Distribution System Market - Increasing Focus on Technology to Offer Seamless Booking Experience to End Users
As per the latest report by Transparency Market Research, the global distribution system market is expected to reach an overall valuation worth US$14.5 bn by the fall of 2027. To achieve this market valuation, the global distribution system market will exhibit a CAGR of 5.5% during the course of the given forecast period of 2019 to 2027. In recent years, the global distribution systems have been acting as a bridge between the tour operators and travelers with the help of centralized servers. These global distribution systems help in cover the bookings of car rentals, hotel rooms, and airline tickets among other services. Thus, such factors have been working as key driving factors for the growth of the global distribution systems market. Increasing Preference Towards Service-based System is Key for Market Growth Travel agents generally prefer a software-driven global distribution system instead of a service-based system. One of the biggest reason for this preference...