Dublin–(Business Wire) – this “Smart Hotel Market Share, Size, Trends, Industry Analysis Report, By Product; By Deployment Mode; By End Use; By Region; Segment Forecast, 2022 – 2030” report added to ResearchAndMarkets.com’s supply.
The global smart hotel market is expected to reach $110.08 billion by 2030, according to a new study.
The report details the current market dynamics and provides an analysis of the future market growth.
By offering a more personalized travel experience, hoteliers can create lasting experiences and increase their chances of writing positive reviews. Creating unique visitor experiences can drive revenue while increasing brand reputation and customer loyalty. With new smart hotel solutions, hotels can gain data-driven insights and customer behavior to enhance the guest experience by providing better service to each guest.
Increasing adoption of various advanced technologies such as 5G, IoT, and artificial intelligence in the hospitality industry is expected to create revenue-generating opportunities during the forecast period. For example, in April 2020, Huawei joined hands with InterContinental to build the first 5G smart hotel, bringing extraordinary experiences to guests through a powerful 5G network and terminal interconnection.
Hence, adoption of this cutting-edge technology is expected to drive the growth of the global market. These streamlined smart hotel solutions help hotels improve service quality while enhancing the guest experience. Hence, there is likely to be a greater demand for smart hotel solutions, which will drive the expansion of the market.
Smart Hotel Market Report Highlights
-
The customer experience segment by solution is expected to grow at a high CAGR. The guest experience determines the quality of service provided in the hospitality industry. An unsatisfactory experience indicates that the hotel needs improvement.
-
The cloud-based segment is expected to grow rapidly. Hotels and restaurants are implementing cloud-based technologies that may change with market and business dynamics. Demand for better guest experience, greater cost efficiency, and universal access from hoteliers in any remote location will drive the market.
-
In Asia Pacific, where the global market is expected to dominate due to its ability to handle outsourced solutions, the smart hotel market is expected to witness significant growth. Moreover, the massive construction of contact centers is expected to further drive the expansion of the smart hospitality industry in the region in the coming years.
-
Key Players Operating in the Global Market are Cisco Systems, Honeywell International, IBM Corporation, Johnson Controls, NEC Corporation, Oracle Corporation, Schneider Electric, Siemens, Winhotel Solutions, Huawei Technologies, Oracle, Johnson Controls, Samsung, Springer-Miller Systems, Control4, Wisuite, Qualsoft Systems, Hospitality Network, Guestline, Cloudbeds, Frontdesk Anywhere, Chris Lewis Group, Xie Zhu, BuildingIQ, Stayntouch, etc.
Market Dynamics
Drivers and Opportunities
-
Growth in tourism and increased investment in hotel projects
-
Emerging Hospitality Workplace Concepts
Limitations and Challenges
The publisher segments the smart hotel market report on the basis of product, deployment, end-use, and region:
Smart Hotels, Offering Prospects (Revenue – USD Billion, 2018 – 2030)
-
solution
-
Property Management System
-
Guest Experience Management System
-
Integrated Security Management
-
Facility Management Software
-
network management software
-
point of sale software
-
Serve
Smart Hotels, Deployment Model Outlook (Revenue – USD Billion, 2018 – 2030)
Smart Hotels, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)
-
hotel
-
cruise
-
luxury boat
-
other
Smart Hotels, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
-
North America
-
us
-
Canada
-
Europe
-
Germany
-
U.K.
-
France
-
Italy
-
Spain
-
Russia
-
Netherlands
-
Asia-Pacific
-
China
-
India
-
Japan
-
South Korea
-
Indonesia
-
Malaysia
-
Latin America
-
Argentina
-
Brazil
-
Mexico
-
middle east and africa
-
United Arab Emirates
-
Saudi Arabia
-
Israel
-
South Africa
Key topics covered:
1. Introduction
2. Executive summary
3. Research Methodology
4. Global Smart Hotel Market Insights
5. Global Smart Hotel Market, by Product
6. Global Smart Hotel Market, By Deployment Mode
7. Global Smart Hotel Market, By End Use
8. Global Smart Hotel Market by Geography
9. Competitive landscape
10. Company Profile
mentioned company
-
Cisco Systems
-
Honeywell International
-
IBM Corporation
-
Johnson Controls
-
NEC
-
Oracle Corporation
-
Schneider Electric
-
siemens ag
-
Winhotel Solution SL Inc.
-
Huawei Technologies
-
Oracle
-
Johnson Controls
-
Samsung
-
information
-
Leviton
-
saber
-
Springer-Miller system
-
control 4
-
Global Business Solutions
-
wireless kit
-
Jiasoft System
-
hotel network
-
Customer line
-
cloud bed
-
front desk everywhere
-
Chris Lewis Group
-
Xie Zhu (China)
-
Build IQ
-
keep touching
For more information on this report, please visit https://www.researchandmarkets.com/r/2ggif
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, top companies, new products and latest trends.
