Categories: Special ReportTechnology

Digital Pathways

Mobility, blockchain, VR and AI – technologies transforming travel before our eyes
The shift to digital travel continues its worldwide juggernaut, increasing by 10.4 percent in 2018 to reach $676 billion in sales, and will rise to $855 billion by 2021. This according to a new industry forecast from CellPoint Mobile, a provider of sales and payment-side technology solutions for travel.

In the US alone, mobile devices already account for 40 percent of digital travel sales, the report states, and elsewhere in the world, four of the five fastest-growing travel markets are in Asia-Pacific (China, India, Indonesia, Vietnam). However travel is also growing exponentially in Africa, the Middle East and Latin America, regions that also have a growing base of mobile-first smartphone users who rely on their devices for purchasing everything from a cup of coffee to long-haul business travel.

"Mobile commerce is fundamentally changing how business is done, especially in the travel sector," said Kristian Gjerding, CEO of CellPoint Mobile. "Travel suppliers are integrating mobile commerce into every transaction from the beginning to end of a passenger's journey, creating significant opportunities for additional revenue and increased brand loyalty."

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