openPR Logo
Press release

Online Travel Booking Market Set to Reach US$ 1178.641 Billion by 2030, Growing at a 9.7% CAGR

12-05-2024 03:43 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Online Travel Booking Market

Online Travel Booking Market

๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at US$ 616.503 Bn. in 2023 and the total revenue is expected to grow at 9.7% of CAGR through 2024 to 2030, reaching nearly US$ 1178.641 Bn.

๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ has seen significant growth due to increasing internet penetration, smartphone usage, and the rise of digital platforms that simplify travel planning. As consumers increasingly prefer booking flights, accommodations, and other travel services online, this market continues to expand. The convenience, discounts, and user-friendly interfaces of online booking platforms drive adoption, making it a preferred choice for both leisure and business travelers. The ongoing trend of personalization and AI-driven services further contributes to the market's growth.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/26269/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ is driven by factors such as increased smartphone usage, the growing popularity of travel apps, and the convenience offered by online platforms. Additionally, the rise of internet penetration and the availability of personalized travel options through AI and machine learning are fueling growth. Increasing disposable incomes, ease of access to global destinations, and attractive discounts on online platforms further contribute to the market's expansion, with consumers preferring the convenience of online booking over traditional methods.

๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Key trends in the ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ include the growing reliance on mobile devices and apps for seamless travel booking, the rise of AI-powered personalized recommendations, and the increasing shift toward eco-friendly travel options. Additionally, the integration of virtual reality for virtual tours, real-time booking updates, and the emergence of voice-based travel booking systems are reshaping consumer experiences, further boosting market growth. These trends highlight a stronger focus on convenience, personalization, and technological advancements in the travel industry.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/26269/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ

Vietnam:
โ€ข Vietravel recently merged with Vietnam Airlines, aiming to offer better integrated services for global travelers.
Thailand:
โ€ข Thai Airways has partnered with online booking platform Traveloka, streamlining flight and hotel bookings for tourists across Southeast Asia.
Singapore:
โ€ข Ctrip (now Trip.com) has expanded its presence in Singapore by acquiring Travelfusion, a global travel tech company specializing in travel search platforms.
Japan:
โ€ข Rakuten Travel continues to grow, acquiring Jalan.net to enhance its hotel booking capabilities and expand its offerings.
South Korea:
โ€ข Hanjin Travel has merged with Interpark to offer more comprehensive travel booking services across Asia.
European Countries:
โ€ข Booking.com acquired Rentalcars.com to enhance its global car rental booking services, further strengthening its market leadership in Europe.
United States:
โ€ข Expedia Group made a major acquisition by purchasing Vrbo, a home-sharing platform, to diversify its service offerings and provide customers with more accommodation choices.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฃ๐จ๐ซ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:

1. Expedia Group is focusing on enhancing its digital platform by integrating AI-powered tools, allowing for personalized travel recommendations and smarter booking decisions.
2. Booking Holdings, parent company of Booking.com, has been investing in AI and data analytics to further optimize its search and booking systems.
3. Airbnb continues to disrupt the travel industry by expanding its services beyond vacation rentals into experiences, offering tours and activities globally.
4. Amadeus IT Group has launched innovative software solutions aimed at streamlining the booking process for airlines, travel agents, and hotels alike.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/26269/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Device Outlook

Desktop
Mobile

by Booking Method

Online Booking
Direct Travel Agency

by Service Type

Vacation Packages
Accommodation Booking
Transportation Booking
Others

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

North America
1. Expedia Group, Inc. (US)
2. Booking Holdings Inc. (US)
3. Tripadvisor, Inc. (US)
4. corporateFlights.com (US)
5. .2FN Travel (US)
6. Airtkt.com, Inc (US)
Europe
7. Q Travel Cloud (UK)
8. Lastminute.com Group (Switzerland)
9. Booking.com (Netherlands)
APAC
10. Ixigo-Le Travenues Technology Ltd (India
11. MAKEMYTRIP PVT. LTD. (India
12. Yatra Online Limited (India)
13. EaseMyTrip (India)
14. Thomas Cook Ltd. (India)
15. Faresdaddy (India)
16. Apricot Tours (pakistan)
17. Trip.com Group Limited (China)
18. Agoda (Singapore)
19. Trip.com china
20. HolidayPasal.com (Nepal)
21. KoreaTravelEasy (South Korea)
22. Traveloka (Indonesia)

