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.