Press release
Growth rate of top online travel markets decreasing, says yStats.com report
A new publication from Germany-based yStats.com, “Top 5 Online Travel Markets 2016” tells of a slowing growth rate for the online travel sales in the largest markets by volume. CEO and founder of yStats.com, Yücel Yelken, says that the report also highlights important recent trends in online travel such as peer-to-peer travel arrangements and the use of mobile devices.The volume of online travel bookings is increasing worldwide, according to the new research from yStats.com. The USA will remain the largest single market in the near future, but China, in the number 2 spot will grow faster and approach the sales level of the leader. The UK at number 3 stays ahead of Germany thanks to the higher percentage of travelers who make online bookings. An increasing share of the online bookings are made through mobile devices in Japan, in the fifth position of the top 5.
Among the predictions cited in the new report from yStats.com is that the Asia-Pacific region will overtake North America in online travel sales within the next couple of years. Also, peer-to-peer transportation and accommodation services which have grown much faster than traditional online travel platforms will continue their rapid growth. Overall the global travel market is projected to grow at double-digit rates through 2018, then decline to a rate of less than 10%.
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ysta
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 Growth rate of top online travel markets decreasing, says yStats.com report here
News-ID: 377333 • Views: …
More Releases from yStats.com GmbH & Co. KG

The global B2C E-Commerce market is expected to double from 2022 to 2025: New re …
[Hamburg, Germany - September 14, 2023] - The latest release from Hamburg-based market research company yStats.com, titled "Global B2C E-Commerce Market 2023," provides an overview of global trends in the B2C E-Commerce market and insights into the growth potential of various markets through key figures, forecasts, and trends.
B2C E-Commerce market initially experiences strong growth followed by a moderate growth outlook.
While the world witnessed a boom in online shopping during the…

B2C E-Commerce sales in Eastern Europe projected to rise in 2019, reports yStats …
yStats.com, Hamburg-based desk research firm specialized in E-Commerce & Online Payment market intelligence, has released a new publication: “Eastern Europe B2C E-Commerce Market 2019”. According to this report’s findings, online retail sales in the countries of Eastern Europe are expected to maintain double-digit growth in 2019.
More consumers in Eastern Europe shop online
Online shopper penetration is on the rise across Eastern Europe, but remains behind that of Western Europe. In the…

New report from yStats.com suggests continued expansion of online retail in Viet …
A recent publication from Hamburg-based business intelligence company yStats.com, “Vietnam B2C E-Commerce Market 2019,” projects continued strong growth of the online retail sector in the Southeast Asia nation through the middle of the next decade. Factors contributing to the growth include the entry of regional and global online merchants in Vietnam, plus the growing Internet connectivity through mobile phones.
Online retail sales year on year to increase at a double-digit…

Online retail sales in Thailand projected to continue strong growth: yStats.com …
The latest publication from Hamburg-based research firm yStats.com, “Thailand B2C E-Commerce Market 2019,” reveals the expectation of continued year-to-year online retail sales increases. Thailand’s mobile and social shopping trends make it one of the leaders in the region in total web-base sales.
Internet connection increase and social media shopping result in more online shoppers
Thailand’s constant rate of growth of internet connectivity and the growing comfort of connected individuals in making purchases…
More Releases for Germany
Robot End Effector Market Size in 2023 To 2029 | Schunk (Germany), Schmalz (Germ …
The report offers a detailed measurement of the drivers, development, and prospects that have a direct impact on the Robot End Effector market. The market study contains an in-depth analysis of the international Robot End Effector Market based on the key boundaries that encompass the drivers, sales inquiry, market limits & share. The report further highlights assessing the market size of four key regions, namely North America, Europe, Asia-Pacific, and…
Germany Agriculture Market, Germany Agriculture Industry, Germany Agriculture Da …
Agriculture is important sector for the Germany’s food security and also a provider of jobs. More than half of country’s national territory is used for farming. Approximately 1 million people currently work part-time or full-time in agricultural holdings. Key agricultural products include milk, cereals, potatoes, barley, cabbages, pork, beef, poultry, wheat, and sugar beets. In some regions fruits & vegetables, wine and other horticultural products play a significant role. Agricultural…
High Voltage System Market 2020: Top Key Players Are Bosch (Germany), Continenta …
High Voltage System Market Overview:
Research report on The High Voltage System Market by ‘Market Growth Insight’ covers deep analysis on key factors that directly influence the market growth including impact of COVID-19. The report is a thorough study of drivers, opportunities, restraints, challenges, and risks associated with the High Voltage System market to help the players plan their growth activities and strategies carefully, while considering these crucial factors. The High…
Product Engineering Services Market Outlook 2024 By Key Players: Accenture PLC(G …
Product Engineering Services Market reports report offers a comprehensive evaluation of the global market analysis (2019-2024). This 94 pages research study involves the extensive use of both primary interviews and secondary research data sources. The report consists of market share, size, CAGR, industry analysis, go to market strategy, SWOT analysis, sales, revenue, key players, information on products and application, competitive insights, value chain, and macroeconomic analysis etc.
The product engineering is…
High Voltage System Market Scenario Highlighting Major Drivers & Trends, 2019 …
High Voltage System Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation…
Global Contrast Sensor Market 2025 | BALLUFF(Germany), CONTRINEX(Swizerland), Di …
Researchmoz added Most up-to-date research on "Global Contrast Sensor Market Insights, Forecast to 2025" to its huge collection of research reports.
The Contrast Sensor market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the…