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-online-travel-booking-market/26269/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

โ€ข Past Market Size and Competitive Landscape
โ€ข ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ Size, Share, Size & Forecast by different segment
โ€ข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
โ€ข ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐“๐ซ๐š๐ฏ๐ž๐ฅ ๐๐จ๐จ๐ค๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ Segmentation - A detailed analysis by Product
โ€ข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
โ€ข Competitive landscape - Market Leaders, Market Followers, Regional player
โ€ข Competitive benchmarking of key players by region
โ€ข PESTLE Analysis
โ€ข PORTER's analysis
โ€ข Value chain and supply chain analysis
โ€ข Legal Aspects of business by region
โ€ข Lucrative business opportunities with SWOT analysis
โ€ข Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Fluorosilicic Acid Market https://www.maximizemarketresearch.com/market-report/fluorosilicic-acid-market/194155/

โ™ฆ Syngas & Derivatives Market https://www.maximizemarketresearch.com/market-report/global-syngas-derivatives-market/53928/

โ™ฆ Ceramic Sanitary Ware Market https://www.maximizemarketresearch.com/market-report/global-ceramic-sanitary-ware-market/3344/

โ™ฆ global Citric Acid Market https://www.maximizemarketresearch.com/market-report/global-citric-acid-market/17379/

โ™ฆ Caprolactam Market https://www.maximizemarketresearch.com/market-report/global-caprolactam-market/24437/

โ™ฆ Metal Packaging Market https://www.maximizemarketresearch.com/market-report/metal-packaging-market/13916/

โ™ฆ Acetic Acid Market https://www.maximizemarketresearch.com/market-report/acetic-acid-market/13313/

MAXIMIZE MARKET RESEARCH PVT. LTD.

โฎ 3rd Floor, Navale IT park Phase 2,

Pune Banglore Highway, Narhe

Pune, Maharashtra 411041, India.

โœ† +91 9607365656

๐Ÿ–‚ sales@maximizemarketresearch.com

๐ŸŒ www.maximizemarketresearch.com

Maximize Market Research is a rapidly expanding market research and business consulting firm with a global footprint. Our commitment to delivering impactful insights and driving growth has made us a trusted partner to many Fortune 500 companies. With a diverse portfolio, we cater to a wide range of industries, including IT and telecommunications, chemicals, food and beverages, aerospace and defense, healthcare, and more.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Online Travel Booking Market Set to Reach US$ 1178.641 Billion by 2030, Growing at a 9.7% CAGR here

News-ID: 3772183 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, Fueled by a 15.96% CAGR
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, F โ€ฆ
Automotive Telematics Insurance Market size was valued at USD 101.50 Billion in 2024 and the total Automotive Telematics Insurance revenue is expected to grow at a CAGR of 15.96% from 2025 to 2032, reaching nearly USD 331.86 Billion. Automotive Telematics Insurance Market Overview: The Automotive Telematics Insurance Market, often referred to as Usage-Based Insurance (UBI), represents the convergence of telecommunications and informatics within the auto insurance sector. This market revolves around theโ€ฆ
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, Targeting US$ 7.88 Bn by 2030
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, T โ€ฆ
Artificial Intelligence in Agriculture Market size is expected to grow at 21.5% throughout the forecast period, reaching nearly US$ 7.88 Bn by 2030 Artificial Intelligence in Agriculture Market Overview: The Artificial Intelligence in Agriculture market represents the integration of advanced computational technologies into farming practices to enhance efficiency, productivity, and sustainability. This market encompasses a wide array of solutions, including predictive analytics for crop yield forecasting, computer vision systems for monitoring plantโ€ฆ
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a 6.5% CAGR
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a โ€ฆ
Offshore Support Vessels Market size was valued at USD 2510.79 Million in 2024 and the total Offshore Support Vessels revenue is expected to grow at a CAGR of 6.5% from 2025 to 2032, reaching nearly USD 4155.34 Million. Offshore Support Vessels Industry Overview: The offshore support vessels (OSV) industry provides a critical maritime logistical backbone for offshore oil and gas exploration and production activities, as well as a growing role in offshoreโ€ฆ
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.23 Trillion by 2032
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.2 โ€ฆ
Commercial Vehicles Market size was valued at USD 848.63 Billion in 2024 and the total Commercial Vehicles revenue is expected to grow at a CAGR of 4.7% from 2025 to 2032, reaching nearly USD 1225.45 Billion. Commercial Vehicles Market Overview: The commercial vehicles market is a vital segment of the global automotive industry, encompassing vehicles designed primarily for transporting goods or passengers for commercial purposes. This broad category includes light commercial vehiclesโ€ฆ

