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Mobile Travel Booking Market Size, Share | Opportunities

The global mobile travel booking market was valued at $228.4 billion in 2021, and is projected to reach $612.5 billion by 2031, growing at a CAGR of 10.7% from 2022 to 2031.

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Mobile Travel Booking Market Size, Share | Opportunities

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  1. Mobile Travel Booking Market Worth $612.5 billion by 2031 | CAGR 10.7

  2. Mobile Travel Booking Market Overview

  3. COVID-19 Impact The unsecured business loans market has been negatively impacted by the COVID-19 pandemic, as travel restrictions and lockdowns were put in place, the demand for travel dropped significantly. This led to a decrease in mobile travel bookings as people cancelled or postponed their travel plans. Due to the decrease in demand, many mobile travel booking companies saw a significant loss of revenue. Some companies were forced to cut costs, lay off employees, or shut down their operations entirely. In addition, due to travel restrictions and lockdowns, many people have had to alter their travel plans. As a result, mobile travel booking platforms have seen increased usage for trip planning, including researching destinations, reviewing travel advisories, and finding alternative modes of transportation. Furthermore, the pandemic led to the emergence of new competitors in the mobile travel booking market, such as airlines and hotels that started offering their own booking services. This increased the competition for mobile travel booking companies and put further pressure on their revenue and growth. Therefore, the pandemic had a negative impact on the mobile travel booking industry.

  4. Key Players

  5. Key findings of the study

  6. Mobile Travel Booking Market Report Highlights By Application By Payment Mode By Tourism Type

  7. By Region North America Asia-Pacific

  8. Contact Us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

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