Middle East & Africa Online Travel Booking Service Market Size & Outlook
Middle East & Africa online travel booking service market, 2017-2030 (US$M)
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MEA online travel booking service market highlights
- The MEA online travel booking service market generated a revenue of USD 24,168.6 million in 2021.
- The market is expected to grow at a CAGR of 7.8% from 2022 to 2030.
- In terms of segment, transportation booking was the largest revenue generating service type in 2021.
- Accommodation Booking is the most lucrative service type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 24,168.6 million |
| Market revenue in 2030 | USD 47,595.2 million |
| Growth rate | 7.8% (CAGR from 2021 to 2030) |
| Largest segment | Transportation booking |
| Fastest growing segment | Accommodation Booking |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vacation Packages, Accommodation Booking, Transportation Booking |
| Key market players worldwide | Airbnb Inc Ordinary Shares - Class A, Expedia Group Inc, Booking Holdings Inc, Tripadvisor Inc, Trip.com Group Ltd, MakeMyTrip Ltd, Hostelworld Group PLC, Trivago NV ADR, Despegar.com Corp, Lastminute.com NV |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.7% of the global online travel booking service market in 2021.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 324,143.4 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Online Travel Booking Service Market Scope
Online Travel Booking Service Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa online travel booking service 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 online travel booking service market will help companies and investors design strategic landscapes.
Transportation booking was the largest segment with a revenue share of 51.45% in 2021. Horizon Databook has segmented the Middle East & Africa online travel booking service market based on vacation packages, accommodation booking, transportation booking covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Middle East & Africa online travel booking service market databook
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Our clientele includes a mix of online travel booking service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Middle East & Africa online travel booking service market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa online travel booking service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA online travel booking service market report size, by country, 2017-2030 (US$M)
Middle East & Africa Online Travel Booking Service Market Outlook Share, 2021 & 2030 (US$M)
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