Internet of Things (IoT) in Travel and Tourism, 2023 Thematic Intelligence Report - Impacts, Case Studies, Value Chain, Competitive Landscape

DUBLIN, Nov. 24, 2023 /PRNewswire/ — The “Internet of Things (IoT) in Travel and Tourism – Thematic Intelligence” report has been added to ResearchAndMarkets.com’s offering.

IoT software market in travel and leisure to expand at a CAGR of 17% between 2022 and 2027 to $11 billion.

The Internet of Things, or IoT, describes the use of connected sensors and actuators to control and monitor the environment, the things that move within it, and the people that act within it. Enterprise spending on IoT across the travel and leisure sector is set to experience steady growth over the next few years. The total is set to reach $28 billion by 2027, up from $10 billion in 2019. Within the overall travel and leisure market, IoT software will dominate over the coming years.

The COVID-19 pandemic brought key IoT use cases to the attention of the travel and tourism industry. Airports, for example, used connected thermal cameras to detect potential COVID-19 infections or deployed sensors to monitor and cap occupancy in communal spaces on-site.

In this way, the pandemic increased the adoption of IoT, contributed to a positive attitude toward the technology, and catalyzed safety-enhancing innovations for both consumers and employees. And now, in the post-pandemic world, further IoT use cases continue to emerge that will enhance operational efficiency, reduce costs, improve decision-making, and improve customer experience across the sector.

Key Highlights

IoT is essential to digitalization in travel and tourism. Airlines, for example, can deploy the predictive maintenance capabilities of IoT systems to reduce the cost and downtime of aircraft repairs. This is just one of the many transformative use cases of IoT with this emerging technology ready to be employed across the travel and tourism value chain, for example, to manage crowds at popular attraction sites, personalize hotel stays, simplify airport navigation, and much more.

IoT can also assist in travel and tourism companies addressing ESG challenges. In the last decade, COVID-19 appeared as the top existential threat to the travel and tourism industry, but as companies recover, the challenge of ESG has returned to center stage. IoT can address ESG concerns in a host of ways from sensor-enabled smart lighting and thermostats that monitor and adjust the environment of lodgings to improve energy efficiency to IoT-enabled smart buildings that integrate energy-efficient technology throughout cities.

Scope

This thematic report provides an overview of the impact IoT has on the travel and tourism sector and the challenges it can help to address. The report further recommends how travel and tourism companies can deploy IoT solutions and where they should invest to stay ahead of this disruptive technology.
Several case studies are included in this report to analyze the multiple ways travel and tourism companies have used IoT thus far. The report also features alternative datasets to highlight the impact of IoT.

Reasons to Buy

Understand the current IoT trends within the travel and tourism industry and the role IoT solution could play in the daily operations of your business.
Assess how travel and tourism companies such airlines, cruise operators, and lodging providers, for example, are utilizing IoT.
The analyst’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 IoT, and there are notable examples of this. Therefore, all should buy this report to fully understand how this theme will continue to be impactful in the future travel landscape.

Key Topics Covered:

Executive Summary
Players
The Impact of IoT on the Travel & Tourism Sector
The Impact of IoT on Travel & Tourism Challenges
Case Studies
Market Size and Growth Forecasts
Signals
Patent trends
Company filing trends
Hiring trends
IoT Value Chain
Physical layer
Connectivity layer
Data layer
App layer
Services layer
Companies
Sector Scorecards
Airlines sector scorecard
Airports sector scorecard
Attraction operators sector scorecard
Lodging sector scorecard
Glossary

A selection of companies mentioned in this report includes

AAC Technologies
Accenture
Accton
Actifio
ADT
Air France KLM
Airbus
Akamai
Amazon
Ambarella
AMD
AMS
Analog Devices
Apple
Arcadia Data
Arista Networks
Arm
Armis
Arup
BAE Systems
Baidu
Bentley Systems
Bharti Airtel
BigPanda
Black & Veatch
BMC Software
BMW
Boeing
Bosch
Broadcom
BT Group
C3.ai
Canon
Capgemini
Carnival Cruise Line
Celestica
Check Point Software
Chicony
China Mobile
China Telecom
China Unicom
Ciena
Comcast
Continental
Control4
Copeland
Couchbase
CrowdStrike
Daimler
Darktrace
Dassault Systemes
DataTorrent
DataVirtuality
Dell Technologies
Deloitte
Delphix
Delta Air Lines
Denodo Technologies
Denso
Deutsche Telekom
Didi Chuxing
DJI
Domo
Dundas
DXC Technologies
EasyJet
EnterpriseDB
Extreme Networks
F5 Networks
Facebook
FICO
FireEye
Floow
Flughafen Zurich
Fortinet
Fujifilm
Fujitsu
Gafcon
Garmin
GE
HCL Technologies
Heathrow Airport
Here Technologies
Hikvision
Hilton Worldwide
Hitachi
Hitachi Vantara
Holitech Technology
HollySys
Honeywell
Honeywell
HPE
HTC
Huawei
Hyatt Hotels
IBM
iFlytek
Inspur
Intel
JD.com
JetBlue
Juniper Networks
Kakao
Kanematsu
KDDI
Keboola
Keyence
KNIME
Knowles
Konica Minolta
KT
Link Labs
Lite-On
Lockheed Martin
Lumen Technologies
Lytx
MapR (HPE)
MarkLogic
Marriott International
McAfee
McKinsey
MediaTek
Melia
Microchip
Microsoft
Netgear
Nikon
Nippon Ceramic
Nokia
Northrop Grumman
NTT
Nutanix
Nvidia
NXP
Okta
OnStar
OpenText
Panoply
Percona
Plantronics
Port Authority of New York And New Jersey
PostgreSQL
Precisely
Progress Software
PTC
Pure Storage
PwC
Renesas
Ricoh
Rockwell Automation
Rohm
Rokid
Royal Caribbean Cruises
Royal Schiphol Group
Rstudio
Ryanair
SAIC Motors
Salesforce
Samsara
Samsung Electronics
SAP
TDK
TE Connectivity
Telefonica
Telstra
Tencent
Teradata
Tesla
Texas Instruments
Thales
ThoughtSpot
TIBCO
Toshiba
Toyota
TraceSafe Technologies
Trend Micro
Tsinghua Unigroup
TSMC
Uber
Ubiquiti
VW
Yandex
ZTE

For more information about this report visit https://www.researchandmarkets.com/r/z30ooo

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