Market Overview:
The global online travel sites 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 penetration of internet and smartphones, rising disposable income, and growing demand for leisure travel. By type, the web-based segment is expected to dominate the global online travel sites market during the forecast period owing to its ease of use and wide reach. By application, personal travel is expected to account for a major share of the global online travel sites market during the forecast period as it offers convenience and affordability to travelers.
Product Definition:
Online travel sites are websites that allow users to book flights, hotels, and other forms of travel. These sites can be used to find deals on travel, or to simply research trips. Online travel sites are important because they make it easy for people to plan and book their travels.
WAP:
Wireless Application Protocol (WAP) is a set of rules and specifications for building wireless applications. It was initially developed by the W3C as an alternative to legacy wired application protocols such as File Transfer Protocol (FTP), HyperText Transport Protocol (HTTP), and Simple Network Management Protocol (SNMP).
It has since been adopted by several other industries, including telecommunication & information technology, government & education, banking & finance, entertainment industry along with Online Travel sites market.
WEB:
The World Wide Web or commonly known as the web is a global network of interlinked documents that may be accessed from any location. It is an open set of codes which enables information to be shared and retrieved efficiently over the internet. The term “World Wide Web” is also used for the collection of documents that are linked together and may be accessed via a single uniform resource locator (URL).
Application Insights:
The other application segment held the largest share of over 50.0% in 2017. The growth can be attributed to the increasing use of online travel sites by individuals for booking railway and air tickets as well as hotel rooms. Additionally, rising disposable income levels and changing lifestyle have led to an increased number of travelers opting for leisure trips across the world, which is further propelling demand from other applications segment.
The group application segment is expected to witness significant growth over the forecast period owing to a rise in demand for packaged tours and homestays among others by groups of friends or families at a time when people prefer spending their vacation with their friends or families rather than alone due to busy work schedules.
Regional Analysis:
North America dominated the market in 2017. The region is expected to maintain its position throughout the forecast period owing to high internet penetration and increasing online travel activities. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rapid urbanization, rising disposable income levels, and expanding tourism industry in emerging countries such as China, India, Thailand, Malaysia & Singapore. Moreover, increased spending on leisure activities by consumers from emerging economies will drive growth over the next eight years.
Europe also held a significant share of global revenue generation owing with high internet penetration rates coupled with growing trends towards e-commerce shopping websites among users located within Europe region itself or other regions such as North America or Asia Pacific etcetera.
Growth Factors:
- Increasing disposable income of people: The growth in the online travel sites market is mainly attributed to the increasing disposable income of people across the globe. With increase in disposable income, people are preferring to spend on leisure activities such as traveling and thus, fueling the growth of online travel sites market.
- Proliferation of smartphones and tablets: The proliferation of smartphones and tablets has led to a significant increase in the number of internet users worldwide. This has resulted in an increased demand for online travel services, thereby propelling the growth of this market.
- Advent of social media: Social media has emerged as a powerful medium for marketing and advertising various products and services, including online travel services. This is resulting in an increased demand for such services, thereby driving the growth prospects for this market segmentation.. 4) Growing popularity o f packaged tours: Packaged tours are gaining immense popularity among travelers owing to their convenience and affordability They offer a wide range from budget-friendly options to luxurious experiences catering to all kinds o f travelers .This is boosting t he sales o fonline trave lsites that offe r packaged tou rs . 5) Emergence o f new players :The entryofnew players into thee-commerce spacehas intensified competition among existing playersin th eonline trave ls itesmark et .Thi sisresultingin innovative offersand discounts being made available by variousplayers ,thus attracting more customers
Scope Of The Report
Report Attributes
Report Details
Report Title
Online Travel Sites Market Research Report
By Type
WAP, WEB,
By Application
Personal, Group, Other,
By Companies
Travelocity, Expedia, Orbitz, Priceline, CheapOair, Onetravel, CheapTickets, AirGorilla, Hotwire, Kayak,
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Online Travel Sites Market Report Segments:
The global Online Travel Sites market is segmented on the basis of:
Types
WAP, WEB,
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
Personal, Group, Other,
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:
- Travelocity
- Expedia
- Orbitz
- Priceline
- CheapOair
- Onetravel
- CheapTickets
- AirGorilla
- Hotwire
- Kayak
Highlights of The Online Travel Sites 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:
- WAP
- WEB
- By Application:
- Personal
- Group
- Other
- 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 Travel Sites 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?
Online travel sites are websites that allow users to search for and book flights, hotels, car rentals, and other types of travel.
Some of the major companies in the online travel sites market are Travelocity, Expedia, Orbitz, Priceline, CheapOair, Onetravel, CheapTickets, AirGorilla, Hotwire, Kayak.
The online travel sites market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Online Travel Sites Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Online Travel Sites Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Online Travel Sites Market - Supply Chain
4.5. Global Online Travel Sites Market Forecast
4.5.1. Online Travel Sites Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Online Travel Sites Market Size (000 Units) and Y-o-Y Growth
4.5.3. Online Travel Sites Market Absolute $ Opportunity
5. Global Online Travel Sites Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Online Travel Sites Market Size and Volume Forecast by Type
5.3.1. WAP
5.3.2. WEB
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Online Travel Sites Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Online Travel Sites Market Size and Volume Forecast by Application
6.3.1. Personal
6.3.2. Group
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Online Travel Sites Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Online Travel Sites Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Online Travel Sites Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Online Travel Sites Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Online Travel Sites Demand Share Forecast, 2019-2026
9. North America Online Travel Sites Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Online Travel Sites Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Online Travel Sites Market Size and Volume Forecast by Application
9.4.1. Personal
9.4.2. Group
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Online Travel Sites Market Size and Volume Forecast by Type
9.7.1. WAP
9.7.2. WEB
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Online Travel Sites Demand Share Forecast, 2019-2026
10. Latin America Online Travel Sites Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Online Travel Sites Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Online Travel Sites Market Size and Volume Forecast by Application
10.4.1. Personal
10.4.2. Group
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Online Travel Sites Market Size and Volume Forecast by Type
10.7.1. WAP
10.7.2. WEB
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Online Travel Sites Demand Share Forecast, 2019-2026
11. Europe Online Travel Sites Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Online Travel Sites Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Online Travel Sites Market Size and Volume Forecast by Application
11.4.1. Personal
11.4.2. Group
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Online Travel Sites Market Size and Volume Forecast by Type
11.7.1. WAP
11.7.2. WEB
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Groth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Online Travel Sites Demand Share, 2019-2026
12. Asia Pacific Online Travel Sites Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Online Travel Sites Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Online Travel Sites Market Size and Volume Forecast by Application
12.4.1. Personal
12.4.2. Group
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Online Travel Sites Market Size and Volume Forecast by Type
12.7.1. WAP
12.7.2. WEB
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Online Travel Sites Demand Share, 2019-2026
13. Middle East & Africa Online Travel Sites Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Online Travel Sites Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Online Travel Sites Market Size and Volume Forecast by Application
13.4.1. Personal
13.4.2. Group
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Online Travel Sites Market Size and Volume Forecast by Type
13.7.1. WAP
13.7.2. WEB
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Online Travel Sites Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Online Travel Sites Market: Market Share Analysis
14.2. Online Travel Sites Distributors and Customers
14.3. Online Travel Sites Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Travelocity
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Expedia
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Orbitz
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Priceline
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CheapOair
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Onetravel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CheapTickets
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AirGorilla
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hotwire
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kayak
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
