Travel Market by Sector, Type, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 163 SKU: IRTNTR71431

Travel Market Size 2023-2027 

The Global Travel Market size is forecast to increase by USD 3,392.95 billion at a CAGR of 14.18% between 2022 and 2027.

The global travel industry is experiencing significant growth driven by various factors. The rising preference for experiential travel among consumers, coupled with the expansion of the medical tourism sector, is contributing to market expansion. Additionally, government initiatives promoting tourism are fostering increased travel activities worldwide. These trends collectively underscore the dynamic landscape of the global travel industry, presenting lucrative opportunities for stakeholders across the value chain. This market research and growth report includes an in-depth analysis of market drivers, trends, and challenges during the forecast period. 

What will be the size of the Market During the Forecast Period?

Page Number 163
Forecast period 2023-2027
Historic period 2017 - 2021
List of Charts and Table 169
Growth momentum & CAGR 14.18%
Market Growth 2024-2028 USD 3392.95

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The market is experiencing robust growth, propelled by various factors. The rise in experiential travel and the flourishing medical tourism industry, supported by government tourism promotion efforts, are driving international tourist footfall. Additionally, the widespread availability of online travel agencies has revolutionized travel booking, while increasing disposable income among travelers fuels demand across transportation, hotel, and travel activity sectors. This convergence of factors underscores the dynamic expansion of the global travel and tourism industry.

Market segmentation

In the transportation segment of the market, various entities contribute to facilitating travel experiences for individuals worldwide. Airlines, tour operators, and travel agencies play integral roles in offering transportation services to both domestic and international destinations. With the advent of online booking platforms, travelers can conveniently plan and book their journeys using smartphones and other digital devices. This accessibility has fueled the growth of low-cost airlines, making leisure and business travel more affordable and accessible. The transportation segment not only caters to domestic travel needs but also supports international economic development by facilitating tourism and business travel between countries. Overall, the transportation sector remains a vital component of the market, providing essential services and contributing to global connectivity and economic growth.

By Sector

The transportation segment is estimated to witness significant growth during the forecast period. With the improvement in the global economy, there has been simultaneous growth in the airline travel industries of many countries worldwide. Increased revenue and associated taxes are generated as a result of increased passenger traffic, which, in turn, contribute to economic development.

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The transportation segment was the largest segment and was valued at USD 2,191.96 billion in 2017With the introduction of travel packages such as tourism packages, tourists can opt for preferred destinations and resorts after comparing their prices and offerings. In order to provide tourists with special tourist services, some tourism enterprises cooperate with resorts and privately operated helicopters.

Market Dynamics and Customer Landscape

The market is witnessing dynamic growth, fueled by international economic development and the rising trend of experiential travel. The burgeoning medical tourism industry, supported by government tourism promotion efforts, attracts a significant international tourist footfall. Online travel agencies play a pivotal role in facilitating travel arrangements, catering to the disposable income of travelers. With a focus on transportation, hotels, and diverse travel activities, the industry thrives on the seamless integration of airlines, tour operators, and travel agencies. Enabled by online booking platforms and the widespread use of smartphones, travelers enjoy diverse leisure experiences, both domestically and internationally. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growing popularity of experiential travel is driving growth in the travel market. More significant and authentic experiences are increasingly sought by modern travelers that allow them to connect with local cultures, traditions, and communities. Experiential travel offers a deeper understanding of a destination's way of life and its people. Younger people prioritize experiences over material possessions, and creating memories and stories to share is something they prefer. 

Moreover, travelers are increasingly seeking off-the-beaten-path experiences to avoid the negative impacts of over-tourism. Experience travel enables travelers to make a choice about the journeys they take according to their preferences and interests. Activities like hiking, wildlife safaris, and volunteering can provide immersive and impactful experiences. Such factors are expected to drive the growth of the arket during the forecast period.

Significant Market Trends

The increasing international tourist footfall is a key trend in the travel market. In recent years, the number of inbound tourists in the world is growing rapidly, consequently driving the number of tourists and fueling the demand for travel activities. The rising number of travelers to both the international and national markets, pleasure, and sports trips is a major element in the increase in footfall of tourists. 

Moreover, as the number of international travelers grows, so does the demand for travel activities, particularly through online travel service platforms. In addition to corporate travel, there is growing demand in the tourism sector as a result of increased government initiatives aimed at promoting tourism. The growth in the number of international tourist arrivals fuels the growth in demand for travel activities and is expected to drive the growth of the global travel market during the forecast period.

Major Market Challenge

The threat of growing terrorism is a major challenge faced by the travel market. There has been a rise in terrorist activities globally, mainly since 2016. The main motive of terrorism is to create panic among people, which leads to a change in their behavior. Industry such as hotels and travel are directly affected by these terrorist attacks.

