AMA Research & Media LLP

Online Bus Ticketing Service Market Emerging Trends and Strong Application Scope with Key Players: Busbud, BusOnlineTicket.com, GoEuro, GotoBus.com, Redbus

Online Bus Ticketing Service Comprehensive Study by Platform (Mobile Apps, Websites), End user (Commercial, Individual) Players and Region - Global Market Outlook to 2024

 

Edison, NJ -- (SBWIRE) -- 03/05/2019 -- Bus ticket booking are preferably done on online platform with the help of the mobile, tablet or computer via websites and mobile applications. Key players are using strategies like offering attractive discounts, using modern promotional techniques, increment in count of online advertising and more. Online booking are more convenient and provides easy access for the user, hence online bus ticket booking services market is increasing rapidly. Additionally, online money transactions are preferred and growing fad for travelling will provide lots of opportunities for the industry.

This market research report looks into and analyzes the Global Online Bus Ticketing Service Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.

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Major Key Players in This Report Include,
Busbud (Canada), BusOnlineTicket.com (Singapore), GoEuro (Germany), GotoBus.com (United States), MakeMyTrip.com (India), Redbus (India), Goibibo (India)

The growth in demand for Online Bus Ticketing Service, the market vendors have started deploying innovative marketing strategies to attract these customers. This focus on marketing and promotional strategy is a crucial trend expected to gain traction in the online bus ticketing service market. With the market being fairly competitive, the players are adopting policies like discounts, personalized offers, and personalized services to sustain their customer base. As a result, the online bus ticketing service market forecast predicts that the online bus ticketing service market will grow at a CAGR of almost 25% during the forecast period.

The regional analysis of Global Online Bus Ticketing Service Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.

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The Global Online Bus Ticketing Service Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.

Table of Content
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Increasing demand for online booking due to easy accessibility
3.2.2. Availability of mobile applications for booking of private and public transportation
3.3. Market Trends
3.3.1. Increasing number of promotional activities
3.3.2. Companies are providing attractive discount
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
5. Global Online Bus Ticketing Service, by Platform, End user and Region (value) (2013-2018)

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