Global Computer Reservation Systems Market size was valued at USD 2,456 Million in 2024 and is expected to reach USD 3,917.1 Million by 2033, at a CAGR of 4.78% during the forecast period 2024 – 2033.
Computer reservation system (CRS) is probably the most widely used technological tool in the tourism industry. It is an electronic system used to promote sales and provide fast and accurate information about the availability, price, and bookings of products and services.
Various factors such as growing automation in computer management systems, the rapidly expanding tourism industry and increasing implementation of advanced technologies in many computer reservation systems are driving the market growth.
Furthermore, the growing optimization of mobile platforms and increased smartphone usage by the people and increasing digital transformation and technological advancements in booking platforms are also expected to create lucrative opportunities for the market during the forecast period.
However, Furthermore, cyber security and data privacy threat associated with computer reservation systems is expected to restrain their usage in many applications, thereby restraining the market growth.
Major players operating in the global computer reservation system market are collaborating with many hotel chains and tourism companies to enhance their market presence and revenues. Additionally, growing disposable income and spending capacity on travel and growing optimization of mobile platforms and increased smartphone usage by the people are also boosting the demand for computer based reservation systems and thereby creating lucrative opportunities for the market during the forecast period.
The Global Computer Reservation Systems market is segmented by type, application and region. By Type, the global computer reservation system market is segmented into On Premise and Web-Based platforms. Among all of these, web based platforms segment dominated the global computer reservation systems market and is expected to keep its dominance during the forecast period owing to growing internet penetration.
The adoption of web-based software reservation system that helps travel agencies and management companies manage transactions for air travel, hotels, car rentals, and more.
By region, the global Computer Reservation Systems market is segmented into North America, Europe, Asia Pacific, Middle East Africa and Latin America. Among all these, North America held the highest market share in 2023 and is expected to maintain its dominance during the forecast period.
Key countries such as the U.S., Canada and Mexico are mainly driving the market growth of this region. Various factors such as growing internet penetration, increasing automation and availability of many technology giants are some of the factors propelling the market growth. The U.S., Canada and Mexico are the major countries in this region.
Europe is expected to hold the second largest market share during the forecast period owing to the increasing implementation of customer reservation systems in the U.K., France, Italy, Germany and the Netherlands. Asia Pacific region is expected to grow at a significant pace during the forecast period due to the increasing adaption of computer reservation systems in China, India, Japan and ASEAN countries.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 2,456 Million |
Projected Market Size in 2033 | USD 3,917.1 Million |
Market Size in 2023 | USD 2,360 Million |
CAGR Growth Rate | 4.78% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Application and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
CMI has comprehensively analyzed the Computer Reservation Systems market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Computer Reservation Systems industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Computer Reservation Systems Market:
- Travel Tripper
- TravelClick
- SHR Windsurfer
- IBC Hospitality Technology
- Amadeus
- Sabre
- Vertical Booking
- Travelopro
- HotelFriend AG
- WebCRS
- Provab Technosoft Pvt. Ltd
- Clock Software
- Pegasus CRS
- Abacus
- ACCELaero
- Axess
- KIU
- GuestCentric CRS
- Others
The Computer Reservation Systems Market is segmented as follows:
By Type
- On-Premise
- Web-Based
By Application
- Air travel
- Hotels
- Car rental
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America