The travel services market in India to grow at a CAGR of 18.46% during the period 2017-2021.
Travel Services Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.
The 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. To calculate the market size, the report considers the travel services delivered by various service providers.
One trend in the market is availability of innovative mobile travel apps. The increase in adoption of mobile internet through smartphones has an impact on the travel services market in India. Smartphones provide advanced computing capabilities and allow users to access data whenever they need to.
According to the report, one driver in the market is strategic alliances such as mergers and acquisitions. Strategic alliances such as mergers and acquisitions is another driver in the travel services market in India.
Through alliances with other companies, the market players can enhance their products and services offerings. This also provides opportunities for international companies to enter the travel services market in India.
The travel services market in India is witnessing many strategic alliances, and the combined business activity in the market will lead to market growth.