Thematic Intelligence - Cloud Computing in Travel and Tourism (2024)
Description
Thematic Intelligence - Cloud Computing in Travel and Tourism (2024)
Summary
This thematic research report takes an in-depth look at the theme of cloud computing and the impact it has on the travel and tourism industry. This report analyzes the players impacted by this theme alongside the contributing trends, negative destination trends, unintended opportunities, and trends that have emerged as a result of cloud computing. It then dives deep into an industry analysis, presenting several real-life case studies looking at how destinations and companies have responded to the impact of this theme on their operations. Recommendations are then offered for the travel sector, alongside a description of companies mentioned throughout. This report focus is on cloud computing.
The key trends within this theme are split into three categories: technology trends, macroeconomic trends, and regulatory trends. Several case studies are included to analyze the multiple ways countries and companies have responded to the impact of this theme’s growth and what they are doing to grow with this theme.
Key Highlights
The travel and tourism industry has undergone a sea change in the last 10 to 15 years, moving away from brick-and-mortar travel agents towards online travel. As a result, GlobalData predicts that the total online travel sales will reach just over half a trillion dollars by 2027.
Cloud technologies are the bedrock enabling this change. Investment in the cloud technology stack depends on company size and business requirements. Small and medium-sized travel companies tend to invest in software as a service (SaaS) solutions, which provide out-of-the-box scalable applications. Larger travel companies invest in infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) from public cloud providers, providing the operational benefits of the cloud and the freedom to build tailored solutions.
Geopolitical disruptions, dynamic pricing, and personalization require companies to invest in new technologies. Companies with strong cloud architectures can adapt to changing circumstances seamlessly, scaling back operations when demand is low and developing new products quickly for new market opportunities. All companies should invest in cloud solutions to prepare for future disruptive threats.
Scope
This thematic report provides an overview of the impact cloud computing has on the travel sector and seeks to understand some of the contributory factors. The key trends within this theme are split into three categories: consumer trends, enterprise trends, and industry trends. Several case studies are included to analyze the multiple ways countries and companies have responded to the impact of this theme’s growth and what they are doing to grow with this theme.
Reasons to Buy
Understand the current cloud computing trends within the travel landscape today and how these will escalate in the near future. Assess how travel and tourism companies such as tour operators, OTAs and DMOs are utilizing cloud computing to drive revenues.
Acknowledge the potential pitfalls of using cloud computing by understanding the social, cultural, and environmental effects on the destination. Discover recommendations for businesses involved in cloud computing.
GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
All across the travel and tourism supply chain, now have an opportunity to capitalize on cloud computing, and there are notable examples of this. Therefore, all should buy this report to fully understand how this theme will continue to be a key theme in the future travel landscape.
Table of Contents
92 Pages
- Executive Summary
- Players
- The cloud computing stack
- Infrastructure as a service (IaaS)
- Platform as a service (PaaS)
- Software as a service (SaaS)
- Cloud professional services
- Technology Briefing
- Defining cloud computing
- Business benefits of cloud computing
- Deployment models
- Public cloud
- Cloud professional services
- Trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Industry Analysis
- Market size and growth forecasts
- Impacts
- Scalability
- Enhanced customer experience
- Data security and compliance
- Disaster recovery and business continuity
- Environmental sustainability
- Challenges
- Compliance issues
- Vendor lock-in
- Performance and reliability
- Dependency on internet connectivity
- Integration complexity
- Recommendations
- Evaluate security measures
- Compliance management
- Hybrid or multi-cloud approach
- Training and skill development
- Scalability planning
- Case studies
- Sabre Corporation
- Fareportal
- Amadeus
- AirAsia and Google Cloud
- Spotnana
- Timeline
- Signals
- M&A trends
- Venture financing trends
- Patent trends
- Company filing trends
- Hiring trends
- Social media trends
- Hotel
- Airport
- Passport
- Value Chain
- Hardware
- Semiconductors
- Cameras
- Sensors and lasers
- Servers
- Storage devices
- Networking equipment
- Edge equipment
- Cloud infrastructure
- Cloud services
- PaaS and IaaS
- SaaS
- Cloud professional services
- Companies
- Leading cloud computing adopters in travel and tourism
- Leading cloud computing vendors
- Specialist cloud computing vendors in travel and tourism
- Sector Scorecards
- Airlines sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Airports sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Lodging 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: Key M&A transactions associated with the cloud computing theme since January 2022
- Table 5: Key venture financing deals associated with the cloud computing theme since January 2022
- Table 6: Leading cloud computing adopters in travel and tourism
- Table 7: Leading cloud computing vendors
- Table 8: Specialist cloud computing vendors in travel and tourism
- Table 9: Glossary
- Table 10: GlobalData reports
- List of Figures
- Figure 1: Who are the leading players in the cloud computing theme, and where do they sit in the value chain?
- Figure 2: The traditional IT stack and the cloud computing stack
- Figure 3: The cloud computing market in the travel and tourism sector will be worth $21.88 billion by 2027
- Figure 4: Asia Pacific and North America are the leading cloud computing markets
- Figure 5: The cloud computing story
- Figure 6: Cloud computing-related M&A activity has normalized after the COVID boost
- Figure 7: Cloud computing-related venture financing activity has normalized after the COVID boost
- Figure 8: Nuro, Airbnb, and IBM lead the way in cloud computing-related patent grants
- Figure 9: Cloud computing mentions were showing overall growth until 2022, with a notable decrease after that
- Figure 10: Cloud computing-related hiring peaked in April 2022
- Figure 11: Trendline chart
- Figure 12: The cloud computing value chain
- Figure 13: The cloud computing value chain - Hardware – semiconductors
- Figure 14: The cloud computing value chain - Hardware – cameras
- Figure 15: The cloud computing value chain - Hardware – sensors and lasers
- Figure 16: The cloud computing value chain - Hardware – servers
- Figure 17: The cloud computing value chain - Hardware – storage devices
- Figure 18: The cloud computing value chain - Hardware – networking equipment
- Figure 19: The cloud computing value chain - Hardware – edge equipment
- Figure 20: Public cloud is already the most prevalent cloud infrastructure
- Figure 21: The cloud computing value chain - Cloud infrastructure
- Figure 22: The cloud computing value chain - Cloud services - PaaS and IaaS
- Figure 23: The cloud computing value chain - Cloud services - SaaS
- Figure 24: The cloud computing value chain - Cloud professional services
- Figure 25: Who does what in the airlines space?
- Figure 26: Thematic screen - Airlines sector scorecard
- Figure 27: Valuation screen - Airlines sector scorecard
- Figure 28: Risk screen - Airlines sector scorecard
- Figure 29: Who does what in the airports space?
- Figure 30: Thematic screen - Airports sector scorecard
- Figure 31: Valuation screen - Airports sector scorecard
- Figure 32: Risk screen - Airports sector scorecard
- Figure 33: Who does what in the lodging space?
- Figure 34: Thematic screen - Lodging sector scorecard
- Figure 35: Valuation screen - Lodging sector scorecard
- Figure 36: Risk screen - Lodging sector scorecard
- Figure 37: Our five-step approach for generating a sector scorecard
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