Smart Hospitality Market – Industry Analysis and Forecast (2019-2026) – by Software, Services, Hotel Type, Deployment Model, and Region

Smart Hospitality Market – Industry Analysis and Forecast (2019-2026) – by Software, Services, Hotel Type, Deployment Model, and Region

Market Scenario

Smart Hospitality Market is expected to reach US$ XX Bn by 2026 at a CAGR of 25.5% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. Smart hospitality enables to increase revenue with digital In-room entertainment systems and enhance their guest experience. Astute Hospitality provides HD free-to-guest channels, IPTV services, Interactive TV, and Wi-Fi for hotels. The growing demand for authentic-time optimized guest experience management, incrementing adoption of Internet of Things (IoT), low operational costs and luring revenue generation, and energy management systems are some driving factors expected to propel the perspicacious hospitality market. High initial cost of deployment and integration involution over legacy systems are some restraining factors would obstruct the magnification of the perspicacious hospitality market. Based on hotel type, Business hotels are expected to have large market size during the forecast period, as business hotels provide their guests with unified communication capabilities that enable the guests to conduct conferences, meetings and connect to associates around the world. Thus many tour groups and small conference groups find these hotels attractive. While utilizing the deployment model, keenly intellective hospitality market is relegated into an on-demand deployment model and on-premises deployment model. Among these, the on-demand deployment model is expected to reach at the highest CAGR during the forecast period, as it enables hotels to deploy accommodations and software in a virtual environment. Among software’s, the Guest accommodation management system is liable to reach at the highest CAGR during the forecast period. The growing demand for automated authentic-time optimized guest accommodations and the elevate of hyper-urbanization and demographic magnification are estimated to drive the adoption of perspicacious hospitality solutions across the globe. As per the geographic analysis, smart hospitality market is divided into North America, Asia Pacific, Europe, and Latin America and the Middle East and Africa. Among these, Europe is likely to hold the largest smart hospitality market share during the forecast period, as Europe is likely to benefit from robust internet infrastructure, technological advancements, and widespread adoption of new technologies. The objective of the report is to present comprehensive analysis of Smart Hospitality Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Smart Hospitality Market dynamics, structure by analyzing the market segments, and project the Smart Hospitality Market size. Clear representation of competitive analysis of key players by Smart Hospitality Market Type, price, financial position, product portfolio, growth strategies, and regional presence in the Smart Hospitality Market make the report investor’s guide.

The Scope of the Smart Hospitality Market report

Smart Hospitality Market, by Software

• Hotel operation management system • Staff mobility and workforce management • Inventory and logistics management • Revenue management • Integrated security system • Video surveillance system • Access control system • Emergency incident management system • Hotel building automation system • Energy management platforms • Facility management system • Guest service management system • Centralized reservation system • Room automation and control system • Guest experience management system • Integrated communication technology solutions • Network management system • Unified communications and collaboration • Mobile device management

Smart Hospitality Market, by Service

• Professional service • Consulting service • System integration and deployment • Support and maintenance • Managed service

Smart Hospitality Market, by Hotel Type

• Business hotel • Heritage and boutique hotel • Resorts and spas • Others

Smart Hospitality Market, by Deployment Model

• On-premises • On-demand

Smart Hospitality Market, by Region

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

Key Players of Smart Hospitality Market

Schneider Electric Siemens AG IBM Corporation BuildingIQ Honeywell International Winhotel Solutions Cisco Systems, Inc. Oracle Corporation Huawei Technologies Johnson Controls NEC Corporation Infor, Inc.

