NEW YORK, March 14, 2023 /PRNewswire/ — The online bus ticketing service market size is expected to grow by USD 3.43 billion from 2021 to 2026, according to Technavio research. The growth momentum of the market will accelerate at a CAGR of 26.33% during the forecast period, according to Technavio. The convenience of booking bus tickets online is driving the online bus ticketing service market growth. However, factors such as difficulty in scaling up businesses due to market fragmentation may impede market growth. For more details – Request a sample report.
With the emergence of the internet, travelers can now book bus ticket through various platforms without any hassle. Online booking is preferred by most people due to various reasons such as the easy availability of bus tickets of remote locations, 24/7 customer service, live bus tracking updates, etc. Additionally, to help users make an instant decisions online travel companies are a one-stop-shop for consumers as they provide every possible ticketing service. Consumers can easily compare flight, bus, or train tickets from different online travel booking web portals at their fingertips which is a primary factor to shift from offline to online booking. As per the data, in 2022, it was witnessed approximately 62.5% of the world’s population had access to the Internet, with the number of Internet users worldwide increasing by more than 190 million in 2021 compared to 2020. The increase in online bus ticket bookings is directly linked to the growth in the number of smartphone and Internet users worldwide. Although, the bus travel industry is highly fragmented and unorganized which is hindering market growth. Lack of awareness is another reason restraining the growth of the market. These challenges provide market players with new opportunities to resolve the issues hindering the growth of the market.
Online bus ticketing service market 2022-2026: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our online bus ticketing service market report covers the following areas:
Online bus ticketing service market 2022-2026: Segmentation
- Type
- Mobile application
- Desktop
- Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
Learn more about the contribution of each segment of the market. Download a sample
Online bus ticketing service market 2022-2026: Vendor analysis
We provide a detailed analysis of around 25 vendors operating in the online bus ticketing service market. Our research report on the online bus ticketing service market is designed to provide entry support, customer profile, and M&As, as well as go-to-market strategy support.
Le Travenues Technology Ltd., BAOLAU Pte Ltd., Busbud Inc., Busonlineticket Pte Ltd., Bustr Inc., Easy Trip Planners Ltd., FlixMobility GmbH, GoEuro Corp., GotoBus, Gozing Technology Pvt. Ltd., Hip Mobility Inc., KOBO CO. LTD., MakeMyTrip Ltd., Mantis Technologies Pvt. Ltd., Stelling Technologies Pvt. Ltd., TicketGoose, Vy Bus AS, WILLER Inc., Yatra Online Inc., and Zeelo Ltd. are some of the major market participants.
Online bus ticketing service market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist online bus ticketing service market growth during the next five years
- Estimation of the online bus ticketing service market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the online bus ticketing service market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of online bus ticketing service market vendors
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Online Bus Ticketing Service Market Scope |
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Report Coverage |
Details |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 26.33% |
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Market growth 2022-2026 |
USD 3.43 billion |
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Market structure |
Fragmented |
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YoY growth 2021-2022 (%) |
25.03 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 34% |
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Key countries |
US, Canada, India, China, and Germany |
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Competitive landscape |
Leading vendors, market positioning of vendors, competitive strategies, and industry risks |
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Key companies profiled |
Le Travenues Technology Ltd., BAOLAU Pte Ltd., Busbud Inc., Busonlineticket Pte Ltd., Bustr Inc., Easy Trip Planners Ltd., FlixMobility GmbH, GoEuro Corp., GotoBus, Gozing Technology Pvt. Ltd., Hip Mobility Inc., KOBO CO. LTD., MakeMyTrip Ltd., Mantis Technologies Pvt. Ltd., Stelling Technologies Pvt. Ltd., TicketGoose, Vy Bus AS, WILLER Inc., Yatra Online Inc., and Zeelo Ltd. |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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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 Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type – Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type – Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Mobile application – Market size and forecast 2021-2026
- Exhibit 28: Chart on Mobile application – Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Mobile application – Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Mobile application – Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Mobile application – Year-over-year growth 2021-2026 (%)
- 5.4 Desktop – Market size and forecast 2021-2026
- Exhibit 32: Chart on Desktop – Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Desktop – Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Desktop – Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Desktop – Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC – Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC – Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC – Year-over-year growth 2021-2026 (%)
- 7.4 North America – Market size and forecast 2021-2026
- Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
- 7.5 Europe – Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
- 7.6 South America – Market size and forecast 2021-2026
- Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa – Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- 7.8 India – Market size and forecast 2021-2026
- Exhibit 62: Chart on India – Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on India – Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on India – Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on India – Year-over-year growth 2021-2026 (%)
- 7.9 US – Market size and forecast 2021-2026
- Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
- 7.10 China – Market size and forecast 2021-2026
- Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
- 7.11 Germany – Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)
- 7.12 Canada – Market size and forecast 2021-2026
- Exhibit 78: Chart on Canada – Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Canada – Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Canada – Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 BAOLAU Pte Ltd.
- Exhibit 89: BAOLAU Pte Ltd. – Overview
- Exhibit 90: BAOLAU Pte Ltd. – Product / Service
- Exhibit 91: BAOLAU Pte Ltd. – Key offerings
- 10.4 Busonlineticket Pte Ltd.
- Exhibit 92: Busonlineticket Pte Ltd. – Overview
- Exhibit 93: Busonlineticket Pte Ltd. – Product / Service
- Exhibit 94: Busonlineticket Pte Ltd. – Key offerings
- 10.5 Easy Trip Planners Ltd.
- Exhibit 95: Easy Trip Planners Ltd. – Overview
- Exhibit 96: Easy Trip Planners Ltd. – Business segments
- Exhibit 97: Easy Trip Planners Ltd. – Key offerings
- Exhibit 98: Easy Trip Planners Ltd. – Segment focus
- 10.6 GotoBus
- Exhibit 99: GotoBus – Overview
- Exhibit 100: GotoBus – Product / Service
- Exhibit 101: GotoBus – Key offerings
- 10.7 KOBO CO. LTD.
- Exhibit 102: KOBO CO. LTD. – Overview
- Exhibit 103: KOBO CO. LTD. – Product / Service
- Exhibit 104: KOBO CO. LTD. – Key offerings
- 10.8 Le Travenues Technology Ltd.
- Exhibit 105: Le Travenues Technology Ltd. – Overview
- Exhibit 106: Le Travenues Technology Ltd. – Product / Service
- Exhibit 107: Le Travenues Technology Ltd. – Key offerings
- 10.9 MakeMyTrip Ltd.
- Exhibit 108: MakeMyTrip Ltd. – Overview
- Exhibit 109: MakeMyTrip Ltd. – Business segments
- Exhibit 110: MakeMyTrip Ltd. – Key offerings
- Exhibit 111: MakeMyTrip Ltd. – Segment focus
- 10.10 Vy Bus AS
- Exhibit 112: Vy Bus AS – Overview
- Exhibit 113: Vy Bus AS – Product / Service
- Exhibit 114: Vy Bus AS – Key offerings
- 10.11 WILLER Inc.
- Exhibit 115: WILLER Inc. – Overview
- Exhibit 116: WILLER Inc. – Product / Service
- Exhibit 117: WILLER Inc. – Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 118: Inclusions checklist
- Exhibit 119: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 120: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 121: Research methodology
- Exhibit 122: Validation techniques employed for market sizing
- Exhibit 123: Information sources
- 11.5 List of abbreviations
- Exhibit 124: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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