Smart Hospitality Market Report: Trends, Forecast and Competitive Analysis to 2030
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Smart Hospitality Market Trends and Forecast
The future of the global smart hospitality market looks promising with opportunities in the hotel, cruise, and luxury yatch markets. The global smart hospitality market is expected to reach an estimated $78.2 billion by 2030 with a CAGR of 27.6% from 2024 to 2030. The major drivers for this market are continous expansion of tourism all around the world, significant customer demand for personalized hospitality services ,and rising preference for 5G enabled smart hospitality services.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global smart hospitality market report, please download the report brochure.
Smart Hospitality Market by Segment
The study includes a forecast for the global smart hospitality market by offering, deployment, end use, and region
Smart Hospitality Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart hospitality market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart hospitality market companies profiled in this report include-
Lucintel forecast that cloud is expected to witness highest growth over the forecast period due to its widespread use among hospitality providers owing to numerous features, such as flexibility, adaptability, and affordability.
Hotel will remain the largest segment due to considerable use of smart hospitality technology among various business hotels.
APAC is expected to witness highest growth over the forecast period due to robust growth in tourism sector, rising number of hotels, and presence of key players in the region..
Features of the Global Smart Hospitality Market
Market Size Estimates: Smart hospitality market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Smart hospitality market size by various segments, such as by offering, deployment,end use, and region in terms of value ($B).
Regional Analysis: Smart hospitality market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offering, deployment, end use, and regions for the smart hospitality market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart hospitality market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the smart hospitality market size?
Answer: The global smart hospitality market is expected to reach an estimated $78.2 billion by 2030.
Q.2 What is the growth forecast for smart hospitality market?
Answer: The global smart hospitality market is expected to grow with a CAGR of 27.6% from 2024 to 2030
Q.3 What are the major drivers influencing the growth of the smart hospitality market?
Answer: The major drivers for this market are continous expansion of tourism all around the world significant customer demand for personalized hospitality services rising preference for 5G enabled smart hospitality services
Q4. What are the major segments for smart hospitality market?
Answer: The future of the smart hospitality market looks promising with opportunities in the hotel, cruise, and luxury yatchmarkets.
Q5. Who are the key smart hospitality market companies?
Answer: Some of the key smart hospitality market companies are as follows:
Answer: Lucintel forecast that cloud is expected to witness highest growth over the forecast period due to its widespread use among hospitality providers owing to numerous features, such as flexibility, adaptability, and affordability.
Q7. In smart hospitality market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to robust growth in tourism sector, rising number of hotels, and presence of key players in the region..
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the smart hospitality market by offering (solution and services), deployment (cloud and on-premises), end use (hotel, cruise, luxury yatches, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to smart hospitality market or related to smart hospitality companies, smart hospitality market size, smart hospitality market share, smart hospitality market growth, smart hospitality market research, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
Smart Hospitality Market Trends and Forecast
The future of the global smart hospitality market looks promising with opportunities in the hotel, cruise, and luxury yatch markets. The global smart hospitality market is expected to reach an estimated $78.2 billion by 2030 with a CAGR of 27.6% from 2024 to 2030. The major drivers for this market are continous expansion of tourism all around the world, significant customer demand for personalized hospitality services ,and rising preference for 5G enabled smart hospitality services.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global smart hospitality market report, please download the report brochure.
Smart Hospitality Market by Segment
The study includes a forecast for the global smart hospitality market by offering, deployment, end use, and region
Smart Hospitality Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
- Solution
- Services
- Cloud
- On-Premises
- Hotel
- Cruise
- Luxury Yatches
- Others
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart hospitality market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart hospitality market companies profiled in this report include-
- BuildingIQ
- Cisco Systems
- IBM
- Infor
- Johnson Controls
- NEC
- Oracle
- Schneider Electric
- Siemens
- Winhotel
Lucintel forecast that cloud is expected to witness highest growth over the forecast period due to its widespread use among hospitality providers owing to numerous features, such as flexibility, adaptability, and affordability.
Hotel will remain the largest segment due to considerable use of smart hospitality technology among various business hotels.
APAC is expected to witness highest growth over the forecast period due to robust growth in tourism sector, rising number of hotels, and presence of key players in the region..
Features of the Global Smart Hospitality Market
Market Size Estimates: Smart hospitality market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Smart hospitality market size by various segments, such as by offering, deployment,end use, and region in terms of value ($B).
Regional Analysis: Smart hospitality market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offering, deployment, end use, and regions for the smart hospitality market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart hospitality market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the smart hospitality market size?
Answer: The global smart hospitality market is expected to reach an estimated $78.2 billion by 2030.
Q.2 What is the growth forecast for smart hospitality market?
Answer: The global smart hospitality market is expected to grow with a CAGR of 27.6% from 2024 to 2030
Q.3 What are the major drivers influencing the growth of the smart hospitality market?
Answer: The major drivers for this market are continous expansion of tourism all around the world significant customer demand for personalized hospitality services rising preference for 5G enabled smart hospitality services
Q4. What are the major segments for smart hospitality market?
