Travel Technology Market during 2018-2025 | Top Prominent Key Players like Amadeus Navitaire, Sabre, Travel port, CRS Technologies, mTrip, Qtech Software, Tramada Systems, PcVoyages 2000, and Lemax
Travel technology is an addition of information and communication technology dealing with tourism and hospitality sectors. This technology enables agencies to book flights, tours, transfers, and others. It was majorly related with the airline industry that mostly dealt with computer reservation systems. Currently, the mobile devices are the most preferred medium to use travel technologies.
Global Travel Technology Market
is expected to grow at a CAGR of +18% during the forecast period 2019-2025.
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Top Key Players:
Amadeus Navitaire, Sabre, Travel
port, CRS Technologies, mTrip, Qtech Software, Tramada Systems, PcVoyages 2000,
and Lemax
Based on the region, it is
analyzed in North America, Europe, Asia-Pacific and LAMEA. The increase in
spending on business trips, and the use of social networks and big data
analysis drive travel technology market growth. However, the synchronization
problems of the booking engines and the online travel agencies (OTA) limit this
growth. A shift towards hosted and hosted SaaS solutions presents a great
opportunity for market expansion.
Travel Technology Market segment by Type, the product can be split into
·
Airline & Hospitality IT Solutions
·
Global Distribution System (GDS)
Travel Technology Market segment by Application, split into
·
Travel Industry
·
Tourism Industry
·
Hospitality Industry
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This report will provide you
inclusive point of view about the travel technology market. A different set of
players/manufacturers according to geography, regions or country is also
provided. Key players are analyzed based on the various objectives of an
organization such as profiling, the product portfolio, raw material, and the
financial health of the organization. The research mainly helps in
understanding which market segments or region or country they should focus in
upcoming years to channelize their efforts and investments to maximize growth
and profitability.
Travel Technology Market Report Highlights:
Changing industry dynamics
In-depth market segmentation
Historical, current and projected
industry size, recent industry trends
Competitive landscape
Strategies of key players and
product offerings
Potential and niche
segments/regions exhibiting promising growth
Key perspective towards market
performance
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requirements, please let us know and we will offer you the report as you want.
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