PUBLISHER: The Business Research Company | PRODUCT CODE: 1704138
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704138
Digital Travel Global Market Report 2025
Digital travel involves utilizing online platforms and technologies to facilitate the planning, booking, and organization of travel-related services, including flights, accommodations, and activities. These platforms encompass a diverse array of websites and mobile applications designed to simplify the travel process for consumers.
The primary categories of digital travel are domestic and international. Domestic travel involves individuals exploring different cities, regions, or attractions within their own country, without crossing national borders. This type of travel is popular among various types of tourists, including independent travelers, tour groups, and package travelers, across different age groups such as 26-35 years, 36-45 years, and 46-55 years, as well as various consumer orientations such as men and women.
The digital travel market research report is one of a series of new reports from The Business Research Company that provides digital travel market statistics, including digital travel industry global market size, regional shares, competitors with a digital travel market share, detailed digital travel market segments, market trends and opportunities, and any further data you may need to thrive in the digital travel industry. This digital travel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The digital travel market size has grown rapidly in recent years. It will grow from $423.94 billion in 2024 to $484.18 billion in 2025 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to increasing internet penetration, rising consumer confidence in online transactions, growing availability of smartphones, increasing globalization, increasing integration of social media platforms.
The digital travel market size is expected to see rapid growth in the next few years. It will grow to $812.56 billion in 2029 at a compound annual growth rate (CAGR) of 13.8%. The growth in the forecast period can be attributed to increasing integration of artificial intelligence, rising demand for virtual and augmented reality, growing adoption of blockchain technology, growing use of voice-activated assistants, increasing demand for hyper-personalized travel experiences. Major trends in the forecast period include integration of Internet of Things, integration of augmented reality, artificial intelligence, blockchain technology, and innovative software solutions.
The surge in tourism's popularity is anticipated to drive the expansion of the digital travel market in the foreseeable future. Tourism entails journeys to distant or exotic locales for physically challenging activities or experiences that evoke a sense of adventure, excitement, and exploration. Thanks to digital technology and social media platforms, individuals now have easier access to research, plan, and book their trips. The proliferation of online travel agencies, booking platforms, and review websites has empowered travelers, enhancing the accessibility, convenience, and appeal of tourism. This trend is particularly favored by tourists seeking adventurous and distinctive experiences. For instance, in June 2023, the Adventure Travel Trade Association reported an average trip fill rate of 65%, reflecting a significant 52% surge from 2021 levels. Moreover, according to the US Department of Commerce 2021 Highlights, international arrivals for travel and tourism in US states rose to 22.1 million in 2021 from 19.2 million in 2020, further illustrating the upward trajectory of tourism and its impact on the digital travel market.
Leading players in the digital travel market are prioritizing the development of intelligent and sophisticated solutions, including digital applications, to enrich user experiences and streamline travel processes. These apps offer convenient access to information, services, and entertainment, often allowing users to personalize their experiences based on preferences and requirements. For example, in February 2023, Lufthansa introduced a digital travel companion app, furnishing travelers with real-time updates and pertinent information in a redesigned and optimized interface. Additionally, the app features self-service tools to aid travelers during peak periods, a user-friendly digital wallet for seamless payment transactions, and an intuitive check-in process.
In March 2024, Amadeus, a technology company headquartered in Spain, acquired Voxel for an undisclosed sum. This acquisition provides Amadeus with expanded payment services for travel sellers and a more automated electronic invoicing solution for various entities in the travel sector, including tour operators, TMCs, hotel aggregators, and hotels. Voxel, a US-based technology company specializing in digital travel solutions, particularly focuses on electronic invoicing and B2B payment solutions for the travel industry.
Major companies operating in the digital travel market are Oracle Corporation, Uber Technologies Inc., TUI Group, Booking Holdings Inc., Expedia Group Inc., Airbnb Inc., Amadeus IT Group SA, Trip.com Group, Sabre Corporation, WEX Inc., American Express Global Business Travel, Tripadvisor Inc., Orbitz, Travelport International Operations Limited, Hopper Inc., Fareportal Inc., Hotels.com, MakeMyTrip Ltd., Hotel Reservation Service, Kayak Inc., Yatra Online Inc., Tavisca Solutions Pvt. Ltd., Thomas Cook India Ltd., Hurb Co S/A, SABS Travel Technologies
Asia-Pacific was the largest region in the digital travel market in 2024. The regions covered in the digital travel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digital travel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The digital travel market includes revenues earned by online booking platforms, transportation services, and accommodation booking. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Digital Travel Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on digital travel market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
Scope
Table of Contents
1. Executive Summary
2. Digital Travel Market Characteristics
3. Digital Travel Market Trends And Strategies
4. Digital Travel Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Digital Travel Growth Analysis And Strategic Analysis Framework
- 5.1. Global Digital Travel PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Digital Travel Market Growth Rate Analysis
- 5.4. Global Digital Travel Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Digital Travel Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Digital Travel Total Addressable Market (TAM)
6. Digital Travel Market Segmentation
7. Digital Travel Market Regional And Country Analysis
8. Asia-Pacific Digital Travel Market
9. China Digital Travel Market
10. India Digital Travel Market
11. Japan Digital Travel Market
12. Australia Digital Travel Market
13. Indonesia Digital Travel Market
14. South Korea Digital Travel Market
15. Western Europe Digital Travel Market
16. UK Digital Travel Market
17. Germany Digital Travel Market
18. France Digital Travel Market
19. Italy Digital Travel Market
20. Spain Digital Travel Market
21. Eastern Europe Digital Travel Market
22. Russia Digital Travel Market
23. North America Digital Travel Market
24. USA Digital Travel Market
25. Canada Digital Travel Market
26. South America Digital Travel Market
27. Brazil Digital Travel Market
28. Middle East Digital Travel Market
29. Africa Digital Travel Market
30. Digital Travel Market Competitive Landscape And Company Profiles
31. Digital Travel Market Other Major And Innovative Companies
32. Global Digital Travel Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Digital Travel Market
34. Recent Developments In The Digital Travel Market
35. Digital Travel Market High Potential Countries, Segments and Strategies
36. Appendix
