Travel Technologies: Worldwide Markets to 2023 - Projected to Register a CAGR of Approx 9%


Dublin, Dec. 14, 2018 (GLOBE NEWSWIRE) -- The "Global Travel Technologies Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The global travel technologies market will register a CAGR of over 9% by 2023.

The volume of customer data generated by the travel industry is high. AI-enabled platforms obtain insights and provides a desired outcome. As a result, AI is suitable for use in the travel industry.

Growth of travel and tourism industry

The growth in the travel technologies market is positively influencing the revenues generated by companies in the travel and tourism value chain. This enable travel and tourism companies to improve their booking revenues and drive the adoption of travel solutions.

Cybersecurity

Cybercriminals use the flaws in the systems of vendors to gain access to the customer data of travel service providers that use them.

Completive landscape

The market appears to be fragmented with the presence of many companies. Factors such as the growth of travel and tourism industry and widening application of AI in the travel industry, will provide considerable growth opportunities to travel technologies market vendors.

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • GDS - Market size and forecast 2018-2023
  • Airline and hospitality IT solutions - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Widening application of AI in travel industry
  • Introduction of ML and Big Data features in products
  • Experiments with Blockchain

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Amadeus IT Group
  • Dolphins Dynamics
  • Expedia
  • Sabre
  • Travelport

For more information about this report visit https://www.researchandmarkets.com/research/6zqwk9/travel?w=12

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