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The travel services market in India is forecasted to grow by USD 23.61 billion during 2024-2029, accelerating at a CAGR of 15.3% during the forecast period. The report on the travel services market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of mergers, partnerships, and strategic alliances, increasing international tourist footfall, and rising adoption of online payment platforms.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The travel services market in India is segmented as below:
By Mode Of Booking
- Online
- Offline
By Service
- Domestic flight services
- Hotel accommodation services
- Rail ticket services
- Cab services
- Others
By Geographical Landscape
- APAC
The report on the travel services market in India covers the following areas:
- Travel Services Market in India sizing
- Travel Services Market in India forecast
- Travel Services Market in India industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Mode of Booking
9 Market Segmentation by Service
10 Customer Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the travel services market in india: Airbnb Inc., ANI Technologies Pvt. Ltd., Booking Holdings Inc., Cleartrip Pvt. Ltd., Easy Trip Planners Ltd, Expedia Group Inc., Indian Railway Catering and Tourism Corp. Ltd, ITC Hotels Limited, Kesari Tours Pvt. Ltd., Le Travenues Technology Ltd, Mahindra Holidays and Resorts India Ltd, MakeMyTrip Ltd., Oravel Stays Ltd., The Travel Corp., Thomas Cook India Ltd., Treebo Hotels, TripAdvisor Inc., Uber Technologies Inc., and Yatra Online Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is introduction of low-cost airlines."
According to the report, one of the major drivers for this market is the increase in number of mergers, partnerships, and strategic alliances.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbnb Inc.
- ANI Technologies Pvt. Ltd.
- Booking Holdings Inc.
- Cleartrip Pvt. Ltd.
- Easy Trip Planners Ltd
- Expedia Group Inc.
- Indian Railway Catering and Tourism Corp. Ltd
- ITC Hotels Limited
- Kesari Tours Pvt. Ltd.
- Le Travenues Technology Ltd
- Mahindra Holidays and Resorts India Ltd
- MakeMyTrip Ltd.
- Oravel Stays Ltd.
- The Travel Corp.
- Thomas Cook India Ltd.
- Treebo Hotels
- TripAdvisor Inc.
- Uber Technologies Inc.
- Yatra Online Inc.