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Renub Research is a Market Research and Consulting Company.

Global Online Travel Market to Grow with 10.6% CAGR from 2022-2027

As per the latest report by Renub Research titled "Online Travel Market, Size, Global Forecast 2022-2027, Share, Growth, Industry Trends, Impact of COVID-19, Opportunity Company Analysis" the Global Online Travel Market Size to Reach US$ 1,463.98 Billion by 2027. The internet revolution has transformed the scenario of the travel industry. Online travel providers aim to bookings for travelers and ease travel planning. Fast hotel bookings are driving the online travel industry and easy flights, increased consumer trust in online payment, and the option to compare viable available travel options. MakeMyTrip Limited, Trivago N.V, Trip.com Group Ltd., Trip Advisor Inc. extensively offers travel services through mobile websites and apps.


Worldwide Travel Market to Reach US$ 800.72 Billion by 2021

On the other hand, an increase in mobile, tablet, and desktop usage, a rise in internet penetration, and innovative mobile apps are the pivotal factors expected to stimulate the growth of the online travel industry. The change in disposable income of people in emerging markets and the ease of comparing various online travel options like direct and package are further anticipated to foster market growth. However, the COVID-19 pandemic had a significant impact on the online travel industry due to the travel restriction across the globe to prevent the pandemic from spreading. Moreover, due to interstate and local travel restrictions, trade fairs, hotel visits, and cultural events, online travel has been negatively affected in 2020.


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Online Travel Agencies are the Most Preferred Medium for Bookings Globally

By Booking Type, the market is categorized into Online Travel Agencies and Direct Travel Suppliers. In recent times, the online travel agency has become more and more common for customers to book trips themselves. As a result, many visitors have turned away from traditional brick-and-mortar travel agencies in favor of online alternatives to book their trips. Online travel agencies are those individuals or companies that have websites that allow consumers to book various travel-related services through the internet. Travel agents are employed in the sales of travel usefulness such as hotels, flights, buses, vacation packages, and rental cars via online networks.


Plenty of Payment Options

In terms of payment mode, UPI, E-Wallets, Debit/Credit Card, and Other has traditionally been the primary mode of paying for travel bookings online. Nowadays, using credit cards and debit cards to make payments is the norm even when not traveling. And when traveling, it is the most preferred method of payment. The ease and convenience of making a payment by swiping the card on a card machine or completing an online payment by typing the card details make this mode of payment safe. Mobile payment is another avenue which is also emerging in a big way for contact less and easy payment.


Travel accommodation service is projected to lead the online travel services market

On the basis of service types, the online travel market includes Transportation, Vacation Packages, and Travel Accommodation. Travel accommodation has become the most consequential contributor to the Online Travel Market. Travelers can choose online from various travel accommodations, including hotels, resorts, vacation rentals, and others. Travelers are increasingly being proposed a diverse range of hotel choices at affordable costs by Trip Advisor Inc., Booking Holding, Trip.com Group Ltd. Customers compare accommodation options at several websites to get the best reasonable deal. Travelers choose specialized online accommodation providers like OYO Rooms and Airbnb, Inc. because they provide many housing options.


Age groups of 32–43 years have more Desire to Travel

In terms of age group, the online travel market includes Millennial, Generation X, Baby Boomers, and Silver Hair. The travelers, primarily male and female in the age group of 32–43 years, occupy a considerable portion of the market. These age groups have more time, money, and the desire to travel. During their travels, they seek new adventures; participate in active vacations, including sightseeing and discovering new cultures.


Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/online-travel-market-p.php


Asia Pacific (APAC) has the Highest Growth Potential in the Online Travel Industry

Region-wise, Asia-pacific gained an effective online travel market share. China and India are the most lucrative online travel markets. With rapid infrastructure development across seaports, railroads, hotels, airports, highways, and disposable incomes on the rise, travel opportunity continues to develop region wide. Further, the growth is attributed to greater penetration of internet facilities, increased disposable income, anda rise in the middle-class segment. Ctrip is the leading company in China's online travel market, whereas Yatra and MakeMyTrip are the significant online travel agencies (OTA) in India. The main companies operating in the global online travel industry include Airbnb, Expedia, Booking Holding, Trip Advisor Inc., Trip.com Group Ltd.


Market Summary:

  • Type - The report covers by type in the 2 viewpoints into Package, Direct.
  • Booking Type – Renub Research Report covers by Booking Type in the 2 viewpoints include Online Travel Agencies, Direct Travel Suppliers.
  • Service Type – Our Report have covered by Service Type in the 3 viewpoints into Transportation, Vacation Packages, Travel Accommodation.
  • Payment Mode- The report covers by Payment Mode in the 4 viewpoints include UPI,  E-Wallets, Debit/Credit Card, Other.
  • Age Group - Our Report has covered online travel market breakup by 4 Age Group include Millennial, Generation X, Baby Boomers, and Silver Hair.
  • Gender – This report covers by gender in the 2 viewpoints into Male, Female.
  • Devices Type - Renub Research Report covers by Devices Type in the 2 viewpoints include Mobile/Tablet, Desktop.
  • Region – We have covered region like North America, Western Europe, Asia Pacific, Latin America, Middle East and Africa, Central and Eastern Europe.
  • All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Airbnb, Expedia, Booking Holding, Trip Advisor Inc., Trip.com Group Ltd. 