Answer: The future of the smart hospitality market looks promising with opportunities in the hotel, cruise, and luxury yatchmarkets.
Q5. Who are the key smart hospitality market companies?
Answer: Some of the key smart hospitality market companies are as follows:
- BuildingIQ
- Cisco Systems
- IBM
- Infor
- Johnson Controls
- NEC
- Oracle
- Schneider Electric
- Siemens
- Winhotel
Answer: Lucintel forecast that cloud is expected to witness highest growth over the forecast period due to its widespread use among hospitality providers owing to numerous features, such as flexibility, adaptability, and affordability.
Q7. In smart hospitality market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to robust growth in tourism sector, rising number of hotels, and presence of key players in the region..
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the smart hospitality market by offering (solution and services), deployment (cloud and on-premises), end use (hotel, cruise, luxury yatches, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to smart hospitality market or related to smart hospitality companies, smart hospitality market size, smart hospitality market share, smart hospitality market growth, smart hospitality market research, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL SMART HOSPITALITY MARKET: MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Smart Hospitality Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Smart Hospitality Market by Offering
3.3.1: Solution
3.3.2: Services
3.4: Global Smart Hospitality Market by Deployment
3.4.1: Cloud
3.4.2: On-Premises
3.5: Global Smart Hospitality Market by End Use
3.5.1: Hotel
3.5.2: Cruise
3.5.3: Luxury Yatches
3.5.4: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Smart Hospitality Market by Region
4.2: North American Smart Hospitality Market
4.2.1: North American Smart Hospitality Market by Deployment: Cloud and On-Premises
4.2.2: North American Smart Hospitality Market by End Use: Hotel, Cruise, Luxury Yatches, and Others
4.3: European Smart Hospitality Market
4.3.1: European Smart Hospitality Market by Deployment: Cloud and On-Premises
4.3.2: European Smart Hospitality Market by End Use: Hotel, Cruise, Luxury Yatches, and Others
4.4: APAC Smart Hospitality Market
4.4.1: APAC Smart Hospitality Market by Deployment: Cloud and On-Premises
4.4.2: APAC Smart Hospitality Market by End Use: Hotel, Cruise, Luxury Yatches, and Others
4.5: ROW Smart Hospitality Market
4.5.1: ROW Smart Hospitality Market by Deployment: Cloud and On-Premises
4.5.2: ROW Smart Hospitality Market by End Use: Hotel, Cruise, Luxury Yatches, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Smart Hospitality Market by Offering
6.1.2: Growth Opportunities for the Global Smart Hospitality Market by Deployment
6.1.3: Growth Opportunities for the Global Smart Hospitality Market by End Use
6.1.4: Growth Opportunities for the Global Smart Hospitality Market Region
6.2: Emerging Trends in the Global Smart Hospitality Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Smart Hospitality Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Smart Hospitality Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: BuildingIQ
7.2: Cisco Systems
7.3: IBM
7.4: Infor
7.5: Johnson Controls
7.6: NEC
7.7: Oracle
7.8: Schneider Electric
7.9: Siemens
7.10: Winhotel
2. GLOBAL SMART HOSPITALITY MARKET: MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Smart Hospitality Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Smart Hospitality Market by Offering
3.3.1: Solution
3.3.2: Services
3.4: Global Smart Hospitality Market by Deployment
3.4.1: Cloud
3.4.2: On-Premises
3.5: Global Smart Hospitality Market by End Use
3.5.1: Hotel
3.5.2: Cruise
3.5.3: Luxury Yatches
3.5.4: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Smart Hospitality Market by Region
4.2: North American Smart Hospitality Market
4.2.1: North American Smart Hospitality Market by Deployment: Cloud and On-Premises
4.2.2: North American Smart Hospitality Market by End Use: Hotel, Cruise, Luxury Yatches, and Others
4.3: European Smart Hospitality Market
4.3.1: European Smart Hospitality Market by Deployment: Cloud and On-Premises
4.3.2: European Smart Hospitality Market by End Use: Hotel, Cruise, Luxury Yatches, and Others
4.4: APAC Smart Hospitality Market
4.4.1: APAC Smart Hospitality Market by Deployment: Cloud and On-Premises
4.4.2: APAC Smart Hospitality Market by End Use: Hotel, Cruise, Luxury Yatches, and Others
4.5: ROW Smart Hospitality Market
4.5.1: ROW Smart Hospitality Market by Deployment: Cloud and On-Premises
4.5.2: ROW Smart Hospitality Market by End Use: Hotel, Cruise, Luxury Yatches, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Smart Hospitality Market by Offering
6.1.2: Growth Opportunities for the Global Smart Hospitality Market by Deployment
6.1.3: Growth Opportunities for the Global Smart Hospitality Market by End Use
6.1.4: Growth Opportunities for the Global Smart Hospitality Market Region
6.2: Emerging Trends in the Global Smart Hospitality Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Smart Hospitality Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Smart Hospitality Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: BuildingIQ
7.2: Cisco Systems
7.3: IBM
7.4: Infor
7.5: Johnson Controls
7.6: NEC
7.7: Oracle
7.8: Schneider Electric
7.9: Siemens
7.10: Winhotel
