Over the past decades, rising population, income levels, and spending are few factors accelerating the Travel & Transportation industry growth in Asia Pacific. Increasing infrastructure spending, business travel spending, exports and service development will boost the market in the upcoming years in Asia Pacific region; especially China will be dominating the market.
The Asia Pacific is set to be the biggest market for stakeholders to enhance their business and most of the travel & transportation industry players are entering the market. Especially, airlines travel industry is one of the fastest growing markets in Asia Pacific due to the affordable price and increasing exports and imports activities. According to Infoholic Research, the market will witness a CAGR of XX% during the forecast period 2016–2022. The rising demand, easing fuel prices, government initiatives and mobile based service are expected to drive the market growth in the upcoming years.
Few key players in the market are Accenture, Oracle, IBM, Xerox, Alstom SA, Cisco Systems Inc. and GE transportation. The report provides a comprehensive review of mobility applications, platforms, devices, and end-user segmentation with the forecast.
The study covers and analyzes the “Travel & Transportation management system” market in Asia Pacific. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.