Jul 25, 2019 (Reporthive Research via COMTEX) -- Over the next five years the Online to Offline Commerce market will register a 15.3% CAGR in terms of revenue, the global market size will reach US$ 242700 million by 2024, from US$ 119200 million in 2019.
Online to Offline Commerce Market research report covers the data which is helpful for key players (Booking Holdings, Expedia, Uber, DidiChuxing, Airbnb, Ctrip etc.), scope, market overview, market opportunities, market risk, market driving force, technological advancement, distributors, traders, dealers, research findings. These data representations provide predictive data regarding the future estimations for convincing market growth.
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O2O (online to offline) refers to a new-type e-commerce model in which through the websites in the online shopping malls or their own websites, the merchants show the information of products and services to customers; meanwhile, through QR code, APP or location based service (LBS), customers login the online stores or filter the online products and services and then make the order and pay the bills, but they validate and experience the consumptions offline. This model not only meets the personalized demand of customers, but also helps the merchants to propagate their information of products and services faster, farther and wider.
Growth of the online travel market is driven by the increase in internet penetration, rise in disposable income of people in emerging markets, and ease of comparing a variety of travel options online. Market players are introducing innovative travel and vacation package deals to assist travelers in making sound travel decisions as per their spending capability, such as affordable packages for international destination, discounts on car rentals and cash back on international flights.
Key Players including:
Booking Holdings Inc /zigman2/quotes/203576210/composite BKNG -2.33%
Expedia Group Inc /zigman2/quotes/202291990/composite EXPE +1.78%
Uber Technologies Inc /zigman2/quotes/211348248/composite UBER -3.63%
Ctrip.Com International Ltd
Meituan Dianping (hkg:3690)
58.com Inc /zigman2/quotes/209650513/composite WUBA -3.41%
Fang Holdings Limited
Leju Holding Limited
Ping An Good Doctor and more....
This report focuses on the Online to Offline Commerce Market in global market, especially in Americas United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa Egypt, South Africa and GCC Countries.
Segmentation by product type:
Online Shopping Platform
Segmentation by application:
Travel & Tourism