Table of Contents

Smart Hospitality Market

1. INTRODUCTION 1.1 Report Description 1.1.1 Objectives of the Study 1.1.2 Market Scope 1.1.3 Years considered in the study 1.1.4 Currency 1.1.5 Stakeholders 1.2 Target Audience 1.3 Key Takeaways 2. RESEARCH METHODOLOGY 2.1 Research Methodology 2.2 Market Definition 2.3 Assumptions and Acronyms Used 2.4 Data Sources 2.4.1 Secondary 2.4.1.1 Paid 2.4.1.2 Unpaid 2.4.2 Primary 2.5 Analyst tools and models 3. EXECUTIVE SUMMARY 3.1 Smart Hospitality Market Overview 3.1.1 Smart Hospitality Market: By Software 3.1.2 Smart Hospitality Market: By Deployment Model 3.1.3 Smart Hospitality Market: By Services 3.1.4 Smart Hospitality Market: By Hotel Type 3.1.5 Smart Hospitality Market: By Region 4. SMART HOSPITALITY MARKET OUTLOOK 4.1 Smart Hospitality Market: Market Definition, Segmentation, and Scope of Study 4.2 Smart Hospitality Market: Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.3 Smart Hospitality Market: Competitive Analysis 4.3.1 Key Strategic Initiatives 4.3.2 Regional Presence 4.3.3 Product Overview 4.4 Smart Hospitality Market: Porter’s Analysis 4.5 Smart Hospitality Market: PESTEL Analysis 4.6 Smart Hospitality Market: Product Benchmark Analysis 4.7 Smart Hospitality Market: Company Market Share Analysis 4.8 Smart Hospitality Market: Key Findings 4.8.1 Smart Hospitality Market: Top Winning Strategies 4.8.2 Smart Hospitality Market: Top Investment Pockets 4.8.3 Smart Hospitality Market: Top Impacting Factors 5. SMART HOSPITALITY MARKET, BY SOFTWARE 5.1 Smart Hospitality Market: Software segment Market Share analysis 5.2 Smart Hospitality Market: Software segment Market Size and Forecast 2019-2026 5.3 Smart Hospitality Market by Hotel Operation Management System 5.4 Smart Hospitality Market by Staff Mobility and Workforce Management 5.5 Smart Hospitality Market by Inventory and Logistics Management 5.6 Smart Hospitality Market by Revenue Management 5.7 Smart Hospitality Market by Integrated Security System 5.8 Smart Hospitality Market by Video Surveillance System 5.9 Smart Hospitality Market by Access Control System 5.10 Smart Hospitality Market by Emergency Incident Management System 5.11 Smart Hospitality Market by Hotel Building Automation System 5.12 Smart Hospitality Market by Energy Management Platforms 5.13 Smart Hospitality Market by Facility Management System 5.14 Smart Hospitality Market by Guest Service Management System 5.15 Smart Hospitality Market by Centralized Reservation System 5.16 Smart Hospitality Market by Integrated Communication Technology Solution 5.17 Smart Hospitality Market by Network Management System 5.18 Smart Hospitality Market by Unified Communications and Collaboration 5.19 Smart Hospitality Market by Mobile Device Management 5.20 Smart Hospitality Market by Room Automation and Control System 5.21 Smart Hospitality Market by Guest Experience Management System 5.22 Smart Hospitality Market Benchmarking By Software 5.23 Smart Hospitality Market by Software: Key Trends 5.24 Smart Hospitality Market by Software: Key Developments 6. SMART HOSPITALITY MARKET, BY DEPLOYMENT MODEL 6.1 Smart Hospitality Market: Deployment segment Market Share analysis 6.2 Smart Hospitality Market: Deployment segment Market Size and Forecast 2019-2026 6.3 Smart Hospitality Market by On-premises Deployment Model 6.4 Smart Hospitality Market by On-demand Deployment Model 6.5 Smart Hospitality Market Benchmarking By Deployment Model 6.6 Smart Hospitality Market by Deployment Model: Key Trends 6.7 Smart Hospitality Market by Deployment Model: Key Developments 7. SMART HOSPITALITY MARKET, BY SERVICES 7.1 Smart Hospitality Market: Services segment Market Share Analysis 7.2 Smart