Press release
How Online Booking Software Market Play Major Role for Global Development and Manufacturing Process 2021-2027
Online booking software also called software appointment software or booking software tools that allow businesses or professionals to manage appointments or bookings. The online booking software market generated revenue of US $ 194.3 million in 2017, up from US $ 175.8 million in 2016. By 2025, the online booking software market is expected to generate $ 552.1 million with a CAGR of 14.4%. Rising internet penetration especially in the emerging economy is one of the factors driving growth in global markets. For example, according to Coherent Market Insights, 28% of India's total population used the Internet in 2016, and it is estimated that it will reach 59% by 2021.
The on-premises segment held a prominent position in the online booking software market and generated revenue of US $ 114.2 Million in 2017. It is expected to reach US $ 268.6 million with a CAGR of 11.6% over the forecast period. Rising concerns about data security are one of the reasons for the demand for location-based solutions. This is because on-premises software offers higher data security compared to cloud-based or web-based solutions.
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Major players working in the global Online Booking Software Market include : BookingLive, BookingBug Limited, CheckFront,Inc., Rezdy, Acuity Scheduling, Appointy Software Inc. , Bookeo, SimplyBook.Me, Setmore Appointments, TimeTrade, Inc., Pulse24/7, Inc., Veribook, MyTime, Nabooki, and Shortcuts Softwar
Key Points for Geographical Analysis:
Details and data related to usage level in each region
Moderate increase in consumption rate
Expected growth rate of regional markets
Forward growth of market share in each region
Geographical contribution to market capitalization
The report answers questions such as:
1. What is the market size and forecast of the Global Online Booking Software Market?
2. What factors hinder the impact of COVID-19 in shaping the Global Online Booking Software Market during the forecast period?
3. What products / components / applications / areas should you invest in the forecast period in the Global Online Booking Software Market?
4. What is the competitive window for opportunities in the Global Online Booking Software Market?
5. What are the technical and regulatory trends in the Global Online Booking Software Market?
6. What is the market share of the leading retailers in the Global Online Booking Software Market?
7. What methods and strategies are considered appropriate to enter the Global Online Booking Software Market?
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