Technavio categorizes the global Online Travel Booking Platform Market as a part of the global internet and direct marketing retail market within the global consumer discretionary market. External factors influencing the parent market's growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the Online Travel Booking Platform Market throughout the forecast period.
Online Travel Booking Platform Market Value Chain Analysis
The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the Online Travel Booking Platform Market includes the following core components:
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- Service
- Support activities
- Innovation
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Vendor Insights
The Online Travel Booking Platform Market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the best of the opportunity, the market vendors should focus more on the fast-growing segment's growth prospects while maintaining their positions in the slow-growing segments.
We provide a detailed analysis of vendors operating in the Online Travel Booking Platform Market, including some of the vendors such as Airbnb Inc., Booking Holdings Inc., eDreams ODIGEO, Expedia Group Inc., Hostelworld.com Ltd., MakeMyTrip Ltd., Thomas Cook India Ltd., Trip.com Group Ltd., TripAdvisor LLC, and TUI AG.
Product Insights and News
- Airbnb Inc.- The company offers various online travel bookings such as rental homes, restaurants, and experiences.
- Booking Holdings Inc.- The company offers online travel and related services through its various subsidiaries such as pricline.com, booking.com, KAYAK, Agoda, rentalcars.com, and OpenTable.
- eDreams ODIGEO- The company offers tailored and custom travel plans under its brands such as eDreams, Opodo, GO Voyages, Travellink, and Liligo.
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Key Market Dynamics
The growing use of smartphones and the internet as a result of quick technical advancements is one of the main factors fueling the growth of the global market. The growing use of the internet on mobile devices that has sped up the expansion of the global industry is mostly due to the accessibility of inexpensive smartphones and free internet services. During the projection period, factors including smartphone manufacturers' emphasis on growing their businesses in developing or undeveloped nations will further fuel market expansion.
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Online Travel Booking Platform Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 14.64% |
Market growth 2022-2026 |
$ 943.60 billion |
Market structure |
Fragmented |
YoY growth (%) |
13.45 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 36% |
Key consumer countries |
US, China, UK, India, Germany, France, and Japan |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Airbnb Inc., Booking Holdings Inc., eDreams ODIGEO, Expedia Group Inc., Hostelworld.com Ltd., MakeMyTrip Ltd., Thomas Cook India Ltd., Trip.com Group Ltd., TripAdvisor LLC, and TUI AG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVI- 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Packages - Market size and forecast 2021-2026
- Direct - Market size and forecast 2021-2026
- Market opportunity by Type
Market Segmentation by Booking platform
- Market segments
- Comparison by Booking platform
- Mobile/tablet - Market size and forecast 2021-2026
- Desktop/laptop - Market size and forecast 2021-2026
- Market opportunity by Booking platform
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2021-2026
- North America - Market size and forecast 2021-2026
- Europe - Market size and forecast 2021-2026
- South America - Market size and forecast 2021-2026
- MEA - Market size and forecast 2021-2026
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Airbnb Inc.
- Booking Holdings Inc.
- eDreams ODIGEO
- Expedia Group Inc.
- Hostelworld.com Ltd.
- MakeMyTrip Ltd.
- Thomas Cook India Ltd.
- Trip.com Group Ltd.
- TripAdvisor LLC
- TUI AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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