Travel Technologies Market Growing at 8.3% CAGR during 2017-2021

PUNE, India, Feb. 15, 2017 /PRNewswire-iReach/ -- ReportsnReports.com includes Global Travel Technologies Market 2017-2021 new research report. Travel technologies are IT solutions used by airline companies, hotels, and OTAs to manage end-to-end travel solutions. IT solutions such as travel network management solution GDS, mobile solution, platform solutions, e-commerce software solution, data management solutions, and digital marketing solutions are primarily implemented in the travel industry.

Complete report on travel technologies market spread across 70 pages, analyzing 3 major companies and providing 23 data exhibits is now available at  http://www.reportsnreports.com/reports/857384-global-travel-technologies-market-2017-2021.html .

The analysts forecast the global travel technologies market to grow at a CAGR of 8.3% during the period 2017-2021. One trend in market is increasing adoption of biometrics and wearable technology. In the airline industry, the use of biometrics and wearable technologies will increase in the near future. Biometrics and wearable technologies are helping the airline industry to provide their customers hassle-free airline services. In 2015, Alaska Airlines integrated passengers' fingerprints for check-ins to replace travel documents.

According to the travel technologies market report, one driver in market is need to automate travel management systems. Travel automation technologies such as GDSs and e-payment systems automate the operational and transactional processes in travel organizations. Leading vendors such as Sabre and Amadeus have recognized the importance of automation in technology offerings. Automation in a business process in travel and tourism service providers not only helps to minimize the cost but also streamline the routine business process. Manual process and legacy systems have shown inefficiency in managing a large volume of transaction in OTAs.

Order a copy of Global Travel Technologies Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=857384.

The travel technology market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. According to the industry research report, the level of competition and challenge is increasing for leading vendors due to the availability of cloud-based property management software (PMS) software solutions offered by multiple players in the market.

Key players in the global travel technologies market: Amadeus, Sabre, and Travelport. Other Prominent Vendors in the market are: CRS Technologies, Dolphin Dynamics, ecare Technology Labs, Expert Travel Services, Fourth Dimension Software, Lemax, mTrip, PCVoyages 2000, Qtech Software, Technoheaven Consultancy, Toursys Solutions, Tramada Systems, TravelCarma, Trip Solutions, and Web Booking Expert.

The report, Global Travel Technologies Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

About Us:    

ReportsnReports.com is single source for all market research needs. The database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, ReportsnReports.com help in purchase decision by mapping information needs with it's huge collection of reports.

Media Contact: Ritesh Tiwari, ReportsnReports, + 1 888 391 5441, sales@reportsandreports.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE ReportsnReports