Market Overview:
The global airline booking platforms market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for air travel, rising disposable income, and technological advancements. In terms of type, the global airline booking platforms market is segmented into online travel agencies (OTAs) and tickets comparison engines. The OTA segment is expected to grow at a higher CAGR than the tickets comparison engine segment during the forecast period. This can be attributed to the growing demand for online bookings and increased adoption of mobile devices for making bookings. In terms of application, the global airline booking platforms market is divided into international airline bookings and domestic airline bookings segments. The international airline booking segment is projected to grow at a higher CAGR than the domestic airline booking segment during 2018-2030 owing to an increase in outbound tourism across regions such as North America, Latin America, Europe Asia Pacific ,and Middle East & Africa .
Product Definition:
An airline booking platform is a type of software that allows people to book flights. It usually includes a search engine that helps users find the best deals on airfare. Airline booking platforms also allow people to book hotels and rental cars, making them a one-stop shop for travel planning.
OTA:
Online Travel Agency (OTA) is a travel agent that helps consumers to book hotel, flight and car rental through its website. OTA has been dominating the global market due to its advanced features such as price comparison, easy availability of flights and hotels on their websites along with other benefits like user-friendly web portals.
Tickets Comparison Engine:
The tickets comparison engine is a tool that helps consumers to compare different airlines and their services. It also helps consumers to choose the most suitable airline for them depending upon their travel dates, destinations, and preferred class of service. The main function of these platforms is to help customers compare flights from multiple airlines at one place. These platforms also provide information about the flight including its duration, number of connections, when does it leave and arrive etc.
Application Insights:
The international airline booking platforms market, dominated the overall industry in terms of revenue share in 2017. The growth can be attributed to the increasing number of air travelers across the globe. International airlines operate on scheduled and charter flights connecting various cities, which offer different types of fares according to duration, type and class of service etc. OTA sites enable users to compare various offers from different travel agents/airlines in a single location thereby aiding them with easy access for booking tickets online.
The domestic segment is expected to witness significant growth over the forecast period owing to rising disposable income among consumers coupled with improved standard of living resulting in increased demand for air transportation services within a country or between countries.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing online travel and growing adoption of smartphones, tablets, and personal computers. Furthermore, airlines are also making use of social media platforms to engage with customers and manage their expectations about service quality. For instance, American Airlines has its own Facebook page while Delta Airlines has a Twitter account for customer support purposes. Moreover high-speed internet connectivity is available at every seat in this region which allows passengers to book airline tickets from anywhere at any time without having any trouble or restriction whatsoever.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising disposable income among middle-class population groups especially in China.
Growth Factors:
- Increasing demand for air travel: The global airline industry is expected to grow at a CAGR of 5.8% during the forecast period, owing to the increasing demand for air travel from both developed and developing countries. This is mainly due to the rise in disposable income, globalization, and urbanization.
- Emergence of low-cost carriers: The growth of low-cost carriers (LCCs) has led to an increase in competition among airlines, which has resulted in a reduction in fares and an increase in passenger traffic. LCCs account for more than 50% of the total airline market share across Europe and North America.
- Technological advancements: Airlines are increasingly adopting new technologies such as blockchain technology, big data analytics, artificial intelligence (AI), machine learning (ML), etc., to improve their operational efficiency and customer experience.. These technologies are helping airlines reduce costs, optimize operations, personalize services for customers, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Airline Booking Platforms Market Research Report
By Type
OTA, Tickets Comparison Engine
By Application
International Airline Booking, Domestic Airline Booking
By Companies
Booking Holdings, Lastminute, Cheapflights, Expedia, Etraveli, Kiwi.com s.r.o., Travix International, Ctrip, Qunar, Yahoo, Rakuten, Orbitz, easyJet, momondo, iGola
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Airline Booking Platforms Market Report Segments:
The global Airline Booking Platforms market is segmented on the basis of:
Types
OTA, Tickets Comparison Engine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
International Airline Booking, Domestic Airline Booking
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Booking Holdings
- Lastminute
- Cheapflights
- Expedia
- Etraveli
- Kiwi.com s.r.o.
