The Travel Technologies market can be classified on the basis of Services, end-use, and region. An analysis of the key market segments provides a know-how to market players to attain maximum profits.
Houston, TX -- (SBWIRE) -- 03/02/2018 -- Travel technologies are IT solutions used by airline companies, hotels, and OTAs to manage end-to-end travel solutions. IT solutions such as travel network management solution GDS, mobile solution, platform solutions, e-commerce software solution, data management solutions, and digital marketing solutions are primarily implemented in the travel industry.
The report thoroughly analyzes the most crucial details of the Global Travel Technologies Market with the help of an in-depth and professional analysis. Described in a precise manner, the report also presents complete overview of the market based on the factors that are projected to have a considerable and measurable impact on the market's developmental prospects over the forecast period.
Travel Technologies Market estimated to grow at a CAGR of +10% during the forecast period.
The report examines the entire demand and supply chain in the global Travel Technologies market and concentrates the various components. The effect of Porter's five forces on the growth of the market has been likewise studied in the report. Alluding to case studies, the report follows the historical development of the market. The demand for each of the product types has been surveyed in the report.
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The increasing need to automate travel management systems will drive the growth prospects for the global travel technologies market in the coming years. Some of the major factors responsible for the growing demand for automated systems from the travel and tourism service providers is to minimize the cost, streamline the routine business processes, increase safety, security, and visibility, automate tracking systems, and reduce the operational costs.
As a result, these travel and tourism service providers use travel automation technologies such as GDSs and e-payment systems to automate the operational and transactional processes. Also, since the manual process and legacy systems are highly inefficient in managing the high volume of transactions in online travel agencies, the travel providers have shifted from conventional methods towards the automated systems. Moreover, it has been observed that the demand for IT technological solutions such as the Internet of thing (IoT), big data analytics, and cloud computing is increasing with the advancements made in the travel industry by using automated travel management systems.
Companies Profiled in this report includes, QuadLabs, Vayant, E-Travel Technologies, Travelport Digital, Travel Tech Consulting, Skift, Sabre, Orion Travel Tech, Hunan Mengtu Travel Technology Co., Ltd - ITB China, Fore technology, Tavisca Solultions, Luxoft
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The report can effectively help companies and decision makers in addressing these challenges strategically to gain the maximum benefits in the highly competitive Travel Technologies market. Data pertaining to the recent product and technological developments observed in the market, complete with an analysis of the impact of these advancements on the market's future development is included in this report.
The report also presents a 360-degree overview of the competitive scenario of the global Travel Technologies market, thus helping organizations understand the major threat and opportunities that vendors in the market are dealt with and includes detailed business profiles of some of the major vendors in the market. Also, the report offers a SWOT analysis of the global market.
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The study of the competitive landscape of the global Travel Technologies market have been given, presenting insights into the company profiles, financial status, recent developments, mergers and acquisitions, and the SWOT analysis. This research study is aimed at presenting a clear picture of the global Travel Technologies market to the readers in order to help them is gaining a better understanding of this market.
Table of Content
Global Travel Technologies Market Research Report 2017-2022
Chapter 1 Travel Technologies Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis