Mobile Travel Booking Market By Service Type (Accommodation Booking, Travel Booking) - Growth, Future Prospects, And Competitive Analysis, 2019 - 2027
"Increasing smartphone penetration is driving the mobile travel booking market"
Globally, the mobile travel booking market is expected to grow with a CAGR of 12.2% during the forecast period from 2019 to 2027, starting from US$ 858.0 Mn in 2018. The growth of the market is attributed to the increasing adoption of the smartphone across the globe. The number of the smartphone users worldwide has significantly increases over the past five years. The number of smartphones has increased from 1.57 Bn in 2014 to 2.53 Bn in 2018. This increase is mainly driven by the decline in the price of the smartphones and increasing competition among the market players.
Moreover, the launch of new smartphones with the upgraded features and advance technologies is further augmenting the demand of the smartphones. Moreover, the rapid advancement in the technology along with the rise in the disposable incomes of the population across the emerging economies is further accelerating the adoption of the mobile travel booking market. Additionally, the public private partnership in the transportation space to provide better traveling experience to the customer is further propelling the adoption of the mobile travel booking solutions.
"Accommodation booking are dominating the mobile travel bookings market"
Accommodation booking accounts for majority share in the mobile travel booking market. The increasing adoption of the digitalization among the hospitality sector is supporting the growth of the market. The competition in the hospitality sector has increase significantly. As a result, the customers have multiple options to choose. Therefore, the organization started to focus on enhancing the customer experience to gain customer loyalty and reduce the churn rate. Hence, the organization is moving towards more customer centric business models to provide service to the customers on their choice of medium. This is encouraging the adoption of the mobile travel booking solutions among the hospitality sector.
"North America is leading the mobile travel bookings market"
North America is leading the mobile travel bookings market with over 40% share in the revenue in 2018. The market is driven by the growing adoption of the internet services in the region. North America is the home of more than 320 million internet users across the globe. The internet penetration rate in the region is one of the highest worldwide with more than 89% population across the region has access to the internet services. Moreover, the increasing numbers of the smartphone users in the region are also propelling the demand for the mobile travel booking market.
The major players in the mobile travel bookings market are CheapOair.Com, Ctrip.Com International Ltd., Expedia, Inc., Hostelworld Group, Hotel Urbano Travel, MakeMyTrip Limited, Priceline Group Inc., Thomas Cook Group Plc., Tourism SA, Trip Advisor LLC, and Trivago GmbH.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The Mobile Travel Booking market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global Mobile Travel Booking market based on service type and geography. Key segments covered in the report are as follows:
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | USD Million |
| Segmentation |
Service Type Segment (2017–2027; US$ Mn) |
|
Geography Segment (2017–2027; US$ Mn) |
Key questions answered in this report
- What was the market size of Mobile Travel Booking in 2018 and forecast up to 2027?
- Which is the largest regional market for Mobile Travel Bookings?
- What are the major trends followed in Mobile Travel Booking market across different regions?
- Who are the key companies in the Mobile Travel Bookings market?
- What are the key strategies adopted by the leading Mobile Travel Booking companies in market?
Unique data points of this report
- Statistics on Mobile Travel Bookings and spending worldwide
- Recent trends across different regions in terms of adoption of Mobile Travel Booking for industries
- Notable developments going on in the industry
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation
Chapter 2 Executive Summary
2.1 Market Snapshot: Global MTB Market
2.1.1 Global MTB Market, by Service Type, 2018 (US$ Mn)
2.1.2 Global MTB Market, by Geography, 2018 (US$ Mn)
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key MTB Vendors, 2018
Chapter 4 Global Mobile Travel Booking (MTB) Market, by Service Type
4.1 Overview
4.1.1 Global MTB Market Value Share, by Service Type, 2018 & 2027 (Value, %)
4.2 Accommodation Booking
4.2.1 Global MTB Market Value from Accommodation Booking, 2017 – 2027(US$ Mn)
4.3 Travel Booking
4.3.1 Global MTB Market Value from Travel Booking, 2017 – 2027(US$ Mn)
Chapter 5 North America Mobile Travel Booking (MTB) Market Analysis, 2017 – 2027 (US$ Mn)
