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Tour Operator Software Market: By Deployment Mode (Cloud Based and On-Premises), By Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), By Subscription Type (One-Time Subscription, Monthly Subscription, and Annual Subscription), And By Regions – Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026

Covid-19

Global Tour Operator Software Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

According to Facts & Factors, the global tour operator software market was valued at USD 500 Million in 2020 and will reach USD 1,200 Million by 2026 with growth at a CAGR of 12% during 2021 – 2026.

logoReport Overview

The tourism industry is revolutionizing due to the rising adoption of tour operator software. The growing travel and tourism industry helps the adoption of tour operator software in order to advance the travel infrastructure, regulatory policies, booking processes, and to find new tourist locations. The tour operator software is known to help ease the booking and payment process. The tour operator software can spur stupendously with the rising globalization and cross border trade.

Tour operators use software to build their own tour activity, tour package, holiday, or travel itinerary and sell them directly to customers/travel agents. They sell their own products. Tour Operator Software is a travel software used to plan the best trip or itinerary for the tour operators or travel agents in order to automate their booking, customized package, accounting, payment gateway with customer management features, tour inventory, itinerary creation, back office management, MIS reports, and tour inventory.

logoIndustry Growth Factors

Growing penetration of Artificial Intelligence in the booking process by the operators helps attract more bookings, which thereby will propel the adoption of tour operator software across the world. Surging adoption of devices such as tablets, laptops, and mobile devices coupled with high Internet speed in recent years will probably bolster the market expansion.

The increasing tourism, high disposable income, growing trade volumes, and globalization are factors proliferating the market growth during the forecast period. Furthermore, the influence of digitalization on travel booking and payment are other aspects propelling the tour operator software market. With the rising tourism operators, new tourist destinations, and tourism packages, the opportunities for the global tour operator software are expected to rise over the forecast period. The adoption of AI and robotics in the tourism industry is boosting the customer experience and services offered by the tour operator. With the introduction of artificial travel intelligence, the travel arrangements for the passenger are further enhanced to meet their expectations.

Moreover, the use of travel technology software in the field of hospitality and travel industry helps ease the communication and information sharing between the operators & travelers, which will fuel the market expansion. However, during the COVID-19 pandemic the lockdown has created a negative impact on the travel and tourism industry; thereby, affecting the tour operator software market. Additionally, the stringent government norms put on domestic as well international travel is expected to further restrain the tour operator software market growth.

Tour Operator Software Market

logoSegmentation Analysis

The global tour operator software market is segmented based on deployment mode, enterprise size, subscription type, and regions.

Based on the deployment mode, the global tour operator software market is divided into cloud based and on-premises. The accessibility of cloud-based software from anywhere anytime majorly helps popularize its use and also generate the highest revenue for the global tour operator software market. The benefits of cloud-based software include no need for installation on the computer, easy data transfer to multiple users, and real-time data availability which helps the segment grow over the forecast period.

By enterprise size, the market is categorized into large enterprises and small & medium enterprises (SMEs). Large enterprises focus on customer preference by offering multiple destinations, hotels, and price ranges. The large enterprises segment holds the largest market share in the global tour operator software market. Large enterprises use tour operator software to provide various information such as amenities provided by hotels, tourist destinations, etc. all under a single roof. Most importantly, this software helps the employees in large enterprises stay on the same page in terms of policies and reservation processes so as to avoid errors.

On the basis of subscription type, the tour operator software market is classified into a one-time subscription, monthly subscription, and annual subscription.

logoReport Scope

Report Attribute

Details

Market Size in 2020

USD 500 Million

Projected Market Size in 2026

USD 1,200 Million

CAGR Growth Rate

12% CAGR

Base Year

2020

Forecast Years

2021-2026

Key Market Players

Travefy, Inc., Rezdy, TrekkSoft, Checkfront, Inc., Xola, Inc., Tourplan, Trawex Technologies Pvt Ltd., GP Solutions GmbH, Qtech Software, TraveloPro, TRYTN, Inc., TechnoHeaven Consultancy, IT Web Services, Retreat Guru, eMinds, Adventure Bucket List, Dolphin Dynamics, Centaur Systems, and others.

Key Segment

By Deployment Mode, y Enterprise Size, By Subscription Type, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoRegional Analysis

North America is expected to dominate the global tour operator software market during the forecast period. The growth is primarily due to the mounting tourist destinations, high disposable income, regulatory policies, travel infrastructure development, and rising adoption of software by tour operators in the region.

logoCompetitive Players

Some of the key players dominating the global tour operator software market include Travefy, Inc., Rezdy, TrekkSoft, Checkfront, Inc., Xola, Inc., Tourplan, Trawex Technologies Pvt Ltd., GP Solutions GmbH, Qtech Software, TraveloPro, TRYTN, Inc., TechnoHeaven Consultancy, IT Web Services, Retreat Guru, eMinds, Adventure Bucket List, Dolphin Dynamics, Centaur Systems, WebBookingExpert, Tenet Enterprises Solutions, Lemax Systems, INFOTREE, iRez Systems, Jambix, VacationLabs, Amadeus, and WeTravel, among others.

logoBy Deployment Mode Segment Analysis

  • Cloud Based
  • On-Premises

logoBy Enterprise Size Segment Analysis

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

logoBy Subscription Type Segment Analysis

  • One-Time Subscription
  • Monthly Subscription
  • Annual Subscription

logoBy Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Covid-19

Tour Operator Software Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Travefy Inc.
  • Rezdy
  • TrekkSoft
  • Checkfront Inc.
  • Xola Inc.
  • Tourplan
  • Trawex Technologies Pvt Ltd.
  • GP Solutions GmbH
  • Qtech Software
  • TraveloPro
  • TRYTN Inc.
  • TechnoHeaven Consultancy
  • IT Web Services
  • Retreat Guru
  • eMinds
  • Adventure Bucket List
  • Dolphin Dynamics
  • Centaur Systems
  • WebBookingExpert
  • Tenet Enterprises Solutions
  • Lemax Systems
  • INFOTREE
  • iRez Systems
  • Jambix
  • VacationLabs
  • Amadeus
  • WeTravel

Frequently Asked Questions

Growing penetration of Artificial Intelligence in the booking process, rapid globalization, rising tourism, high Internet speed, and growing penetration of smartphone, tablets, etc. are factors fueling the growth of the global tour operator software market.
According to Facts & Factors, global demand for tour operator software market is expected to generate revenue of around USD 1,200 Million by end of 2026, growing at a CAGR of around 12% between 2021 and 2026.
North America dominates the global tour operator software market due to the mounting tourist destinations, regulatory policies, high disposable income, travel infrastructure development, and growing adoption of software by tour operators in the region.
The key players dominating the global tour operator software market include Travefy, Inc., Rezdy, TrekkSoft, Checkfront, Inc., Xola, Inc., Tourplan, Trawex Technologies Pvt Ltd., GP Solutions GmbH, Qtech Software, TraveloPro, TRYTN, Inc., TechnoHeaven Consultancy, IT Web Services, Retreat Guru, eMinds, Adventure Bucket List, Dolphin Dynamics, Centaur Systems, WebBookingExpert, Tenet Enterprises Solutions, Lemax Systems, INFOTREE, iRez Systems, Jambix, VacationLabs, Amadeus, and WeTravel, among others.
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