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Online Travel market Research Report by Forecast to 2023

Online Travel market 2020 u2013 2023: Global Leading Growth Drivers, COVID u2013 19 Analysis, Business Trends, Sales Revenue, Emerging Technologies, Industry Segments, Profits and Regional Study

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Online Travel market Research Report by Forecast to 2023

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  1. Online TravelMarketResearch Report By Forecast to 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. Online TravelMarket The online travel market 2020 could potentially reach a valuation of USD 1,134.55 billion by 2023, confirms Market Research Future (MRFR). MRFR also estimates the market progression rate to be 13.16% between 2018 and 2023 (review period). We will provide covid-19 impact analysis with the report. The report offers an in-depth analysis of the market following the coronavirus disease outbreak. www.marketresearchfuture.com

  3. Online TravelMarket “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on Internet of Online TravelMarketForecast To 2023” • The worldwide economic crisis along with the downfall in consumer spending post the SARS-CoV-2 outbreak has emerged as a significant challenge for the Online Travel Marketintermediaries. The massive threat to the lodging and airline bookings has pressured travel companies to shut down their operations and lay off workforces in a space of few months. According to the impact analysis on COVID-19, the short term impact on the online travel industry has been significantly high and can remain in the near future. The long-term impact of COVID-19 can lead to continuous practice of social-distancing in the industry. The same proportions of lodging and airline bookings cannot be expected as before. However, since the prices are expected to rise considerably, there will be a surge in the cash flow as people need to travel. This could give rise to lucrative opportunities for the online travel agencies around the globe. These developments are expected to take place in the coming period, even as countries strive to find a covid-19 breakthrough. • Post novel coronavirus, businesses worldwide are expected to experience a significant transition, where the ICT industry can be the biggest gainer. A number of IT vendors have already digitized their processes and have spent considerably on collaboration tools and modern infrastructure to facilitate remote delivery models and also secure their workspaces. The fast adoption of digital transformation has been in line with the emerging mobility and cloud trends. In a nutshell, the expanding IT industry coupled with the prevalence of the digitalization trend can work in favor of the online travel market. www.marketresearchfuture.com

  4. Online TravelMarket Regional Analysis The geographical analysis of the online travel market is done for North America, Europe, Asia-Pacific, and the rest of the world. In 2017, North America led the market with a share of 33.75% and held the value of USD 192.46 billion. It is projected that the North American market can achieve a growth rate of 11.8% during the assessment timeline. The same year, the second position was held by Europe at a value of USD 178.72 billion; and estimations indicate that the regional market can progress at a rate of 12.0%. The APAC market can gain the fastest growth rate of 15.9% in the following years. The influx of automation, augmented and virtual reality and big data have created several opportunities for the travel agencies in North America. The online travel market in the region is booming, backed by the rising demand for CRM solutions across diverse industries, combined with the increasing use of the mobile booking technology as well as travel apps. In Europe, the thriving travel and tourism industry forms the core of the economy and generates high degree of employment. The expansion of the tourism sector in the region is the biggest growth booster in the online travel market in Europe. Browse Report @ https://www.marketresearchfuture.com/reports/online-travel-market-5182 www.marketresearchfuture.com

  5. Online TravelMarket Application & Major Players in this Research: Online TravelMarketProminent Players: • Alibaba Group Holding Limited (China), • TripAdvisor Inc. (US), • eDreams ODIGEO SA (Luxembourg), • FlixMobility GmbH (Germany), • Ctrip.com International Ltd (China), • Thomas Cook Group PLC (UK), • MakeMyTrip (India) Pvt. Ltd (India), • Airbnb Inc. (US), • Ryanair DAC (Ireland), • Expedia Inc. (US) Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/3957 www.marketresearchfuture.com

  6. Online TravelMarket Online TravelMarketSegmented on the basis of • Segment: • Platform type, booking and service type are the main segment according to which the market review has been conducted in the report. • The platform types include desktop-based platform as well as mobile/tablets based. • The booking-wise market segmentation comprises direct travel facilitators and online travel agencies. • Depending on the service type, the primary segments include accommodation (hotels and guest house/dormitory), vacation packages (in-country and outside country) and transportation (air travel, train travel, bus travel and others). www.marketresearchfuture.com

  7. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com

  8. MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) www.marketresearchfuture.com

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