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Global Online Travel Agents Market Size and Forecast 2022-2031 | The Business Research Company
Online Travel Agent Market
According to The Business Research Company's Online Travel Agent market report, the global online travel agent market reached a value of nearly $460.9 billion in 2020, having decreased at a compound annual growth rate (CAGR) of -3.5% since 2015. The online travel agent market increased from $460.9 billion in 2020 to $972.1 billion in 2025 at a rate of 16.1%. The decrease is mainly due to COVID-19 pandemic across all countries in the world as most countries went into lockdown with severe travel restrictions. Subsequently, industries such as airlines, railways, hospitality, and tourism all suffered major setbacks. The online travel agent market is expected to grow at a CAGR of 5.9% from 2025 and reach $1,259.1 billion in 2030.
Rapid shift in travel trends towards business leisure (bleisure) and food tourism is expected to be a major driver for online travel agent market. Bleisure travel refers to the hybrid travel model that includes both business travel and leisure travel. The individuals during their business trips to various countries prefer to explore the local cuisine, travel locations post completion of their official work.
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The Online Travel Agent market is segmented -
By Service Type - Vacation Packages, Travel, Accommodation
By Platform - Mobile/Tablet Based, Desktop Based
By Category - Hotel Bookings, Tickets, Others
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the Online Travel Agent market.
Major competitors in the Online Travel Agent market include Booking Holdings Inc., Expedia Group Inc, Trip.com Group Limited, Tripadvisor, Inc., Trivago N.V.
See The Full Online Travel Agent Market Report Here:
https://www.thebusinessresearchcompany.com/report/online-travel-agent-market
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 the sales of travel services such as flights, buses, vacation packages, hotels, and rental cars via online networks.
The Table Of Content For The Online Travel Agent Market Include:
1. Online Travel Agent Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction and Market Characteristics
....
20. Key Mergers And Acquisitions In The Online Travel Agent Market
21. Online Travel Agent Market Opportunities And Strategies
22. Online Travel Agent Market, Conclusions And Recommendations
23. Appendix
The Business Research Company's "Global Online Travel Agent Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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