The online bus ticketing service market potential growth difference will be USD 3.43 billion from 2021 to 2026, as per the latest market analysis report by Technavio. The report identifies the market to witness an accelerating CAGR of 26.33% during this period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The convenience of booking bus tickets online is one of the key drivers supporting the online bus ticketing service market growth. Online bus ticketing services are getting more traction from the online platforms mainly due to the easy access to online bus ticketing service portals from remote locations and on-the-go Service availability according to the convenience of the consumer’s 24/7 customer service. In addition, the importance of bus transportation in providing potential growth opportunities is another factor supporting the online bus ticketing service market growth. However, the difficulty in scaling up the business due to market fragmentation is one of the factors hindering the online bus ticketing service market growth. Many people still do not use online bus ticketing services to book bus tickets due to the reliability issue and lack of knowledge. In addition, people prefer directly booking their tickets from travel agencies and private bus operators instead of online applications. Such challenges will impede the market growth during the forecast period.
TypeMobile Application
The mobile application segment held the highest online bus ticketing service market share in 2021. The segment will continue to hold the highest share throughout the forecast period as travelers across the globe are pursuing convenient and pleasant travel experiences with the help of mobile-friendly solutions.DesktopGeographyAPAC
APAC was the largest revenue-generating regional segment of the market. 34% of the market’s growth will originate from APAC during the forecast period. India The increase in business travel will facilitate the online bus ticketing service market growth in APAC over the forecast period. India and China are the key markets for online bus ticketing service market in APAC. Market growth in this region will be slower than the growth of the market in other regions.North AmericaEuropeSouth AmericaMiddle East And Africa
The online bus ticketing service market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the online bus ticketing service market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Some of the key vendors and their offerings are covered in this report:
Le Travenues Technology Ltd.BAOLAU Pte Ltd.Busbud Inc.Busonlineticket Pte Ltd.Bustr Inc.Easy Trip Planners Ltd.FlixMobility GmbHGoEuro Corp.GotoBusGozing Technology Pvt. Ltd.Hip Mobility Inc.KOBO CO. LTD.MakeMyTrip Ltd.Mantis Technologies Pvt. Ltd.Stelling Technologies Pvt. Ltd.TicketGooseVy Bus ASWILLER Inc. Yatra Online Inc.Zeelo Ltd.
CAGR of the market during the forecast period 2022-2026Detailed information on factors that will assist online bus ticketing service market growth during the next five yearsEstimation of the online bus ticketing service market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the online bus ticketing service marketAnalysis of the market’s competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of online bus ticketing service market vendors
Le Travenues Technology Ltd., BAOLAU Pte Ltd., Busbud Inc., Busonlineticket Pte Ltd., Bustr Inc., Easy Trip Planners Ltd., FlixMobility GmbH, GoEuro Corp., GotoBus, Gozing Technology Pvt. Ltd., Hip Mobility Inc., KOBO CO. LTD., MakeMyTrip Ltd., Mantis Technologies Pvt. Ltd., Stelling Technologies Pvt. Ltd., TicketGoose, Vy Bus AS, WILLER Inc. , Yatra Online Inc., and Zeelo Ltd.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview
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Key Topics Covered
1 Executive Summary
1.1 Market overviewExhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by TypeExhibit 06: Executive Summary – Chart on Incremental GrowthExhibit 07: Executive Summary – Data Table on Incremental GrowthExhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystemExhibit 09: Parent marketExhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definitionExhibit 11: Offerings of vendors included in the market definition3.2 Market segment analysisExhibit 12: Market segments3.3 Market size 20213.4 Market outlook: Forecast for 2021-2026Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summaryExhibit 17: Five forces analysis – Comparison between 2021 and 20264.2 Bargaining power of buyersExhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 20264.3 Bargaining power of suppliersExhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 20264.4 Threat of new entrantsExhibit 20: Threat of new entrants – Impact of key factors in 2021 and 20264.5 Threat of substitutesExhibit 21: Threat of substitutes – Impact of key factors in 2021 and 20264.6 Threat of rivalryExhibit 22: Threat of rivalry – Impact of key factors in 2021 and 20264.7 Market conditionExhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Type