- Travix International
- Ctrip
- Qunar
- Yahoo
- Rakuten
- Orbitz
- easyJet
- momondo
- iGola
Highlights of The Airline Booking Platforms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OTA
- Tickets Comparison Engine
- By Application:
- International Airline Booking
- Domestic Airline Booking
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Airline Booking Platforms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Airline booking platforms are online tools that allow customers to search for and compare flights, book tickets, and receive notifications about flight delays or cancellations. Airlines use these platforms to manage their customer relationships and track customer activity.
Some of the major companies in the airline booking platforms market are Booking Holdings, Lastminute, Cheapflights, Expedia, Etraveli, Kiwi.com s.r.o., Travix International, Ctrip, Qunar, Yahoo, Rakuten, Orbitz, easyJet, momondo, iGola.
The airline booking platforms market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airline Booking Platforms Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Airline Booking Platforms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airline Booking Platforms Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Airline Booking Platforms Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Airline Booking Platforms Market Size & Forecast, 2018-2028
4.5.1 Airline Booking Platforms Market Size and Y-o-Y Growth
4.5.2 Airline Booking Platforms Market Absolute $ Opportunity
Chapter 5 Global Airline Booking Platforms Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Airline Booking Platforms Market Size Forecast by Type
5.2.1 OTA
5.2.2 Tickets Comparison Engine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Airline Booking Platforms Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Airline Booking Platforms Market Size Forecast by Applications
6.2.1 International Airline Booking
6.2.2 Domestic Airline Booking
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airline Booking Platforms Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Airline Booking Platforms Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Airline Booking Platforms Analysis and Forecast
9.1 Introduction
9.2 North America Airline Booking Platforms Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Airline Booking Platforms Market Size Forecast by Type
9.6.1 OTA
9.6.2 Tickets Comparison Engine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Airline Booking Platforms Market Size Forecast by Applications
9.10.1 International Airline Booking
9.10.2 Domestic Airline Booking
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Airline Booking Platforms Analysis and Forecast
10.1 Introduction
10.2 Europe Airline Booking Platforms Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Airline Booking Platforms Market Size Forecast by Type
10.6.1 OTA
10.6.2 Tickets Comparison Engine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Airline Booking Platforms Market Size Forecast by Applications
10.10.1 International Airline Booking
10.10.2 Domestic Airline Booking
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Airline Booking Platforms Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Airline Booking Platforms Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Airline Booking Platforms Market Size Forecast by Type
11.6.1 OTA
11.6.2 Tickets Comparison Engine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Airline Booking Platforms Market Size Forecast by Applications
11.10.1 International Airline Booking
11.10.2 Domestic Airline Booking
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Airline Booking Platforms Analysis and Forecast
12.1 Introduction
12.2 Latin America Airline Booking Platforms Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Airline Booking Platforms Market Size Forecast by Type
12.6.1 OTA
12.6.2 Tickets Comparison Engine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Airline Booking Platforms Market Size Forecast by Applications
12.10.1 International Airline Booking
12.10.2 Domestic Airline Booking
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Airline Booking Platforms Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Airline Booking Platforms Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Airline Booking Platforms Market Size Forecast by Type
13.6.1 OTA
13.6.2 Tickets Comparison Engine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Airline Booking Platforms Market Size Forecast by Applications
13.10.1 International Airline Booking
13.10.2 Domestic Airline Booking
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Airline Booking Platforms Market: Competitive Dashboard
14.2 Global Airline Booking Platforms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Booking Holdings
14.3.2 Lastminute
14.3.3 Cheapflights
14.3.4 Expedia
14.3.5 Etraveli
14.3.6 Kiwi.com s.r.o.
14.3.7 Travix International
14.3.8 Ctrip
14.3.9 Qunar
14.3.10 Yahoo
14.3.11 Rakuten
14.3.12 Orbitz
14.3.13 easyJet
14.3.14 momondo
14.3.15 iGola