5.1 Overview
5.2 North America MTB Market Analysis, by Service Type, 2017 – 2027 (US$ Mn)
5.2.1 Market Analysis
5.3 North America MTB Market, by Country, 2017 – 2027 (US$ Mn)
5.3.1 Market Analysis
5.3.2 U.S.
5.3.2.1 U.S. MTB Market Value,by Service Type, 2017 – 2027 (US$ Mn)
5.3.3 Canada
5.3.3.1 Canada MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
Chapter 6 Europe Mobile Travel Booking (MTB) Market Analysis, 2017 – 2027 (US$ Mn)
6.1 Overview
6.2 Europe MTB Market Analysis, by Service Type, 2017 – 2027 (US$ Mn)
6.2.1 Market Analysis
6.3 Europe MTB Market, by Country, 2017 – 2027 (US$ Mn)
6.3.1 Market Analysis
6.3.2 U.K.
6.3.2.1 U.K. MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
6.3.3 Germany
6.3.3.1 Germany MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
6.3.4 France
6.3.4.1 France MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
6.3.5 Rest of Europe
6.3.5.1 Rest of Europe MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
Chapter 7 Asia Pacific Mobile Travel Booking (MTB) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 Asia Pacific MTB Market Analysis, by Service Type, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 Asia Pacific MTB Market, by Country, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.3.2 China
7.3.2.1 China MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
7.3.3 Japan
7.3.3.1 Japan MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
7.3.4 India
7.3.4.1 India MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
7.3.5 Rest of Asia Pacific
7.3.5.1 Rest of Asia Pacific MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
Chapter 8 Rest of the World (RoW) Mobile Travel Booking (MTB) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 RoW MTB Market Analysis, by Service Type, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 RoW MTB Market, by Country (US$ Mn)
8.3.1 Market Analysis
8.3.2 Middle East & Africa (MEA)
8.3.2.1 MEA MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
8.3.3 Latin America
8.3.3.1 Latin America MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
Chapter 9 Company Profiles
9.1 CheapOair.Com
9.2 Ctrip.Com International Ltd.
9.3 Expedia Inc.
9.4 Hostelworld Group
9.5 Hotel Urbano Travel
9.6 MakeMyTrip Limited
9.7 Priceline Group Inc.
9.8 Thomas Cook Group Plc.
9.9 Tourism SA
9.10 Trip Advisor LLC
9.11 Trivago GMBH
* Here we are using MTB as a short form of Mobile Travel Booking
TABLE 1 Market Snapshot: Global Mobile Travel Booking (MTB) Market Value
TABLE 2 North America MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
TABLE 3 North America MTB Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 4 U.S. MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 5 Canada MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 6 Europe MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
TABLE 7 Europe MTB Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 8 U.K. MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 9 Germany MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 10 France MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 11 Rest of Europe MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 12 Asia Pacific MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
TABLE 13 Asia Pacific MTB Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 14 China MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 15 Japan MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 16 India MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 17 Rest of Asia Pacific MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
TABLE 18 RoW MTB Market Value, by Service Type, 2017 – 2027 (US$ Mn)
TABLE 19 RoW MTB Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 20 MEA MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 21 Latin America MTB Market Value, by Service Type2017 – 2027 (US$ Mn)
TABLE 22 CheapOair.Com: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 23 Ctrip.Com International Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 24 Expedia Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 Hostelworld Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 Hotel Urbano Travel : Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 27 MakeMyTrip Limited: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 28 Priceline Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 29 Thomas Cook Group Plc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 30 Tourism SA: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 31 Trip Advisor LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 32 Trivago GMBH: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
FIG. 1 Global Mobile Travel Booking (MTB) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global MTB Market Segmentation
FIG. 4 Global MTB Market, by Service Type, 2018 (US$ Mn)
FIG. 5 Global MTB Market, by Geography, 2018 (US$ Mn)
FIG. 6 Attractive Investment Proposition, by Geography, 2018
FIG. 7 Market Positioning of Key MTB Vendors, 2018
FIG. 8 Global MTB Market Value Share, by Service Type, 2018 & 2027 (Value, %)
FIG. 9 Global MTB Market Value from Accommodation Booking, 2017 – 2027(US$ Mn)
FIG. 10 Global MTB Market Value from Travel Booking, 2017 – 2027(US$ Mn)
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