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Online travel agencies IT spending market set to grow by +26%

Automotive and Transportation Market Research

The research report predicts the global online travel agencies IT spending market to grow at a CAGR of +26% from 2017 to 2022. Online travel agencies depend on technology and IT services to execute airline bookings, hotels, cruise, car and other services. It necessitates continuous upgrades, maintenance, and spending on IT services to provide the best in class services to their customers. The Online Travel Agencies IT Spending Market is fierce, and service offerings of online travel agencies are dependent on IT offerings that consist of advanced features and functionality that match or outperform the competition.

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Agencies are always on the lookout for vendors that provide agile, flexible and cost effective IT infrastructure solutions for a glitch free booking experience. Thanks to the growing competition, the market is likely to witness many strategic buyouts of such technology solution companies by online travel agencies over the next few years.

The research report includes a detailed chapter on market drivers, restraints, and opportunities of the global Online Travel Agencies IT Spending market. It examines each one in complete detail and affirms them with relevant statistics and data.

The document provides a production growth rate, evaluation of product segments and price of each type of segment.

Top Players:

Amadeus, Navitaire, Sabre, Travelport, CRS Technologies, Dolphin Dynamics, eCare Technology, Expert Travel Services, Fourth Dimension Software, Lemax, mTrip, Oracle, PcVoyages 2000, Qtech, Technoheaven, Toursys, Tramada, TravelCarma, Trip Solutions, Web Booking Expert.

Regions Covered:

United States, North America, China, Europe, Japan, Southeast Asia and India.

Vendors in the Global Online Travel Agencies IT Spending Market are increasingly introducing business intelligence solution that allows businesses to work with data collected from a number of diverse sources. As businesses gain more confidence about the reliability of data-driven decisions undertaken by software solutions in real time, self-service business analytics solutions will gain more prominence in the global business intelligence market in the next few years.                    

After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report’s authors in the study.

Most companies in the Online Travel Agencies IT Spending market are currently engaged in adopting new technologies, strategies, product developments, expansions, and long-term contracts to maintain their dominance in this global market.

The cost analysis of the Global Online Travel Agencies IT Spending market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as industrial chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market.

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Table of Contents

Global Online Travel Agencies IT Spending Market Research Report

Chapter 1 Global Online Travel Agencies IT Spending Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Online Travel Agencies IT Spending Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

The report also looks into influential external factors likely to affect the development of the Online Travel Agencies IT Spending market in the coming years. These include the technological framework of the industry and likely advances expected in the coming years, consumer preference patterns, economic environment, and the demand for alternative technologies and devices. 

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