Hospitality Market: Services segment Market Size and Forecast 2019-2026 7.3 Smart Hospitality Market by Professional Services 7.4 Smart Hospitality Market by Consulting Services 7.5 Smart Hospitality Market by System Integration and Deployment 7.6 Smart Hospitality Market by Support and Maintenance 7.7 Smart Hospitality Market by Managed Service 7.8 Smart Hospitality Market Benchmarking By Service 7.9 Smart Hospitality Market by Service: Key Trends 7.10 Smart Hospitality Market by Service: Key Developments 8. SMART HOSPITALITY MARKET, BY HOTEL TYPE 8.1 Smart Hospitality Market: Hotel Type segment Market Share analysis 8.2 Smart Hospitality Market: Hotel Type segment Market Size and Forecast 2019-2026 8.3 Smart Hospitality Market by Business Hotel 8.4 Smart Hospitality Market by Heritage and Boutique Hotel 8.5 Smart Hospitality Market by Resorts and spas 8.6 Smart Hospitality Market Benchmarking By Hotel Type 8.7 Smart Hospitality Market by Hotel Type size: Key Trends 8.8 Smart Hospitality Market by Hotel Type size: Key Developments 9. SMART HOSPITALITY MARKET, BY GEOGRAPHY 9.1 Smart Hospitality Market: Geography segment Market Share Analysis 9.2 Smart Hospitality Market: Geography segment Market Size and Forecast 2019-2026 9.3 North America 9.3.1 Overview 9.3.2 Smart Hospitality Market Size and Forecast, by Software 2019-2026 9.3.3 Smart Hospitality Market Share Analysis, by Software 2019-2026 9.3.4 Smart Hospitality Market Size and Forecast, by Deployment Model 2019-2026 9.3.5 Smart Hospitality Market Share Analysis, by Deployment Model 2019-2026 9.3.6 Smart Hospitality Market Size and Forecast, by Services 2019-2026 9.3.7 Smart Hospitality Market Share Analysis, by Services 2019-2026 9.3.8 Smart Hospitality Market Size and Forecast, by Hotel Type 2019-2026 9.3.9 Smart Hospitality Market Share Analysis, by Hotel Type 2019-2026 9.4 Europe 9.4.1 Overview 9.4.2 Smart Hospitality Market Size and Forecast, by Software 2019-2026 9.4.3 Smart Hospitality Market Share Analysis, by Software 2019-2026 9.4.4 Smart Hospitality Market Size and Forecast, by Deployment Model 2019-2026 9.4.5 Smart Hospitality Market Share Analysis, by Deployment Model 2019-2026 9.4.6 Smart Hospitality Market Size and Forecast, by Services 2019-2026 9.4.7 Smart Hospitality Market Share Analysis, by Services 2019-2026 9.4.8 Smart Hospitality Market Size and Forecast, by Hotel Type 2019-2026 9.4.9 Smart Hospitality Market Share Analysis, by Hotel Type 2019-2026 9.5 Asia Pacific 9.5.1 Overview 9.5.2 Smart Hospitality Market Size and Forecast, by Software 2019-2026 9.5.3 Smart Hospitality Market Share Analysis, by Software 2019-2026 9.5.4 Smart Hospitality Market Size and Forecast, by Deployment Model 2019-2026 9.5.5 Smart Hospitality Market Share Analysis, by Deployment Model 2019-2026 9.5.6 Smart Hospitality Market Size and Forecast, by Services 2019-2026 9.5.7 Smart Hospitality Market Share Analysis, by Services 2019-2026 9.5.8 Smart Hospitality Market Size and Forecast, by Hotel Type 2019-2026 9.5.9 Smart Hospitality Market Share Analysis, by Hotel Type 2019-2026 9.6 Latin America and Middle East and Africa 9.6.1 Overview 9.6.2 Smart Hospitality Market Size and Forecast, by Software 2019-2026 9.6.3 Smart Hospitality Market Share Analysis, by Software 2019-2026 9.6.4 Smart Hospitality Market Size and Forecast, by Deployment Model 2019-2026 9.6.5 Smart Hospitality Market Share Analysis, by Deployment Model 2019-2026 9.6.6 Smart Hospitality Market Size and Forecast, by Services 2019-2026 9.6.7 Smart Hospitality Market Share Analysis, by Services 2019-2026 9.6.8 Smart Hospitality Market Size and Forecast, by Hotel Type 2019-2026 9.6.9 Smart Hospitality Market Share Analysis, by