The tourism industry, the share of online travel agencies for bookings will keep growing. Therefore, the online booking engines are using software to provide instant payment & booking confirmation. The use of software have replaced traditional bookings, which earlier required agents to manage all reservations manually. This factor is playing a major role in boosting the use of travel agency software among the travel agencies.
MARKET DYNAMICS
Owing to the fact that the client spends hundreds of dollars on online research & travel planning activities, need for minimizing that cost is also increasing which is driving the demand of software among the enterprises. Moreover, the travel businesses are seeking for modern solutions to fulfill the rising need of individuals and corporate businesses for travelling purpose. This aspect is anticipated to provide ample of growth opportunities to the players operating in the travel agency software market.
MARKET SCOPE
The "Global Travel Agency Software Market Analysis to 2028"? is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the travel agency software market with detailed market segmentation -deployment mode, component, organization size, and geography. The global travel agency software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading travel agency software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global travel agency software market is segmented on the basis of deployment mode, component, organization size. Based on deployment mode, the travel agency software market is segmented into on-premise, cloud. On the basis of component, the travel agency software market is segmented into solution, services. Based on organization size, the travel agency software market is segmented into SMEs, large enterprises.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global travel agency software market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The travel agency software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the travel agency software market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the travel agency software in these regions.
MARKET PLAYERS
The reports cover key developments in the travel agency software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from travel agency software market are anticipated to lucrative growth opportunities in the future with the rising demand for travel agency software in the global market. Below mentioned is the list of few companies engaged in the travel agency software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the travel agency software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Lemax
- PHPTRAVELS
- SutiSoft, Inc
- Traveltek
- Technoheaven
- Travel Operations A/S
- Trawex Technologies
- Travel Connection Technology
- Teenyoffice
- TravelCarma
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.