The online bus ticketing service market is forecasted to grow by USD 5741.91 mn during 2023-2028, accelerating at a CAGR of 26.97% during the forecast period. The report on the online bus ticketing service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Market Scope
Base Year
2023
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
25.63%
CAGR
26.97%
Incremental Value
$5741.91mn
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing internet and smartphone penetration, convenience of booking bus tickets online, and evolving online travel booking behavior of consumers.
Technavio's online bus ticketing service market is segmented as below:
By Application
Business travel
Tourism travel
By Type
Mobile application
Desktop
By Geography
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the increasing adoption of online payment platforms as one of the prime reasons driving the online bus ticketing service market growth during the next few years. Also, importance of bus transportation in providing potential growth opportunities and increasing focus on marketing and promotional activities for customer acquisition will lead to sizable demand in the market.
The report on the online bus ticketing service market covers the following areas:
Online bus ticketing service market sizing
Online bus ticketing service market forecast
Online bus ticketing service market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online bus ticketing service market vendors that include BAOLAU Pte Ltd., Busbud Inc., Busonlineticket Pte Ltd., Easy Trip Planners Ltd., FlixMobility GmbH, Global Charter Services Inc., GoEuro Corp., GotoBus, Gozing Technology Pvt. Ltd., Hip Mobility Inc., KOBO CO. LTD., Le Travenues Technology Ltd., MakeMyTrip Ltd., Mantis Technologies Pvt. Ltd., Stelling Technologies Pvt. Ltd., TicketGoose, Vy Bus AS, WILLER Inc., Yatra Online Inc., and Zeelo Ltd.. Also, the online bus ticketing service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global online bus ticketing service market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global online bus ticketing service market 2018 - 2022 ($ million)