Travel technologies are IT solutions used by airline companies, hotels, and OTAs to manage end-to-end travel solutions. IT solutions such as travel network management solution GDS, mobile solution, platform solutions, e-commerce software solution, data management solutions, and digital marketing solutions are primarily implemented in the travel industry.
Technavio’s analysts forecast the global travel technologies market to grow at a CAGR of 8.3% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global travel technologies market for 2017-2021. To calculate the market size, the report considers the revenue generated in the form of incentive payments for air, car, and hotel segments processed through a GDS.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Travel Technologies Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver - Continued emphasis on cost saving by travel suppliers. - For a full, detailed list, view our report
Market challenge - Increased complexity due to high volumes of data. - For a full, detailed list, view our report
Market trend - Increasing adoption of biometrics and wearable technology. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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