Astute Analytica’s recently published report on the Global Online Travel Agency Market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.
The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.
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The Online Travel Agency Market is anticipated to reach USD 911.45 Million by 2031 up from USD 463.29 Million in 2022. The market is growing at a CAGR of 16.98% from 2023-2031. The paper discusses further findings that researchers made based on the comprehensive data and also offered information on the state of the market.
The article discusses kinds and applications based on various nations and essential locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
Leading Companies
- Expedia Inc.
- Booking Holdings Inc.
- Ctrip.com International Ltd
- Trivago
- Tripadvisor
- MakeMyTrip Pvt. Ltd
- Thomas Cook Group PLC
We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.
The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We’ll discuss the predicted growth of the market in this region between 2021 and 2031.
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Segmentation Overview
The online travel agency market has been segmented based on the business model, platform, product type, customer segment, and region. These major segments are further categorized into sub-segments to study the market in detail.
By Business Model
- Mega Online Travel Retailers
- Digital Tour Operators
- Mobile Travel Retailers
- Travel Marketplaces
By Platform
- Mobile
- Desktop
By Product/ Services
- Transportation
- Flights
- Cabs
- Hotels
- Cruises
- Activities
- Packages (End-to-end)
- Documentation
By Customer Segment
- Corporate
- Personal (Individuals, groups, families)
- Students/ Professionals
Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Rest of the world
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