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Global Artificial Intelligence in Travel Market Research Report 2024
Synopsis
Global Artificial Intelligence in Travel market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Artificial Intelligence in Travel market research.
As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate €9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security. In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022. According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.6%, including software, hardware and services.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/20 of that of the United States.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Artificial Intelligence in Travel market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Amadeus
Expedia Group
Booking.com
Sabre
Airbnb
Skyscanner
Kayak
TripActions
Hopper
TravelPerk
Agoda
Google Travel
Cleartrip
MakeMyTrip
CWT
Segment by Type
Hardware
Software
Service
Segment by Application
Personalized Recommendations
Virtual Assistants and Chatbots
Sentiment Analysis
Predictive Analytics
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Artificial Intelligence in Travel report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Global Artificial Intelligence in Travel market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Artificial Intelligence in Travel market research.
As an important force driving a new round of scientific and technological revolution, artificial intelligence has been of national strategic importance. Many governments introduces polices and increase capital investment to support AI companies. The Digital Europe plan adopted by the European Union will allocate €9.2 billion on high-tech investments, such as supercomputing, artificial intelligence, and network security. In order to maintain its leading position, the United States will increase its investment in artificial intelligence research and development in non-defense fields, from US$1.6 billion to US$1.7 billion in 2022. According to the latest data released by IDC, global artificial intelligence revenue was US$432.8 billion in 2022, a year-on-year increase of 19.6%, including software, hardware and services.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/20 of that of the United States.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Artificial Intelligence in Travel market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Amadeus
Expedia Group
Booking.com
Sabre
Airbnb
Skyscanner
Kayak
TripActions
Hopper
TravelPerk
Agoda
Google Travel
Cleartrip
MakeMyTrip
CWT
Segment by Type
Hardware
Software
Service
Segment by Application
Personalized Recommendations
Virtual Assistants and Chatbots
Sentiment Analysis
Predictive Analytics
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Artificial Intelligence in Travel report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Artificial Intelligence in Travel Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Hardware
1.2.3 Software
1.2.4 Service
1.3 Market by Application
1.3.1 Global Artificial Intelligence in Travel Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Personalized Recommendations
1.3.3 Virtual Assistants and Chatbots
1.3.4 Sentiment Analysis
1.3.5 Predictive Analytics
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Artificial Intelligence in Travel Market Perspective (2018-2029)
2.2 Artificial Intelligence in Travel Growth Trends by Region
2.2.1 Global Artificial Intelligence in Travel Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Artificial Intelligence in Travel Historic Market Size by Region (2018-2023)
2.2.3 Artificial Intelligence in Travel Forecasted Market Size by Region (2024-2029)
2.3 Artificial Intelligence in Travel Market Dynamics
2.3.1 Artificial Intelligence in Travel Industry Trends
2.3.2 Artificial Intelligence in Travel Market Drivers
2.3.3 Artificial Intelligence in Travel Market Challenges
2.3.4 Artificial Intelligence in Travel Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Artificial Intelligence in Travel Players by Revenue
3.1.1 Global Top Artificial Intelligence in Travel Players by Revenue (2018-2023)
3.1.2 Global Artificial Intelligence in Travel Revenue Market Share by Players (2018-2023)
3.2 Global Artificial Intelligence in Travel Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Artificial Intelligence in Travel Revenue
3.4 Global Artificial Intelligence in Travel Market Concentration Ratio
3.4.1 Global Artificial Intelligence in Travel Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Artificial Intelligence in Travel Revenue in 2022
3.5 Artificial Intelligence in Travel Key Players Head office and Area Served
3.6 Key Players Artificial Intelligence in Travel Product Solution and Service
3.7 Date of Enter into Artificial Intelligence in Travel Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Artificial Intelligence in Travel Breakdown Data by Type
4.1 Global Artificial Intelligence in Travel Historic Market Size by Type (2018-2023)
4.2 Global Artificial Intelligence in Travel Forecasted Market Size by Type (2024-2029)
5 Artificial Intelligence in Travel Breakdown Data by Application
5.1 Global Artificial Intelligence in Travel Historic Market Size by Application (2018-2023)
5.2 Global Artificial Intelligence in Travel Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Artificial Intelligence in Travel Market Size (2018-2029)
