Travel Metasearch Engine Market

Travel Metasearch Engine market was valued at around $6.2 billion in 2022. It is projected to grow significantly, with an estimated value of approximately $13.5 billion by 2030

Pages: 250

Format: PDF

Date: 11-2024

Travel Metasearch Engine Market

The Travel Metasearch Engine Market revolves around online platforms that aggregate and compare travel-related information from various sources, allowing users to search for flights, hotels, car rentals, and vacation packages. Unlike online travel agencies (OTAs) that handle bookings directly, metasearch engines redirect users to supplier websites or OTAs to complete bookings. Popular examples of travel metasearch engines include Google Flights, Kayak, Skyscanner, and Trivago.

A travel metasearch engine is a type of online search platform that aggregates and compares travel-related information from multiple sources. These engines pull data from airlines, hotels, online travel agencies (OTAs), and other travel service providers, allowing users to compare prices, availability, and options in one place. However, unlike OTAs, metasearch engines do not handle bookings directly but redirect users to the relevant site to complete their transactions.

The global Travel Metasearch Engine market was valued at around $6.2 billion in 2022. It is projected to grow significantly, with an estimated value of approximately $13.5 billion by 2030, reflecting a compound annual growth rate (CAGR) of about 9.7% during this period.

Report Attributes Details
Study Period 2023 to 2033
Base Year 2023
FORECAST PERIOD 2024-2030
HISTORICAL PERIOD 2020-2023
UNIT Value (USD Billion)
KEY COMPANIES PROFILED Kayak
Skyscanner
Google Flights
Momondo
Trivago
Hipmunk
TravelSupermarket
TripAdvisor
Cheapflights
Wego
HotelsCombined
Priceline
Expedia
Orbitz
Travelocity
FareCompare
Jetcost
Liligo
Qunar
Vayama


SEGMENTS COVERED By Type, By Application, and By Geography
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Key Features:

Comparison of Prices: Travel metasearch engines allow users to compare flight, hotel, and car rental prices across multiple travel platforms at once, making it easier to find the best deal.

Transparency and Aggregation: They aggregate results from a range of suppliers, providing a comprehensive overview of travel options, which helps users make informed decisions.

Redirection to Partner Sites: When users find the ideal option, they are redirected to the supplier’s website (e.g., an airline, OTA, or hotel website) to finalize their bookings.

Popular Examples:

Google Flights: Allows for comparison of airfares across many airlines and travel agencies.

Skyscanner: Specializes in searching for flights, hotels, and car rentals.

Kayak: A well-known metasearch engine offering a variety of travel services including flights, hotels, and car rentals.

Trivago: Primarily focuses on comparing hotel prices and availability.

The appeal of travel metasearch engines lies in their ability to simplify the often complex task of planning travel by consolidating information into a single search platform. This enables users to save time and money when booking their trips.

Key Market Drivers

Rising Internet Penetration and Smartphone Usage: The increased use of smartphones and internet connectivity globally enables travelers to quickly search and compare travel options, fueling demand for metasearch engines.

Consumer Preference for Price Comparison: Users appreciate the ability to compare prices across multiple sites for the best deals, which metasearch engines offer by aggregating data from numerous travel providers.

Growth in Online Travel Market: The expansion of the online travel market, particularly post-pandemic, has created a surge in demand for digital solutions like metasearch engines, which provide convenience and comprehensive options.

Partnerships with Airlines, Hotels, and OTAs: To offer users a wide range of options, metasearch engines often form partnerships with airlines, hotel chains, and OTAs, enhancing the depth and breadth of their databases.

Market Segmentation

The Travel Metasearch Engine Market can be segmented by platform type, service type, device type, and region:

By Platform Type: Mobile applications and websites. Mobile applications are particularly popular due to on-the-go accessibility.

By Service Type: Flights, hotels, car rentals, and vacation packages. Flights and hotels represent the largest segments, as these are the most commonly searched services.

