Market Overview:

The online travel market is expected to generate $110.9 billion by 2023 with a CAGR of 11.1% over the forecast period 2018-2023. Online travel providers aim to facilitate travel planning and booking for travelers. The online travel market is driven by fast and convenient flight and hotel bookings, increased customer confidence in online payments, and the ability to compare the various available travel options. Market participants today offer a variety of travel services through mobile websites and apps, as it is one of the most preferred travel booking media, especially among young professionals.

Also Read: https://pressreleasepedia.com/online-travel-market-size-share-emerg...

Key Players:

The forefront players of the global Online Travel Market Classteacher Learning Systems (India), Pearson PLC (UK), Lynda.Com (US), McGraw-Hill Education (US), Aptara Inc. (US), Blackboard Inc. (US), Adobe Systems Inc. (US), Edmodo (US), Docebo (Canada), PowerSchool Group LLC (US), K12 Inc. (US), Tata Interactive Systems (India), Udacity, Inc. (the US), and a few more.

Also Read: https://communalnews.com/blockchain-in-media-and-entertainment-mark...

Market Segmentation:

BY MODE OF BOOKING

• Online Travel Agencies

• Direct Travel Suppliers

BY TYPES OF PLATFORM

• Mobile

• Desktop

BY SERVICE TYPES

• Transportation

• Travel Accommodation

• Vacation Packages

Regional Insights:

Also Read: http://www.marketwatch.com/press-release/capacity-management-market...

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.

Company name: Market Research Future

About Market Research Future:

Also Read: https://www.globenewswire.com/news-release/2019/05/28/1853262/0/en/...

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.

Also Read: http://www.marketwatch.com/press-release/global-automotive-interior...

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics 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.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]