Global Travel Technologies Market Forecasted to Grow at a CAGR of 8.3 % 2017-2021
Market Research Hub ( MRH ) has recently announced the addition of a fresh report , titled “ Global Travel Technologies Market 2017-2021 ” to its report offerings . The report covers the present scenario and the growth prospects of the global travel technologies market for 2017-2021 . To calculate the market size , the report considers the revenue generated in the form of incentive payments for air , car , and hotel segments processed through a GDS .
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Travel technologies are IT solutions used by airline companies , hotels , and OTAs to manage end-to-end travel solutions . IT solutions such as travel network management solution GDS , mobile solution , platform solutions , e-commerce software solution , data management solutions , and digital marketing solutions are primarily implemented in the travel industry . Technavios analysts forecast the global travel technologies market to grow at a CAGR of 8.3 % during the period 2017-2021 .
The market is divided into the following segments based on geography :
• Americas
• APAC
• EMEA
Technavio ' s report , Global Travel Technologies Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts . The report covers the market landscape and its growth prospects over the coming years . The report also includes a discussion of the key vendors operating in this market .