Impact of the Metaverse in Travel and Tourism – Thematic Intelligence
All the vital news, analysis, and commentary curated by our industry experts.
Metaverse In Travel and Tourism Thematic Overview
The metaverse is a virtual world where users share experiences and interact in real-time within simulated scenarios. Although it is largely conceptual, the metaverse could transform how people work, shop, communicate, and consume content and the travel and tourism industry is no exception.
The metaverse may accelerate the travel industry’s recovery as big travel and tourism organizations have begun exploring use cases for the metaverse following the devastating impact of the COVID-19 pandemic across the industry. Current applications either focus on digital marketing campaigns with real-world rewards for consumers, creating immersive experiences on-site for digitally savvy consumers through AR and VR metaverses, or improving operational efficiency through digital twin technology.
Metaverse in travel and tourism research report provides an overview of the metaverse value chain including leaders and challengers for each sub-segment. The report provides the challenges facing the travel and tourism industry and analysis on how the metaverse could impact those challenges. It also analyses market size and growth forecasts for the metaverse. It provides case studies showing the use cases for the metaverse across the travel and tourism industry and analysis of alternative data including company filings, hiring, deals and social media activity. This also gives review of the leading adopters of the metaverse in the travel and tourism industry, the specialist metaverse vendors for the travel and tourism industry, and the leading metaverse vendors cross-industry.
|Value Chains||Foundation, Tools, User Interface, and Experience.|
|Specialist Vendors||Appinventiv, BuzzAR, Equinox XR, Kuula, Matterport, Multiverse Labs, Parallux, TimeLooper, Vection Technologies, and Worldbuildr|
|Leading Vendors||Alibaba, Alphabet (parent company of Google), Apple, Epic Games, Meta (formerly Facebook), Microsoft, Naver, Niantic, Nvidia, Roblox, Tencent, and Unity Technologies|
|Leading Adopters||City Developments (parent company of Millennium & Copthorne Hotels), Changi Airport Group, Comcast (parent company of Universal Studios), DayAway, Deutsche Bahn, Emirates, International Airlines Group (parent company of Vueling Airlines), Marriott, Royal Caribbean Group (parent company of Celebrity Cruises), and Travelzoo|
|Enquire & Decide||Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.|
Metaverse in Travel and Tourism – Industry Analysis
The metaverse market is expected to grow at a CAGR of more than 32% between 2020 and 2030. The metaverse brings together a range of next-generation technologies, such as AI, cloud, cryptocurrencies, cybersecurity, IoT, VR, AR, digital twins, gaming, and adtech.
The metaverse in travel and tourism industry analysis also covers:
- Mergers and acquisitions
- Hiring trends
- Social media trends
- Company filings trends
- Metaverse timeline
Metaverse Market Revenues 2020-2030 ($ Billion)
For more insights into the metaverse market revenues, buy the full report or download a free report sample
Metaverse in Travel and tourism- Value Chain Analysis
The metaverse in travel and tourism value chain consists of three main area: foundation, tools, user interface, and experience.
Foundation layer: The foundation layer comprises technologies necessary for computation, motion tracking, low-latency networks, data management systems, and decentralized infrastructure. The metaverse will need massive computing power to merge the physical and digital worlds. As a result, semiconductors will be a key battleground.
Metaverse in Travel and Tourism Value Chain Analysis
For more insights into the metaverse in travel and tourism value chain, buy the full report or download a free report sample
Leading Metaverse Adopters in Travel and tourism
Some of the leading adopters making their mark within the metaverse in travel and tourism theme:
- City Developments (parent company of Millennium & Copthorne Hotels)
- Changi Airport Group
- Comcast (parent company of Universal Studios)
- Deutsche Bahn
- International Airlines Group (parent company of Vueling Airlines)
- Royal Caribbean Group (parent company of Celebrity Cruises)
Leading Metaverse Vendors
Some of the leading metaverse vendors in travel and tourism are:
- Alphabet (parent company of Google)
- Epic Games
- Meta (formerly Facebook)
- Unity Technologies
Leading Specialist Metaverse Vendors in Travel and tourism
Some of the leading specialist metaverse vendors in travel and tourism are:
- Equinox XR
- Multiverse Labs
- Vection Technologies
Buy the full report to know more about the leading adopters and vendors, and specialist vendors in the cloud computing theme, download a free report sample
Attraction Operators Sector Scorecard
At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecard has three screens: a thematic screen, a valuation screen, and a risk screen.
- The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
- The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
- The risk screen ranks companies within a particular sector based on overall investment risk.