By Device Type: Smartphones, tablets, and desktops. Smartphones dominate due to their accessibility and the rise of mobile-first travel behavior.

By Region: North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific is the fastest-growing region due to increasing digital adoption and travel demand.

Challenges

Dependency on Ad Revenue and Affiliate Commissions: Travel metasearch engines primarily rely on ad revenue and affiliate commissions, making them vulnerable to fluctuations in advertiser spending and travel trends.

Intense Competition: Major players like Google and TripAdvisor dominate the market, posing a challenge for smaller platforms.

User Privacy Concerns: Increasing emphasis on data privacy and regulations like the GDPR in Europe can pose operational challenges for metasearch engines in terms of data handling and compliance.

Market Trends

Integration of Artificial Intelligence (AI) and Machine Learning: AI and machine learning help metasearch engines offer personalized search results and pricing, improving user experience.

Increased Focus on Voice Search Optimization: As more users rely on voice-activated assistants for travel planning, metasearch engines are optimizing for voice search to cater to this trend.

Expansion into Non-traditional Travel Services: Some metasearch engines are expanding into activities, local experiences, and dining reservations, adding value and attracting more users.

Key Players

Leading players in the travel metasearch engine market include:

Google Flights: Offers a powerful search engine with flight comparisons, trends, and price predictions.

Skyscanner: Known for flight comparisons, Skyscanner has also expanded into hotel and car rental services.

Kayak: A popular platform for flights, hotels, and car rentals with a robust mobile app.

Trivago: Focused primarily on hotel comparisons, with a strong presence in Europe.

TripAdvisor: Although primarily a review platform, TripAdvisor has expanded its metasearch offerings for hotels and activities.

Future Outlook

The Travel Metasearch Engine Market is expected to continue growing as digital travel planning becomes more popular and consumer preference for transparency and convenience persists. Additionally, technological advancements in AI and machine learning will allow for more personalized search results, enhancing user experience and engagement. The market is projected to grow at a significant compound annual growth rate (CAGR) over the next few years, particularly in emerging markets where digital adoption is on the rise.

