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Online Booking Software Market

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Online Booking Software Market provides profiles of leading players in the market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and st
Online Booking Software Market to Exhibit
Steadfast Expansion During 2018-2026
Online Booking Software Market study provides key insights about
market drivers, restraints, opportunities, new product launches or
approval, regional outlook, and competitive strategies adopted by the
leading players.
Online booking software also called as appointment scheduling software or appointment
booking software are tools that permit businesses or professionals to manage appointments or
bookings. Global online booking software market generated a revenue of US$ 194.3 million in
2017, up from US$ 175.8 million in 2016. By 2025, the online booking software market is
expected to generate a revenue of US$ 552.1 million with a CAGR of 14.4%. Increasing internet
penetration majorly in emerging economies is one of the major factors driving growth of the
market worldwide. For instance, according to the Coherent Market Insights, 28% of the total
population in India was using Internet in 2016, and it is estimated to reach 59% by 2021. Hence,
increasing number of internet user is fueling growth of the market.
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On-premises Segment Held Dominant Position in 2017
The on-premises segment held the dominant position in the online booking software market
and generated revenue of US$ 114.2 Million in 2017. It is expected to reach US$ 268.6 million
with a CAGR of 11.6% over the forecast period. Increasing concerns regarding data security is
one of the major factor propelling demand for on-premises based solutions. This is owing to the
fact that on-premises software provides high data security as compared to cloud-based or webbased solution.
North America region held the dominant position in the market in 2017, and is projected to
retain its dominance throughout the forecast period. In 2017, North America region generated
revenue of US$ 76.8 million and is expected to reach US$ 204.4 million in 2025, with a CAGR of
13.4% over the forecast period. High adoption of cloud-based solutions is one of the major
driving factors for growth of market in this region. For instance, according to Coherent market
insights, in 2016, the North America held 49% share of the world wide cloud data traffic. T
he U.S. and Canada are major economies driving growth of online booking software market in
this region. The U.S. held a dominant position in the market in 2017, and is expected to retain
its dominance throughout the forecast period. In 2017, the U.S. market generated revenue of
US$ 56.1 Mn and is expected to reach US$ 134.4 Mn by 2025, exhibiting a CAGR of 12.0% over
the forecast period. High presence of key players in the U.S. is a major factor for growth of this
market. BookingBug Limited, Appointy Software Inc., and TimeTrade, Inc. are some of the
players based in the U.S.
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Key Players- Global Online Booking Software Market
The major players operating in the global online booking software market include BookingLive,
BookingBug Limited, CheckFront,Inc., Rezdy, Acuity Scheduling, Appointy Software Inc. ,
Bookeo, SimplyBook.Me, Setmore Appointments, TimeTrade, Inc., Pulse24/7, Inc., Veribook,
MyTime, Nabooki, and Shortcuts Software.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies,
and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
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christinarhombs01
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