(MENAFN- GlobeNewsWire - Nasdaq) The online travel agent market presents significant growth opportunities in the vacation packages and mobile/tablets-based segments, with strong regional growth expected in Asia-Pacific and North America. Companies should leverage technological innovation, strategic partnerships, and digital tools to enhance services and customer experience.

Dublin, Nov. 17, 2025 (GLOBE NEWSWIRE) -- The "Online Travel Agent Global Market Opportunities And Strategies To 2034" report has been added to ResearchAndMarkets's offering.

This report describes and explains the online travel agent market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global online travel agent market reached a value of nearly $907.69 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.04% since 2019. The market is expected to grow from $907.69 billion in 2024 to $1.18 trillion in 2029 at a rate of 5.53%. The market is then expected to grow at a CAGR of 5.79% from 2029 and reach $1.57 trillion in 2034.

Growth in the historic period resulted from increasing internet penetration and the rising number of smartphone users, surge in last minute booking, increase in solo travelers and expansion of tourism industry. Factors that negatively affected growth in the historic period were the high taxes on air travel and dependence on third-party suppliers.
Going forward, rise in e-commerce, surge in wellness and medical tourism, expansion of the hospitality sector and favorable government initiatives support will drive growth. Factor that could hinder the growth of the online travel agent market in the future include limited availability of Impact of regulatory constraints and cybersecurity threats.
The online travel agent market is segmented by service type into vacation packages, transportation, accommodation and other service types. The transportation market was the largest segment of the online travel agent market segmented by service type, accounting for 43.11% or $391.3 billion of the total in 2024. Going forward, the vacation packages segment is expected to be the fastest growing segment in the online travel agent market segmented by service type, at a CAGR of 5.37% during 2024-2029.
The online travel agent market is segmented by platform into mobile/tablets-based and desktop/laptop based. The desktop/laptop-based market was the largest segment of the online travel agent market segmented by platform, accounting for 69.62% or $631.9 billion of the total in 2024. Going forward, the mobile/tablets-based segment is expected to be the fastest growing segment in the online travel agent market segmented by platform, at a CAGR of 6.81% during 2024-2029.
The online travel agent market is segmented by mode of booking into hotel bookings, tickets and other categories. The hotel bookings market was the largest segment of the online travel agent market segmented by mode of booking, accounting for 50.03% or $454.11 million of the total in 2024. Going forward, the other categories segment is expected to be the fastest growing segment in the online travel agent market segmented by mode of booking, at a CAGR of 7.24% during 2024-2029.
Asia-Pacific was the largest region in the online travel agent market, accounting for 26.43% or $239.93 billion of the total in 2024. It was followed by Western Europe, North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the online travel agent market will be Asia-Pacific and North America where growth will be at CAGRs of 7.14% and 5.75% respectively. These will be followed by North America and Western Europe where the markets are expected to grow at CAGRs of 5.08% and 3.99% respectively.
The global online travel agent market is fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 6.66% of the total market in 2023. Booking Holdings was the largest competitor with a 2.46% share of the market, followed by Expedia Group with 1.48%, Airbnb with 1.14%, Group Limited with 0.76%, with 0.24%, TripAdvisor with 0.21%, LVMAMA with 0.11%, MakeMyTrip Limited with 0.09%, Despegar with 0.09% and eDreams Odigeo with 0.08%.
The top opportunities in the online travel agent market segmented by service type will arise in the accommodation segment, which will gain $121.84 billion of global annual sales by 2029. The top opportunities in the online travel agent market segmented by platform will arise in the desktop/laptop-based segment, which will gain $172.81 billion of global annual sales by 2029. The top opportunities in the online travel agent market segmented by mode of delivery will arise in the hotel bookings segment, which will gain $138.65 billion of global annual sales by 2029. The online travel agent market size will gain the most in the USA at $70.48 billion.
Market-trend-based strategies for the online travel agent market include OTA platform redefines personalized travel booking experience, travel leaders network launches internova SNAP as customized booking tool to enhance travel advisor efficiency, innovative travel digital tools transforming the online travel industry, revolutionizing the travel industry with innovative technology, increasing development of innovative AI travel assistants and strategic partnerships driving innovation and growth in the online travel agent market.
Player-adopted strategies in the online travel agent market include focus on strengthening its business operations through new product developments, focus on strategic partnerships to develop their business expertise.
To take advantage of the opportunities, the analyst recommends the online travel agent market companies to focus on building social-first platforms to enhance personalization and engagement, focus on proprietary online booking tools to streamline services and boost customer retention, focus on digital travel tools to enhance customer experience and expand market reach, focus on embracing technological innovation to enhance service delivery, focus on AI integration to enhance customer experience, expand in emerging markets, continue to focus on developed markets, focus on expanding distribution channels through strategic partnerships, focus on developing competitive pricing strategies, focus on targeted digital marketing channels, focus on influencer partnerships, focus on personalization to attract and retain digital travelers.
Key Attributes:

