The global online bus ticketing service market is expected to grow at a CAGR of 11.20% between 2025 and 2034, driven by the changing shift from offline to online ticketing services due to high efficiency and reliability.
Mobile applications also offer significant benefits, such as high scalability, analysis of customer behaviour patterns, real-time bus tracking system, and discounts, among others, which are attracting more subscribers every year. Over the forecast period, key players such as BusOnlineTicket Pte Ltd and MakeMyTrip, among others, are gaining popularity among the millennials having a passion for country exploration and recreational activities, leading to a steady growth of the global market for online bus ticketing service.
Meanwhile, the tourism travel segment is expected to hold a significant share in the online bus ticketing service market in the forecast period. This is due to the ease of booking from any location, increase in tourism, and low cost travel as compared to modes such as trains or flights.
Other market players include GotoBus.com, Wanderu Inc., BuuPass, and Flix SE, among others.
Key Trends in the Market
Online bus ticketing service is defined as a web-based service which enables travellers to check availability of bus tickets, buy ticket of the bus of their choice, and pay for it, all via online modes. This process is convenient and is gaining traction among the urban population having a knowledge of technical gadgets and online facilities.- The global online bus ticketing service market growth is being propelled by the increasing digitalisation across the emerging and developed economies, leading to a heightened infiltration of tech-friendly tourists.
- Familiarity of mobile and desktop-based applications, owing to the increasing adoption of smart gadgets and availability of high-speed internet, is further fuelling the online bus ticketing service market.
- Online bus ticketing services are easily accessible, offer greater transparency, provide enhanced customer service in different languages, offers discount codes, and some even provide suggestions for tourism and accommodation. Online bus ticketing services save significant amounts of time as compared to offline ticketing process. Hence, the increasing awareness about this advantage is a major trend providing impetus to the market.
Market Segmentation
The report titled “Global Online Bus Ticketing Service Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Type
- Mobile Application
- Desktop
Market Breakup by Application
- Tourism Travel
- Business Travel
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Share by Type
The mobile application segment, based on type, holds a significant share in the online bus ticketing service market. Travel agencies are continuously focussing on mobile applications owing to the increasing adoption of smartphones and tablets. Youth and working adults are high consumers of online applications and social media which increases the impact of digital marketing in an extremely effective way.Mobile applications also offer significant benefits, such as high scalability, analysis of customer behaviour patterns, real-time bus tracking system, and discounts, among others, which are attracting more subscribers every year. Over the forecast period, key players such as BusOnlineTicket Pte Ltd and MakeMyTrip, among others, are gaining popularity among the millennials having a passion for country exploration and recreational activities, leading to a steady growth of the global market for online bus ticketing service.
Market Share by Application
Based on application, the business travel segment is witnessing a steady growth which is being driven by the rising number of corporate travellers due to the increasing trade activities and increase of in-person business meetings. Online bus ticketing services offer great convenience to business travellers as these services are open 24/7 and multiple bus routes and destinations can be easily browsed. Seat choice facility is typically provided by online bus ticketing services which enhances privacy and makes the business travel more comfortable.Meanwhile, the tourism travel segment is expected to hold a significant share in the online bus ticketing service market in the forecast period. This is due to the ease of booking from any location, increase in tourism, and low cost travel as compared to modes such as trains or flights.
Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global online bus ticketing service market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.Busbud Inc.
Busbud Inc. is a Canadian travel services provider which was founded in the year 2011. This company is headquartered in Montreal, Canada, and currently operates in around 80 countries and 21,000 cities. Busbud Inc. provides services across 2,300,000 routes. The mission of the company is to provide sustainable and affordable travel solutions to the travellers.MakeMy Trip Pvt. Ltd.
MakeMy Trip Pvt. Ltd. is a travel organiser based in India, founded in the year 2000 with the head office of the company located in Haryana, India. It offers easy and affordable bookings for domestic and international travel. MakeMy Trip Pvt. Ltd. also provides attractive holiday packages for families, hotel reservations, and bus tickets.BusOnlineTicket Pte Ltd
BusOnlineTicket Pte Ltd is a Singapore-based company that offers an online ticketing platform for booking bus tickets, train tickets, and ferry tickets in Singapore, Malaysia, and Thailand. Established in 2007, BusOnlineTicket or BOT offers fast bookings, loyalty programmes, and great savings to its customers. They currently support over 8,000 routes in Singapore and Malaysia, and are regularly expanding their network.Other market players include GotoBus.com, Wanderu Inc., BuuPass, and Flix SE, among others.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Online Bus Ticketing Service Market Analysis
6 North America Online Bus Ticketing Service Market Analysis
7 Europe Online Bus Ticketing Service Market Analysis
8 Asia Pacific Online Bus Ticketing Service Market Analysis
9 Latin America Online Bus Ticketing Service Market Analysis
10 Middle East and Africa Online Bus Ticketing Service Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Busbud Inc.
- MakeMy Trip Pvt. Ltd.
- BusOnlineTicket Pte Ltd