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The travel market is forecasted to grow by USD 5.50 trillion during 2023-2028, accelerating at a CAGR of 18.52% during the forecast period. The report on the travel market 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 growing popularity of experiential travel, growth of medical tourism industry, and increasing promotion of tourism by governments.
The travel market is segmented as below:
By Sector
- Transportation
- Hotel
- Travel activities
By Type
- Leisure
- Business
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the travel market covers the following areas:
- Travel market sizing
- Travel market forecast
- Travel market industry analysis
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 an analysis of the key vendors.
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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Sector
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global travel market: Accor S.A., American Express Global Business Travel GBT, Balkan Holidays Ltd., BCD Travel Services BV, Booking Holdings Inc., Carlson Inc., Corporate Travel Management Ltd., Expedia Group Inc., Fareportal Inc., Flight Centre Travel Group Ltd., G Adventures, JPMorgan Chase and Co., JTB Corp., MakeMyTrip Ltd., Marriott International Inc., Omega World Travel Inc., PT Global Digital Niaga, Traveloka, The Scott Travel Group Ltd., Travel Leaders Group Holdings LLC, World Travel Holdings, and World Travel Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing international tourist footfall."
According to the report, one of the major drivers for this market is the growing popularity of experiential travel.
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:
- Accor S.A.
- American Express Global Business Travel GBT
- Balkan Holidays Ltd.
- BCD Travel Services BV
- Booking Holdings Inc.
- Carlson Inc.
- Corporate Travel Management Ltd.
- Expedia Group Inc.
- Fareportal Inc.
- Flight Centre Travel Group Ltd.
- G Adventures
- JPMorgan Chase and Co.
- JTB Corp.
- MakeMyTrip Ltd.
- Marriott International Inc.
- Omega World Travel Inc.
- PT Global Digital Niaga
- Traveloka
- The Scott Travel Group Ltd.
- Travel Leaders Group Holdings LLC
- World Travel Holdings
- World Travel Inc.