Report Attribute	Details
No. of Pages	341
Forecast Period	2024 - 2034
Estimated Market Value (USD) in 2024	$907.7 Million
Forecasted Market Value (USD) by 2034	$1570 Million
Compound Annual Growth Rate	5.7%
Regions Covered	Global

Major Market Trends

• OTA Platform Redefines Personalized Travel Booking Experience
• Travel Leaders Network Launches Internova SNAP As Customized Booking Tool To Enhance Travel Advisor Efficiency
• Innovative Travel Digital Tools Transforming The Online Travel Industry
• Revolutionizing The Travel Industry With Innovative Technology
• Increasing Development Of Innovative AI Travel Assistants
• Strategic Partnerships Driving Innovation And Growth In The Online Travel Agent Market

Companies Featured

• Booking Holdings
• Expedia Group
• Airbnb
• Group Limited
• TripAdvisor
• LVMAMA
• MakeMyTrip Limited
• Despegar
• eDreams Odigeo
• SiteMinder
• Alipay
• Travel
• Yanolja
• HanaTour
• Interpark Corp
• Fliggy
• Qyer
• MaFengWo
• Cncn Travel
• eLong
• Tongcheng Network Technology Co
• Tujia
• Xiaozhu
• Klook
• Huangbaoche
• Huoli
• China International Travel Service Corporation Limited
• Tuniu
• Travelplan Australia
• Traveloka
• Utiket
• NusaTrip
• Daily Hotel
• Mode Tour
• Yatra
• EaseMyTrip
• Goibibo
• Thomas Cook India
• JTB (Japan Travel Bureau) Corporation
• Jalan
• Ikyu
• Evolable
• Rakuten Travel
• TripStax Technologies Limited
• Les 3 Vallees Travel
• Juniper Travel Technology
• Bedsonline
• Amadeus IT Group
• Omio
• TravelPerk
• Hopper
• Trivago
• ThomasCook
• ab-in-den-Urlaub
• HolidayCheck
• fluege
• Opodo
• weg
• Sherpa Expeditions
• Stoke Travel
• Topdeck Travel
• Sicily Activities
• Flag Travel Holidays
• Soleto Travel
• Busabout
• Euroventure
• Skyscanner Ltd
• Opodo Ltd
• On the Beach Group plc
• We Love Holidays Ltd
• Secret Escapes Ltd
• Voyage Prive UK
• Group
• Vola
• eSky
• Fly-Go
• Oktogo
• Travelata
• Aviasales
• Tutu
• AnywayAnyday
• OneTwoTrip
• Ozon Travel
• Ostrovok
• Onlinetours
• HipWay
• Unitiki
• WeAtlas
• Travelocity
• Fly
• Zenhotels
• Travly
• ONVIGO
• Air Canada Vacations
• TRAVELSAVERS Canada
• Agoda
• Hotwire
• G Adventures
• Destination Services Mexico
• Contiki
• On The Go Tours
• Bel Air Travel
• Canada Travels
• Canuck Abroad
• Cheap flights
• FlightCentre
• Priceline
• Lonely Planet Global Inc
• Air Gorilla, LLC
• American Express Company
• Egencia
• CWT
• AmTrav
• Inntopia
• Travel Leaders Network
• Sabre Corporation
• Deem
• TRAVELSAVERS
• DxTravela
• Agile Engine
• Solvd
• Rootstrap
• Genium
• Hotel Urbano
• Submarino Viagens
• Viaja Net
• Say Hueque Argentina Journeys
• World Expeditions
• Tucan Travel
• MyHotels
• Cleartrip
• Wego
• Flyin
• Yamsafer
• Holiday Me
• Rehlat
• Tajawal
• Almosafer
• Hoojoozat
• Musafir
• Hotel Online
• TP Connects
• Hey Flyer
• Trivol
• Travel Talk
• Cost Saver
• Timeless Tours
• Intrepid Travel
• Trafalgar
• Expat Explore Travel
• Vacations to go travel
• Insight Vacations
• Exodus Travels
• Dragoman
• Cape Town Day Tours
• Kabura Travel & Tours

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• Global Online Travel Agent Market

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