Smart Hospitality Market

Smart Hospitality Market Analysis by Software and Services for Business Hotels, Heritage & Boutique Hotels, and Resorts & Spas from 2023 to 2033

Analysis of Smart Hospitality Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Smart Hospitality Market Outlook (2023 to 2033)

Surging ahead at a CAGR of 22%, the global smart hospitality market is expected to increase from a valuation of US$ 37.41 billion in 2023 to US$ 273.27 billion by the end of 2033.

Smart hospitality uses digital technologies such as smart devices and apps to improve client experiences by providing the hotel industry with intelligent solutions and automated software. These technologies provide excellent hospitality and give guests the freedom to choose their rooms, type of stay, and more using smart devices such as mobile phones.

Smart hospitality technologies are segmented into software and services. Smart hospitality services are further classified into professional services and managed services.

  • Global sales of smart hospitality services are expected to increase at a CAGR of 24.5% from 2023 to 2033.

Guest experience management plays a crucial role in hospitality services. To create a strong brand name and enhance the guest experience, several hotels are highly adopting advanced smart hospitality services.

  • Worldwide smart hospitality software demand is predicted to progress at a 21% CAGR during the next 10 years.

Smart hospitality software technologies are further segmented into hotel operation management systems, hotel automation management systems, guest service management systems, security management systems, and integrated communication technology solutions.

Demand for integrated security systems is anticipated to grow rapidly over the projected period. The integrated security systems are further divided into access control systems, video surveillance systems, and emergency incident management systems. Integrated security technologies aid in improving the hotels' entire security system.

These security solutions are being chosen by hotel owners to provide a great caliber of services to their patrons because they are essential to increasing guests' stays by strengthening the general security of the hospitality industry. Furthermore, this has a favorable impact on consumer satisfaction levels.

Report Attributes Details
Smart Hospitality Market Size (2023E) US$ 37.41 Billion
Forecasted Market Value (2033F) US$ 273.27 Billion
Global Market Growth Rate (2023 to 2033) 22% CAGR
China Market Growth Rate (2023 to 2033) 22% CAGR
Japan Market Growth Rate (2023 to 2033) 20% CAGR
Germany Market Growth Rate (2023 to 2033) 16% CAGR
Canada Market Growth Rate (2023 to 2033) 19% CAGR
Key Companies Profiled Blazon Hotels; BuildingIQ; Cisco; Cloudbeds; Control4Corporation; Frontdesk; Guestline; Honeywell International Inc.; Huawei Technologies Co. Ltd.; IBM Corporation; Infor; Johnson Controls; NEC Corporation; Oracle; Qualsoft Systems Pvt. Ltd.; Samsung; Schneider Electric; Siemens; Winhotel Solution SL; WiSuite

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Why is Demand for Smart Hospitality Technologies Rising at a Fast Pace?

“Growing Consumer Demand for Guest-focused, Hyper-connected Personalization & Real-time Optimised Experiences”

By providing a more individualized travel experience, hotels can build a lasting relationship with each guest that is value-driven and far more likely to result in positive reviews for the business. Curating a unique visitor experience boosts brand reputation and customer loyalty in addition to generating income.

Insights and behavior backed by data are made available by emerging smart hospitality technologies, allowing hoteliers to create a 360-degree perspective of each visitor and improve their experience with superior customer service. Hotel owners can acquire a platform with organized data from all sources, which not only customizes a personalized view of each visitor but also helps to counterbalance the operating load, with the aid of integrated, digital platforms such as customer relationship management (CRM) and property management system (PMS).

This improves brand positioning while reducing the hotels' operational costs and increasing their guest retention rate. The ease and self-service for guests are now improved by hotels offering a mobile-centric guest experience. By designing a mobile-centric booking process, providing mobile keyless entry, text-based messaging, mobile concierge, and other services, hoteliers can give their customers a more connected and practical stay.

