India Travel Services Market 2022-2026

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	120 Pages	TechNavio	May, 2022	INF17198915

Best Price Guarantee
Price	from $2,500
Length	120 Pages
Publisher	TechNavio
Published Date	May, 2022
SKU	INF17198915

Travel Services Market in India 2022-2026

Technavio has been monitoring the travel services market in India and it is poised to grow by $ 11.78 bn during 2022-2026, accelerating at a CAGR of 11.38% during the forecast period. Our report on the travel services market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current country market scenario, latest trends and drivers, and the overall market environment. The market is driven by increase in the number of M&A, partnerships, and strategic alliances, increasing international tourist footfall, and increasing adoption of online payment platforms.

The travel services market in India analysis includes service and booking segments.

Technavio's travel services market in India is segmented as below:

Booking
Online
Offline

By Service

Domestic flight services
Hotel accommodation services
Rail ticket services
Cab services
Others

This study identifies the introduction of low-cost airlines as one of the prime reasons driving the travel services market growth in India during the next few years. Also, increased contribution of travel and tourism to GDP and employment and technological advances in mobile-based and website-based travel service platforms will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on travel services market in India covers the following areas:

Travel services market sizing
Travel services market forecast
Travel services market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading travel services market vendors in India that include Airbnb Inc., ANI Technologies Private 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., Treebo Hotels, TripAdvisor LLC, Uber Technologies Inc., Walmart Inc., Yatra Online Inc., and ITC Ltd. Also, the travel services market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Chart on Market Overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Chart on Country Market Characteristics
  - Table Executive Summary - Chart on Market Segmentation by Mode of Booking
  - Table Executive Summary - Chart on Market Segmentation by Service
  - Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2021
- Market outlook: Forecast for 2021-2026
  - Table Chart on India - Market size and forecast 2021-2026 ($ million)
  - Table Data Table on India - Market size and forecast 2021-2026 ($ million)
  - Table Chart on India: Year-over-year growth 2021-2026 (%)
  - Table Data Table on India: Year-over-year growth 2021-2026 (%)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2021 and 2026
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
- Bargaining power of suppliers
  - Table Bargaining power of suppliers - Impact of key factors in 2021 and 2026
- Threat of new entrants
  - Table Threat of new entrants - Impact of key factors in 2021 and 2026
- Threat of substitutes
  - Table Threat of substitutes - Impact of key factors in 2021 and 2026
- Threat of rivalry
  - Table Threat of rivalry - Impact of key factors in 2021 and 2026
- Market condition
  - Table Chart on Market condition - Five forces 2021 and 2026
Market Segmentation by Mode of Booking
- Market segments
  - Table Chart on Mode of Booking - Market share 2021-2026 (%)
  - Table Data Table on Mode of Booking - Market share 2021-2026 (%)
- Comparison by Mode of Booking
  - Table Chart on Comparison by Mode of Booking
  - Table Data Table on Comparison by Mode of Booking
- Online - Market size and forecast 2021-2026
  - Table Chart on Online - Market size and forecast 2021-2026 ($ million)
  - Table Data Table on Online - Market size and forecast 2021-2026 ($ million)
  - Table Chart on Online - Year-over-year growth 2021-2026 (%)
  - Table Data Table on Online - Year-over-year growth 2021-2026 (%)
- Offline - Market size and forecast 2021-2026
  - Table Chart on Offline - Market size and forecast 2021-2026 ($ million)
  - Table Data Table on Offline - Market size and forecast 2021-2026 ($ million)
  - Table Chart on Offline - Year-over-year growth 2021-2026 (%)
  - Table Data Table on Offline - Year-over-year growth 2021-2026 (%)
- Market opportunity by Mode of Booking
  - Table Market opportunity by Mode of Booking ($ million)
Market Segmentation by Service
- Market segments
  - Table Chart on Service - Market share 2021-2026 (%)
  - Table Data Table on Service - Market share 2021-2026 (%)
- Comparison by Service
  - Table Chart on Comparison by Service
  - Table Data Table on Comparison by Service
- Domestic flight services - Market size and forecast 2021-2026