About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.


Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

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Global Online Education Market to Grow with 13.8% CAGR from 2022-2027

As per the latest report by Renub Research titled "Online Education Market, Size, Global Forecast 2022-2027, Share, Growth, Industry Trends, Impact of COVID-19, Opportunity Company Analysis" the Global Online Education Market Size was USD 585.48 Billion in 2027. Recently, online education has become an essential part of the modern education system. Online education is an electronically supported learning framework, which depends on the internet for cooperation and appropriation of study material among understudies and instructors. Many drivers drive the Online Education Market. It offers both the students and teachers an efficient way to transfer knowledge by the mode of videos, PDFs, podcasts, etc., which are beyond the scope of paper and pen. It also offers accessibility of time and place, which helps the schools and other educational universities access, many other students.


Online education platforms are more affordable than general pen and paper models and are easy on the environment. Nonetheless, developing interest to decrease the expense of instruction, expanding government drives supporting online schooling, and growing infiltration of cell phones and the internet are the variables adding to the growth of the online education market. Similarly, the market growth is anticipated to be facilitated, attributing to the expanding interest for versatile and adaptive learning and the emergence of an AI-enabled e-learning solution.


COVID-19 Impact on Online Education Market

With the rise of the COVID-19 cases, all colleges, schools, and other learning institutes were closed due to the lockdown implemented to avoid the spread of the coronavirus. This fuled the growth of online education platforms as academic institutes embraced e-learning mediums to provide training and education for individuals during the COVID-19 executed lockdowns. In 2020, according to UNESCO (United Nations Educational, Scientific and Cultural Organization), over 1.2 billion students in 186 countries were impacted by school closures due to the COVID-19 pandemic. Countries that are worst smacked by the coronavirus have seen unprecedented growth in distance education enrollments.


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Academic Institutions hold a Significant Market Share

On the basis of user's type, the online education market is segmented into government, academic and corporate. With the rising number of students in academic organizations and the regular need to upskill and provide industry-relevant training to the staff, academic institutions and corporations need to develop options that allow individuals to learn anytime from anywhere. Increased effectiveness of animated learning and flexibility in learning are other factors contributing to academic institutions' growth of online education. Lack of competent staff in various colleges and schools across the developing nations also results in the adoption of online schooling by the students. Support and government funds are other primary drivers for academic institutions' growth of online education.


Online Mobile e-learning is the Fastest-Growing Technology Segment

By technology, online e-learning delivers knowledge to students through electronic modes such as audio, e-books, videos, AR/VR, or any other electronic method. Online e-learning technology provides various benefits to the students, including low cost of education and specialized course learning. Additionally, online e-learning has become an integral part of the majority of institutions as it enhances the performance of employees. For instance, according to IBM statistics, e-learning can increase productivity by 50% by using online e-learning software to provide employees with an amazing opportunity to engage in their training courses at any suitable time. Apart from this, mobile e-learning is the fastest-growing technology segment due to increasing income levels, and then those dollars flowing into mobile sales in the developing countries have propelled the growth rate and growth prospects for mobile e-learning.


North America & Asia Pacific Online Education Market would Witness Market Growth

Online education in Asia Pacific has glimpsed an enhanced acceptance over a few years. It is an integral part of the colleges, schools, and even offices across Asia. One of the advantages of online education is that this kind of education model is efficiently scalable. The government is also allowing the universities to deliver fully online degrees, a change that could reshape the education industry in the country like India and China. Besides, the availability of high-speed internet and the advent of the 5G network in Asia-Pacific are delivering lucrative opportunities for market players to adopt innovative technologies.


Over the years, the increased penetration of the internet and the availability of low-cost smartphones has raised the number of online users in India. This has created a surge in demand for online education like K-12 education, vocational training, higher education in rural and urban areas. Similarly, the government in India is undertaking various digital initiatives such as ePathshala, which provides educational web resources for students, parents, teachers, researchers, and educators. Key players operating in the market include Coursera, Instructure Inc., Byju's, Adobe Inc., and Alphabet Inc.


Follow the link for the full report with detailed TOC and list of figures and tables:  https://www.renub.com/online-education-market-p.php


Market Summary:

User Type - We have covered Global Online Education Market breakup by 3 viewpoints by- User Type (Academic (Higher Education, Vocational Training, K-12 Education and Others), Corporate (Large Enterprise and SMBs and Government)

Provider - Renub Research Report covers by provider in the 2 viewpoints (Services and Content)

Technology - Our Report has covered Global Online Education Market breakup by 6 Technology (Online e-learning, Learning Management System (LMS), Mobile e-learning, Rapid e-learning, Virtual classroom and Others)

Region - This Report covers by Region in the 5 viewpoints (North America (United States and Canada), Europe (United Kingdom, Germany, France, Italy, Spain and Russia), Asia-Pacific (China, India, Japan, South Korea, Singapore and Australia), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Middle East & Africa)

All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Coursera, Instructure Inc., Byju's, Adobe Inc. and Alphabet Inc.


