Global Smart Hospitality Market

 

 

The Global Smart Hospitality Market size is estimated to be USD 13.6 billion in 2022 and is projected to reach USD 49.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 29.8% during the forecast period, 2022 – 2027.

 

The Global Smart Hospitality market delivers a comprehensive evaluation of the market. It does give a comprehensive analysis via research study which observes historical data & emerging technology to determine the industry’s growth drivers.

 

The increase in growth in tourism and rising investments in hotel projects to boost the demand of the Global Smart Hospitality Market. Further, the growing demand for guest-oriented, real-time optimized experience and hyperconnected personalization will drive the Smart Hospitality Market in future. On the contrary, high implementation, maintenance, and training cost acts as a restraining factor for the market.

 

In this report study, the key trend prospects & important drivers for the Smart Hospitality market’s growth are explored and analysed in depth. The market dynamics included in the report includes drivers, restraints, opportunities, and challenges, which may have a positive or negative impact on market overall growth.

 

 

Global Smart Hospitality Market Report Objective

 

This report helps the user understand the market in terms of definition, segmentation, market potential, key trends, and industry challenges. Industry analysis was undertaken across the report’s framework, which will help readers obtain a comprehensive scenario of the market. The market statistics & data were acquired from reliable sources such as websites, annual reports of companies, journals, and other publications, then double-checked and validated by industry experts.

 

This report also covers PORTER’S five forces to help determine several factors like the threat of substitutes, competitive analysis, power of buyer, supplier as well as the threat of new entry. The report has classified the Global Smart Hospitality Market based on Solution/Software, Services, Deployment Mode, End User and Region.

 

 

Key Players:

 

The major vendors in the Smart Hospitality Market include NEC Corporation, Huawei, Schneider Electric, Cisco Systems, Inc., IBM, Honeywell, Oracle, Johnson Controls, Siemens AG, Winhotel Solution S.L., Inc., Huawei Technologies, Buildingiq, Chris Lewis Group, Stayntouch, Legrand, Leviton, Koninklijke Philips N.V.

 

 

Market Taxonomy

 

By Solution/ Software

 

  • Property Management System
  • Guest Experience Management System
  • Integrated Security Management
  • Facility Management Software
  • Network Management Software
  • Point Of Sale Software
  • Hotel Operation Management System
  • Hotel Building Automation System

 

By Services

 

  • Professional Services
  • Managed Services

 

By Deployment Mode

 

  • Cloud
  • On-premises

 

By End User

 

  • Motors
  • Hotel
  • Cruise
  • Luxury Yachts
  • Heritage and Boutique Hotel
  • Resorts and Spas

 

By Region

 

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Global Smart Hospitality Market TOC

 

 

1 Introduction       


1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope

 

 

2 Research Methodology

 

2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources

 

 

3 Executive Summary


4 Global Smart Hospitality Market Outlook


4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

 

 

5 Global Smart Hospitality Market, By Solution/Software


5.1 Y-o-Y Growth Comparison, By Solution/ Software

5.2 Global Smart Hospitality Market Share Analysis, By Solution/Software

5.3 Global Smart Hospitality Market Size and Forecast, By Solution/Software
5.3.1 Property Management System

5.3.2 Guest Experience Management System

5.3.3 Integrated Security Management

5.3.4 Facility Management Software

5.3.5 Network Management Software

5.3.6 Point Of Sale Software

5.3.7 Hotel Operation Management System

5.3.8 Hotel Building Automation System

 

 

6 Global Smart Hospitality Market, By Services


6.1 Y-o-Y Growth Comparison, By Services

6.2 Global Smart Hospitality Market Share Analysis, By Services

6.3 Global Smart Hospitality Market Size and Forecast, By Services
6.3.1 Professional Services

6.3.2 Managed Services

 

 

7 Global Smart Hospitality Market, By Deployment Mode


7.1 Y-o-Y Growth Comparison, By Deployment Mode

7.2 Global Smart Hospitality Market Share Analysis, By Deployment Mode

7.3 Global Smart Hospitality Market Size and Forecast, By Deployment Mode
7.3.1 Cloud

7.3.2 On-premises

 

 

8 Global Smart Hospitality Market, By End User


8.1 Y-o-Y Growth Comparison, By End User

8.2 Global Smart Hospitality Market Share Analysis, By End User

8.3 Global Smart Hospitality Market Size and Forecast, By End User

8.3.1 Motors

8.3.2 Hotel

8.3.3 Cruise

8.3.4 Luxury Yachts

8.3.5 Heritage and Boutique Hotel

8.3.6 Resorts and Spas

 

