A rise in global travel and adoption of cloud solutions will drive growth in the SME (small and medium enterprise) travel technology market, points out a research paper published by Frost & Sullivan’s Digital Transformation team. The global travel market is flourishing. Growth is driven by several factors, including airport expansion in tier-I and II cities, high demand in emerging economies, government infrastructure development, a rise in disposable income, and adoption of cloud technology by enterprises for travel solutions and analytics.
Developments and trends driving growth in the global travel technology market have come on the back of focus on customer