The leisure travel market size was valued at $ 953.9 billion in 2018, and is expected to reach $ 1,464.3 billion by 2026, registering a CAGR of 5.6% from 2019 to 2026. By traveler type, the group segment garnered the highest leisure travel market share in 2018 and is expected to retain its dominance throughout the forecast period.
The 4 Forces Transforming Logistics, Supply Chain and Transportation Today
Few industries or business functions are experiencing as much disruption as logistics, supply chain and transportation. In fact, according to a recent Forbes Insights survey of more than 400 senior transportation-focused executives, 65% say tectonic shifts in these areas are driving an era of profound transformation.
Global Transportation and Logistics Industry Outlook Report 2019
This study analyzes these various trends and provides the 2019 growth outlook for the global transportation and logistics industry in terms of size, by region and by industry segments, such as freight transportation, covering ocean freight, air freight, and overland freight; warehousing; freight forwarding; and Courier, Express, and Parcel (CEP) services.
It also covers the stature of technology concepts, infrastructure trends, and opportunities relating to Industry 4.0, emission regulations, cross-border trade, infrastructure modernization, and industry digitalization and their implications for logistics and supply chain service providers. The specific digital technologies covered include Blockchain, augmented reality, data analytics, drone technologies, Internet of Things (IoT) robotic systems, and 3D printing.
How Technology Is Driving Change In Almost Every Major Industry
I’m sure I won’t surprise you if I write that smart use of technology is an integral part of success in business today. We live in the digital era—using mobile devices to create, cloud computing to collaborate, cognitive computing and artificial intelligence to improve operations, and data analysis to extract key insights. And that’s just scratching the surface.