5.1 Market segmentsExhibit 24: Chart on Type – Market share 2021-2026 (%)Exhibit 25: Data Table on Type – Market share 2021-2026 (%)5.2 Comparison by TypeExhibit 26: Chart on Comparison by TypeExhibit 27: Data Table on Comparison by Type5.3 Mobile application – Market size and forecast 2021-2026Exhibit 28: Chart on Mobile application – Market size and forecast 2021-2026 ($ million)Exhibit 29: Data Table on Mobile application – Market size and forecast 2021-2026 ($ million)Exhibit 30: Chart on Mobile application – Year-over-year growth 2021-2026 (%)Exhibit 31: Data Table on Mobile application – Year-over-year growth 2021-2026 (%)5.4 Desktop – Market size and forecast 2021-2026Exhibit 32: Chart on Desktop – Market size and forecast 2021-2026 ($ million)Exhibit 33: Data Table on Desktop – Market size and forecast 2021-2026 ($ million)Exhibit 34: Chart on Desktop – Year-over-year growth 2021-2026 (%)Exhibit 35: Data Table on Desktop – Year-over-year growth 2021-2026 (%)5.5 Market opportunity by TypeExhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
6.1 Customer landscape overviewExhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentationExhibit 38: Chart on Market share by geography 2021-2026 (%)Exhibit 39: Data Table on Market share by geography 2021-2026 (%)7.2 Geographic comparisonExhibit 40: Chart on Geographic comparisonExhibit 41: Data Table on Geographic comparison7.3 APAC – Market size and forecast 2021-2026Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ million)Exhibit 43: Data Table on APAC – Market size and forecast 2021-2026 ($ million)Exhibit 44: Chart on APAC – Year-over-year growth 2021-2026 (%)Exhibit 45: Data Table on APAC – Year-over-year growth 2021-2026 (%)7.4 North America – Market size and forecast 2021-2026Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)7.5 Europe – Market size and forecast 2021-2026Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)7.6 South America – Market size and forecast 2021-2026Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)7.7 Middle East and Africa – Market size and forecast 2021-2026Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)7.8 India – Market size and forecast 2021-2026Exhibit 62: Chart on India – Market size and forecast 2021-2026 ($ million)Exhibit 63: Data Table on India – Market size and forecast 2021-2026 ($ million)Exhibit 64: Chart on India – Year-over-year growth 2021-2026 (%)Exhibit 65: Data Table on India – Year-over-year growth 2021-2026 (%)7.9 US – Market size and forecast 2021-2026Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)7.10 China – Market size and forecast 2021-2026Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)7.11 Germany – Market size and forecast 2021-2026Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)7.12 Canada – Market size and forecast 2021-2026Exhibit 78: Chart on Canada – Market size and forecast 2021-2026 ($ million)Exhibit 79: Data Table on Canada – Market size and forecast 2021-2026 ($ million)Exhibit 80: Chart on Canada – Year-over-year growth 2021-2026 (%)Exhibit 81: Data Table on Canada – Year-over-year growth 2021-2026 (%)7.13 Market opportunity by geographyExhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers8.2 Market challenges8.3 Impact of drivers and challengesExhibit 83: Impact of drivers and challenges in 2021 and 20268.4 Market trends
9 Vendor Landscape
9.1 Overview9.2 Vendor landscapeExhibit 84: Overview on Criticality of inputs and Factors of differentiation9.3 Landscape disruptionExhibit 85: Overview on factors of disruption9.4 Industry risksExhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors coveredExhibit 87: Vendors covered10.2 Market positioning of vendorsExhibit 88: Matrix on vendor position and classification10.3 BAOLAU Pte Ltd.Exhibit 89: BAOLAU Pte Ltd. – OverviewExhibit 90: BAOLAU Pte Ltd. – Product / ServiceExhibit 91: BAOLAU Pte Ltd. – Key offerings10.4 Busonlineticket Pte Ltd.Exhibit 92: Busonlineticket Pte Ltd. – OverviewExhibit 93: Busonlineticket Pte Ltd. – Product / ServiceExhibit 94: Busonlineticket Pte Ltd. – Key offerings10.5 Easy Trip Planners Ltd.Exhibit 95: Easy Trip Planners Ltd. – OverviewExhibit 96: Easy Trip Planners Ltd. – Business segmentsExhibit 97: Easy Trip Planners Ltd. – Key offeringsExhibit 98: Easy Trip Planners Ltd. – Segment focus10.6 GotoBusExhibit 99: GotoBus – OverviewExhibit 100: GotoBus – Product / ServiceExhibit 101: GotoBus – Key offerings10.7 KOBO CO. LTD.Exhibit 102: KOBO CO. LTD. – OverviewExhibit 103: KOBO CO. LTD. – Product / ServiceExhibit 104: KOBO CO. LTD. – Key offerings10.8 Le Travenues Technology Ltd.Exhibit 105: Le Travenues Technology Ltd. – OverviewExhibit 106: Le Travenues Technology Ltd. – Product / ServiceExhibit 107: Le Travenues Technology Ltd. – Key offerings10.9 MakeMyTrip Ltd.Exhibit 108: MakeMyTrip Ltd. – OverviewExhibit 109: MakeMyTrip Ltd. – Business segmentsExhibit 110: MakeMyTrip Ltd. – Key offeringsExhibit 111: MakeMyTrip Ltd. – Segment focus10.10 Vy Bus ASExhibit 112: Vy Bus AS – OverviewExhibit 113: Vy Bus AS – Product / ServiceExhibit 114: Vy Bus AS – Key offerings10.11 WILLER Inc.Exhibit 115: WILLER Inc. – OverviewExhibit 116: WILLER Inc. – Product / ServiceExhibit 117: WILLER Inc. – Key offerings
11 Appendix
11.1 Scope of the report11.2 Inclusions and exclusions checklistExhibit 118: Inclusions checklistExhibit 119: Exclusions checklist11.3 Currency conversion rates for US$Exhibit 120: Currency conversion rates for US$11.4 Research methodologyExhibit 121: Research methodologyExhibit 122: Validation techniques employed for market sizingExhibit 123: Information sources11.5 List of abbreviationsExhibit 124: List of abbreviations
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