Travel Technology Market Overview

The Global Travel Technology market was valued at USD 8.44 billion in 2021 and is expected to reach USD 17.91 billion by the year 2028, at a CAGR of 11.35%.

Travel technology is an extended branch of information and communication technology dealing with tourism and hospitality industry. Travel technology helps and guides the agencies to book flights, tours, and other travel facilities. The airline industry is the most used end-user for this technology as it mostly was referring to computer reservation systems.

According to the analyst, increase in business travel expenditure, and usage of social media and big data analytics influences size of Travel technology market growth. However, synchronization issues by booking agencies and online travel agencies are going to hamper the growth of the market. The agencies are leaning towards SaaS-based and hosted solutions which is holding a major growth opportunity for Travel technology market. 

By the end of 2027, the Travel Technology market size is estimated to be at USD 16.02 billion. The growth in the Travel technology market is positively impacting the revenues generated by the industry key players in the travel and tourism sector. This offers travel and tourism agencies to enhance their booking revenues and drive the adoption of travel solutions.

Impact of COVID-19 on Travel Technology Market

Travel and tourism industry are that was hit by the pandemic majorly and is still recovering from the impact. Due to the lockdown restrictions, all the flights, trains and travel facilities were shut for the safety concerns and due to the impact of corona virus. Hence, there was a negative impact on the travel technology market and the companies are still reeling from the impact. As there is a relaxation in the lockdown, the companies are trying to get back on their feet by introducing the creative and innovative schemes for the flights and trains booking with all the safety precautions. Hence, keeping the growth at Travel technology market pace in the forecast period.

Market Segmentation

Global Travel Technology Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End-user/application segment analysis and Major key players analysis mentioned as below;

Segmentation Analysis of Travel Technology Market:

By type, Travel technology market is segmented into Airline & Hospitality IT Solutions and Global Distribution System (GDS). The Global Distribution System (GDS) segment held the most significant market share of 56.81% in the year 2026 with the market size of USD 8.17 billion. The Airline & Hospitality IT Solutions segment held the market share of 43.19% with the market size of USD 6.12 billion in the year 2026.

By Application type, Travel technology market is segmented into Travel Industry, Tourism Industry and Hospitality Industry. In this segment, Tourism Industry segment is accounted for the largest segment with a market share of 39.15% and estimated to have a market size of USD 5.67 billion in the year 2026 with a CAGR of 11.46%. 

Players Covered in Travel Technology Market are :

• Amadeus
• Navitaire
• Sabre
• Travelport
• CRS Technologies
• mTrip
• Qtech Software
• Tramada Systems
• PcVoyages 2000
• Lemax and other major players.

Among other players domestic and global, Travel Technology market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. Our analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Salient Features of the Travel Technology Market

The approximate expected value for Travel Technology was USD 6.81 billion in 2019, and it is expected to reach USD 14.34 billion by 2026.

• Synchronization issues in the traveling agencies faced by the organization due to the lack of big data analysts is expected to prove to be a restraint on the growth of the travel technology market.
• Emergence of artificial intelligence and the real-time data in travel technology is anticipated to grow business opportunity for the market companies to offer customer centric solution with the help of Artificial Intelligence to analyse and improve the decision-making process.
• The penetration of social media and traveling agencies leaning more towards the Software-as-a-service is propelling the growth of Travel technology market.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Travel Technology Market by Type
 5.1 Travel Technology Market Overview Snapshot and Growth Engine
 5.2 Travel Technology Market Overview
 5.3 Airline & Hospitality IT Solutions
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Airline & Hospitality IT Solutions: Grographic Segmentation
 5.4 Global Distribution System (GDS)
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Global Distribution System (GDS): Grographic Segmentation

Chapter 6: Travel Technology Market by Application
 6.1 Travel Technology Market Overview Snapshot and Growth Engine
 6.2 Travel Technology Market Overview
 6.3 Travel Industry
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Travel Industry: Grographic Segmentation
 6.4 Tourism Industry
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Tourism Industry: Grographic Segmentation
 6.5 Hospitality Industry
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Hospitality Industry: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Travel Technology Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Travel Technology Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Travel Technology Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 AMADEUS
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 NAVITAIRE
 7.4 SABRE
 7.5 TRAVELPORT
 7.6 CRS TECHNOLOGIES
 7.7 MTRIP
 7.8 QTECH SOFTWARE
 7.9 TRAMADA SYSTEMS
 7.10 PCVOYAGES 2000
 7.11 LEMAX
 7.12 OTHER MAJOR PLAYERS

