Market Overview:
The global travel arrangement software 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 online travel booking and the growing popularity of mobile apps for booking travel arrangements. In addition, the increasing number of business travelers is also contributing to the growth of this market. The global travel arrangement software market can be segmented on the basis of type into tour operator software, travel agency software, and other types such as hotel reservation software and car rental software. The tour operator software segment is expected to account for a major share in terms of revenue in 2018 owing to its ability to manage all aspects related to tours such as bookings, cancellations, refunds, etc., through a single platform.
Product Definition:
The term "travel arrangement software" typically refers to a computer program that helps people make travel arrangements, such as booking flights and hotels. Such software can be very helpful for people who need to make multiple travel arrangements in a short period of time. It can also help them find the best deals on airfare and hotel rooms.
Tour Operator Software:
Tour operator software is a computer program which helps the tour operators to manage their business operations. It provides various benefits such as reduced labor cost, inventory cost, and time management among others. The primary function of this software is to help the tour operators in scheduling their tours with maximum profit margin through online booking system.
Travel Agency Software:
Travel Agency Software is used in the Travel Arrangement Software to provide a facility for clients and potential customers to book travel arrangements online. The software also helps in printing, emailing or updating the client regarding the status of their bookings. It further helps in managing inventory, customer database and provides analytics on how best to serve clients.
The global market size was valued at USD 1,452 million in 2016.
Application Insights:
The large enterprises segment held the largest market share in 2017. Large enterprises are more likely to have a global travel arrangers as they can handle multiple currencies, languages and cultures. The large enterprise travelers also have higher spending power, which makes them attractive for international travel arrangements. Furthermore, these companies offer their employees benefits such as study abroad and foreign language programs that help improve employee engagement levels and generate revenue for the business.
SMEs are expected to be the fastest-growing application segment from 2018 to 2030 owing to increasing penetration of internet banking services worldwide coupled with easy access of SMEs to online payment options is expected to drive this application segment over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to several factors such as increasing online travel booking, high internet penetration, and rising demand for customized tour packages by consumers. Europe is expected to witness significant growth over the forecast period owing to an increase in business travelers’ preference for online travel arranging tools over traditional ones. Asia Pacific is projected to register a lucrative CAGR during the forecast period due to growing number of small & medium enterprises (SMEs) and rapid technological advancements in this region. Moreover, improving standard of living coupled with rise in disposable income will drive regional demand further.
Growth Factors:
- Increasing demand for online travel booking from the millennials
- Emergence of new players in the market
- Proliferation of smartphones and tablets that are fuelling the growth of mobile travel booking
- Advent of cloud-based technology that is making travel arrangement software more accessible and affordable to users
- Growing popularity of social media platforms for sharing holiday experiences, which is boosting the demand for travel arrangement software
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Arrangement Software Market Research Report
By Type
Tour Operator Software, Travel Agency Software, Other
By Application
Large Enterprises, SMEs
By Companies
Travefy, Sabre, Unit4, iSell, PHPTRAVELS, Cruisebase, ETS CMS, Illusions, FareHarbor, TRYTN, Xola, TrekkSoft, Checkfront, Peek Pro, VisaHQ
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Travel Arrangement Software Market Report Segments:
The global Travel Arrangement Software market is segmented on the basis of:
Types
Tour Operator Software, Travel Agency Software, Other
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
Large Enterprises, SMEs
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:
- Travefy
- Sabre
- Unit4
- iSell
- PHPTRAVELS
- Cruisebase
- ETS CMS
- Illusions
- FareHarbor
- TRYTN
- Xola
- TrekkSoft
- Checkfront
- Peek Pro
- VisaHQ
Highlights of The Travel Arrangement Software 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:
- Tour Operator Software
- Travel Agency Software
- Other
- By Application:
- Large Enterprises
- SMEs
- 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 Arrangement Software 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
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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?
Travel arrangement software is a computer program that helps people plan and book travel arrangements. The program can help users find flights, hotels, car rentals, and other types of travel accommodations.
Some of the key players operating in the travel arrangement software market are Travefy, Sabre, Unit4, iSell, PHPTRAVELS, Cruisebase, ETS CMS, Illusions, FareHarbor, TRYTN, Xola, TrekkSoft, Checkfront, Peek Pro, VisaHQ.
The travel arrangement software market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Travel Arrangement Software 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 Arrangement Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Travel Arrangement Software 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 Arrangement Software 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 Arrangement Software Market Size & Forecast, 2018-2028
4.5.1 Travel Arrangement Software Market Size and Y-o-Y Growth
4.5.2 Travel Arrangement Software Market Absolute $ Opportunity
Chapter 5 Global Travel Arrangement Software 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 Arrangement Software Market Size Forecast by Type
5.2.1 Tour Operator Software
5.2.2 Travel Agency Software
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Travel Arrangement Software 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 Arrangement Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Travel Arrangement Software 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 Arrangement Software 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 Arrangement Software Analysis and Forecast
9.1 Introduction
9.2 North America Travel Arrangement Software 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 Arrangement Software Market Size Forecast by Type
9.6.1 Tour Operator Software
9.6.2 Travel Agency Software
9.6.3 Other
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 Arrangement Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
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 Arrangement Software Analysis and Forecast
10.1 Introduction
10.2 Europe Travel Arrangement Software 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 Arrangement Software Market Size Forecast by Type
10.6.1 Tour Operator Software
10.6.2 Travel Agency Software
10.6.3 Other
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 Arrangement Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
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 Arrangement Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Travel Arrangement Software 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 Arrangement Software Market Size Forecast by Type
11.6.1 Tour Operator Software
11.6.2 Travel Agency Software
11.6.3 Other
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 Arrangement Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
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 Arrangement Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Travel Arrangement Software 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 Arrangement Software Market Size Forecast by Type
12.6.1 Tour Operator Software
12.6.2 Travel Agency Software
12.6.3 Other
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 Arrangement Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
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 Arrangement Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Travel Arrangement Software 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 Arrangement Software Market Size Forecast by Type
13.6.1 Tour Operator Software
13.6.2 Travel Agency Software
13.6.3 Other
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 Arrangement Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
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 Arrangement Software Market: Competitive Dashboard
14.2 Global Travel Arrangement Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Travefy
14.3.2 Sabre
14.3.3 Unit4
14.3.4 iSell
14.3.5 PHPTRAVELS
14.3.6 Cruisebase
14.3.7 ETS CMS
14.3.8 Illusions
14.3.9 FareHarbor
14.3.10 TRYTN
14.3.11 Xola
14.3.12 TrekkSoft
14.3.13 Checkfront
14.3.14 Peek Pro
14.3.15 VisaHQ