However, terrorism further leads to the rise in border clearance issues with delays and tighter inspections, making travel tiresome. In addition, the increasing demand for increased safety around oil and gas pipelines as well as the electricity transmission lines is leading to higher costs. Therefore, the increase in terrorist activities is likely to hamper the growth of the global travel market during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Travel Market Customer Landscape

Who are the Major Travel Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

American Express Global Business Travel GBT - The company offers travel solutions such as end-to-end solutions for business travelers, including booking, expense management, and travel policy compliance.

The market analysis and report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Accor S.A.
  • Balkan Holidays Ltd.
  • BCD Travel Services BV
  • Booking Holdings Inc.
  • Carlson Inc.
  • Corporate Travel Management Ltd.
  • Expedia Group Inc.
  • Fareportal Inc.
  • Flight Centre Travel Group Ltd.
  • JPMorgan Chase and Co.
  • JTB Corp.
  • MakeMyTrip Ltd.
  • PT Global Digital Niaga
  • PT Traveloka Indonesia

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Key Regions

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APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The rapid economic growth in many APAC countries, such as China, India, and Japan, has led to an expanding middle class with increased disposable income. As people's financial capabilities improve, they have more resources to spend on leisure activities, including travel.

Moreover, urbanization is on the rise in the APAC region, leading to the development of more cities and metropolitan areas. As a result, business trips, conferences, and cultural exchanges can be facilitated. Initiatives such as simplification of visa procedures, the development of tourism infrastructure, and promotion efforts are also part of this. The APAC region has become a significant market for cruise tourism, with various cruise lines offering itineraries that explore coastal cities and islands. Such factors are expected to drive the growth of the global travel market during the forecast period.

Market Analyst Overview

The market encompasses various sectors, including the booming medical tourism industry, which attracts travelers seeking healthcare services abroad. Governments promote tourism through various initiatives, and online travel agencies facilitate booking with the disposable income of travelers. Airlines, tour operators, and travel agencies cater to diverse needs, with online booking options and the presence of low-cost carriers. The prevalence of smartphones has transformed the landscape, enabling convenient access to travel websites and information. Responsible and sustainable tourism practices are encouraged, and supported by technologies like augmented reality, virtual reality, and artificial intelligence. Domestically and regionally, transportation services utilize large airports, road, and rail networks, enhancing connectivity and facilitating sustainable tourism practices.

The global travel and tourism industry is significantly influenced by tourism promotion by governments, aiming to boost both domestic travel and regional travel. The emergence of low-cost airlines has made travel more accessible, aligning with responsible tourism practices and ethical and sustainable tourist practices promoted by various stakeholders. Enhanced maritime mobility complements land-based travel, while efficient communication systems ensure connectivity. Governments worldwide are increasingly focusing on sustainable tourism initiatives, encouraging responsible travel behavior and preserving natural resources. As travelers prioritize eco-friendly options, the industry adapts, offering sustainable alternatives. In this dynamic landscape, collaboration between governments, industry players, and travelers fosters a more sustainable and responsible approach to global travel.

Segment Overview

The travel market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Sector Outlook 
    • Transportation
    • Hotel
    • Travel activities
  • Type Outlook 
    • Leisure
    • Business
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Argentina
      • Brazil

Travel Market Scope

Report Coverage

Details

Page number

163

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 14.18%

Market growth 2023-2027

USD 3,392.95 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

14.02

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key countries

US, China, Japan, France, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Accor S.A., American Express Global Business Travel GBT, Balkan Holidays Ltd., BCD Travel Services BV, Booking Holdings Inc., Carlson Inc., Corporate Travel Management Ltd., Expedia Group Inc., Fareportal Inc., Flight Centre Travel Group Ltd., JPMorgan Chase and Co., JTB Corp., MakeMyTrip Ltd., PT Global Digital Niaga, PT Traveloka Indonesia, The Scott Travel Group Ltd., Travel Leaders Group Holdings LLC, World Travel Holdings, World Travel Inc., and Omega World Travel Inc.

Market dynamics

Parent market analysis,Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market research report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research and Growth Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting  between 2023 and 2027
  • Precise estimation of the market in focus on the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market growth analysis of factors that will challenge the market trends and analysis of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Sector
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global travel market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global travel market 2017 - 2021 ($ billion)
    • 4.2 Sector Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Sector Segment 2017 - 2021 ($ billion)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Sector

