The Artificial Intelligence (AI) In Travel Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Artificial Intelligence (AI) In Travel Market?
The market size for artificial intelligence (AI) in travel has seen significant growth in the past years. Its size is projected to expand from $123.72 billion in 2024 to $165.93 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 34.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Artificial Intelligence (AI) In Travel Industry?
The Artificial Intelligence (AI) In Travel Global Market Report predicts that the market size will reach $531.95 billion in 2029, growing at a compound annual growth rate (CAGR) of 33.8%.
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What are the Key Growth Drivers Fueling the Artificial Intelligence (AI) In Travel Market?
The key drivers in the artificial intelligence (ai) in travel market are:
• Increasing demand for personalized travel experiences
• Rising adoption of contactless technologies
• Expansion of smart infrastructure in travel hubs
• Proliferation of AI-driven analytics for operational efficiency
Global Market Segmentation: Identifying Major Artificial Intelligence (AI) In Travel Industry Segments
The artificial intelligence (AI) in travel market covered in this report is segmented –
1) By Component: Software, Services
2) By Deployment mode: On-Premises, Cloud-Based
3) By Application: Customer Service, Booking And Reservations, Travel Planning And Personalization, marketing And Advertising, Operations Management, Security And Fraud Detection
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What are the emerging Trends Shaping the Future of the Artificial Intelligence (AI) In Travel Market?
The key trends in the artificial intelligence (ai) in travel market are:
• One emerging trend is the increasing adoption of AI-driven personalization in the travel sector.
• There is a growing trend towards the integration of autonomous vehicles and AI-powered robots in the travel and tourism industry.
• The use of AI-powered chatbots and virtual assistants is emerging as a major trend in the industry.
• Another notable trend is the adoption of AI-powered predictive analytics and advancements in contactless technologies.
Who Are the Top Competitors & Leading Players in the Artificial Intelligence (AI) In Travel Market?
Major companies in the artificial intelligence (ai) in travel market are:
• International Business Machines Corporation
• Expedia Group Inc.
• Priceline.com
• Booking.com B.V.
• Airbnb Inc.
• Sabre Corporation
• TripAdvisor Inc.
• Agoda Company Pte. Ltd.
• SAP Concur
• Travelport Worldwide Ltd.
• Hotelbeds Group
• Skyscanner Ltd.
• Trivago N.V.
• MakeMyTrip Limited
• Fareportal
• Kayak Software Corporation
• Despegar.com Inc.
• Cendyn Group LLC
• Hopper
• Cleartrip Private Limited
• Sojern Inc.
• OTA Insight Ltd.
• Adara Inc.
• Viator Inc.
• Duetto
Regional Dominance: Which Area Leads the Global Artificial Intelligence (AI) In Travel Market?
North America was the largest region in the artificial intelligence (AI) in travel market in 2024
