The Global Travel Technology market was valued at USD 8.44 billion in 2021 and is expected to reach USD 17.91 billion by the year 2028, at a CAGR of 11.35%.

1. Travel Technology Market Size,
Industry Share and Forecast
Report Analysis, 2022 to 2028

2. Travel Technology Market
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Annual Market Size and Forecast
Technological Roadmap & Regulatory Landscape
Analysis on type and applications
Industry Value Chain Analysis
Analysis on Major Trends
Key strategies by Top Market Players
Market Share Analysis 2021
REPORT OUTCOMES

3. Travel Technology Market
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The Global Travel Technology market was valued at USD 8.44 billion in 2021 and is expected to
reach USD 17.91 billion by the year 2028, at a CAGR of 11.35%.
Travel technology (also called tourism technology, and hospitality automation) is the application of
Information Technology (IT) or Information and Communications Technology (ICT) in the travel,
tourism and hospitality industry. Travel technology automates bookings, payments, and back-office
tasks for travel agencies and enables consumers to make their online bookings without a travel agent.
Hotelmize and similar technology-driven companies and startups are helping the tourist industry
implement travel technology. Travel technology is an extended branch of information and
communication technology dealing with tourism and hospitality industry. Travel technology helps and
guides the agencies to book flights, tours, and other travel facilities. The airline industry is the most
used end-user for this technology as it mostly was referring to computer reservation systems.
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Technology has become an integral part of our lives, completely changing how we work, shop, eat
and spend our leisure time. With just a few simple taps on our smartphone, we can order food,
purchase home appliances, make dinner reservations, and much more. We’ve touched upon some
general applications of travel technology to help you understand what this game-changer in tourism is.
Now, let’s dig deeper into how tech is used in travel.
The Major Players in the Travel Technology Market Include:
• Amadeus
• Navitaire
• Sabre
• Travelport
• CRS Technologies
• mTrip
• Qtech Software
• Tramada Systems
• PcVoyages 2000
• Lemax and other major players.
Segmentations in the Travel Technology Market Study
The Travel Technology market is segmented as below:
By Type:
• Airline & Hospitality IT Solutions
• Global Distribution System (GDS)
By Application:
• Travel Industry
• Tourism Industry
• Hospitality Industry
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4. Travel Technology Market
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Geographic Segment Covered in the Report
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)
Knowing market share in the base year provides you an idea of the competition and size of the
suppliers. It reflects the market's fragmentation, accumulation, dominance, and amalgamation
features. The Competitive Scenario provides an outlook study of the suppliers' various industry
growth plans. This section's news provides vital insights at various stages while keeping up with the
industry and engaging players in the economic discussion. Merger & Acquisition, Collaboration,
Partnership, Agreement, Investment & Funding, New Product Launch & Enhancement, Recognition,
Rewards & Expansion are the categories that the competitive scenario represents. All of the research
data collected helps the vendor identify market gaps as well as competitor weaknesses and strengths,
helping them to better their service and product.
Travel Technology Market 2021-2028: Key Highlights
• CAGR of the market during the forecast period 2021-2028
• Detailed information on factors that will assist Travel Technology market growth during the
next five years
• Estimation of the Travel Technology market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the Travel Technology market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of Travel Technology market
vendors
Reasons to Purchase this Market Report:
• Market forecast analysis through recent trends and SWOT analysis
• Travel Technology Market Dynamics Scenarios with Market Growth Opportunities over the
Next Year
• Market segmentation analysis, including qualitative and quantitative studies that include
economic and non-economic impacts
• Travel Technology Market Regional and country-level analysis that integrates demand and
supply forces that impact the growth of the market.
• Competitive environment related to the Travel Technology market share for key players,
along with new projects and strategies that players have adopted over the past five years
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5. Travel Technology Market
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analytics with strategic consulting to help our clients get acclimatize with the future market
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Product sourcing strategy, Competitive and Landscape Analysis, Cost Benefits, Demand-
Supply Analysis, Mergers and Acquisitions.
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