Travel Technology market size is projected to reach US$ 13960 million by 2028, from US$ 9251.4 million in 2021, at a CAGR of 6.0% - Valuates Reports

The global Travel Technology market size is projected to reach US$ 13960 million by 2028, from US$ 9251.4 million in 2021, at a CAGR of 6.0% during 2022-2028.

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Fully considering the economic change by this health crisis, Airline & Hospitality IT Solutions accounting for % of the Travel Technology global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Ticket Service segment is altered to an % CAGR throughout this forecast period.

Travel Technology Market Insights
China Travel Technology market size is valued at US$ million in 2021, while the North America and Europe Travel Technology are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Travel Technology landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Travel Technology market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Travel Technology market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Travel Technology market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Travel Technology market.

Travel Technology Market Scope and Market Size
Travel Technology market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Travel Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type
-Airline & Hospitality IT Solutions
-Global Distribution System (GDS)

Segment by Application
-Ticket Service
-Hotel-related Service
-Others

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