India Alternative Accommodation Market Size & Outlook

The alternative accommodation market in India is expected to reach a projected revenue of US$ 21,425.5 million by 2030. A compound annual growth rate of 19.2% is expected of India alternative accommodation market from 2022 to 2030.
Revenue, 2021 (US$M)
$4,412.3
Forecast, 2030 (US$M)
$21,425.5
CAGR, 2022 - 2030
19.2%
Report Coverage
India

India alternative accommodation market highlights

  • The India alternative accommodation market generated a revenue of USD 4,412.3 million in 2021 and is expected to reach USD 21,425.5 million by 2030.
  • The India market is expected to grow at a CAGR of 19.2% from 2022 to 2030.
  • In terms of segment, home was the largest revenue generating accommodation type in 2021.
  • Apartments/Condominium is the most lucrative accommodation type segment registering the fastest growth during the forecast period.


Alternative accommodation market data book summary

Market revenue in 2021USD 4,412.3 million
Market revenue in 2030USD 21,425.5 million
Growth rate19.2% (CAGR from 2021 to 2030)
Largest segmentHome
Fastest growing segmentApartments/Condominium
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHome, Apartments/Condominium, Alternative Accommodation & Camping, Hostel
Key market players worldwideTrivago NV ADR, Airbnb Inc Ordinary Shares - Class A, Booking Holdings Inc, Expedia Group Inc, MakeMyTrip Ltd, Wyndham Hotels & Resorts Inc Ordinary Shares, Trip.com Group Ltd, Tripadvisor Inc, HomeToGo, Holidu


Other key industry trends

  • In terms of revenue, India accounted for 3.5% of the global alternative accommodation market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China alternative accommodation market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 21,425.5 million by 2030.

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Alternative Accommodation Market Scope

Alternative accommodation market segmentation & scope
Home
Apartments/Condominium
Alternative Accommodation & Camping
Hostel
Others
Online/Platform-based
Offline

Alternative Accommodation Market Companies

Name Profile # Employees HQ Website

India alternative accommodation market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to alternative accommodation market will help companies and investors design strategic landscapes.


Home was the largest segment with a revenue share of 32.32% in 2021. Horizon Databook has segmented the India alternative accommodation market based on home, apartments/condominium, alternative accommodation & camping, hostel covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of India alternative accommodation market databook

  • Our clientele includes a mix of alternative accommodation market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the India alternative accommodation market , including forecasts for subscribers. This country databook contains high-level insights into India alternative accommodation market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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India alternative accommodation market size, by accommodation type, 2017-2030 (US$M)

India Alternative Accommodation Market Outlook Share, 2021 & 2030 (US$M)

India alternative accommodation market size, by accommodation type, 2017-2030 (US$M)

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