Enjoy complimentary customisation on priority with our Enterprise License!
The online travel agencies IT spending market size is forecast to increase by USD 2.66 billion at a CAGR of 17.19% between 2023 and 2028. The market is witnessing significant growth due to several key trends. The increase in popularity of augmented reality (AR) and virtual reality (VR) technologies in the travel industry is driving market growth, enabling customers to experience virtual tours and 360-degree views of travel destinations before booking. Furthermore, the rise in adoption of artificial intelligence (AI) and machine learning (ML) technologies in online travel agencies is improving customer experience through personalized recommendations and automated services. However, the market is also facing challenges, including the rise in security and data privacy concerns due to the increasing amount of sensitive customer information being stored and transmitted online. Despite these challenges, the market is expected to continue growing due to the convenience and cost savings offered by online travel agencies.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.