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Travel Technologies Market is Expected to Register a CAGR of 8.3% During the Period 2017 to 2021 Globally

06-12-2017 03:13 PM CET | Tourism, Cars, Traffic

Press release from: Big Market Research

Travel Technologies

Travel Technologies

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Recent research has announced the addition of the Global Travel Technologies Market is expected to register a CAGR of 8.3% during the period 2017–2021. The services offered by a data center facility can be identified based on a tier system, ranking from one to four, which indicates the physical infrastructure, cooling, power, promised uptime, and redundancy levels in the said facility. Travel technologies are IT solutions used by airline companies, hotels, and OTAs to manage end-to-end travel solutions. IT solutions such as travel network management solution GDS, mobile solution, platform solutions, e-commerce software solution, data management solutions, and digital marketing solutions are primarily implemented in the travel industry.

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Travel Technologies market is currently in enhancing its dynamics owing to its wide range of scope. The research methodology incorporated in the report helps new entrants to have a proper hold of the present industry scenario. In addition, the research discusses the countries that are leading in the industry within its geographical boundaries. It also explores key manufacturers of the industry, such as Amadeus, Sabre and Travelport.

It also discussed other prominent vendors of the market are CRS Technologies, Dolphin Dynamics, ecare Technology Labs, Expert Travel Services, Fourth Dimension Software, Lemax, mTrip, PCVoyages 2000, Qtech Software, Technoheaven Consultancy, Toursys Solutions, Tramada Systems, TravelCarma, Trip Solutions and Web Booking Expert. It explains the industry landscapes in terms of contribution made by the market, such as its revenue and its potential buyers & sellers. It incorporates the Porter’s Five Forces Analysis (PFFA) to understand competitive scenario among big market players. Based on regions, the research segments the industry into America, APAC, and EMEA.

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The report assesses the factors that facilitate the growth of the global Travel Technologies market, such as Continued emphasis on cost saving by travel suppliers and For a full, detailed list, view our report. It also evaluates the aspects that hinders the industry which are Increased complexity due to high volumes of data and For a full, detailed list, view our report. It examines the impact of these factors upon the market. The study gives a considerable significance to the aspects that help to make predictions of the industry which includes industry trends. It provides a decision framework within which helps manufacturers to estimate future possible opportunities. It offers a competitive landscape of key vendors on the basis of criterions set by the experts. This helps the stakeholders to quickly scan the investment pockets. The report includes list of appendixes and abbreviations in the end. The research on the global Travel Technologies market enlists the abovementioned parameters in the form of exhibits.

The report takes a closer look at various characteristics that enables the manufacturers, stakeholders, and new entrepreneurs to estimate the consumer behavior of the global Travel Technologies market.

Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
Market overview
Countries covered
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Global travel technology market segmentation by product
Global distribution system market
Global airlines and hospitality IT solution market
Market size and forecast
PART 07: Geographical segmentation
Global travel technologies market by geography
EMEA
Americas
APAC
PART 08: Market drivers
Digitalization of travel industry
Need to automate travel management systems
Continued emphasis on cost saving by travel suppliers
Increased adoption of mobility solutions
Stringent government regulations and compliance standards
PART 09: Impact of drivers
PART 10: Market challenges
System integration issues
Increased complexity due to high volumes of data
Lack of travel technology product differentiation
Uncertain economic conditions
PART 11: Impact of drivers and challenges
PART 12: Market trends
Emergence of augmented reality
Rise of Internet of Things
Increasing adoption of biometrics and wearable technology
Emergence of cloud computing
Advent of big data technology and BI solutions
PART 13: Vendor landscape
Competitive scenario
Other prominent vendors
PART 14: Key vendor profile
Amadeus
Sabre
Travelport
PART 15: Appendix

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