Press release
Online Travel Agency(OTA) Market Key Players | Hays Travel limited, Airbnb Inc., Yatra Online Private Limited
As per the study initiated by Evolve Business Intelligence, the global Online Travel Agency(OTA) Market size accounted for USD 210.8 Billion in 2022, growing at a CAGR of 6.8% from 2023 to 2033. An Online Travel Agency (OTA) is a digital platform that allows users to research, plan, and book various travel-related services and products over the internet. OTAs have become increasingly popular as they provide a convenient and centralized platform for travelers to compare prices, explore different options, and make reservations for flights, hotels, car rentals, cruises, and other travel-related services.The OTA market plays a significant role in the travel industry, providing a convenient and efficient platform for travelers to plan and book their trips. The OTA market has transformed the way people plan and book their travel, providing a one-stop solution for travel-related needs in the digital era.
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Key Highlights:
• The global Online Travel Agency(OTA) Market size was valued at USD 210.8 billion in 2022 growing at a CAGR of 6.8% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Online Travel Agency(OTA) Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Online Travel Agency(OTA) Market players holding high market shares include Hays Travel limited, Airbnb Inc., Yatra Online Private Limited and MakeMyTrip. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Alibaba Group
• Booking Holdings
• TripAdvisor
• AirGorilla LLC
• Hays Travel limited
• Airbnb Inc.
• Yatra Online Private Limited
• MakeMyTrip
Segmental Analysis
Market Segment By Service Type
• Transportation
• Travel Accommodation
• Vacation Packages
Market Segment By Application
• Making Reservations
• Translation Services
• Direction Guidance
• Audio Guidance
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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