Chapter 8: Global Travel Technology Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Type
  8.2.1 Airline & Hospitality IT Solutions
  8.2.2 Global Distribution System (GDS)
 8.3 Historic and Forecasted Market Size By Application
  8.3.1 Travel Industry
  8.3.2 Tourism Industry
  8.3.3 Hospitality Industry

Chapter 9: North America Travel Technology Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Airline & Hospitality IT Solutions
  9.4.2 Global Distribution System (GDS)
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Travel Industry
  9.5.2 Tourism Industry
  9.5.3 Hospitality Industry
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Travel Technology Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Airline & Hospitality IT Solutions
  10.4.2 Global Distribution System (GDS)
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Travel Industry
  10.5.2 Tourism Industry
  10.5.3 Hospitality Industry
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Travel Technology Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Airline & Hospitality IT Solutions
  11.4.2 Global Distribution System (GDS)
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Travel Industry
  11.5.2 Tourism Industry
  11.5.3 Hospitality Industry
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Travel Technology Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Airline & Hospitality IT Solutions
  12.4.2 Global Distribution System (GDS)
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Travel Industry
  12.5.2 Tourism Industry
  12.5.3 Hospitality Industry
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Travel Technology Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Airline & Hospitality IT Solutions
  13.4.2 Global Distribution System (GDS)
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Travel Industry
  13.5.2 Tourism Industry
  13.5.3 Hospitality Industry
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. TRAVEL TECHNOLOGY MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. TRAVEL TECHNOLOGY MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. TRAVEL TECHNOLOGY MARKET COMPETITIVE RIVALRY
TABLE 005. TRAVEL TECHNOLOGY MARKET THREAT OF NEW ENTRANTS
TABLE 006. TRAVEL TECHNOLOGY MARKET THREAT OF SUBSTITUTES
TABLE 007. TRAVEL TECHNOLOGY MARKET BY TYPE
TABLE 008. AIRLINE & HOSPITALITY IT SOLUTIONS MARKET OVERVIEW (2016-2028)
TABLE 009. GLOBAL DISTRIBUTION SYSTEM (GDS) MARKET OVERVIEW (2016-2028)
TABLE 010. TRAVEL TECHNOLOGY MARKET BY APPLICATION
TABLE 011. TRAVEL INDUSTRY MARKET OVERVIEW (2016-2028)
TABLE 012. TOURISM INDUSTRY MARKET OVERVIEW (2016-2028)
TABLE 013. HOSPITALITY INDUSTRY MARKET OVERVIEW (2016-2028)
TABLE 014. NORTH AMERICA TRAVEL TECHNOLOGY MARKET, BY TYPE (2016-2028)
TABLE 015. NORTH AMERICA TRAVEL TECHNOLOGY MARKET, BY APPLICATION (2016-2028)
TABLE 016. N TRAVEL TECHNOLOGY MARKET, BY COUNTRY (2016-2028)
TABLE 017. EUROPE TRAVEL TECHNOLOGY MARKET, BY TYPE (2016-2028)
TABLE 018. EUROPE TRAVEL TECHNOLOGY MARKET, BY APPLICATION (2016-2028)
TABLE 019. TRAVEL TECHNOLOGY MARKET, BY COUNTRY (2016-2028)
TABLE 020. ASIA PACIFIC TRAVEL TECHNOLOGY MARKET, BY TYPE (2016-2028)
TABLE 021. ASIA PACIFIC TRAVEL TECHNOLOGY MARKET, BY APPLICATION (2016-2028)
TABLE 022. TRAVEL TECHNOLOGY MARKET, BY COUNTRY (2016-2028)