About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.


Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch

Pediatric Vaccines Market, Share, Global Forecast 2022-2027, Industry Trends, Growth, Size, Impact of COVID-19, Company Analysis

As per the latest report by Renub Research titled “Pediatric Vaccines Market, Size, Forecast 2022-2027, Share, Growth, Industry Trends, Impact of COVID-19, Opportunity Company Analysis" Pediatric Vaccines Market Size was US$ 47.8 Billion by 2021. The vaccines administered to stop children from contracting several infectious diseases and non-infectious are pediatric vaccines. These vaccines are heat-killed or inactivated viruses that lose their pathogenicity, i.e., the ability to cause disease. Additionally, these inactivated antigens can stimulate the immune system to produce antibodies against the infected virus.


Besides, pediatric vaccines are distributed to a child in its pediatric age, from 0 –18 years. Vaccines are commonly given to prevent children from diseases transferred through seasonal variations, infections, and even though unhygienic areas. Depending upon the disorder, the vaccines are administered at regular intervals. World Health Organization (WHO) has designed a standard immunization program to have desired time interval between vaccines doses.


Pediatric Vaccine Growth Factors

Globally, the growing prevalence of chronic disorders such as diphtheria, tuberculosis, and pneumonia in the age of 15 years and downward will contribute to the development of the pediatric vaccines industry. According to WHO, globally around 5 billion severe illnesses and 0.5 billion deaths yearly. As immunization plays a vital role in modern medicine, several international programs for children may vary based on the disease. Nevertheless, these programs are primarily driving the demand in the pediatric vaccines market. Further, the global pediatric vaccines market is driven by factors such as the global initiative undertaken by key players to develop innovative vaccines and increase government support.


Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=pediatric-vaccines-market-p.php


The Combos Vaccine Segment is to Grow at a Significant Rate:

Based on Vaccine Types, the Pediatric Vaccine industry includes Influenza, MMR (Measles, Mumps, and Rubella Vaccine), Pneumococcal, Meningococcal, Hepatitis, DTaP, mophilus Influenzae Type B (HIB), Combos (Combination), Polio, Rotavirus, Varicella and Coronavirus (COVID-19). Infections are always a leading cause of mortality and morbidity in children under 5 years of age, most of which can be stopped by vaccination. However, too many vaccines are to be administered, increasing the cost of immunization and visits to the pediatrician. Combination vaccines can answer these problems until developing a single vaccine containing all the possible antigens.


Additionally, combination vaccines such as the 5-in-1 and the MMR have been developed to help reduce the number of injections needed. Even so, children and babies often receive several vaccines at once. For example, a 2-month-old baby will simultaneously obtain the 5-in-1, PCV, Rotavirus, and MenB vaccines. Moreover, as per our Report statistics, the number of infants vaccinated from Combination Vaccines across the world was 163.52 Million in 2021, and it increased appreciably to 339.04 Million by 2027.


COVID-19 Impact on Global Pediatric Vaccines Market:

The COVID-19 has upended the lives of children and their families. Therefore, amidst the pandemic, the global market for Pediatric vaccines dropped in 2020 as most healthcare personnel were busy in COVID-19 management. The pandemic naturally affected the routine immunization programs and campaigns conducted globally in developing and developed countries. The UNICEF and World Health Organization (WHO) warned of an alarming drop in the number of children receiving life-saving vaccines worldwide. This is due to troubles in the delivery and uptake of immunization services caused by the COVID-19 pandemic.


Regardless, Influenza vaccination rates have gone up considerably during the pandemic due to push from health experts/health departments and the extension of different government programs that provide free vaccination against the flu. Also, growing awareness among the public about the higher risk of getting infected with COVID-19 if the flu weakens the immune system is another factor contributing to the uptake of flu vaccines.


Key Players:

The pediatric vaccines industry consists of several major players, including GlaxoSmithKline, Plc, Merck & Co., Sanofi Pasteur’s, Pfizer, Inc.’s, CSL Limited. The companies enforce specific strategic initiatives like new product launches, mergers, acquisitions, and partnerships, which help them strengthen their market position.


Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/pediatric-vaccines-market-p.php


Market Summary:

  • Vaccine Types - We have covered Global Pediatric Vaccines Market & Numbers of Population breakup by 2 viewpoints by Vaccine Type (Influenza, MMR (Measles, Mumps, and Rubella Vaccine), Pneumococcal, Meningococcal, Hepatitis, DTaP, mophilus Influenzae Type B (HIB), Combos (Combination), Polio, Rotavirus, Varicella and Coronavirus (COVID-19))
  • Regions - We have covered all the 5 Regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa in this report
  • All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) GlaxoSmithKline, Plc, Merck & Co., Sanofi Pasteur’s, Pfizer, Inc.’s, CSL Limited.


About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.


Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch