.7.3. Others 11.8. Canada Travel Technology Solutions Market Forecast, by End-User 11.8.1. Individual 11.8.2. Commercial 11.8.3. Others 11.9. PEST Analysis 11.10. Key Trends 11.11. Key Developments 12. Europe Travel Technology Solutions Market Analysis 12.1. Key Findings 12.2. Europe Travel Technology Solutions Market Overview 12.3. Europe Travel Technology Solutions Market Forecast, by Type 12.3.1. Global Distribution System (GDS) 12.3.2. Airline & Hospitality IT Solutions 12.3.3. Others 12.4. Europe Travel Technology Solutions Market Forecast, by End-User 12.4.1. Individual 12.4.2. Commercial 12.4.3. Others 12.5. Europe Travel Technology Solutions Market Forecast, by Country 12.5.1. UK 12.5.2. France 12.5.3. Germany 12.5.4. Russia 12.5.5. Italy 12.5.6. Rest of Europe 12.6. UK Travel Technology Solutions Market Forecast, by Type 12.6.1. Global Distribution System (GDS) 12.6.2. Airline & Hospitality IT Solutions 12.6.3. Others 12.7. UK Travel Technology Solutions Market Forecast, by End-User 12.7.1. Individual 12.7.2. Commercial 12.7.3. Others 12.8. France Travel Technology Solutions Market Forecast, by Type 12.8.1. Global Distribution System (GDS) 12.8.2. Airline & Hospitality IT Solutions 12.8.3. Others 12.9. France Travel Technology Solutions Market Forecast, by End-User 12.9.1. Individual 12.9.2. Commercial 12.9.3. Others 12.10. Germany Travel Technology Solutions Market Forecast, by Type 12.10.1. Global Distribution System (GDS) 12.10.2. Airline & Hospitality IT Solutions 12.10.3. Others 12.11. Germany Travel Technology Solutions Market Forecast, by End-User 12.11.1. Individual 12.11.2. Commercial 12.11.3. Others 12.12. Russia Travel Technology Solutions Market Forecast, by Type 12.12.1. Global Distribution System (GDS) 12.12.2. Airline & Hospitality IT Solutions 12.12.3. Others 12.13. Russia Travel Technology Solutions Market Forecast, by End-User 12.13.1. Individual 12.13.2. Commercial 12.13.3. Others 12.14. Italy Travel Technology Solutions Market Forecast, by Type 12.14.1. Global Distribution System (GDS) 12.14.2. Airline & Hospitality IT Solutions 12.14.3. Others 12.15. Italy Travel Technology Solutions Market Forecast, by End-User 12.15.1. Individual 12.15.2. Commercial 12.15.3. Others 12.16. Rest of Europe Travel Technology Solutions Market Forecast, by Type 12.16.1. Global Distribution System (GDS) 12.16.2. Airline & Hospitality IT Solutions 12.16.3. Others 12.17. Rest of Europe Travel Technology Solutions Market Forecast, by End-User 12.17.1. Individual 12.17.2. Commercial 12.17.3. Others 12.18. PEST Analysis 12.19. Key Trends 12.20. Key Developments 13. AsiaPacific Travel Technology Solutions Market Analysis 13.1. Key Findings 13.2. AsiaPacific Travel Technology Solutions Market Overview 13.3. AsiaPacific Travel Technology Solutions Market Forecast, by Type 13.3.1. Global Distribution System (GDS) 13.3.2. Airline & Hospitality IT Solutions 13.3.3. Others 13.4. AsiaPacific Travel Technology Solutions Market Forecast, by End-User 13.4.1. Individual 13.4.2. Commercial 13.4.3. Others 13.5. AsiaPacific Travel Technology Solutions Market Forecast, by Country 13.5.1. China 13.5.2. India 13.5.3. Japan 13.5.4. Malaysia 13.5.5. Indonesia 13.5.6. Rest of Asia-Pacific 13.6. China Travel Technology Solutions Market Forecast, by Type 13.6.1. Global Distribution System (GDS) 13.6.2. Airline & Hospitality IT Solutions 13.6.3. Others 13.7. China Travel Technology Solutions Market Forecast, by End-User 13.7.1. Individual 13.7.2. Commercial 13.7.3. Others 13.8. India Travel Technology Solutions Market Forecast, by Type 13.8.1. Global Distribution System (GDS) 13.8.2. Airline & Hospitality IT Solutions 13.8.3. Others 13.9. India Travel Technology Solutions Market Forecast, by End-User 13.9.1. Individual 13.9.2. Commercial 13.9.3. Others 13.10. Japan Travel Technology Solutions Market Forecast, by Type 13.10.1. Global Distribution System (GDS) 13.10.2. Airline & Hospitality IT Solutions 13.10.3. Others 13.11. Japan Travel Technology Solutions Market Forecast, by End-User 13.11.1. Individual 13.11.2. Commercial 13.11.3. Others 13.12. Indonesia Travel Technology Solutions Market Forecast, by Type 13.12.1. Global Distribution System (GDS) 13.12.2. Airline & Hospitality IT Solutions 13.12.3. Others 13.13. Indonesia Travel Technology Solutions Market Forecast, by End-User 13.13.1. Individual 13.13.2. Commercial 13.13.3. Others 13.14. Malaysia Travel Technology Solutions Market Forecast, by Type 13.14.1. Global Distribution System (GDS) 13.14.2. Airline & Hospitality IT Solutions 13.14.3. Others 13.15. Malaysia Travel Technology Solutions Market Forecast, by End-User 13.15.1. Individual 13.15.2. Commercial 13.15.3. Others 13.16. Rest of AsiaPacific Travel Technology Solutions Market Forecast, by Type 13.16.1. Global Distribution System (GDS) 13.16.2. Airline & Hospitality IT Solutions 13.16.3. Others 13.17. Rest of AsiaPacific Travel Technology Solutions Market Forecast, by End-User 13.17.1. Individual 13.17.2. Commercial 13.17.3. Others 13.18. Others PEST Analysis 13.19. Key Trends 13.20. Key Developments 14. ME & Africa Travel Technology Solutions Market Analysis 14.1. Key Findings 14.2. ME & Africa Travel Technology Solutions Market Overview 14.3. ME & Africa Travel Technology Solutions Market Forecast, by Type 14.3.1. Global Distribution System (GDS) 14.3.2. Airline & Hospitality IT Solutions 14.3.3. Others 14.4. ME & Africa Travel Technology Solutions Market Forecast, by End-User 14.4.1. Individual 14.4.2. Commercial 14.4.3. Others 14.5. ME &Africa Travel Technology Solutions Market Forecast, by Country 14.5.1. GCC 14.5.2. South Africa 14.5.3. Rest of MEA & Africa 14.6. GCC Travel Technology Solutions Market Forecast, by Type 14.6.1. Global Distribution System (GDS) 14.6.2. Airline & Hospitality IT Solutions 14.6.3. Others 14.7. GCC Travel Technology Solutions Market Forecast, by End-User 14.7.1. Individual 14.7.2. Commercial 14.7.3. Others 14.8. South Africa Travel Technology Solutions Market Forecast, by Type 14.8.1. Global Distribution System (GDS) 14.8.2. Airline & Hospitality IT Solutions 14.8.3. Others 14.9. South Africa Travel Technology Solutions Market Forecast, by End-User 14.9.1. Individual 14.9.2. Commercial 14.9.3. Others 14.10. Rest of ME &Africa Travel Technology Solutions Market Forecast, by Type 14.10.1. Global Distribution System (GDS) 14.10.2. Airline & Hospitality IT Solutions 14.10.3. Others 14.11. Rest of ME &Africa Travel Technology Solutions Market Forecast, by End-User 14.11.1. Individual 14.11.2. Commercial 14.11.3. Others 14.12. PEST Analysis 14.13. Key Trends 14.14. Key Developments 15. Latin America Travel Technology Solutions Market Analysis 15.1. Key Findings 15.2. Latin America Travel Technology Solutions Market Overview 15.3. Latin America Travel Technology Solutions Market Forecast, by Type 15.3.1. Global Distribution System (GDS) 15.3.2. Airline & Hospitality IT Solutions 15.3.3. Others 15.4. Latin America Travel Technology Solutions Market Forecast, by End-User 15.4.1. Individual 15.4.2. Commercial 15.4.3. Others 15.5. Latin America Travel Technology Solutions Market Forecast, by Country 15.5.1. Mexico 15.5.2. Brazil 15.5.3. Rest of Latin America 15.6. Mexico Travel Technology Solutions Market Forecast, by Type 15.6.1. Global Distribution System (GDS) 15.6.2. Airline & Hospitality IT Solutions 15.6.3. Others 15.7. Mexico Travel Technology Solutions Market Forecast, by End-User 15.7.1. Individual 15.7.2. Commercial 15.7.3. Others 15.8. Brazil Travel Technology Solutions Market Forecast, by Type 15.8.1. Global Distribution System (GDS) 15.8.2. Airline & Hospitality IT Solutions 15.8.3. Others 15.9. Brazil Travel Technology Solutions Market Forecast, by End-User 15.9.1. Individual 15.9.2. Commercial 15.9.3. Others 15.10. Rest of Latin America Travel Technology Solutions Market Forecast, by Type 15.10.1. Global Distribution System (GDS) 15.10.2. Airline & Hospitality IT Solutions 15.10.3. Others 15.11. Rest of Latin America Travel Technology Solutions Market Forecast, by End-User 15.11.1. Individual 15.11.2. Commercial 15.12. PEST Analysis 15.13. Key Trends 15.14. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Market Share Analysis, by Region 16.3. Market Share Analysis, by Country 16.4. Competition Matrix 16.4.1. Competitive Benchmarking of key players by price, presence, market share, Raw material and R&D investment 16.4.2. New Raw materialLaunches and Raw material Enhancements 16.4.2.1. Market Consolidation 16.4.2.2. M&A by Regions, Investment and Raw material 16.4.2.3. M&A Key Players, Forward Integration and Backward Integration 16.5. Company Profiles: Key Players 16.5.1. Amadeus 16.5.2. SABRE GLBL INC. 16.5.3. Travelport 16.5.4. CRS TECHNOLOGIES INDIA PVT LTD 16.5.5. mTrip 16.5.6. Qtech Software Pvt.Ltd 16.5.7. Tramada Systems 16.5.8. Lemax Ltd. 16.5.9. Expedia, Inc. 16.5.10. TravQ 16.5.11. AltexSoft 16.5.12. IGT Solutions Pvt. Ltd 16.5.13. TWAI 16.5.14. Trawex Technologies Pvt Ltd. 16.5.15. Others 17. Primary Key Insights.

About This Report

Report ID 75546
Category Information Technology & Telecommunication
Published Date July 2023
Updated Date
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