According to a new report Online Travel Bookings Market (2017-2023), published by KBV Research, the Online Travel Bookings Market is expected to attain a market size of $1,143.6 billion by 2023, growing at a CAGR of 10.8% during the forecast period.
The North America market dominated the Global Online Travel Agencies Online Travel-Bookings Market by Region in 2016; growing at a CAGR of 11.6 % during the forecast period. The Europe market is expected to witness a CAGR of 12.6% during (2017 - 2023). Additionally, The Asia Pacific market is expected to dominate the market by 2023, growing at CAGR of 15.3% during (2017 - 2023).
The Transportation market dominated the Global Online Travel-Bookings Market by Service Type in 2016, and would continue to be a dominant market till 2023 growing at a CAGR of 9.9 % during the forecast period. The Accommodation market is expected to witness a CAGR of 11.3% during (2017 - 2023). Additionally, The Others market is expected to witness highest CAGR of 12.2% during (2017 - 2023).
The Desktop Based market dominated the Global Online Travel-Bookings Market by Platform Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 9.3 % during the forecast period. The Mobile Based market would attain market value of $491,769.0 million by 2023.
Based on the Analysis presented in the Cardinal matrix, Priceline Group Inc. and Expedia, Inc. are the forerunners in the Online Travel Bookings market. Companies such as TripAdvisor LLC, Fareportal (Cheapoair.Com) and MakeMytrip Limited are some of the key innovators in Online Travel Bookings Market.
KBV Cardinal Matrix - Online Travel Bookings Market
Source: KBV Research Analysis, Company Publications and Secondary Research
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global Online Travel Bookings Market have been discussed in the report along with the elaborated company profiles of Expedia, Inc., Priceline Group Inc., TripAdvisor LLC, MakeMytrip Limited, Hostelworld Group, Thomas Cook Group Plc., Fareportal (Cheapoair.Com), Airbnb, Inc., and Ctrip.Com International, Ltd.
Full report - https://www.kbvresearch.com/online-travel-bookings-market/
Online Travel Bookings Market Segmentation
By Service Types
By Mode of Bookings
By Platform Types
By Age Groups
By Geographies
Companies Profiled
Unique Offerings from KBV Research
Related Reports:
North America Online Travel Bookings Market (2017-2023)
Europe Online Travel Bookings Market (2017-2023)
Asia Pacific Online Travel Bookings Market (2017-2023)
LAMEA Online Travel Bookings Market (2017-2023)
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