online travel market
Online Travel Market Set to Reach $765.3 Billion by 2025, With COVID-19 Accelerating Digitization, Says GlobalData
GlobalData | February 24, 2022
COVID-19 has accelerated the need for companies within the travel and tourism industry to rapidly invest in digital strategies including the global online travel market which is expected to grow at a compound annual growth rate (CAGR) of 8% to reach $765.3 billion between 2022 and 2025, according to GlobalData. The leading data and analytics company notes that due to more consumers shifting to e-commerce, if players fail to invest in a robust digital strategy, they will allow their competitors to take a greater share of the market. GlobalData’s latest thematic report, ‘Thematic Research: Online Travel (2022)’, reveals that intermedia...
Online Travel Market is Estimated to Generate Over $1 Trillion Globally by 2022
Allied Market Research | January 19, 2017
PORTLAND, Oregon and PUNE, India, January 19, 2017 -- A new report published by Allied Market Research, titled, "Online Travel Market by Mode of Booking (Online Travel Agencies and Direct Travel Suppliers), Types of Platform (Mobile and Desktop), Service Types (Transportation, Travel Accommodation, and Vacation Packages), and Age Group (22-31, 32-43, 44-56, and >56): Global Opportunity Analysis and Industry Forecast, 2014-2022", projects that the global online travel market is estimated to reach $1,091 billion by 2022. Asia-Pacific is expected to witness the highest growth during the forecast period. Direct travel suppliers...