 

9 Global Smart Hospitality Market, By Region


9.1 Global Smart Hospitality Market Share Analysis, By Region

9.2 Global Smart Hospitality Market Share Analysis, By Region

9.3 Global Smart Hospitality Market Size and Forecast, By Region

 

 

10 North America Smart Hospitality Market Analysis and Forecast (2022-2027)


10.1 Introduction

10.2 North America Smart Hospitality Market Share Analysis, By Solution/Software

10.3 North America Smart Hospitality Market Size and Forecast, By Services

10.4 North America Smart Hospitality Market Size and Forecast, By Deployment Mode

10.5 North America Smart Hospitality Market Size and Forecast, By End User

10.6 North America Smart Hospitality Market Size and Forecast, By Country

10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico

 

 

11 Europe Smart Hospitality Market Analysis and Forecast (2022-2027)


11.1 Introduction

11.2 Europe Smart Hospitality Market Share Analysis, By Solution/Software

11.3 Europe Smart Hospitality Market Size and Forecast, By Services

11.4 Europe Smart Hospitality Market Size and Forecast, By Deployment Mode

11.5 Europe Smart Hospitality Market Size and Forecast, By End User

11.5 Europe Smart Hospitality Market Size and Forecast, By Country

11.6.1 Germany
11.6.2 France
11.6.3 UK

11.6.4 Rest of Europe

 

 

12 Asia Pacific Smart Hospitality Market Analysis and Forecast (2022-2027)


12.1 Introduction

12.2 Asia Pacific Smart Hospitality Market Share Analysis, By Solution/Software

12.3 Asia Pacific Smart Hospitality Market Size and Forecast, By Services

12.4 Asia Pacific Smart Hospitality Market Size and Forecast, By Deployment Mode

12.5 Asia Pacific Smart Hospitality Market Size and Forecast, By End User

12.6 Asia Pacific Smart Hospitality Market Size and Forecast, By Country

12.6.1 China       
12.6.2 Japan
12.6.3 India

12.6.4 Rest of Asia Pacific

 

 

13 Latin America Smart Hospitality Market Analysis and Forecast (2022-2027)


13.1 Introduction

13.2 Latin America Smart Hospitality Market Share Analysis, By Solution/Software

13.3 Latin America Smart Hospitality Market Size and Forecast, By Services

13.4 Latin America Smart Hospitality Market Size and Forecast, By Deployment Mode

13.5 Latin America Smart Hospitality Market Size and Forecast, By End User

13.6 Latin America Smart Hospitality Market Size and Forecast, Country

13.6.1 Brazil

13.6.2 Rest of Latin America

 

 

14 Middle East Smart Hospitality Market Analysis and Forecast (2022-2027)


14.1 Introduction

14.2 Middle East Smart Hospitality Market Share Analysis, By Solution/Software

14.3 Middle East Smart Hospitality Market Size and Forecast, By Services

14.4 Middle East Smart Hospitality Market Size and Forecast, By Deployment Mode

14.5 Middle East Smart Hospitality Market Size and Forecast, By End User

14.6 Middle East Smart Hospitality Market Size and Forecast, By Country

14.6.1 Saudi Arabia

14.6.2 UAE

14.6.3 Egypt

14.6.4 Kuwait

14.6.5 South Africa

 

 

15 Competitive Analysis


15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies

 

 

16 Company Profiles

 

16.1 NEC Corporation

 

16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview

16.1.5 Key Market Developments

16.1.6 Key Strategies

 

 

16.2 Huawei

 

16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview

16.2.5 Key Market Developments

16.2.6 Key Strategies

 

 

16.3 Schneider Electric

 

16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview

16.3.5 Key Market Developments

16.3.6 Key Strategies

 

 

16.4 Cisco Systems

 

16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview

16.4.5 Key Market Developments

16.4.6 Key Strategies

 

 

16.5 IBM

 

16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview

16.5.5 Key Market Developments

16.5.6 Key Strategies

 

 

16.6 Honeywell


16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview

16.6.5 Key Market Developments

16.6.6 Key Strategies

 

 

16.7 Oracle

 

16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview

16.7.5 Key Market Developments

16.7.6 Key Strategies     

 

 

16.8 Johnson Controls

 

16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview

16.8.5 Key Market Developments

16.8.6 Key Strategies

 

 

16.9 Siemens AG

 

16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview

16.9.5 Key Market Developments

16.9.6 Key Strategies

 

 

16.10 Winhotel Solution S.L.

 

16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview

16.10.5 Key Market Developments

16.10.6 Key Strategies