Citation:

Dr. GVR Shastri. "Technological Developments Allow the Merger with Other Industries in the Services Sector. A Study of Tourism/Banking/Insurance Industries’ Integration and Product Performance Management" International Research Journal of Economics and Management Studies, Vol. 4, No. 1, pp. 110-124, 2025.

Abstract:

Services sectors like Tourism, Banking and Insurance have been showing enhanced performance, generating additional revenues and employment at the same time. Recent applications in web/mobile technology have helped these sectors to provide faster service and optimum utilization of time and resources. It is through the applications of web and mobile technology that these industries can be easily merged into one whole unit to provide a new business dimension for the customers. Using empirical studies of how technology factors affect the macro variables Tourism, Banking and Insurance and if at all the integration of the three said industries is possible, this paper has been attempted.

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Keywords:

Service sector, Service sector Integration, Technology Factors, Web technology, Mobile applications, Advanced Integration, Banking Industry, Tourism Industry, Insurance Industry, Information and Communication Technology, Mobile Banking, Mobile Apps, Product Performance Management, etc.