November 24, 2022

India’s travel services market expected to grow by $11.78 billion by 2026 –

DUBLIN–(BUSINESS WIRE)–Report “India Travel Services Market 2022-2026” has been added to from offer.

The publisher monitors the travel services market in India and it is poised to grow by $11.78 billion during the period 2022-2026, accelerating at a CAGR of 11.38% during the period forecast.

The market is driven by the increase in the number of mergers and acquisitions, strategic partnerships and alliances, the increase in international tourist visitation and the growing adoption of online payment platforms.

This study identifies the introduction of low cost airlines as one of the major reasons for the growth of the travel services market in India over the next few years. In addition, the increased contribution of travel and tourism to GDP and employment and technological advancements in mobile and web-based travel service platforms will drive significant demand in the market.

Main topics covered:

1. Summary

1.1 Market Overview

2 Market landscape

2.1 Market ecosystem

3 Market sizing

3.1 Market Definition

3.2 Market Segment Analysis

3.3 Market Size 2021

3.4 Market Outlook: Forecast for 2021-2026

4 Five forces analysis

5 Market Segmentation by Booking Mode

5.1 Market Segments

5.2 Comparison by booking method

5.3 Online – Market Size and Forecast 2021-2026

5.4 Offline – Market Size and Forecast 2021-2026

5.5 Market opportunity by booking mode

6 Market Segmentation by Service

6.1 Market Segments

6.2 Comparison by service

6.3 Domestic Flight Services – Market Size and Forecast 2021-2026

6.4 Hotel Accommodation Services – Market Size and Forecast 2021-2026

6.5 Rail Ticketing Services – Market Size and Forecast 2021-2026

6.6 Taxi Services – Market Size and Forecast 2021-2026

6.7 Others – Market Size and Forecast 2021-2026

6.8 Market Opportunity by Service

Exhibit 59: Market opportunity by service ($millions)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 60: Analysis of price sensitivity, life cycle, customer shopping basket, adoption rates and purchase criteria

8 drivers, challenges and trends

8.1 Market Drivers

8.2 Market Challenges

8.3 Impact of factors and challenges

8.4 Market trends

9 Supplier Landscape

9.1 Overview

9.2 Supplier Landscape

9.3 Landscape disturbance

9.4 Industrial risks

10 Vendor Analysis

Companies cited

  • Airbnb inc.

  • ANI Private Technologies Ltd.

  • Cox and Kings Ltd.

  • Expedia Group Inc.

  • Fairfax Financial Holdings Ltd.

  • Indian Railway Catering and Tourism Corp. ltd.

  • Kesari Tours Pvt. ltd.

  • Mahindra Holidays and Resorts India Ltd.

  • MakeMyTrip Ltd.

  • Meru Mobility Tech Private Ltd.

  • One97 Communications Ltd.

  • Oravel Stays Ltd.

  • Radiant Info Systems Ltd.

  • Hotel in Treebo

  • TripAdvisor LLC

  • Uber Technologies Inc.

  • Walmart Inc.

  • Yatra Online Inc.

  • ITC Ltd.

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