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
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