    • 6.1 Market segments
      • Exhibit 30: Chart on Sector - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Sector - Market share 2022-2027 (%)
    • 6.2 Comparison by Sector
      • Exhibit 32: Chart on Comparison by Sector
      • Exhibit 33: Data Table on Comparison by Sector
    • 6.3 Transportation - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Transportation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Transportation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Transportation - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Transportation - Year-over-year growth 2022-2027 (%)
    • 6.4 Hotel - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Hotel - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Hotel - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Hotel - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Hotel - Year-over-year growth 2022-2027 (%)
    • 6.5 Travel activities - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Travel activities - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Travel activities - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Travel activities - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Travel activities - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Sector
      • Exhibit 46: Market opportunity by Sector ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Sector ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Leisure - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Leisure - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Leisure - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Leisure - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Leisure - Year-over-year growth 2022-2027 (%)
    • 7.4 Business - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Business - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Business - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Business - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Business - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 60: Market opportunity by Type ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 France - Market size and forecast 2022-2027
      • Exhibit 95: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 American Express Global Business Travel GBT
              • Exhibit 115: American Express Global Business Travel GBT - Overview
              • Exhibit 116: American Express Global Business Travel GBT - Product / Service
              • Exhibit 117: American Express Global Business Travel GBT - Key offerings
            • 12.4 BCD Travel Services BV
              • Exhibit 118: BCD Travel Services BV - Overview
              • Exhibit 119: BCD Travel Services BV - Product / Service
              • Exhibit 120: BCD Travel Services BV - Key news
              • Exhibit 121: BCD Travel Services BV - Key offerings
            • 12.5 Booking Holdings Inc.
              • Exhibit 122: Booking Holdings Inc. - Overview
              • Exhibit 123: Booking Holdings Inc. - Product / Service
              • Exhibit 124: Booking Holdings Inc. - Key offerings
            • 12.6 Carlson Inc.
              • Exhibit 125: Carlson Inc. - Overview
              • Exhibit 126: Carlson Inc. - Product / Service
              • Exhibit 127: Carlson Inc. - Key offerings
            • 12.7 Corporate Travel Management Ltd.
              • Exhibit 128: Corporate Travel Management Ltd. - Overview
              • Exhibit 129: Corporate Travel Management Ltd. - Product / Service
              • Exhibit 130: Corporate Travel Management Ltd. - Key offerings
            • 12.8 Expedia Group Inc.
              • Exhibit 131: Expedia Group Inc. - Overview
              • Exhibit 132: Expedia Group Inc. - Business segments
              • Exhibit 133: Expedia Group Inc. - Key offerings
              • Exhibit 134: Expedia Group Inc. - Segment focus
            • 12.9 Fareportal Inc.
              • Exhibit 135: Fareportal Inc. - Overview
              • Exhibit 136: Fareportal Inc. - Product / Service
              • Exhibit 137: Fareportal Inc. - Key offerings
            • 12.10 Flight Centre Travel Group Ltd.
              • Exhibit 138: Flight Centre Travel Group Ltd. - Overview
              • Exhibit 139: Flight Centre Travel Group Ltd. - Product / Service
              • Exhibit 140: Flight Centre Travel Group Ltd. - Key offerings
            • 12.11 JPMorgan Chase and Co.
              • Exhibit 141: JPMorgan Chase and Co. - Overview
              • Exhibit 142: JPMorgan Chase and Co. - Business segments
              • Exhibit 143: JPMorgan Chase and Co. - Key offerings
              • Exhibit 144: JPMorgan Chase and Co. - Segment focus
            • 12.12 JTB Corp.
              • Exhibit 145: JTB Corp. - Overview
              • Exhibit 146: JTB Corp. - Product / Service
              • Exhibit 147: JTB Corp. - Key offerings
            • 12.13 Omega World Travel Inc.
              • Exhibit 148: Omega World Travel Inc. - Overview
              • Exhibit 149: Omega World Travel Inc. - Product / Service
              • Exhibit 150: Omega World Travel Inc. - Key offerings
            • 12.14 The Scott Travel Group Ltd.
              • Exhibit 151: The Scott Travel Group Ltd. - Overview
              • Exhibit 152: The Scott Travel Group Ltd. - Product / Service
              • Exhibit 153: The Scott Travel Group Ltd. - Key offerings
            • 12.15 Travel Leaders Group Holdings LLC
              • Exhibit 154: Travel Leaders Group Holdings LLC - Overview
              • Exhibit 155: Travel Leaders Group Holdings LLC - Product / Service
              • Exhibit 156: Travel Leaders Group Holdings LLC - Key offerings
            • 12.16 World Travel Holdings
              • Exhibit 157: World Travel Holdings - Overview
              • Exhibit 158: World Travel Holdings - Product / Service
              • Exhibit 159: World Travel Holdings - Key offerings
            • 12.17 World Travel Inc.
              • Exhibit 160: World Travel Inc. - Overview
              • Exhibit 161: World Travel Inc. - Product / Service
              • Exhibit 162: World Travel Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 163: Inclusions checklist
                • Exhibit 164: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 165: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 166: Research methodology
                • Exhibit 167: Validation techniques employed for market sizing
                • Exhibit 168: Information sources
              • 13.5 List of abbreviations
                • Exhibit 169: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              travel market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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