Travel Metasearch Engine Market Segments

By Type

Flight Metasearch

Hotel Metasearch

Car Rental Metasearch

Vacation Rental Metasearch

Others

By Platform

Mobile

Desktop

By End-User

Individual

Corporate

Travel Metasearch Engine Market Players

Kayak

Skyscanner

Google Flights

Momondo

Trivago

Hipmunk

TravelSupermarket

TripAdvisor

Cheapflights

Wego

HotelsCombined

Priceline

Expedia

Orbitz

Travelocity

FareCompare

Jetcost

Liligo

Qunar

Vayama

Table Of Content

Chapter 1 Executive Summary

Chapter 2 Assumptions and Acronyms Used

Chapter 3 Research Methodology

Chapter 4 Travel Metasearch Engine Market Overview

   4.1 Introduction

      4.1.1 Market Taxonomy

      4.1.2 Market Definition

      4.1.3 Macro-Economic Factors Impacting the Market Growth

   4.2 Travel Metasearch Engine Market Dynamics

      4.2.1 Market Drivers

      4.2.2 Market Restraints

      4.2.3 Market Opportunity

   4.3 Travel Metasearch Engine Market - Supply Chain Analysis

      4.3.1 List of Key Suppliers

      4.3.2 List of Key Distributors

      4.3.3 List of Key Consumers

   4.4 Key Forces Shaping the Travel Metasearch Engine Market

      4.4.1 Bargaining Power of Suppliers

      4.4.2 Bargaining Power of Buyers

      4.4.3 Threat of Substitution

      4.4.4 Threat of New Entrants

      4.4.5 Competitive Rivalry

   4.5 Global Travel Metasearch Engine Market Size & Forecast, 2023-2032

      4.5.1 Travel Metasearch Engine Market Size and Y-o-Y Growth

      4.5.2 Travel Metasearch Engine Market Absolute $ Opportunity

Chapter 5 Global Travel Metasearch Engine Market Analysis and Forecast By Type

   5.1 Introduction

      5.1.1 Key Market Trends & Growth Opportunities By Type

      5.1.2 Basis Point Share (BPS) Analysis By Type

      5.1.3 Absolute $ Opportunity Assessment By Type

   5.2 Travel Metasearch Engine Market Size Forecast By Type

      5.2.1 Flight Metasearch

      5.2.2 Hotel Metasearch

      5.2.3 Car Rental Metasearch

      5.2.4 Vacation Rental Metasearch

      5.2.5 Others

   5.3 Market Attractiveness Analysis By Type

Chapter 6 Global Travel Metasearch Engine Market Analysis and Forecast By Platform

   6.1 Introduction

      6.1.1 Key Market Trends & Growth Opportunities By Platform

      6.1.2 Basis Point Share (BPS) Analysis By Platform

      6.1.3 Absolute $ Opportunity Assessment By Platform

   6.2 Travel Metasearch Engine Market Size Forecast By Platform

      6.2.1 Mobile

      6.2.2 Desktop

   6.3 Market Attractiveness Analysis By Platform

Chapter 7 Global Travel Metasearch Engine Market Analysis and Forecast By End-User

   7.1 Introduction

      7.1.1 Key Market Trends & Growth Opportunities By End-User

      7.1.2 Basis Point Share (BPS) Analysis By End-User

      7.1.3 Absolute $ Opportunity Assessment By End-User

   7.2 Travel Metasearch Engine Market Size Forecast By End-User

      7.2.1 Individual

      7.2.2 Corporate

   7.3 Market Attractiveness Analysis By End-User

 

