Mobile Travel Booking Market By Service Type (Accommodation Booking, Travel Booking) – Growth, Future Prospects, And Competitive Analysis, 2019 – 2027

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Published: | Report ID: 8930 | Report Format : PDF

Increasing smartphoe 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 smartphones across the globe. The number of smartphone users worldwide has significantly increased over the past five years. The number of smartphones has increased from 1.57 billion in 2014 to 2.53 billion in 2018. This increase is mainly driven by the decline in the price of smartphones and increasing competition among the market players.

Moreover, the launch of new smartphones with upgraded features and advanced technologies is further augmenting the demand for smartphones. Moreover, the rapid advancement in technology, along with the rise in the disposable incomes of the population across emerging economies, is further accelerating the adoption of the mobile travel booking market. Additionally, the public-private partnership in the transportation space to provide a better traveling experience to the customer is further propelling the adoption of mobile travel booking solutions.

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Accommodation booking is dominating the mobile travel booking market.

Accommodation booking accounts for the majority share of the mobile travel booking market. The increasing adoption of digitalization in the hospitality sector is supporting the growth of the market. The competition in the hospitality sector has increased significantly. As a result, the customers have multiple options from which 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 preferred medium. This is encouraging the adoption of mobile travel booking solutions in the hospitality sector.

North America is leading the mobile travel booking market.

North America is leading the mobile travel bookings market with over 40% of the revenue in 2018. The market is driven by the growing adoption of 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% of the population across the region having access to internet services. Moreover, the increasing numbers of smartphone users in the region are also propelling demand for the mobile travel booking market.

The major players in the mobile travel booking 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 and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2019 to 2027.

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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 the global mobile travel booking market based on service type and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the size of the mobile travel booking market in 2018, and what is the forecast up to 2027?
  • Which is the largest regional market for mobile travel bookings?
  • What are the major trends followed in the mobile travel booking market across different regions?
  • Who are the key companies in the mobile travel booking market?
  • What are the key strategies adopted by the leading mobile travel booking companies in the market?

Unique data points of this report

  • Statistics on mobile travel bookings and spending worldwide
  • Recent trends across different regions in terms of the adoption of mobile travel booking for industries
  • Notable developments are going on in the industry.
  • Attractive investment propositions 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

List of Figures

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)

List of Tables

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)

 Frequently Asked Questions:

What is the size of Mobile Travel Booking Market?

The market for Mobile Travel Booking Market is expected to reach US$ 2.53 Bn by 2027.

What is the Mobile Travel Booking Market CAGR?

The Mobile Travel Booking Market is expected to see significant CAGR growth over the coming years, at 12.2%.

What is the Forecast period considered for Mobile Travel Booking Market?

The report is forecasted from 2019-2027.

What is the base year considered for Mobile Travel Booking Market?

The base year of this report is 2018.

Who are the major players in this market?

Cheap Oair.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 are some of the major players in the global market.

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