North America Online Travel Market Forecast (2017-2023)

Year UNITED STATES CANADA MEXICO
2017 $ 113.74 $ 54.47 $ 24.25
2018 $ 119.68 $ 58.72 $ 25.89
2019 $ 127.6 $ 64.16 $ 28.01
2020 $ 138.19 $ 71.23 $ 30.79
2021 $ 152.51 $ 80.59 $ 34.5
2022 $ 172.13 $ 93.27 $ 39.54
2023 $ 199.49 $ 110.88 $ 46.55
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North America Online Travel Market Forecast (2017-2023)

Synopsis
The above chart is Global Online Travel market [2017-2023] by North America

Market Dynamics

United states accounted for the largest market share in 2017 in the north america online travel market, and is expected to reach usd 199.49 billion in 2023 from usd 113.74 billion in 2017. however, canada is the fastest growing market, which is expected to grow at a cagr of 13.56% during the forecast period 2018 - 2023. direct travel facilitator segment accounted for the larger market share in 2017, this market is expected to reach usd 215.86 billion in 2023 from usd 126.14 billion in 2017. this market is projected to grow at a cagr of 10.29% during the forecast period from 2018 - 2023. however, online travel agency segment is the fastest growing market, which is expected to grow at a cagr of 14.39% during the forecast period 2018 - 2023. transportation segment accounted for the largest market share in 2017, this market is expected to reach usd 176.66 billion in 2023 from usd 102.89 billion in 2017. this market is projected to grow at a cagr of 10.36% during the forecast period from 2018 - 2023. however, accommodation segment is the fastest growing market, which is expected to grow at a cagr of 13.79% during the forecast period 2018 - 2023. desktop segment accounted for the larger market share in 2017, this market is expected to reach usd 195.41 billion in 2023 from usd 112.98 billion in 2017. this market is projected to grow at a cagr of 10.50% during the forecast period from 2018 - 2023. however, mobile/tablet segment is the fastest growing market, which is expected to grow at a cagr of 13.52% during the forecast period 2018 - 2023.

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