Press release
Travel Services Market to Witness huge growth by 2023 | MakeMyTrip, SOTC, Thomas Cook, Yatra, Airbnb
Latest Study on Industrial Growth of Travel Services Market 2019-2025. A detailed study accumulated to offer Latest insights about acute features of the Travel Services market. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.The Major Players Covered in this Report: Cox & Kings, MakeMyTrip, SOTC, Thomas Cook, Yatra, Airbnb, Busindia.com, Cleartrip, Expedia, IRCTC, Meru, Ola, OYO Rooms, Treebo, Uber
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Market driver
• Strategic alliances such as mergers and acquisitions
Market challenge
• Lack of adequate infrastructure
Market trend
• Availability of innovative mobile travel apps
This study also covers company profiling, specifications and product picture, sales, market share and contact information of various regional, international and local vendors of Travel Services Market. The market opposition is frequently developing greater with the rise in scientific innovation and M&A activities in the industry. Additionally, many local and regional vendors are offering specific application products for varied end-users. The new merchant applicants in the market are finding it hard to compete with the international vendors based on reliability, quality and modernism in technology.
Travel services are categorized in to public and private services that provides travel and tourism related services to the public. Based on the services offered, the travel services market is segmented into six: hotel accommodation, domestic flight, rail ticket, domestic bus, taxi or cab, and holiday package. On the basis of the mode of booking, the travel services market is segmented as online mode and offline mode.
HTF MI analysts forecast the travel services market in India to grow at a CAGR of 18.46% during the period 2017-2021.
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Travel Services market segments by Types: Tour Packages, Flight Bookings, Hotel Booking Services, Cruise Bookings, Rail Bookings, Car Rental Services, Others
In-depth analysis of Travel Services market segments by Applications: Corporations, Individual Travelers
Major Key Players of the Market: Cox & Kings, MakeMyTrip, SOTC, Thomas Cook, Yatra, Airbnb, Busindia.com, Cleartrip, Expedia, IRCTC, Meru, Ola, OYO Rooms, Treebo, Uber
Regional Analysis for Travel Services Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2018 to 2023 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
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Research Methodology
Primary Research:
The primary sources involves the industry professionals from the Travel Services industry including the management organizations, processing administrations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and validate qualitative & quantitative information and determine the future prospects.
In the general primary research process undertaken for this study, the primary sources – industry experts such as CEOs, marketing director, vice presidents, technology & origination directors, founders and related key executives from various key companies and organizations in the Travel Services in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.
Secondary Research:
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.
Guidance of the Travel Services market report:
- Detailed considerate of Travel Services market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
- Comprehensive valuation of all prospects and threat in the Travel Services market.
- In depth study of industry strategies for growth of the Travel Services market-leading players.
- Travel Services market latest innovations and major procedures.
- Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Travel Services market for forthcoming years.
What to Expect from this Report On Travel Services Market:
1. A comprehensive summary of several area distributions and the summary types of popular products in the Travel Services Market.
2. You can fix up the growing databases for your industry when you have info on the cost of the production, cost of the products, and cost of the production for the next future years.
3. Thorough Evaluation the break-in for new companies who want to enter the Travel Services Market.
4. Exactly how do the most important companies and mid-level companies make income within the Market?
5. Complete research on the overall development within the Travel Services Market that helps you elect the product launch and overhaul growths.
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Detailed TOC of Travel Services Market Research Report-
- Travel Services Introduction and Market Overview
- Travel Services Market, by Application [Corporations, Individual Travelers]
- Travel Services Industry Chain Analysis
- Travel Services Market, by Type [Tour Packages, Flight Bookings, Hotel Booking Services, Cruise Bookings, Rail Bookings, Car Rental Services, Others]
- Industry Manufacture, Consumption, Export, Import by Regions (2013-2018)
- Industry Value ($) by Region (2013-2018)
- Travel Services Market Status and SWOT Analysis by Regions
- Major Region of Travel Services Market
i) Global Travel Services Sales
ii) Global Travel Services Revenue & market share
- Major Companies List
- Conclusion
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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