TABLE 023. MIDDLE EAST & AFRICA TRAVEL TECHNOLOGY MARKET, BY TYPE (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA TRAVEL TECHNOLOGY MARKET, BY APPLICATION (2016-2028)
TABLE 025. TRAVEL TECHNOLOGY MARKET, BY COUNTRY (2016-2028)
TABLE 026. SOUTH AMERICA TRAVEL TECHNOLOGY MARKET, BY TYPE (2016-2028)
TABLE 027. SOUTH AMERICA TRAVEL TECHNOLOGY MARKET, BY APPLICATION (2016-2028)
TABLE 028. TRAVEL TECHNOLOGY MARKET, BY COUNTRY (2016-2028)
TABLE 029. AMADEUS: SNAPSHOT
TABLE 030. AMADEUS: BUSINESS PERFORMANCE
TABLE 031. AMADEUS: PRODUCT PORTFOLIO
TABLE 032. AMADEUS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 032. NAVITAIRE: SNAPSHOT
TABLE 033. NAVITAIRE: BUSINESS PERFORMANCE
TABLE 034. NAVITAIRE: PRODUCT PORTFOLIO
TABLE 035. NAVITAIRE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. SABRE: SNAPSHOT
TABLE 036. SABRE: BUSINESS PERFORMANCE
TABLE 037. SABRE: PRODUCT PORTFOLIO
TABLE 038. SABRE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. TRAVELPORT: SNAPSHOT
TABLE 039. TRAVELPORT: BUSINESS PERFORMANCE
TABLE 040. TRAVELPORT: PRODUCT PORTFOLIO
TABLE 041. TRAVELPORT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. CRS TECHNOLOGIES: SNAPSHOT
TABLE 042. CRS TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 043. CRS TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 044. CRS TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. MTRIP: SNAPSHOT
TABLE 045. MTRIP: BUSINESS PERFORMANCE
TABLE 046. MTRIP: PRODUCT PORTFOLIO
TABLE 047. MTRIP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. QTECH SOFTWARE: SNAPSHOT
TABLE 048. QTECH SOFTWARE: BUSINESS PERFORMANCE
TABLE 049. QTECH SOFTWARE: PRODUCT PORTFOLIO
TABLE 050. QTECH SOFTWARE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. TRAMADA SYSTEMS: SNAPSHOT
TABLE 051. TRAMADA SYSTEMS: BUSINESS PERFORMANCE
TABLE 052. TRAMADA SYSTEMS: PRODUCT PORTFOLIO
TABLE 053. TRAMADA SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. PCVOYAGES 2000: SNAPSHOT
TABLE 054. PCVOYAGES 2000: BUSINESS PERFORMANCE
TABLE 055. PCVOYAGES 2000: PRODUCT PORTFOLIO
TABLE 056. PCVOYAGES 2000: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. LEMAX: SNAPSHOT
TABLE 057. LEMAX: BUSINESS PERFORMANCE
TABLE 058. LEMAX: PRODUCT PORTFOLIO
TABLE 059. LEMAX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 060. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 061. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 062. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. TRAVEL TECHNOLOGY MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. TRAVEL TECHNOLOGY MARKET OVERVIEW BY TYPE
FIGURE 012. AIRLINE & HOSPITALITY IT SOLUTIONS MARKET OVERVIEW (2016-2028)
FIGURE 013. GLOBAL DISTRIBUTION SYSTEM (GDS) MARKET OVERVIEW (2016-2028)
FIGURE 014. TRAVEL TECHNOLOGY MARKET OVERVIEW BY APPLICATION
FIGURE 015. TRAVEL INDUSTRY MARKET OVERVIEW (2016-2028)
FIGURE 016. TOURISM INDUSTRY MARKET OVERVIEW (2016-2028)
FIGURE 017. HOSPITALITY INDUSTRY MARKET OVERVIEW (2016-2028)
FIGURE 018. NORTH AMERICA TRAVEL TECHNOLOGY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 019. EUROPE TRAVEL TECHNOLOGY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. ASIA PACIFIC TRAVEL TECHNOLOGY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. MIDDLE EAST & AFRICA TRAVEL TECHNOLOGY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. SOUTH AMERICA TRAVEL TECHNOLOGY MARKET OVERVIEW BY COUNTRY (2016-2028)