Newsroom > ICT Adoption in Travel & Hospitality Set to Accelerate, Projected to Grow at 7.9% CAGR by 2030
24.04.2025
Press Release
Sustainable 7.9% CAGR Reflects Growing Demand for Personalization, Operational Efficiency, and Seamless Guest Experiences
Middleton, Massachusetts | March 24, 2025 - QKS Group, a premier market intelligence and advisory firm, has released its latest vertical-specific research covering the Travel and Hospitality industry, projecting a compound annual growth rate (CAGR) of 7.9% through 2030. The report offers strategic insights into how Information and Communication Technology (ICT) is reshaping guest engagement, booking ecosystems, operational agility, and experience design across hotels, airlines, resorts, and travel platforms.
The Next Growth Frontier for ICT Vendors in Travel & Hospitality
Digital transformation is becoming a competitive differentiator in the travel and hospitality industry, as businesses navigate rising guest expectations, fluctuating demand patterns, and omnichannel service delivery. ICT domains such as CX & MarTech, Application Development & Deployment, Analytics and Artificial Intelligence, Data Management, Information Security, Communication & Collaboration, and BPM & Process Automation are now foundational. These capabilities are enabling hyper-personalized experiences, dynamic pricing, seamless omnichannel bookings, real-time service coordination, loyalty program automation, and guest data protection across properties and platforms.
According to Amandeep Singh, Principal Analyst & Practice Director at QKS Group, “Travel and hospitality organizations are under pressure to deliver consistent, real-time, and highly personalized experiences - both online and on-premises. ICT is now central to orchestrating intelligent operations, revenue management, and guest engagement at scale. Vendors that enable frictionless omnichannel journeys, secure guest data flows, and predictive service capabilities will play a vital role in helping brands meet the evolving expectations of travellers in a digitally competitive world.”
Key Market Insights from QKS Group’s Report
Market Leaders & Competitive Landscape
The report profiles top ICT vendors enabling digital transformation in the Travel and Hospitality sector, including Oracle Hospitality, Amadeus, Sabre, Salesforce, Adobe, Microsoft, AWS, Google Cloud, Zoho, IBM, SiteMinder, Cisco, SAP, Infosys, TCS, Revinate, Pegasus, Duetto, Freshworks, and ServiceNow. These vendors support seamless operations, personalized guest journeys, cloud-native property management, and predictive revenue optimization.
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Why This Matters for Travel & Hospitality Sector Vendors?
In an industry where every interaction shape brand perception, ICT is essential for delivering adaptive, secure, and scalable service ecosystems. Vendors must offer integrated platforms that support real-time engagement, intelligent automation, guest-centric data strategies, and agile service recovery. Those who bridge operational efficiency with exceptional digital experiences will unlock long-term loyalty, revenue growth, and competitive edge in an experience-first travel economy.
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About QKS Group
QKS Group, formerly Quadrant Knowledge Solutions, is a leading global advisory and research firm, dedicated to empowering technology innovators to accelerate their growth journeys and enable technology adopters to achieve their digital transformation objectives. To gain access to the full market insights, growth forecasts, and competitive analysis, Connect:
Shraddha Roy
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