All 5 Releases


More Releases for Travel

03-19-2024 | Tourism, Cars, Traffic
AMA Research & Media LLP
Solo Travel Service Market Next Big Thing | Ftlo Travel, Weroad Travel, EL Camin โ€ฆ
The "Solo Travel Service - Market Development Outlook" Study has been added to AMA repository. The study envisage detailed qualitative as well as quantitative market data insights and follows Industry benchmark classification and NAICS standards to build strong players coverage in the study. Some of the major and emerging players identified are Exodus Travel (United Kingdom), G Adventures (Canada), Ftlo Travel (Canada), Weroad Travel (United Kingdom), EL Camino Travel (Unitedโ€ฆ
10-27-2023 | Tourism, Cars, Traffic
HTF Market Intelligence Consulting Private Limited
Honeymoon Travel Market to Witness Remarkable Growth by 2029 | AAA Travel, World โ€ฆ
HTF MI introduces new research on Honeymoon Travel covering the micro level of analysis by competitors and key business segments (2023-2029). The Honeymoon Travel explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiledโ€ฆ
10-16-2023 | Tourism, Cars, Traffic
AMA Research & Media LLP
Travel Agencies Market Giants Spending Is Going To Boom | Carlson Wagonlit Trave โ€ฆ
Advance Market Analytics published a new research publication on "Global Travel Agencies Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Travel Agencies market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy ofโ€ฆ
02-18-2023 | Science & Education
HTF Market Intelligence Consulting Pvt. Ltd.
Educational Travel Market to See Competition Rise | STA Travel, Key Travel, Elli โ€ฆ
According to HTF Market Intelligence, the Global Educational Travel market to witness a CAGR of 17.01% during forecast period of 2023-2028. The market is segmented by Global Educational Travel Market Breakdown by Application (Primary School Students, Middle & High School Students, College Students) by Type (Below 3 Days, 3 to 7 Days, Above 7 Days) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Educational Travel marketโ€ฆ
11-24-2020 | IT, New Media & Software
REPORTSANDMARKETS
Excellent Growth of Business Travel Management Service Market Key Players- Carls โ€ฆ
โ€œBusiness Travel Management Service Industry 2020 Market Research Reportโ€ A new report added by reportsandmarkets.com to its research database. Business Travel Management Service Market is segmented by Regions/Countries. All the key market aspects that influence the Business Travel Management Service market presently and will have an impact on it have been evaluated and propounded in the Business Travel Management Service market research status and development trends reviewed in the newโ€ฆ
09-07-2020 | Tourism, Cars, Traffic
Ample Market Research & Consulting Private Limited
Honeymoon Tourism Market Is Thriving Worldwide : China Travel, HRG North America โ€ฆ
A fresh market research study titled Honeymoon Tourism Market explores several significant facets related to Honeymoon Tourism Market covering industry environment, segmentation analysis, and competitive landscape. Realistic concepts of the market are mentioned in a simple and plain manner in this report. A comprehensive and elaborate primary analysis report highlights numerous facts such as development factors, business enhancement strategies, statistical growth, financial gain or loss to help readers and clientsโ€ฆ