Smart Cities’ role in Travel & Tourism
Description
Smart Cities’ role in Travel & Tourism
Summary
This report analyzes the key theme of smart cities’ role in the travel and tourism sector. Smart cities are spreading across the globe. This report provides an insight into key trends, challenges, and recommendations, as well as providing concrete case studies to help the reader see examples of cloud computing technologies in action.
Increased urbanization and the challenges created by a changing climate are causing growing infrastructure headaches for cities, which will only worsen. These challenges are driving the growing development of smart cities. This market will be worth $417.0 billion in 2028, according to GlobalData forecasts, up from $204.8 billion in 2023 at a compound annual growth rate (CAGR) of 15.3%. The plethora of Chinese tech-led, surveillance-driven cities has been joined by a new breed of renewable energy-focused cities, notably in the Middle East. Digital twins, particularly, are behind the successful operation of many cities, including London, New York, and Paris.
Reasons to Buy
Summary
This report analyzes the key theme of smart cities’ role in the travel and tourism sector. Smart cities are spreading across the globe. This report provides an insight into key trends, challenges, and recommendations, as well as providing concrete case studies to help the reader see examples of cloud computing technologies in action.
Increased urbanization and the challenges created by a changing climate are causing growing infrastructure headaches for cities, which will only worsen. These challenges are driving the growing development of smart cities. This market will be worth $417.0 billion in 2028, according to GlobalData forecasts, up from $204.8 billion in 2023 at a compound annual growth rate (CAGR) of 15.3%. The plethora of Chinese tech-led, surveillance-driven cities has been joined by a new breed of renewable energy-focused cities, notably in the Middle East. Digital twins, particularly, are behind the successful operation of many cities, including London, New York, and Paris.
Reasons to Buy
- Understand the impact of smart cities on the tourism industry, using case studies to help you understand how you can adapt and understand this theme. Assess the strategies that companies are adopting to succeed in smart cities.
Table of Contents
78 Pages
- Executive Summary
- Players
- Technology Briefing
- The use of sensors and platforms defines a smart city
- The development of smart cities
- The early adopters
- China’s state-sponsored initiatives
- The new cities of the Middle East
- Smart cities, smarter technology adoption
- Smart city technologies
- Trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Travel & tourism trends
- Industry Analysis
- China’s smart cities
- Market size and growth forecasts
- Impacts
- Improved destination management
- Sustainability advancement
- Efficient urban mobility
- Data-driven marketing and targeting
- Enhanced accessibility and inclusivity
- Challenges
- High implementation costs
- Data privacy and security risks
- Fragmented governance
- Digital inequalities
- Maintenance and obsolescence
- Recommendations
- Adopt integrated governance models
- Prioritize data protection frameworks
- Maintain human-centric tourism experiences
- Align smart tourism with urban livability
- Focus on interoperability standards
- Case Studies
- Antwerp, Belgium
- Copenhagen, Denmark
- Marina Bay, Singapore
- Seoul, South Korea
- Toronto, Canada
- Timeline
- Value Chain
- Platform layer
- Smart city platforms
- App layer
- Smart buildings
- Smart transportation
- Smart infrastructure
- Smart grid
- Services layer
- Companies
- Public companies
- Private companies
- Smarter Cities
- Sector Scorecards
- Industrial automation sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- IT services sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Technology trends
- Table 2: Macroeconomic trends
- Table 3: Regulatory trends
- Table 4: Travel & tourism trends
- Table 5: Public companies
- Table 6: Private companies
- Table 7: Smarter Cities
- Table 8: Glossary
- Table 9: GlobalData reports
- List of Figures
- Figure 1: Who are the leading players in the smart cities theme, and where do they sit in the value chain?
- Figure 2: Smart city technology readiness
- Figure 3: Smart cities now span the globe
- Figure 4: The leading Chinese smart cities
- Figure 5: The smart cities market is expected to roughly double between 2023 and 2028
- Figure 6: The smart cities story
- Figure 7: Smart cities rely on many technologies, but especially the IoT technology stack
- Figure 8: The smart cities value chain – platform layer
- Figure 9: The smart cities value chain – app layer - Smart buildings
- Figure 10: The smart cities value chain – app layer - Smart transportation
- Figure 11: The smart cities value chain – app layer - Smart infrastructure
- Figure 12: The smart cities value chain – app layer - Smart grid
- Figure 13: The smart cities value chain – services layer
- Figure 14: Who does what in the industrial automation space?
- Figure 15: Thematic screen - Industrial automation sector scorecard
- Figure 16: Valuation screen - Industrial automation sector scorecard
- Figure 17: Risk screen - Industrial automation sector scorecard
- Figure 18: Who does what in the IT services space?
- Figure 19: Thematic screen - IT services sector scorecard
- Figure 20: Valuation screen - IT services sector scorecard
- Figure 21: Risk screen - IT services sector scorecard
- Figure 22: Our five-step approach for generating a sector scorecard
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