Market Overview:
The global travel application market is segmented on the basis of type, application and region. The type segment is further divided into cloud-based and on-premise. The application segment is divided into for Android and for IOS. The regions covered in the study are North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The global travel application market is expected to grow at a CAGR of 9.5% from 2018 to 2030. Some of the major factors driving the growth of this market include increasing adoption of smartphones and tablets, rising disposable income levels among consumers, growing demand for online travel booking services and increasing penetration of 4G/LTE networks worldwide.
Product Definition:
A travel application is a type of software that helps people plan and organize their trips. It can include features such as a map, weather information, currency conversion rates, and restaurant recommendations. Travel applications can be used by both individuals and businesses. They are often used to book flights, hotels, and rental cars.
Cloud-Based:
Cloud-based software is a type of software service that provides shared computer resources over the internet. It uses virtual machines and cloud technology to share data across multiple computers and devices connected via the internet. Cloud-based services offer benefits such as increased efficiency, lower costs, remote access to information, and real-time information sharing among other benefits which has led to its high adoption in various application areas such as travel industry.
On-Premise:
On-premise is a term used for applications that are installed and operated from the same physical location where the data is generated. The application can be installed on computers present within an organization or on third party servers. On-premise software solutions have been in use for many years; however, with technological advancements such as cloud computing, mobile computing and big data the demand for these solutions has increased exponentially.
Application Insights:
The on-premise application segment dominated the global travel application market in 2017. This is attributed to the high adoption of these applications by large enterprises and government agencies for their travel needs. The cloud-based applications are expected to witness a higher growth rate over the forecast period owing to their low installation and maintenance costs, as compared to on-premise solutions. Furthermore, companies such as Microsoft Corporation; Google Inc.; International Business Machines Corporation; Amazon Web Services, Inc.; and Apple Inc.; provide mobile app development services that help enterprises enhance customer engagement through mobile apps with various functionalities including online reservations & ticketing for transportation modes such as buses, trains and ferries across multiple cities or countries. These factors are anticipated to drive demand over the forecast period.
The tourism sector has been witnessing significant growth due largelyto an increase in international tourist arrivals (ITR).
Regional Analysis:
The travel application market in the Asia Pacific region is anticipated to grow at a rapid pace over the forecast period. The growth can be attributed to increasing smartphone penetration and enhanced internet connectivity in this region. Countries such as China, India, Singapore, South Korea are expected to witness high adoption of these applications over the next few years. In addition, growing demand for online travel accommodation services is also expected drive regional market growth during the forecast period.
North America accounted for more than 25% of global revenue share in 2017 owing to early technology adoption by major hotel chains and airline operators across this region. Europe has been one of the most impacted regions due to various stringent regulations imposed by governments on airlines operating within their borders (EU).
Growth Factors:
- Increasing disposable income of people
- Proliferation of smartphones and other mobile devices
- Advent of social media platforms
- Emergence of online travel booking portals
- Government initiatives to promote tourism
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Application Market Research Report
By Type
Cloud-Based, On-Premise
By Application
For Android, For IOS
By Companies
Google, Airbnb, AllTrails, Culture Trip, GasBuddy, Hopper, LoungeBuddy, Roadtrippers, Roomer Travel, Ctrip, Tuniu Corporation
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Travel Application Market Report Segments:
The global Travel Application market is segmented on the basis of:
Types
Cloud-Based, On-Premise
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
For Android, For IOS
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:
- Google
- Airbnb
- AllTrails
- Culture Trip
- GasBuddy
- Hopper
- LoungeBuddy
- Roadtrippers
- Roomer Travel
- Ctrip
- Tuniu Corporation
Highlights of The Travel Application 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-Premise
- By Application:
- For Android
- For IOS
- 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 Travel Application 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
Frequently Asked Questions?
A travel application is a software program that helps you plan and book your travel. It can help you find the best deals on flights, hotels, and other attractions.
Some of the major players in the travel application market are Google, Airbnb, AllTrails, Culture Trip, GasBuddy, Hopper, LoungeBuddy, Roadtrippers, Roomer Travel, Ctrip, Tuniu Corporation.
The travel application market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Travel Application 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 Travel Application Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Travel Application 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 Travel Application 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 Travel Application Market Size & Forecast, 2018-2028
4.5.1 Travel Application Market Size and Y-o-Y Growth
4.5.2 Travel Application Market Absolute $ Opportunity
Chapter 5 Global Travel Application 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 Travel Application Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Travel Application 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 Travel Application Market Size Forecast by Applications
6.2.1 For Android
6.2.2 For IOS
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Travel Application 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 Travel Application 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 Travel Application Analysis and Forecast
9.1 Introduction
9.2 North America Travel Application 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 Travel Application Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premise
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 Travel Application Market Size Forecast by Applications
9.10.1 For Android
9.10.2 For IOS
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 Travel Application Analysis and Forecast
10.1 Introduction
10.2 Europe Travel Application 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 Travel Application Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premise
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 Travel Application Market Size Forecast by Applications
10.10.1 For Android
10.10.2 For IOS
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 Travel Application Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Travel Application 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 Travel Application Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premise
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 Travel Application Market Size Forecast by Applications
11.10.1 For Android
11.10.2 For IOS
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 Travel Application Analysis and Forecast
12.1 Introduction
12.2 Latin America Travel Application 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 Travel Application Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premise
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 Travel Application Market Size Forecast by Applications
12.10.1 For Android
12.10.2 For IOS
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) Travel Application Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Travel Application 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) Travel Application Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premise
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) Travel Application Market Size Forecast by Applications
13.10.1 For Android
13.10.2 For IOS
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 Travel Application Market: Competitive Dashboard
14.2 Global Travel Application Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Google
14.3.2 Airbnb
14.3.3 AllTrails
14.3.4 Culture Trip
14.3.5 GasBuddy
14.3.6 Hopper
14.3.7 LoungeBuddy
14.3.8 Roadtrippers
14.3.9 Roomer Travel
14.3.10 Ctrip
14.3.11 Tuniu Corporation
