Market Research Report
Internet of Things in Tourism - Thematic Research
|Published by||GlobalData||Product code||657610|
|Published||Content info||48 Pages
|Internet of Things in Tourism - Thematic Research|
|Published: June 7, 2018||Content info: 48 Pages||
Imagine a world where an airplane can detect a fault in one of its engines in mid-flight and radio ahead to order spare parts without any pilot intervention. Or where your fridge can detect you are running out of milk and order it while you are asleep. Or where your home thermostat automatically lowers the temperature when you leave the house and raises it the moment you return. The "Internet of Things" (IoT) refers to a world where various devices are connected to the internet with a view to automating more of our lives, saving energy, making industrial processes run more efficiently, etc.
We are still early in this technology cycle. As yet, there are no common standards, so it is difficult to predict any long-term winners and losers. However, executives need to understand the IoT because it will soon morph into a mega-theme. Inside, our analysis offers a framework in which to look at IoT, summarizes the important trends, and identifies the key players.