Global Online Booking Systems Market by Type (Cloud Based, On-Premises), By Application (SMEs, Large Enterprises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global online booking systems market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for online booking systems from SMEs and large enterprises across different regions. Additionally, the growing trend of cloud-based online booking systems is also contributing to the growth of this market.



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Product Definition:

An online booking system is a computer software that allows customers to book appointments or services over the internet. Online booking systems are often used by businesses to manage their appointments, reservations, and customer data.

The importance of online booking systems can vary depending on the business. However, common benefits include increased efficiency and convenience for customers, as well as improved staff productivity and more accurate customer data.

Cloud Based:

Cloud-based software is a type of online software that provides shared services for managing data and applications across multiple computers or devices. It also helps in storing large amounts of data on the remote server for quick access to the information. The cloud based booking systems are used by travel agents, tour operators, hotel management companies and others which help them automate their business processes and operations with minimal human intervention.

On-Premises:

On-premises software is a type of software that is installed and used on the end-users computer system. The end user will log into the On-premises system to carry out their daily operations. This includes creating, modifying, or deleting accounts; placing or canceling bookings; managing employees and clients; etc.

Application Insights:

The Small and Medium-sized Enterprises (SMEs) application segment led the global online booking systems market in 2017. SMEs are increasingly adopting online services to reduce operating costs and increase efficiency. The segment is expected to continue its dominance over the forecast period owing to factors such as a high preference for online transactions among small businesses, especially in developing countries like India, China and Brazil.

Large enterprises application segment held a significant share of the overall revenue in 2017 due to factors such as extensive use by large enterprises for various business purposes, presence of well-established IT infrastructure supporting enterprise applications across major markets and strong demand from end users regarding advanced features provided through web interfaces including mobile app integration with various services offered by hotels etc. through third party providers like Booking.com, Expedia Inc.

Regional Analysis:

North America dominated the global market in 2017. The growth of online travel booking in this region can be attributed to the presence of major players such as Expedia Inc.; Booking Holdings; Priceline Group, Inc.; and Travelocity, LLC. These companies are focusing on expanding their business across various regions by offering their services through online channels. Moreover, these companies are also acquiring new businesses to expand their service offerings for travelers across different regions. For instance, in January 2018, Expedia announced its plan to acquire Orbitz Worldwide Inc.

Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to increasing internet penetration rates coupled with rising smartphone adoption rates among users globally including emerging countries such as India and China.

Growth Factors:

Increasing demand for online booking systems from small and medium-sized businesses (SMBs) due to the advantages offered by these systems over traditional methods of booking.
The increasing penetration of internet and smartphones, which is helping to drive the adoption of online booking systems.
The growing trend of cloud-based solutions, which is making online booking systems more accessible and affordable for businesses of all sizes.
The rising demand for mobile apps that allow users to book services on the go, further boosting the growth prospects of the market.
The increasing focus on customer satisfaction by businesses, which is leading them to adopt online booking systems in order to provide a better user experience


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Scope Of The Report
Report Attributes
Report Details
Report Title
Online Booking Systems Market Research Report
By Type
Cloud Based, On-Premises
By Application
SMEs, Large Enterprises
By Companies
Mindbody, Acuity Scheduling, Versum, Flash Appointments, Bitrix24, Booksteam, Shortcuts Software, Shedul.Com, Amidship, Genbook, Thryv, Calendly, Youcanbook.Me, Doodle, Hubspot Sales Hub, Honeybook, Housecall Pro, Cirrus Insight, Revenue Grid, 10To8, Timetrade, Setmore, Simplybook.Me, Vcita
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.

Global Online Booking Systems Market Report Segments:
The global Online Booking Systems market is segmented on the basis of:
Types
Cloud Based, On-Premises
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
SMEs, Large Enterprises
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:
Mindbody
Acuity Scheduling
Versum
Flash Appointments
Bitrix24
Booksteam
Shortcuts Software
Shedul.Com
Amidship
Genbook
Thryv
Calendly
Youcanbook.Me
Doodle
Hubspot Sales Hub
Honeybook
Housecall Pro
Cirrus Insight
Revenue Grid
10To8
Timetrade
Setmore
Simplybook.Me
Vcita



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Highlights of The Online Booking Systems 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:
Cloud Based
On-Premises
By Application:
SMEs
Large Enterprises
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 Online Booking Systems 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.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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

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