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Travel Services Market in India to Grow at a CAGR of 14.9% During the Period 2014-2019


Albany, NY -- (SBWIRE) -- 09/24/2015 -- Travel services market in India primarily comprises six type of services including hotel accommodation, domestic flight booking, rail ticketing, domestic bus ticketing, rentals of taxis/cabs, and holiday packages. Based on the mode of booking, the travel services market in India can be classified as offline and online. The online market is growing at a dynamic pace in India due to increased penetration of the Internet and shift toward m-commerce in India. The offline market is growing at a slow rate as consumers prefer online services over offline.

Technavio's analysts forecast the travel services market in India to grow at a CAGR of 14.9% during the period 2014-2019.

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Technavio's report, Travel Services Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the travel services market in India and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

Key vendors

Cox & Kings
Thomas Cook
Other prominent vendors

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Akbar Travels of India
Easy Cabs
Market driver

Increase in online booking
For a full, detailed list, view our report
Market challenge

High taxes
For a full, detailed list, view our report
Market trend

Mobile commerce, a true game changer
For a full, detailed list, view our report
Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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