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(Wireless-NewsWire.Com, February 07, 2018 ) Envision Inteligence estimates that global online travel market is projected to reach $XX billion by the end of 2024 with a CAGR of XX% from $XX billion in 2017.
Online travel is a travel service offered to make travelling easier by providing services like e-tickets, e-travel services, travel accommodations, and rental of cars or bikes. Online travel is a service provided by e-commerce to have a customized travel plans and secure vacation trips.
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Travel industry is one of the major market which helps an individual to migrate from one place to another for various reasons. People travel to different place for various reasons such as, business trips, vacation trips, to explore the world and for medical treatments. E-commerce is a transfer of purchase or selling goods through online like Amazon, Flipkart, eBay and some others. Online travel is an e-commerce service which provides a customized way of travelling experience by giving services like e-tickets, online accommodation, car rental activities, restaurant services, and so on. An online review service helps travelers to compare various different hotels or restaurants to have best quality services.
Key players in the market include:
• TripAdvisor LLC (U.S.)
• Airbnb, Inc. (U.S.)
• Priceline Group Inc. (U.S.)
• Fareportal, Inc. (U.S.)
• CheapOair (U.S.)
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This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include:
• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysisare performed to comprehend the market dynamics and key companies’ position during the next five years.
• Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope for the market in end user industries.
• Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
• A complete 360 degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players operating in the market is included in the report.
• Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
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