Cloud Computing in Travel and Tourism – Thematic Intelligence

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.

Cloud Computing in Travel and Tourism – Industry Analysis

Cloud computing spending in travel and tourism was worth $8.6 billion in 2021. Cloud computing in travel and tourism is forecast to grow at a CAGR of more than 15% between 2021 and 2026.

Travel and tourism companies have traditionally been slow to adopt new technologies, with many companies using outdated systems. However, more and more companies have realized the potential of cloud computing and storage for globally distributed businesses needing scalability and adaptability.

Cloud computing in travel and tourism industry analysis also covers:

• Mergers and acquisitions
• Company filings trends
• Hiring trends
• Cloud computing Timeline

Cloud Computing in Travel and Leisure Revenue, 2019-2026 ($ Billions)

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Cloud Computing in Travel and Tourism - Value Chain Analysis

GlobalData’s cloud computing value chain consists of cloud infrastructure, cloud services, and cloud professional services. Enterprise cloud spending falls into three broad categories. The first of these, cloud infrastructure, includes the hardware and software used to build, operate, and manage a cloud environment, whether it is public, private, or hybrid. Enterprises invest in infrastructure for building and operating a private cloud for various reasons, including data compliance obligations, data privacy, and maintaining guaranteed performance levels. Some enterprises build their private cloud, while others invest in a turnkey private cloud solution.

Cloud professional services: The key layers of cloud professional services are cloud brokerage, cloud integration, and managed cloud services.

Cloud computing Value Chain Analysis

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Leading Cloud Computing Adopters in Travel & Tourism Industry

Some of the leading travel & tourism companies that are currently deploying cloud computing are as follows:

• Airbnb
• Delta Air Lines
• Dubai Airports Company
• easyJet

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Leading Cloud Computing Vendors in Travel & Tourism Industry

Some of the leading vendors associated with the cloud computing theme are:

• Alibaba
• Alphabet (parent company of Google)
• Amazon
• Cisco

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Specialist Cloud Computing Vendors in Travel & Tourism Industry

Some of the specialist cloud computing vendors in the travel and tourism sector are:

• A-ICE
• Amadeus
• Infor
• Relito

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Airports Sector Scorecard – Cloud Computing Theme

At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecards have three screens: a thematic screen, a valuation screen, and a risk screen. The airport sector scorecard has three screens:

• The thematic screen tells us who are the overall leaders in the 10 themes that matter most, based on our thematic engine.
• The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
• Our risk screen ranks companies within a sector based on overall investment risk.

Airports Sector Scorecard – Thematic Screen

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Cloud Computing in Travel and Tourism Market Overview

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.

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.

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.