Press release
Online Travel Agent Industry Analysis, Demand, Segmentation And Statistics Report To 2025
Online Travel Agent Market
The online travel agent market report describes and explains the global online travel agent market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The online travel agent market consists of sales of travel services through online channels. Online travel agents or agencies are those individuals or companies that have websites that allow consumers to book various travel related services via the internet. Travel agents are engaged in sales of travel services such as flights, buses, vacation packages, hotels, and rental cars via online networks.
The global online travel agent market is expected grow from $432.14 billion in 2020 to $561.36 billion in 2021 at a compound annual growth rate (CAGR) of 29.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The online travel agent market is expected to reach $833.52 billion in 2025 at a CAGR of 10%.
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Some of the major players of the online travel agent market are Booking.com, Expedia Inc., Ctrip, TripAdvisor, Trivago, eDreams Odigeo, Despegar, MakeMyTrip, Lastminute, and On the Beach.
The countries covered in the global online travel agent market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global online travel agent market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global online travel agent market is segmented -
1) By Service Type: Vacation Packages, Transportation, Accommodation
2) By Platform: Mobile/Tablets Based, Desktop Based
3) By Category: Hotel Bookings, Tickets, Others
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Few Points From Table Of Content
1. Executive Summary
2. Online Travel Agent Market Characteristics
3. Online Travel Agent Market Trends And Strategies
4. Impact Of COVID-19 On Online Travel Agent
5. Online Travel Agent Market Size And Growth
.....
27. Online Travel Agent Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Online Travel Agent Market
29. Online Travel Agent Market Future Outlook And Potential Analysis
30. Appendix
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