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2021 Online Travel Agent Market Size, Share, Growth Development, Opportunities, Trends, Forecast To 2030
Online Travel Agent Market
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‘Online Travel Agent Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the online travel agent industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.
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.
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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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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
Major players in the online travel agent market are Booking.com, Expedia Inc., Ctrip, TripAdvisor, Trivago, eDreams Odigeo, Despegar, MakeMyTrip, Lastminute, and On the Beach.
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https://www.thebusinessresearchcompany.com/report/online-travel-agent-global-market-report
The Table of Contents includes:
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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