Attraction Operators Sector Scorecard – Thematic Screen
Buy the full report to know more about the sector scorecards, download a free report sample
Segments Covered in the Report
Metaverse in Travel and Tourism Value Chain Outlook
- User Interface
- An overview of the metaverse value chain including leaders and challengers for each sub-segment.
- The challenges facing the travel and tourism industry and analysis on how the metaverse could impact those challenges.
- Market size and growth forecasts for the metaverse.
- Case studies showing the use cases for the metaverse across the travel and tourism industry.
- Analysis of alternative data including company filings, hiring, deals and social media activity.
- Review of the leading adopters of the metaverse in the travel and tourism industry, the specialist metaverse vendors for the travel and tourism industry, and the leading metaverse vendors cross-industry.
- Thematic scorecards for the attraction operator sector ranking leading companies on their involvement in key themes including the metaverse.
Reasons to Buy
- Position yourself for success by understanding how the metaverse theme will develop, how it will influence the travel and tourism industry, and where you should be investing in the theme.
- Quickly identify attractive investment targets in the attraction operator industry by understanding which companies are more likely to be winners in the future based on our thematic scorecard.
- Gain a competitive advantage over your competitors by understanding the opportunities, and potential challenges, offered by the metaverse for the travel and tourism industry.
- Source the leading, and specialist vendors for metaverse technologies for travel and tourism . Discover what each vendor offers, and who some of their existing clients are.
Animoca (The Sandbox)
BBK Electronics (OnePlus)
BBK Electronics (Oppo)
BBK Electronics (Vivo)
Blue Frog Robotics
CBAK Energy Technology
Changi Airport Group
Check Point Software
China Southern Airline
China Trading Desk
Comcast (Universal Studios)
Compagnie des Alpes
Dolce & Gabbana
Glory Star New Media
Government of the Emirate of Sharjah
Integral Ad Science
International Airlines Group
KLM Royal Dutch Airlines
LG Energy Solution
Mimi (3D Sound Labs)
NBA Top Shots
Niantic (8th Wall)
Puy du Fou
Royal Caribbean Group
Sky Mavis (Axie Infinity)
Sliver VR (Theta Labs)
The Trade Desk
Travel World VR
Tsinghua (Yangtze Memory)
Zagreb Tourist Board
Table of Contents
- 1. Executive Summary
- 2. The Metaverse Value Chain
- 2.1. Foundation layer
- 2.2. Tools layer
- 2.3. User interface layer
- 2.4. Experience layer
- 3. Travel & Tourism Challenges
- 4. The Impact of the Metaverse on Travel & Tourism
- 5. Case Studies
- 6. Data Analysis
- 6.1. Market size and growth forecasts
- 6.2. Mergers and acquisitions
- 6.3. Company filings trends
- 6.4. Hiring trends
- 6.5. Social media trends
- 6.6. Metaverse timeline
- 7. Companies
- 7.1. Leading metaverse adopters in travel & tourism
- 7.2. Leading metaverse vendors
- 7.3. Specialist metaverse vendors in travel & tourism
- 8. Sector Scorecard
- 8.1. Attraction operators sector scorecard
- 9. Glossary
- 10. Further Reading
- 11. Our Thematic Research Methodology
- 12. About GlobalData
- 13. Contact Us
Frequently asked questions
What are the components of the metaverse in travel and tourism value chain?
The metaverse value chain consists of foundation, tools, user interface, and experience.
Which are the leading adopters in metaverse in travel and tourism?
Some of the leading adopters in metaverse in travel and tourism are City Developments (parent company of Millennium & Copthorne Hotels), Changi Airport Group, Comcast (parent company of Universal Studios), DayAway, Deutsche Bahn, Emirates, International Airlines Group (parent company of Vueling Airlines), Marriott, Royal Caribbean Group (parent company of Celebrity Cruises), and Travelzoo.
Which are the leading vendors in metaverse in travel and tourism?
Some of the leading vendors in metaverse in travel and tourism are Alibaba, Alphabet (parent company of Google), Apple, Epic Games, Meta (formerly Facebook), Microsoft, Naver, Niantic, Nvidia, Roblox, Tencent, and Unity Technologies.
Which are the specialist vendors in metaverse in travel and tourism?
Some of the specialist vendors in metaverse in travel and tourism are Appinventiv, BuzzAR, Equinox XR, Kuula, Matterport, Multiverse Labs, Parallux, TimeLooper, Vection Technologies, and Worldbuildr
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