Smart Hospitality Industry Solutions provide hoteliers with an IT platform for delivering authentic, optimized services that allow each guest to enjoy a relaxed and pleasant hotel stay, basking in the warmth of hospitality.
From operations critical to the running of the hotel to the provision of new guest services, NEC Smart Hospitality Solutions cover all the bases to improve digital customer engagement and to reduce IT operation loads and allow hotel staff to concentrate on providing guests with better service.
This report also contains an explanation to market definition, classifications, applications, engagements, and market trends are, and also gives a knowledge at all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands that are dominating the market whose company profiles are included in the report.
Global Smart Hospitality Market By Geography, Software (Hotel Operation Management System, Integrated Security System, Hotel Building Automation System, Guest Service Management System, Integrated Communication Technology Solutions), Service (Professional Services, Managed Services), Hotel Type, Deployment Model – Industry Trends and Forecast to 2024
The Global Smart Hospitality Market accounted for USD 5.6 billion growing at a CAGR of 25.9% during the forecast by 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast by 2024.
Global Smart Hospitality Market: Companies Active in the Market
IBM Corporation, Oracle, Cisco Systems, Inc., Huawei Technologies Co., Ltd., NEC India Pvt. Ltd., BuildingIQ., Infor, Winhotel Solution, Honeywell International Inc., Johnson Controls., Siemens AG, Schneider Electric among others.
Detailed TOC: Global Smart Hospitality Market
1 Industry Overview of Smart Hospitality Market
2 Production Market Analysis of Smart Hospitality Market
3 Sales Market Analysis of Smart Hospitality Market
4 Consumption Market Analysis of Smart Hospitality Market
6 Major Manufacturers Production and Sales Market Comparison Analysis
7 Major Type Analysis
8 Major Application Analysis
9 Industry Chain Analysis
10 Global and Regional Market Forecast of Smart Hospitality Market
11 New Project Investment Feasibility Analysis
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Company Share Analysis: Global Smart Hospitality Market
The report for Smart Hospitality Market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Major Market Drivers & Restraints: Global Smart Hospitality Market
- Increasing Demand for Real-Time Optimized Guest Experience Management
- Attractive Revenue Growth and Low Operational Costs
- Increasing Adoption of Iot and Energy Management Systems
- High Initial Cost of Deployment
- Limited Availability of Technically-Skilled Personnel
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Market Segmentation: Global Smart Hospitality Market
The global smart hospitality market is segmented on the basis of software into hotel operation management system, integrated security system, hotel building automation system, guest service management system, integrated communication technology solutions. The hotel operation management system is further sub segmented into staff mobility and workforce management, inventory and logistics management and revenue management. The integrated security system is further sub segmented into video surveillance system, access control system and emergency incident management system. The hotel building automation system is further sub segmented into energy management platforms and facility management system. The guest service management system is further sub segmented into centralized reservation system, room automation and control system and guest experience management system. The integrated communication technology solutions is further sub segmented into network management system, unified communications and collaboration and mobile device management system.
On the basis of service, the global smart hospitality market is segmented into professional services and managed services. The professional services are further sub segmented into consulting services, deployment and integration and support & maintenance.
On the basis of hotel type, the global smart hospitality market is segmented into business hotels, heritage & boutique hotels, resorts & spas and others.
On the basis of deployment model, the global smart hospitality market is segmented into on-premises and on-demand.
On the basis of geography, global smart hospitality market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
Insights in the report
- Strategic recommendations in key business sections in light of the market estimations.
- Market share and size of all the foremost industry players.
- The key findings and recommendations highlight crucial progressive industry trends in the Global Smart Hospitality Market, thereby allowing players to develop effective long term strategies
- Drivers and restrains of the market
- Historical and current market size and projection up to 2025.