Online Booking Software Market to Exhibit
Steadfast Expansion During 2018-2026
Online Booking Software Market study provides key insights about
market drivers, restraints, opportunities, new product launches or
approval, regional outlook, and competitive strategies adopted by the
leading players.
Online booking software also called as appointment scheduling software or appointment
booking software are tools that permit businesses or professionals to manage appointments or
bookings. Global online booking software market generated a revenue of US$ 194.3 million in
2017, up from US$ 175.8 million in 2016. By 2025, the online booking software market is
expected to generate a revenue of US$ 552.1 million with a CAGR of 14.4%. Increasing internet
penetration majorly in emerging economies is one of the major factors driving growth of the
market worldwide. For instance, according to the Coherent Market Insights, 28% of the total
population in India was using Internet in 2016, and it is estimated to reach 59% by 2021. Hence,
increasing number of internet user is fueling growth of the market.
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