Hotel Type 2019-2026 9.7 Smart Hospitality Market Benchmarking By Geography 9.8 Smart Hospitality Market by Geography: Key Trends 9.9 Smart Hospitality Market by Geography: Key Developments 10. COMPETITIVE LANDSCAPE 10.1 Smart Hospitality Market Share/ Positioning Analysis 10.2 Smart Hospitality Market: Key Innovators 10.3 Smart Hospitality Market: Company Profiles 10.3.1 Schneider Electric 10.3.1.1 Overview 10.3.1.2 Product/Service Portfolio 10.3.1.3 Key Financials 10.3.1.4 Strategic Initiatives 10.3.1.5 SWOT Analysis 10.3.1.6 Competitive Assessment 10.3.2 Siemens AG 10.3.2.1 Overview 10.3.2.2 Product/Service Portfolio 10.3.2.3 Key Financials 10.3.2.4 Strategic Initiatives 10.3.2.5 SWOT Analysis 10.3.2.6 Competitive Assessment 10.3.3 IBM Corporation 10.3.3.1 Overview 10.3.3.2 Product/Service Portfolio 10.3.3.3 Key Financials 10.3.3.4 Strategic Initiatives 10.3.3.5 SWOT Analysis 10.3.3.6 Competitive Assessment 10.3.4 BuildingIQ 10.3.4.1 Overview 10.3.4.2 Product/Service Portfolio 10.3.4.3 Key Financials 10.3.4.4 Strategic Initiatives 10.3.4.5 SWOT Analysis 10.3.4.6 Competitive Assessment 10.3.5 Honeywell International 10.3.5.1 Overview 10.3.5.2 Product/Service Portfolio 10.3.5.3 Key Financials 10.3.5.4 Strategic Initiatives 10.3.5.5 SWOT Analysis 10.3.5.6 Competitive Assessment 10.3.6 Winhotel Solutions 10.3.6.1 Overview 10.3.6.2 Product/Service Portfolio 10.3.6.3 Key Financials 10.3.6.4 Strategic Initiatives 10.3.6.5 SWOT Analysis 10.3.6.6 Competitive Assessment 10.3.7 Cisco Systems, Inc. 10.3.7.1 Overview 10.3.7.2 Product/Service Portfolio 10.3.7.3 Key Financials 10.3.7.4 Strategic Initiatives 10.3.7.5 SWOT Analysis 10.3.7.6 Competitive Assessment 10.3.8 Oracle Corporation 10.3.8.1 Overview 10.3.8.2 Product/Service Portfolio 10.3.8.3 Key Financials 10.3.8.4 Strategic Initiatives 10.3.8.5 SWOT Analysis 10.3.8.6 Competitive Assessment 10.3.9 Huawei Technologies 10.3.9.1 Overview 10.3.9.2 Product/Service Portfolio 10.3.9.3 Key Financials 10.3.9.4 Strategic Initiatives 10.3.9.5 SWOT Analysis 10.3.9.6 Competitive Assessment 10.3.10 Johnson Controls 10.3.10.1 Overview 10.3.10.2 Product/Service Portfolio 10.3.10.3 Key Financials 10.3.10.4 Strategic Initiatives 10.3.10.5 SWOT Analysis 10.3.10.6 Competitive Assessment 10.3.11 NEC Corporation 10.3.11.1 Overview 10.3.11.2 Product/Service Portfolio 10.3.11.3 Key Financials 10.3.11.4 Strategic Initiatives 10.3.11.5 SWOT Analysis 10.3.11.6 Competitive Assessment 10.3.12 Infor, Inc. 10.3.12.1 Overview 10.3.12.2 Product/Service Portfolio 10.3.12.3 Key Financials 10.3.12.4 Strategic Initiatives 10.3.12.5 SWOT Analysis 10.3.12.6 Competitive Assessment 11. CONSOLIDATION 11.1 Smart Hospitality Market: Mergers and Acquisitions 11.1.1 Overview 11.1.2 Smart Hospitality Market : Key Drivers – By Region 11.1.3 Smart Hospitality Market : M&A Breakdown 11.1.3.1 Type Based 11.1.3.2 Industry Vertical Based 11.1.3.3 Niche Based 11.1.3.4 Region Based 11.1.3.5 Asset & Non-Asset Based 11.1.3.6 Venture Capitalist Based 11.2 Fragmentation of Smart Hospitality Market 11.3 Smart Hospitality Market : Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 11.4 Smart Hospitality Market - New/Emerging Models of Partnerships : Key Examples 11.5 Smart Hospitality Market : New/Emerging Business Models : Key Examples 11.6 Smart Hospitality Market - Changing Investment Paradigm : Focused areas by Key Players 11.7 Smart Hospitality Market - Patent Analysis 12. Smart Hospitality Market : LIST OF TABLES 13. Smart Hospitality Market : LIST OF FIGURES

About This Report

Report ID13824
Category Information Technology & Telecommunication
Published DateOctober 2019
No of Pages213
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