“Emergence of 5G Technology to Drive Market Growth”

With advanced digital hospitality solutions and platforms, hoteliers are continuously searching for smart hospitality products and solutions to improve the guest experience. With cutting-edge in-room and cross-facility services, 5G technology can allow operators to transform their offerings.

By offering the essential framework for tying together wireless objects, programs, and people, 5G technology has the potential to spur a digital revolution in the hospitality industry. With the help of 5G technology, hoteliers should be able to communicate with their customers more effectively and learn more about their journeys. Using edge computing and other supplemental technologies, such as 5G, guests will be able to proactively receive suggestions and travel tips that are specifically tailored to their tastes.

5G-powered augmented reality can help hotels go above and beyond the norm, particularly in terms of visitor entertainment. Using sensors and video analytics, visitors should be able to employ augmented navigation to get around major hotel properties both before and after checking in. Real-time language translations supported by 5G technology have made it feasible for inclusivity across cultures.

Since 5G networks allow for better connectivity between security employees, the advantages of security are indisputable. Temperature monitoring and lighting management are just a couple of the additional ways that 5G technology is being used in hotel operations to encourage sustainable energy use.

Due to its effective asset tracking capabilities, 5G also supports finding equipment, baggage racks, and other items. Another significant use of 5G is the use of robots to carry out everyday jobs.

What May Impede the Sales of Smart Hospitality Solutions?

“High Training, Implementation, & Maintenance Costs”

The installation of smart hospitality solutions such as guest experience management systems, property management systems (PMS), etc. is expensive, whether they are installed locally or online.

Budget restrictions can make installing smart hospitality technologies difficult for any hotel, as the hospitality sector is still recuperating from a pandemic-related financial loss of enormous proportions.

Most hotels that already used smart hospitality technologies are experiencing high maintenance costs. However, the cost of deployment is usually correlated with the degree of integration complexity, as it relates to a particular application.

Except for a few extra expenditures such as add-on modules, training fees, and application programming interface (API) access, property management solutions have a straightforward pricing structure. In addition to the monthly pricing structure, there may also be one or more additional fees, such as a commission percentage on direct additional reservations, setup and maintenance costs, or an interface fee for third-party connections.

Pay-per-room is the most popular business model of hotel management software. A high number of rooms lead to a significant price per tier. Some providers of smart hospitality solutions could also impose a one-time setup cost. Pay-per-room models and tier-based models can overlap, however, most tier-based models provide a room range instead of a specific number that influences the cost.

Tier-based models with a subscription-based structure also have a room range. The pricing of the solution determines how many features are included in it. With more expensive options, users get more functionality. Large smart hospitality systems are therefore expensive for smaller hospitality firms.

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Which Challenges are Present before Suppliers of Smart Hospitality Technologies?

“Data & Information Sharing Threats”

Global hotels are concerned about the threats of digital data theft and personal data leaks. Smart hospitality solutions include the personal preferences and information of visitors.

Any data leak might cast doubt on the hotel brand's reputation and have legal repercussions. Additionally, there have been several obstacles to information exchange between organizations, including technical challenges, intra- and inter-organizational conflicts, etc.

The adoption of smart hospitality big data for the industry might be hindered by inter-organizational issues such as a lack of trust in the new system and disclosure of corporate data to competitors. Publicly available data in the cloud should be combined, processed, and preserved anonymously so that no organization identification or consumer details can be viewed or recognized by rivals, eliminating any questions and worries from individual executives.

Country-wise Analysis

Why are Smart Hospitality Solution Providers Targeting the United States?

“Rapidly Rising Demand for Tech-innovative Yachts”

  • The United States is the dominating market for smart hospitality solutions in the North American region.

Individuals in the United States prefer in travelling in a group to charter destinations, such as cruises or yachts. This is done to take benefit of group discounts offered by different yacht charter companies as well as to reduce individual costs by sharing costs.

People in the United States are more attracted to comfortable yachts than yachts with excellent power systems. Furthermore, because the majority of people in the nation are tech-savvy, yacht charter companies prioritize providing customers with yachts that are fitted with the most recent technologies, which attracts more clients.