  - Table Chart on Domestic flight services - Market size and forecast 2021-2026 ($ million)
  - Table Data Table on Domestic flight services - Market size and forecast 2021-2026 ($ million)
  - Table Chart on Domestic flight services - Year-over-year growth 2021-2026 (%)
  - Table Data Table on Domestic flight services - Year-over-year growth 2021-2026 (%)
- Hotel accommodation services - Market size and forecast 2021-2026
  - Table Chart on Hotel accommodation services - Market size and forecast 2021-2026 ($ million)
  - Table Data Table on Hotel accommodation services - Market size and forecast 2021-2026 ($ million)
  - Table Chart on Hotel accommodation services - Year-over-year growth 2021-2026 (%)
  - Table Data Table on Hotel accommodation services - Year-over-year growth 2021-2026 (%)
- Rail ticket services - Market size and forecast 2021-2026
  - Table Chart on Rail ticket services - Market size and forecast 2021-2026 ($ million)
  - Table Data Table on Rail ticket services - Market size and forecast 2021-2026 ($ million)
  - Table Chart on Rail ticket services - Year-over-year growth 2021-2026 (%)
  - Table Data Table on Rail ticket services - Year-over-year growth 2021-2026 (%)
- Cab services - Market size and forecast 2021-2026
  - Table Chart on Cab services - Market size and forecast 2021-2026 ($ million)
  - Table Data Table on Cab services - Market size and forecast 2021-2026 ($ million)
  - Table Chart on Cab services - Year-over-year growth 2021-2026 (%)
  - Table Data Table on Cab services - Year-over-year growth 2021-2026 (%)
- Others - Market size and forecast 2021-2026
  - Table Chart on Others - Market size and forecast 2021-2026 ($ million)
  - Table Data Table on Others - Market size and forecast 2021-2026 ($ million)
  - Table Chart on Others - Year-over-year growth 2021-2026 (%)
  - Table Data Table on Others - Year-over-year growth 2021-2026 (%)
- Market opportunity by Service
  - Table Market opportunity by Service ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Drivers, Challenges, and Trends
- Market drivers
  - Increase in the number of M&A, partnerships, and strategic alliances
  - Increasing international tourist footfall
  - Increasing adoption of online payment platforms
- Market challenges
  - Huge competition among players leads to a price war
  - Expansion of services in remote locations
  - Operational challenges for tour and holiday package service providers
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2021 and 2026
- Market trends
  - Introduction of low-cost airlines
  - Increased contribution of travel and tourism to GDP and employment
  - Technological advances in mobile-based and website-based travel service platforms
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Airbnb Inc.
  - Table Airbnb Inc. - Overview
  - Table Airbnb Inc. - Product / Service
  - Table Airbnb Inc. - Key offerings
- Cox and Kings Ltd.
  - Table Cox and Kings Ltd. - Overview
  - Table Cox and Kings Ltd. - Product / Service
  - Table Cox and Kings Ltd. - Key offerings
- Fairfax Financial Holdings Ltd.
  - Table Fairfax Financial Holdings Ltd. - Overview
  - Table Fairfax Financial Holdings Ltd. - Business segments
  - Table Fairfax Financial Holdings Ltd. - Key offerings
  - Table Fairfax Financial Holdings Ltd. - Segment focus
- Indian Railway Catering and Tourism Corp. Ltd.
  - Table Indian Railway Catering and Tourism Corp. Ltd. - Overview
  - Table Indian Railway Catering and Tourism Corp. Ltd. - Business segments
  - Table Indian Railway Catering and Tourism Corp. Ltd. - Key offerings
  - Table Indian Railway Catering and Tourism Corp. Ltd. - Segment focus
- ITC Ltd.
  - Table ITC Ltd. - Overview
  - Table ITC Ltd. - Business segments
  - Table ITC Ltd. - Key offerings
  - Table ITC Ltd. - Segment focus
- MakeMyTrip Ltd.
  - Table MakeMyTrip Ltd. - Overview
  - Table MakeMyTrip Ltd. - Business segments
  - Table MakeMyTrip Ltd. - Key offerings
  - Table MakeMyTrip Ltd. - Segment focus
- Oravel Stays Ltd.
  - Table Oravel Stays Ltd. - Overview
  - Table Oravel Stays Ltd. - Product / Service
  - Table Oravel Stays Ltd. - Key offerings
- TripAdvisor LLC
  - Table TripAdvisor LLC - Overview
  - Table TripAdvisor LLC - Business segments
  - Table TripAdvisor LLC - Key offerings
  - Table TripAdvisor LLC - Segment focus
- Walmart Inc.
  - Table Walmart Inc. - Overview
  - Table Walmart Inc. - Business segments
  - Table Walmart Inc. - Key news
  - Table Walmart Inc. - Key offerings
  - Table Walmart Inc. - Segment focus
- Yatra Online Inc.
  - Table Yatra Online Inc. - Overview
  - Table Yatra Online Inc. - Business segments
  - Table Yatra Online Inc. - Key offerings
  - Table Yatra Online Inc. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations