Travel Technology Business Report 2023-2030 with Competitive Analysis of 80+ Featured Players including Accenture, Amazon Web Services, Amadeus, and Emerging Travel Group.

Global Travel Technologies Market

Dublin, Aug. 06, 2024 (GLOBE NEWSWIRE) — The report “Travel Technologies – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s an offering.

The global Travel Technologies market is estimated at $5.8 Billion in 2023 and is projected to reach $10.7 Billion in 2030, growing at a CAGR of 9.0% from 2023 to 2030. This comprehensive report provides with in-depth analysis of market trends, drivers, and forecasts, that help you make informed business decisions.

The growth of the travel technology market is driven by several factors. First, the growing demand for a personalized and convenient travel experience is a major driver, with travelers looking for tailored recommendations and intuitive booking processes. Second, advances in AI and machine learning are enabling the development of advanced tools that improve customer service and operational efficiency.

Third, the proliferation of mobile applications and the growing choice of anonymous solutions are accelerating the adoption of digital travel tools. Additionally, the availability of big data analytics empowers travel companies to make data-driven decisions and improve their offerings. Finally, the need for real-time information and support during travel drives the need for new travel technologies that improve the overall travel experience.

Why You Should Buy This Report:

• Comprehensive Market Analysis: Get a comprehensive analysis of the Global Travel Technologies Market, covering all major geographies and market segments.

• Competitive Outlook: Get an overview of the competitive landscape, including the market presence of major players across different geographies.

• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Travel Technologies Market.

• Actionable Insights: Benefit from insights that can help you identify new revenue opportunities and make strategic business decisions.

Important information:

• Market Growth: Understand the growth rate of the Global Distribution System (GDS) segment, which is expected to reach $7.2 Billion by 2030 at a CAGR of 8.0%. The Airline & Hospitality IT Solutions segment is also poised to grow at 11.2% CAGR during the review period.

• Regional Analysis: Get insight into the US market, estimated at $1.5 Billion by 2023, and China, predicted to grow at an impressive 10.5% CAGR to reach $2.6 Billion by 2030. Discover growth trends in the regions other important ones, including Japan, Canada, Germany. , and Asia-Pacific.

The story continues

Report Features:

• Complete Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.

• In-depth Regional Analysis: Detailed information on key markets, including the US, China, Japan, Canada, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

• Company Profiles: Performance of major players such as Accenture PLC, Amazon Web Services, Inc., Emerging Travel Group, and others.

• Free updates: Get free report updates for a year to keep you updated on the latest market developments.

Key Features:

GENERAL MARKET

• Introduction to Travel Technology

• Global Market Outlook and Outlook

• GDS Appears to be the Largest Segment

• Competition

• Travel Technologies – Global Competitors Market Share in Percentage by 2024 (E)

• Competitive Market Presence – Strong/Active/Niche/Not Small for Global Players in 2024 (E)

• Types of Earth

• Recent Market Activity

MARKET NEWS

• The Business Travel Strategy: A Major Expertise on the Growth of the Travel Technology Market

• Hotel Industry Embraces Next Generation Technology Amid Changing Work Environment

• Digital Transformation Driven to Improve Guest Experience

• Technological Trends Changing the Hospitality and Travel Industry

• The Growing Role of New Technology in the Travel Industry

• Pandemic-Led Tech Trends Drive Travel Sector Transformation

• Tips on Fuel Market Outlook

• Increasing Inclusion of Big Data in Travel Technology Solutions

• Global Big Data Revenue and Business Analysis in US$ Billion for 2020, 2022, 2024 and 2026.

• The Growing Role of AI and ML in the Travel and Tourism Industry

• Blockchain Technology to Revolutionize the Travel Industry

• Mobile Devices: A Preferred Method for Travel Technologies

• Global Shipments of Smartphones (in Million Units) for 2020 to 2025

• Next Generations of 5G Internet to Benefit from Travel Technology

• Virtual Reality Technology to Transform the Tourism Industry with a Greater Experience

• Augmented Reality Gains Popularity in the Travel Industry

• Robotic Process Automation Technology Supports the Automation of Repetitive Processes

• Robots to Automate the Reception Desk

• Biometric Recognition Technologies for Automatic Identification and the confirmation in Hotels and Payments

• Smart Communication Agencies Are Emerging as Best Solutions for Customer Support in the Travel and Tourism Industry.

• Rising Smart Connected Devices Drives Adoption of IoT Technologies in the Travel Industry

• Global Number of Connected IoT Devices (in Billion) for the Years 2016, 2018, 2020, 2022 & 2025

• Just as the Online Travel Booking Market Has Impacted Due to COVID-19, the Travel Technologies Market Will Be Affected

• Online Travel Market Size (in Billion US Dollars) for the Years 2018, 2022 & 2026

• Latest Technologies Emerging to Solve Challenges Facing the Online Travel Industry

• Global Distribution System Market: Overview

• Smart Hospitality Gathers Steam

• Expanding Cities, Consumer Trends Set the Tone for the Travel & Tourism Technology Market

• Challenges Facing the Travel Technology Market

KNOW HOW TO SELECT PLAYERS (Total 83 Shown)

• Accenture PLC

• Amazon Web Services, Inc.

• Emerging Travel Group

• Amadeus IT Group SA

• Fareportal

• BCD Travel

• Group Booking Holdings Inc.

• Cybage Software Pvt. Ltd.

• The Expedia team

• AltexSoft

• ACL Digital

• American Express Global Business Travel

• in Travos

• Shares of Amadeus Hospitality Americas, Inc.

• DerbySoft

To get more information about this report visit https://www.researchandmarkets.com/r/r1f3cg

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of market research reports and market data. We provide you with the latest information on international and regional markets, key industries, top companies, new products and the latest trends.

Adhesive

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900