Chapter 8 Global Travel Metasearch Engine Market Analysis and Forecast by Region

   8.1 Introduction

      8.1.1 Key Market Trends & Growth Opportunities By Region

      8.1.2 Basis Point Share (BPS) Analysis By Region

      8.1.3 Absolute $ Opportunity Assessment By Region

   8.2 Travel Metasearch Engine Market Size Forecast By Region

      8.2.1 North America

      8.2.2 Europe

      8.2.3 Asia Pacific

      8.2.4 Latin America

      8.2.5 Middle East & Africa (MEA)

   8.3 Market Attractiveness Analysis By Region

Chapter 9 Coronavirus Disease (COVID-19) Impact

   9.1 Introduction

   9.2 Current & Future Impact Analysis

   9.3 Economic Impact Analysis

   9.4 Government Policies

   9.5 Investment Scenario

Chapter 10 North America Travel Metasearch Engine Analysis and Forecast

   10.1 Introduction

   10.2 North America Travel Metasearch Engine Market Size Forecast by Country

      10.2.1 U.S.

      10.2.2 Canada

   10.3 Basis Point Share (BPS) Analysis by Country

   10.4 Absolute $ Opportunity Assessment by Country

   10.5 Market Attractiveness Analysis by Country

   10.6 North America Travel Metasearch Engine Market Size Forecast By Type

      10.6.1 Flight Metasearch

      10.6.2 Hotel Metasearch

      10.6.3 Car Rental Metasearch

      10.6.4 Vacation Rental Metasearch

      10.6.5 Others

   10.7 Basis Point Share (BPS) Analysis By Type

   10.8 Absolute $ Opportunity Assessment By Type

   10.9 Market Attractiveness Analysis By Type

   10.10 North America Travel Metasearch Engine Market Size Forecast By Platform

      10.10.1 Mobile

      10.10.2 Desktop

   10.11 Basis Point Share (BPS) Analysis By Platform

   10.12 Absolute $ Opportunity Assessment By Platform

   10.13 Market Attractiveness Analysis By Platform

   10.14 North America Travel Metasearch Engine Market Size Forecast By End-User

      10.14.1 Individual

      10.14.2 Corporate

   10.15 Basis Point Share (BPS) Analysis By End-User

   10.16 Absolute $ Opportunity Assessment By End-User

   10.17 Market Attractiveness Analysis By End-User

Chapter 11 Europe Travel Metasearch Engine Analysis and Forecast

   11.1 Introduction

   11.2 Europe Travel Metasearch Engine Market Size Forecast by Country

      11.2.1 Germany

      11.2.2 France

      11.2.3 Italy

      11.2.4 U.K.

      11.2.5 Spain

      11.2.6 Russia

      11.2.7 Rest of Europe

   11.3 Basis Point Share (BPS) Analysis by Country

   11.4 Absolute $ Opportunity Assessment by Country

   11.5 Market Attractiveness Analysis by Country

   11.6 Europe Travel Metasearch Engine Market Size Forecast By Type

      11.6.1 Flight Metasearch

      11.6.2 Hotel Metasearch

      11.6.3 Car Rental Metasearch

      11.6.4 Vacation Rental Metasearch

      11.6.5 Others

   11.7 Basis Point Share (BPS) Analysis By Type

   11.8 Absolute $ Opportunity Assessment By Type

   11.9 Market Attractiveness Analysis By Type

   11.10 Europe Travel Metasearch Engine Market Size Forecast By Platform

      11.10.1 Mobile

      11.10.2 Desktop

   11.11 Basis Point Share (BPS) Analysis By Platform

   11.12 Absolute $ Opportunity Assessment By Platform

   11.13 Market Attractiveness Analysis By Platform

   11.14 Europe Travel Metasearch Engine Market Size Forecast By End-User

      11.14.1 Individual

      11.14.2 Corporate

   11.15 Basis Point Share (BPS) Analysis By End-User

   11.16 Absolute $ Opportunity Assessment By End-User

   11.17 Market Attractiveness Analysis By End-User

Chapter 12 Asia Pacific Travel Metasearch Engine Analysis and Forecast

   12.1 Introduction

   12.2 Asia Pacific Travel Metasearch Engine Market Size Forecast by Country

      12.2.1 China

      12.2.2 Japan

      12.2.3 South Korea

      12.2.4 India

      12.2.5 Australia

      12.2.6 South East Asia (SEA)

      12.2.7 Rest of Asia Pacific (APAC)

   12.3 Basis Point Share (BPS) Analysis by Country

   12.4 Absolute $ Opportunity Assessment by Country

   12.5 Market Attractiveness Analysis by Country

   12.6 Asia Pacific Travel Metasearch Engine Market Size Forecast By Type

      12.6.1 Flight Metasearch

      12.6.2 Hotel Metasearch

      12.6.3 Car Rental Metasearch

      12.6.4 Vacation Rental Metasearch

      12.6.5 Others

   12.7 Basis Point Share (BPS) Analysis By Type

   12.8 Absolute $ Opportunity Assessment By Type

   12.9 Market Attractiveness Analysis By Type

