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Global Online Travel Agent Market: Industry Outlook, Growth Prospects, Key Opportunities, Size, Share And Latest Trends Forecast To 2026
Online Travel Agent Market
The online travel agent market research report helps gain a truly global perspective of the online travel agent industry as it covers 60 geographies worldwide. 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.
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Key competitors in the online travel agent market include Booking.com, Expedia Inc., Ctrip, TripAdvisor, Trivago, eDreams Odigeo, Despegar, MakeMyTrip, Lastminute, and On the Beach, Alibaba Group Holding Limited, Hostelworld Group, Hotel Urbano Travel and Tourism SA, Fareportal Inc., Trivago GmbH, ThomasCook Group, Priceline Group Inc., HRS; Agoda, Airbnb Inc. and Hotel.de.
The global online travel agent market size is expected to grow from $664.42 billion in 2021 to $761.90 billion in 2022 at a compound annual growth rate (CAGR) of 14.7%. The growth in the market 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 $1002.45 billion in 2026 at a CAGR of 7.1%.
The regions covered in the online travel agent market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest online travel agent market share.
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TBRC's report segments the global online travel agent market:
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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