Market Overview

Global Online Bus Ticketing Service Market 2018-2022 to Post a CAGR of 25%| Technavio

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The global online bus ticketing service market is expected to post a
CAGR of nearly 25% during the period 2018-2022, according to the latest
market research report by Technavio.

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Technavio has published a new market research report on the global online bus ticketing service mark ...

Technavio has published a new market research report on the global online bus ticketing service market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is evolving online travel
booking behavior of consumers. With the growing popularity of
Internet-enabled products and services, travelers are moving towards
online travel bookings for domestic as well and international flights,
bus tickets, train tickets, cabs, and hotels. Online booking makes its
easy for travelers to plan their trips and is thus becoming a very
competitive market.

This market research report on the global
online bus ticketing service market 2018-2022
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the increasing focus on marketing
and promotional activities for customer acquisition as one of the key
emerging trends in the global online bus ticketing service market:

Global online bus ticketing service market:
Increasing focus on marketing and promotional activities for customer
acquisition

The presence of several local and few global online bus ticketing
providers makes the market significantly competitive. Innovative
marketing strategies will play a significant role in differentiating
players from their competitors. Some of the strategies adopted by the
key players include discounts on first orders or during festivals and
holidays. Several vendors also provide personalized services and offers
for frequent travelers.

"There is high demand from individual and commercial customers.
Tech-savvy customers prefer to book through web portals and mobile apps
for their personal or work-related travel. In both developed and
emerging markets, corporate offices are partnering with online bus
ticketing service providers to facilitate services for their employees,"
says
a senior research analyst for retail goods and services.

Global online bus ticketing service market:
Segmentation analysis

This market research report segments the global online bus ticketing
service market by platform (mobile apps and websites) and geographical
regions (APAC, EMEA, and the Americas).

In 2017, the Americas dominated the market with a share of over 41%,
followed by EMEA and APAC respectively. Although APAC held the smallest
share of the market in 2017, it is expected to exhibit the maximum
growth over the forecast period, while EMEA will see a significant drop
in its market share by 2022.

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Technavio's sample reports are free of charge and contain multiple
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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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