6.2 North America Artificial Intelligence in Travel Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Artificial Intelligence in Travel Market Size by Country (2018-2023)
6.4 North America Artificial Intelligence in Travel Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Artificial Intelligence in Travel Market Size (2018-2029)
7.2 Europe Artificial Intelligence in Travel Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Artificial Intelligence in Travel Market Size by Country (2018-2023)
7.4 Europe Artificial Intelligence in Travel Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Artificial Intelligence in Travel Market Size (2018-2029)
8.2 Asia-Pacific Artificial Intelligence in Travel Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Artificial Intelligence in Travel Market Size by Region (2018-2023)
8.4 Asia-Pacific Artificial Intelligence in Travel Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Artificial Intelligence in Travel Market Size (2018-2029)
9.2 Latin America Artificial Intelligence in Travel Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Artificial Intelligence in Travel Market Size by Country (2018-2023)
9.4 Latin America Artificial Intelligence in Travel Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Artificial Intelligence in Travel Market Size (2018-2029)
10.2 Middle East & Africa Artificial Intelligence in Travel Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Artificial Intelligence in Travel Market Size by Country (2018-2023)
10.4 Middle East & Africa Artificial Intelligence in Travel Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Amadeus
11.1.1 Amadeus Company Detail
11.1.2 Amadeus Business Overview
11.1.3 Amadeus Artificial Intelligence in Travel Introduction
11.1.4 Amadeus Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.1.5 Amadeus Recent Development
11.2 Expedia Group
11.2.1 Expedia Group Company Detail
11.2.2 Expedia Group Business Overview
11.2.3 Expedia Group Artificial Intelligence in Travel Introduction
11.2.4 Expedia Group Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.2.5 Expedia Group Recent Development
11.3 Booking.com
11.3.1 Booking.com Company Detail
11.3.2 Booking.com Business Overview
11.3.3 Booking.com Artificial Intelligence in Travel Introduction
11.3.4 Booking.com Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.3.5 Booking.com Recent Development
11.4 Sabre
11.4.1 Sabre Company Detail
11.4.2 Sabre Business Overview
11.4.3 Sabre Artificial Intelligence in Travel Introduction
11.4.4 Sabre Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.4.5 Sabre Recent Development
11.5 Airbnb
11.5.1 Airbnb Company Detail
11.5.2 Airbnb Business Overview
11.5.3 Airbnb Artificial Intelligence in Travel Introduction
11.5.4 Airbnb Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.5.5 Airbnb Recent Development
11.6 Skyscanner
11.6.1 Skyscanner Company Detail
11.6.2 Skyscanner Business Overview
11.6.3 Skyscanner Artificial Intelligence in Travel Introduction
11.6.4 Skyscanner Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.6.5 Skyscanner Recent Development
11.7 Kayak
11.7.1 Kayak Company Detail
11.7.2 Kayak Business Overview
11.7.3 Kayak Artificial Intelligence in Travel Introduction
11.7.4 Kayak Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.7.5 Kayak Recent Development
11.8 TripActions
11.8.1 TripActions Company Detail
11.8.2 TripActions Business Overview
11.8.3 TripActions Artificial Intelligence in Travel Introduction
11.8.4 TripActions Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.8.5 TripActions Recent Development
11.9 Hopper
11.9.1 Hopper Company Detail
11.9.2 Hopper Business Overview
11.9.3 Hopper Artificial Intelligence in Travel Introduction
11.9.4 Hopper Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.9.5 Hopper Recent Development
11.10 TravelPerk
11.10.1 TravelPerk Company Detail
11.10.2 TravelPerk Business Overview
11.10.3 TravelPerk Artificial Intelligence in Travel Introduction
11.10.4 TravelPerk Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.10.5 TravelPerk Recent Development
11.11 Agoda
11.11.1 Agoda Company Detail
11.11.2 Agoda Business Overview
11.11.3 Agoda Artificial Intelligence in Travel Introduction
11.11.4 Agoda Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.11.5 Agoda Recent Development
11.12 Google Travel
11.12.1 Google Travel Company Detail
11.12.2 Google Travel Business Overview
11.12.3 Google Travel Artificial Intelligence in Travel Introduction
11.12.4 Google Travel Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.12.5 Google Travel Recent Development
11.13 Cleartrip
11.13.1 Cleartrip Company Detail
11.13.2 Cleartrip Business Overview
11.13.3 Cleartrip Artificial Intelligence in Travel Introduction
11.13.4 Cleartrip Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.13.5 Cleartrip Recent Development
11.14 MakeMyTrip
11.14.1 MakeMyTrip Company Detail
11.14.2 MakeMyTrip Business Overview
11.14.3 MakeMyTrip Artificial Intelligence in Travel Introduction
11.14.4 MakeMyTrip Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.14.5 MakeMyTrip Recent Development
11.15 CWT
11.15.1 CWT Company Detail
11.15.2 CWT Business Overview
11.15.3 CWT Artificial Intelligence in Travel Introduction
11.15.4 CWT Revenue in Artificial Intelligence in Travel Business (2018-2023)
11.15.5 CWT Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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