Global Online Travel Agent Market Opportunities And Strategies – Forecast To 2030 – Includes Online Travel Agent Market Share
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Rapid shift in travel trends towards business leisure (bleisure) and food tourism is expected to be a major driver for online travel agent market, as per The Business Research Company’s online travel agent market opportunities and strategies report.
The online travel agent market is expected to reach $0.97 trillion in 2025 at a rate of 16.1%. The decrease is mainly due to COVID-19 pandemic across all countries in the world as most countries went into lockdown with severe travel restrictions. Subsequently, industries such as airlines, railways, hospitality, and tourism all suffered major setbacks. The online travel agent market is expected to grow at a CAGR of 5.9% from 2025 and reach $1.25 trillion in 2030.
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Major players in the online travel agent market include Booking Holdings Inc., Expedia Group Inc, Trip.com Group Limited, Tripadvisor, Inc., Trivago N.V.
Solo traveling is becoming increasingly popular due to changing lifestyles; with many people partnering and settling down later in life, young people taking gap years to travel independently, high divorce rates in many countries and the growing acceptance of solo travel. The demand from solo travelers is rising which is increasing opportunities for the travel industry.
The Global Online Travel Agent Market Is Segmented:
By Service Type: Vacation Packages, Travel, Accommodation
By Mode Of Transport: Air, Others
By Mode Of Booking: Online, Offline, Direct
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Online Travel Agent Market Report Covers:
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Online Travel Agent Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough online travel agent market research, analyzes and forecasts online travel agent market size, online travel agent market share, online travel agent market players, online travel agent market trends, online travel agent market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s online travel agent market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
The online travel agent market consists of sales of travel services through online channels. Online travel agents or agencies are those individuals or companies that have websites that allow consumers to book various travel related services via the internet. Travel agents are engaged in the sales of travel services such as flights, buses, vacation packages, hotels, and rental cars via online networks.
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