The Decentralized Computing Future
- Published:
- November 2021
- Research Type:
- Article
- Figures:
- 5
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Tours & Packages
- Regions:
- U.S. & Canada
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SubscribeSummary
Decentralized computing is one of the newest technological developments impacting the travel industry. By no means limited to travel, the structural change of decentralization offers stronger security and information access. While traditional players may have their concerns about their place in the new structure, no one position will be compromised if it continues to add value to the travel search and booking process. This article examines some of the key changes that will span all levels and sectors of the industry, reflecting the modern desire for greater control over products and transparency. Potential outcomes for the travel industry are discussed, as are expectations for specific segments and channels.
Innovation in travel is more important than ever, and technology will play a pivotal role in market recovery and transformation. This article is part of a content series that explores some of the most significant technology-driven trends that will influence travel distribution in 2021 and beyond.
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What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.