Market Highlights: Online travel agencies are the IT services which is depend on technology and IT services to execute airline bookings, hotels, cruise, car and other services. The online travel industry is majorly made up of travel e-commerce sites and several review sites. Travel e-commerce sites specialises in selling of the travel products such as flights, hotels, and other rental cars. These can either be purchased directly through a travel company’s website, such as the Lufthansa website, or through the online travel agency (OTA), such as Expedia The market study is being classified by Type (Software spending, IT services spending and Hardware spending), by Application (Amadeus, Navitaire, Sabre and Travelport) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Online Travel Agencies IT Spending are Oracle (United States), Amadeus (Spain), Navitaire (United States), Sabre (United States), Travelport (United Kingdom), Dimension Software, Lemax (Europe), mTrip (Canada), PcVoyages 2000 (Canada), Qtech (India) and Technoheaven (India).
Major Market Development Highlights Sabre enters agreement to acquire Farelogix, expanding its airline technology portfolio and accelerating its strategy to deliver next-generation retailing, distribution and fulfillment capabilities El Al Israel Airlines, flag carrier of Israel, is relying on Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, to distribute its selection of branded fares
Key Questions Answered in the Report What will the Online Travel Agencies IT Spending Market size and the growth rate be in Future? What are the key factors driving the Online Travel Agencies IT Spending Market? What are the key market trends and macro-economic impacting the growth of the Online Travel Agencies IT Spending Market? What are the challenges to market growth? Who are the key vendors in the Online Travel Agencies IT Spending Market? What are the market opportunities and threats faced by the vendors in the Online Travel Agencies IT Spending Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Online Travel Agencies IT Spending Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Travel Agencies IT Spending market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Online Travel Agencies IT Spending market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Sub component manufacturer, Channel partners, Industry association, Downstream vendors, Government and investment communities and Research organisation and associations. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.