Airlines are facing an ever-evolving digital landscape as expectations from always-connected passengers rise. Explore the scope for airline information technology, key solution providers, emerging upgrades, and how airlines are addressing their pain points with digital technologies.
The COVID-19 crisis has impacted the space industry, spanning segments like manufacturing, launch, downstream services, and investments. Examine the consequences of the ongoing disruptions, key projections, and how participants can make their business resilient to such scenarios in the future.
What are the different airport management and ownership models, and what are the benefits of airport joint ventures? What is the future vision, and what improvements in airport management will drive growth after COVID-19? Find out more about this segment from this in-depth research.
The COVID-19 pandemic delivered a gut punch to the hospitality industry. When it hit, it hit hard and rapidly, slowing or stopping hotel and restaurant chain growth plans in their tracks. Our research suggests that hotels went from occupancy rates in the high-80% range down to single digits, while at least 40% of restaurants have closed their doors or have permanently shut down. Hospitality business executives we speak with are focused on recovering business to levels that are at least half of pre-pandemic levels—but growth remains part of their longer-term plans.
The new dynamic between hotels and restaurants and their customers is shaping rebound and regrowth strategies. That dynamic is about giving people the confidence that when they stay with or dine in an establishment, they will be able to enjoy their experience without fear of contamination. People are yearning to travel and dine out, so the demand for hospitality services is building. Still, businesses will have to adapt their processes, procedures and circumstances to engender customer confidence to serve that demand.
A central business challenge is that in the COVID-sparked recession, most businesses are deferring capital spend on equipment, hiring and new technology. Any investment is directed at getting travelers and diners back in establishments. Revenue generation, competitive advantage and cost savings are critical to survival. Yet, growth in the hospitality industry is still out there, and we believe that the path back to growth is through digital transformation.
Schedule a consultation with an industry expert at no charge by contacting us at firstname.lastname@example.org. We are taking unprecedented action to make our team available to help you cut through the media and politics to get factual one-to-one guidance for the issues and opportunities that matter most to your business.
This assessment of the drone-in-a-box market includes estimates for growth in demand for autonomous drones, which are housed in environmentally protected "drone garages." The report will also evaluate market drivers and restraints and provide a list of growth opportunities.
This insight captures the most recent developments in laser and high-power microwave weapons. It also pays particular attention to Raytheon Technologies’ role in the development of DE technologies and weapons.
Frost & Sullivan’s recent analysis, New Trade and Supply Chain Mega Trends to Transform the Global Economy in 2020, predicts that the destabilizing impact of the COVID-19 pandemic on the macroeconomic fundamentals will cause the global economy to contract by 3.6% in 2020. Major European and American economies are forecast to witness contraction much deeper than 6%, whereas the Chinese economy is expected to grow by 1.3%. The global economy will most likely begin to recover from the impact of the pandemic by 2021, boosted by hefty stimulus packages and stringent fiscal measures.
Frost & Sullivan’s recent analysis, Post-Pandemic Growth Opportunity in the Global Security Industry, finds that the security industry has tremendous investment opportunities despite the economic slowdown witnessed due to COVID-19. Under an aspirational recovery scenario, the global security industry is likely to grow at a compound annual growth rate (CAGR) of 4.3%, garnering revenue of $140.60 billion by 2025 from $109.30 billion in 2019.
Frost & Sullivan’s recent study, Analysis of the Global Airline IT Market, Forecast to 2025, finds that the increasing expectations of passengers are compelling airlines to embrace digital enablers and propelling a digital transformation journey that will fundamentally change traditional airline information technology (IT) strategies.Read more