   12.10 Asia Pacific Travel Metasearch Engine Market Size Forecast By Platform

      12.10.1 Mobile

      12.10.2 Desktop

   12.11 Basis Point Share (BPS) Analysis By Platform

   12.12 Absolute $ Opportunity Assessment By Platform

   12.13 Market Attractiveness Analysis By Platform

   12.14 Asia Pacific Travel Metasearch Engine Market Size Forecast By End-User

      12.14.1 Individual

      12.14.2 Corporate

   12.15 Basis Point Share (BPS) Analysis By End-User

   12.16 Absolute $ Opportunity Assessment By End-User

   12.17 Market Attractiveness Analysis By End-User

Chapter 13 Latin America Travel Metasearch Engine Analysis and Forecast

   13.1 Introduction

   13.2 Latin America Travel Metasearch Engine Market Size Forecast by Country

      13.2.1 Brazil

      13.2.2 Mexico

      13.2.3 Rest of Latin America (LATAM)

   13.3 Basis Point Share (BPS) Analysis by Country

   13.4 Absolute $ Opportunity Assessment by Country

   13.5 Market Attractiveness Analysis by Country

   13.6 Latin America Travel Metasearch Engine Market Size Forecast By Type

      13.6.1 Flight Metasearch

      13.6.2 Hotel Metasearch

      13.6.3 Car Rental Metasearch

      13.6.4 Vacation Rental Metasearch

      13.6.5 Others

   13.7 Basis Point Share (BPS) Analysis By Type

   13.8 Absolute $ Opportunity Assessment By Type

   13.9 Market Attractiveness Analysis By Type

   13.10 Latin America Travel Metasearch Engine Market Size Forecast By Platform

      13.10.1 Mobile

      13.10.2 Desktop

   13.11 Basis Point Share (BPS) Analysis By Platform

   13.12 Absolute $ Opportunity Assessment By Platform

   13.13 Market Attractiveness Analysis By Platform

   13.14 Latin America Travel Metasearch Engine Market Size Forecast By End-User

      13.14.1 Individual

      13.14.2 Corporate

   13.15 Basis Point Share (BPS) Analysis By End-User

   13.16 Absolute $ Opportunity Assessment By End-User

   13.17 Market Attractiveness Analysis By End-User

Chapter 14 Middle East & Africa (MEA) Travel Metasearch Engine Analysis and Forecast

   14.1 Introduction

   14.2 Middle East & Africa (MEA) Travel Metasearch Engine Market Size Forecast by Country

      14.2.1 Saudi Arabia

      14.2.2 South Africa

      14.2.3 UAE

      14.2.4 Rest of Middle East & Africa (MEA)

   14.3 Basis Point Share (BPS) Analysis by Country

   14.4 Absolute $ Opportunity Assessment by Country

   14.5 Market Attractiveness Analysis by Country

   14.6 Middle East & Africa (MEA) Travel Metasearch Engine Market Size Forecast By Type

      14.6.1 Flight Metasearch

      14.6.2 Hotel Metasearch

      14.6.3 Car Rental Metasearch

      14.6.4 Vacation Rental Metasearch

      14.6.5 Others

   14.7 Basis Point Share (BPS) Analysis By Type

   14.8 Absolute $ Opportunity Assessment By Type

   14.9 Market Attractiveness Analysis By Type

   14.10 Middle East & Africa (MEA) Travel Metasearch Engine Market Size Forecast By Platform

      14.10.1 Mobile

      14.10.2 Desktop

   14.11 Basis Point Share (BPS) Analysis By Platform

   14.12 Absolute $ Opportunity Assessment By Platform

   14.13 Market Attractiveness Analysis By Platform

   14.14 Middle East & Africa (MEA) Travel Metasearch Engine Market Size Forecast By End-User

      14.14.1 Individual

      14.14.2 Corporate

   14.15 Basis Point Share (BPS) Analysis By End-User

   14.16 Absolute $ Opportunity Assessment By End-User

   14.17 Market Attractiveness Analysis By End-User

Chapter 15 Competition Landscape

   15.1 Travel Metasearch Engine Market: Competitive Dashboard

   15.2 Global Travel Metasearch Engine Market: Market Share Analysis, 2023

   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)

      15.3.1 Kayak

Skyscanner

Google Flights

Momondo

Trivago

Hipmunk

TravelSupermarket

TripAdvisor

Cheapflights

Wego

HotelsCombined

Priceline

Expedia

Orbitz

Travelocity

FareCompare

Jetcost

Liligo

Qunar

Vayama

Travel Metasearch Engine Market Segments

By Type

Flight Metasearch

Hotel Metasearch

Car Rental Metasearch

Vacation Rental Metasearch

Others

By Platform

Mobile

Desktop

By End-User

Individual

Corporate

Travel Metasearch Engine Market Players

Kayak

Skyscanner

Google Flights

Momondo

Trivago

Hipmunk

TravelSupermarket

TripAdvisor

Cheapflights

Wego

HotelsCombined

Priceline

Expedia

Orbitz

Travelocity

FareCompare

Jetcost

Liligo

Qunar

Vayama

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