target audience: TECH BUYER Publication date: Oct 2024 - Document type: IDC FutureScape - Doc Document number: # US52102124
IDC FutureScape: Worldwide Hospitality, Dining, and Travel 2025 Predictions
Table of Contents
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IDC FutureScape Figure
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Figure: IDC FutureScape: Worldwide Hospitality, Dining, and Travel 2025 Top 10 Predictions
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Executive Summary
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IDC FutureScape Predictions
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Summary of External Drivers
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Predictions: Impact on Technology Buyers
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Prediction 1: By 2028, Predictive AI Will Account for 25% of IT Budgets for Hospitality and Travel Organizations, Driven by Needs in Security, Revenue, and Efficiency Planning
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Associated Drivers
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IT Impact
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Guidance
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Prediction 2: Driven by Increasing Demand for Travel and Hospitality to Adopt Digital Identity Strategies, Web3 Investment Will Increase 25% by 2029, Enabling Travelers to Store Credentials on a Decentralized Network
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Associated Drivers
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IT Impact
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Guidance
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Prediction 3: By 2027, 35% of Global Enterprise Hospitality and Travel Brands Will Have Added Biometric Check-in/Payments Options or Invested in Infrastructure to Support the Technology
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Associated Drivers
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IT Impact
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Guidance
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Prediction 4: By 2027, 50% of Interactive Signage in Hospitality and Travel Will Utilize Headless Content Management Capabilities to Create Frictionless Experiences for Guests Between Signage, Websites, and Mobile
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Associated Drivers
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IT Impact
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Guidance
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Prediction 5: By 2029, 35% of QSR Brands Will Have Allocated 15% of Overall IoT Budgets to Explore or Expand Drone Delivery, Reducing CO2 Footprint by 10% and Increasing CSAT by 25%
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Associated Drivers
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IT Impact
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Guidance
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Prediction 6: Driven by Impending Regulations and Compliance Issues, by 2029, Sustainability Goals Will Be a KPI for 75% of Hospitality and Travel AI Investments
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Associated Drivers
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IT Impact
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Guidance
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Prediction 7: By 2025, 65% of Interactions with Hospitality and Travel Brands Will Be Handled Through Voice AI-Powered Chatbots, Accounting for 50% of All GenAI Investments, Leading to 35% Fewer Issue Escalations
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Associated Drivers
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IT Impact
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Guidance
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Prediction 8: By 2026, 45% of Employee and Guest-Facing Mobile Applications Will Have Embedded Intuitive AI Elements, Driving Efficiency for Operations and Seeing Increased Employee Retention and Guest Loyalty
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Associated Drivers
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IT Impact
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Guidance
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Prediction 9: By 2028, 25% of Martech Budgets in Hospitality and Travel Will Be Allocated to Add Demand-Based Pricing, Providing Better Visibility to Inventory and Increasing Sales by 10% and Revenue by 6%
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Associated Drivers
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IT Impact
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Guidance
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Prediction 10: Driven by Need for Data Visibility and Security, by 2027, 95% of Hospitality and Travel Brands' Enterprise Systems Will Be Cloud Based, Seeing a Two-Fold Increase in Data Loss Prevention Investments
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Associated Drivers
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IT Impact
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Guidance
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Advice for Technology Buyers
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External Drivers: Detail
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AI-Driven Business Models — Moving from AI Experimentation to Monetization
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The Drive to Automate — Toward a Data-Driven Future
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Future Proofing Against Environmental Risks — ESG Operationalization and Risk Management
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AI-Driven Workplace Transformation — Building Tomorrow's Workforce Today
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Expanding Digital Security Frontiers — Fortification Against Multiplying Threats
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Customer Experience Squared — Consumer and Citizen Expectations for Digital Services
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Learn More
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Related Research
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