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Online Booking Software Market Financial Performance Analysis: BookingLive, BookingBug Limited, CheckFront, Rezdy, Acuity Scheduling, Appointy Software, Bookeo, Setmore Appointments, TimeTrade
Online Booking Software
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Asia Pacific is projected to exhibit highest CAGR over the forecast period. In 2017, Asia Pacific online booking software market generated revenue of US$ 49.5 million. By 2025, Asia Pacific online booking software market is projected to reach US$ 155.3 million at a CAGR of 15.9% in the forecast period. China, India, and japan are some of the major economies driving market growth in this region. Increasing number of startups in this region is expected to accelerate growth of the market.
Among Asia Pacific region, market in India is expected to witness highest CAGR over the forecast period. In 2017, India online booking software market generated revenue of US$ 11.3 Mn and is expected to reach US$ 42.2 Mn by 2025, witnessing a CAGR of 18.5% over the forecast period.
The cloud or web-based segment is expected to exhibit the highest CAGR over the forecast period. In 2017, the segment generated revenue of US$ 268.7 Mn and is expected to reach US$ 283.5 Mn by 2025 with a CAGR of 17.6% over the forecast period. Cloud-based deployment model helps enterprises in terms of reducing IT costs. These services are offered on the basis of the pay-as-you-go model. These services also enable enterprises to achieve economies of scale by collaborating with employees on the go. It increases enterprise capabilities regarding flexibility, communication, and reliability.
The professional user base segment is expected to exhibit the highest CAGR over the forecast period. In 2017, the professional user base segment generated revenue of US$ 63.7 Mn and is expected to reach US$ 202.2 Mn by 2025, with a CAGR of 16.0% over the forecast period.
The major players operating in the global online Booking Software market include BookingLive, BookingBug Limited, CheckFront, Inc., Rezdy, Acuity Scheduling, Appointy, Bookeo, SimplyBook.Me, Setmore Appointments, TimeTrade, Inc., Pulse24/7, Inc., Veribook, MyTime, Nabooki, and Shortcuts Software.
Detailed Segmentation of Online Booking Software Market:
Global Online Booking Software Market, By Deployment Model:
• On premises
• Cloud based
Global Online Booking Software Market, By User Base
• Professional User
• Corporate User
Competitive Landscape of Key Players Covers:
• Company Highlights
• Key Developments
• Product Portfolio
• Market Presence
• Marketing and Promotional Activities
• Strategic Presence
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