• Mon. Mar 20th, 2023

Worldwide Travel Technologies Strategic Smaller company Report 2023:


Mar 16, 2023

Dublin, March 16, 2023 (GLOBE NEWSWIRE) — The “Travel Technologies: Worldwide Strategic Smaller company Report” report has been added to ResearchAndMarkets.com’s supplying.

The worldwide marketplace for Travel Technologies estimated at US$5.4 Billion in the year 2022, is projected to attain a revised size of US$ten.7 Billion by 2030, expanding at a CAGR of eight.eight% far more than the evaluation period 2022-2030.

Worldwide Distribution Process (GDS), 1 of the segments analyzed in the report, is projected to record 7.9% CAGR and attain US$7.two Billion by the finish of the evaluation period.

Taking into account the ongoing post pandemic recovery, improvement in the Airline &amp Hospitality It Alternatives segment is readjusted to a revised 11% CAGR for the subsequent eight-year period.

The U.S. Market is Estimated at $1.4 Billion, Despite the fact that China is Forecast to Create at ten.two% CAGR

The Travel Technologies marketplace in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to attain a projected marketplace size of US$two.six Billion by the year 2030 trailing a CAGR of ten.two% far more than the evaluation period 2022 to 2030.

Amongst the other noteworthy geographic markets are Japan and Canada, every single and just about every forecast to create at 7.4% and eight% respectively far more than the 2022-2030 period. Inside Europe, Germany is forecast to create at about eight.3% CAGR.

Pick Competitors (Total 83 Featured) –

  • Amadeus IT Group, S.A
  • Navitaire LLC
  • Dolphins Dynamics
  • Expedia Group
  • Kaptio Travel
  • Lemax Ltd
  • mTrip
  • TravelWorks
  • Qtech Software program plan Pvt. Ltd
  • Sabre Corporation
  • Tramada Systems Pty Ltd
  • Travelport Worldwide Ltd.

What`s New for 2023?

  • Exceptional coverage on Russia-Ukraine war worldwide inflation easing of zero-Covid policy in China and its `bumpy` reopening supply chain disruptions, worldwide trade tensions and threat of recession.
  • Worldwide competitiveness and critical competitor percentage marketplace shares
  • Market presence across numerous geographies – Robust/Active/Niche/Trivial
  • On line interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Study Platform
  • Complimentary updates for 1 year

Critical Attributes:

Report AttributeDetailsNo. of Pages382Forecast Period2022 – 2030Estimated Market Worth (USD) in 2022$5.4 BillionForecasted Market Worth (USD) by 2030$ten.7 BillionCompound Annual Improvement Rate8.9%Regions CoveredGlobal

Critical Subjects Covered:



1. Market OVERVIEW

  • Influence of COVID-19 Pandemic and Looming Worldwide Recession
  • Living with COVID-19: The New Standard
  • Stagflation and Danger of Recession: New Challenges Emerge for the Worldwide Market in 2022 &amp 2023
  • Planet Monetary Improvement Projections (Accurate GDP, Annual % Adjust) for the Years 2020, 2021, 2022 and 2023
  • Travel &amp Tourism Enterprise Demands a Hit All through COVID-19 Pandemic
  • COVID-19 Influence on Travel &amp Tourism Enterprise: YoY Adjust (%) of International Tourist Arrivals by Location for 2020 Vs 2019
  • International Tourist Receipts (YoY Adjust in %) for the Period 2010-2021
  • Recovery of International Tourism Enterprise: % of Respondents Citing a Concern Becoming Critical for Recovery of Tourism Sector
  • COVID-19 Outbreak Proves Disastrous for Tourism-Oriented Nations
  • Digitalization Augurs Appropriately for the Market
  • With Travel Enterprise Hit Complicated by the Crisis, Influence Substantial on Travel Technologies Market
  • Travel Technologies Aids Rescue Travel Enterprise from Overcoming the Pandemic Blues
  • An Introduction to Travel Technologies
  • Worldwide Market Prospects &amp Outlook
  • GDS Emerges as the Largest Segment
  • Competitors
  • Travel Technologies – Worldwide Critical Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Robust/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Planet Brands
  • Existing Market Activity

two. Concentrate ON Pick PLAYERS

3. Market TRENDS &amp DRIVERS

  • Smaller company Travel Spending Trend: Most important Contributor to Improvement of Travel Technologies Market
  • COVID-19 Pandemic Brings Corporate Travel to a Standstill, Impacting Travel Tech Adoption
  • Worldwide Smaller company Travel Market Worth (in US$ Billion) for the Years 2020 &amp 2027
  • Hotel Enterprise Embraces Subsequent Generation Technologies Amidst the Altering Operating Atmosphere
  • Digital Transformation Poised to Increase Traveler Information
  • Effectively-recognized Technologies Trends Transforming Hospitality &amp Travel Enterprise
  • Expanding Component of Revolutionary Technologies in Travel Enterprise
  • Pandemic-Led Tech Trends Drive Travel Sector Transformation
  • Innovations to Fuel Market Prospects
  • Growing Integration of Massive Facts in Travel Technologies Alternatives
  • Worldwide Massive Facts and Smaller company Analytics Revenues in US$ Billion for 2020, 2022, 2024 and 2026
  • Expanding Component of AI and ML in Travel &amp Tourism Enterprise
  • Blockchain Technologies to Radically Transform Travel Enterprise
  • Mobile Devices: The Preferred Mode for Travel Technologies
  • Worldwide Shipments of Smartphones (in Million Units) for 2020 by indicates of 2025
  • Subsequent-Generation 5G Networks to Benefit Travel Technologies
  • 5G Smartphone Sales in Million Units: 2019-2022
  • Virtual Reality Technologies to Transform Tourism Enterprise with Immersive Experiences
  • Augmented Reality Gains Prominence in Travel Enterprise
  • Robotic Process Automation Technologies Supports Automation of Repetitive Processes
  • Robots to Automate Hospitality Sector
  • Biometric Recognition Technologies for Automated Identification and Authentication in Hotels and Payments
  • Intelligent Conversational Platforms Emerge as Most effective Alternatives for Customer Help in Travel &amp Tourism Enterprise
  • Rise in Intelligent Connected Devices Drives Adoption of IoT Technologies in Travel Enterprise
  • Worldwide Quantity of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 &amp 2025
  • As On line Travel Booking Market Demands a Hit due to COVID-19, Travel Technologies Market to be Impacted
  • Worldwide On line Travel Market Size (in US$ Billion) for the Years 2018, 2022 &amp 2026
  • Most up-to-date Technologies Emerge to Address Challenges Confronting the On line Travel Enterprise
  • Worldwide Distribution Process Market: An Overview
  • Intelligent Hospitality Gathers Steam
  • Urbanization, Buyer Spending Levels Set the Tone for Travel &amp Tourism Technologies Market
  • Planet Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Location for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Challenges Confronting the Travel Technologies Market

4. Worldwide Market Point of view

III. Market Evaluation

IV. Competitors

For additional details and details about this report go to https://www.researchandmarkets.com/r/gk0m8o

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  • Worldwide Market for Travel Technologies