Search results for: 'transform 2023'

The economies of Eastern European countries have had a slow 2019, with stalling or contracting growth in certain economies. The global economic slump, ongoing trade wars, the weak German economy, and Brexit have discouraged external demand. Internal demand, due to low inflation, wage growth, and tight labor markets, has been able to sustain the pro...

The homes and buildings industry experienced a solid 7.2% growth in 2023, driven by increasing demand for facility management services, smart home devices, transition towards energy-efficient HVAC systems, tech-driven building optimisation solutions, and construction management solutions. This growth was further propelled by the increasing adoption...

The need to adopt threat intelligence (TI) has transcended compliance requirements it is now essential due to the evolving threat landscape. Organizations must integrate TI into their IT frameworks to operate effectively. Global digitalization initiatives such as cloud migration, IoT, AI, and remote work have expanded attack surfaces, IT complexity...

The global two-wheeler (2W) industry comprising motorcycles, scooters, and mopeds is a dynamic space fueled by various factors. It has recorded remarkable growth in recent years, driven by the urbanization boom, rising disposable income, and personal mobility needs. In addition, legacy 2W participants are introducing new models with updated and adv...

India commands a dominant position in South Asia for data center colocation services, accounting for approximately 92% of the region s market share. This leadership is expected to persist in the coming years, driven by robust demand from hyperscale cloud providers, over-the-top (OTT) platforms, content providers, and artificial intelligence (AI) co...

08 Aug 2024  |  Global  |  Customer Research

CX Growth Opportunities in the Travel & Hospitality Industry 2024 to 2025

Customer Perspectives

Infographics

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In 2023, the pent-up demand for travel boosted spending in this industry to almost back to pre-pandemic levels. With increasing demand and the need to recoup revenue lost during the 2020-2022 pandemic restrictions, air and ground transportation, accommodations, and dining prices are high. Revenue growth is also expected due to more consumers spendi...

The global security market is poised to expand at a compound annual growth rate (CAGR) of 6.81% over 2018–2025. Cybersecurity is the most crucial technology segment that is projected to grow at a faster rate than the overall security market, achieving a CAGR of 9.20% over the same period. An inevitable need for advanced security solutions to contai...

During the 2021 United Nations Climate Change Conference (COP26), the European Union and the United States announced their commitments to become carbon neutral by 2050, while China and India, the first- and third-largest emitters, plan to become carbon neutral by 2060 and 2070, respectively. Low-income countries will struggle to reduce their carbon...

The rapid evolution of drone technology has propelled their adoption by first responder agencies. This Frost & Sullivan study explores the diverse applications and critical advantages of using drones in emergency situations, highlighting their potential to transform the way emergency responders operate. The report examines the vital contribution o...