What is Driving the Sales of Smart Hospitality Technologies in Germany?

“Presence of Top Tourist Destinations & Luxury Hotels”

  • Sales of smart hospitality solutions in Germany are expected to increase at a CAGR of 16% during the next 10 years.

Growth of the smart hospitality market in Germany is mainly influenced by the rising recreational activities, the presence of luxury hotels, and the increasing travel tourism sector. Both leisure and commercial travelling is rising in Germany.

  • With more than 20,000 hotels that operate independently and service all market sectors, Germany is home to a sizable independent hotel industry.

While domestic brands are present in tier-II cities with good market penetration, foreign brands are widely represented in the top tourist destinations and have a large number of rooms. Thus, the above-mentioned aspects generate several growth opportunities in the smart hospitality market in Germany.

How is Demand for Smart Hospitality Solutions Progressing in Japan?

“Rising International Tourist Visits”

  • Currently, several international travellers are visiting Japan. 206,500 foreign tourists are thought to have arrived in Japan in September 2022, according to the Japan National Tourism Organization.
  • Since the start of the COVID-19 pandemic, the number has never gone over 200,000. South Korea had the most tourists with 32,700, followed by Vietnam with 30,900, the United States with 18,000, and China with 17,600.

Since March 2022, the government has gradually loosened border control regulations, which has led to a considerable rise in foreign tourists compared to 2021, when Japan's boundaries were nearly shut.

  • Comparing September to the same month last year, there has been a more than 11-fold rise in tourism.
  • Demand for smart hospitality solutions in Japan is expected to evolve at a CAGR of 20% from 2023 to 2033.

Rising foreign tourist visits are supporting product sales growth.

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Competitive landscape highlights only certain players
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Category-wise Analysis

Which Type of Deployment is Highly Preferred?

“On-premise Services Currently Dominate Sales of Smart Hospitality Systems”

On-premise services, which offer sophisticated environmental and entertainment controls, currently dominates the smart hospitality market, and it is anticipated that this trend will continue over the forecast period.

Furthermore, by providing quick wireless access for visitors to centralized smart systems through the use of the Internet of Things (IoT), cloud system sales are anticipated to experience a healthy growth rate over the forecast period. Also, they are increasingly replacing older and out-of-date systems at every level.

Competitive Landscape

  • Some of the key players in the smart hospitality market are Honeywell International Inc., Huawei Technologies Co. Ltd., IBM Corporation, Infor, Johnson Controls, NEC Corporation, and Oracle.

According to Fact.MR, a market research and competitive intelligence provider, several companies in the smart hospitality market are developing advanced hospitality solutions to avoid any data & information threats. They are also concentrating on enhancing supply chain management systems, collaborating with other regional players to enhance local supply marketing tactics, and more.

  • Orient Jakarta and Oracle collaborated in May 2022 to develop the property management system. Due to travel restrictions, the solution helped them increase their online visibility in the COVID-19 scenario and trained workers online using Oracle Digital Learning technologies.

Key Segments of Smart Hospitality Industry Research

  • By Type :

    • Software
    • Services
  • By Hotel Type :

    • Business Hotels
    • Heritage & Boutique Hotels
    • Resorts & Spas
  • By Deployment Mode :

    • On-premise
    • Cloud
  • By Application :

    • Hotels
    • Cruises
    • Luxury Yachts
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 4. Market Background
  • 5. Global Market Pricing Analysis
  • 6. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033)
  • 7. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Type
    • 7.1. Software
    • 7.2. Services
  • 8. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Hotel Type
    • 8.1. Business Hotels
    • 8.2. Heritage & Boutique Hotels
    • 8.3. Resorts & Spas
  • 9. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Deployment Mode
    • 9.1. On-premise
    • 9.2. Cloud
  • 10. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Application
    • 10.1. Hotels
    • 10.2. Cruises
    • 10.3. Luxury Yachts
  • 11. Global Market Analysis (2018 to 2022) and Forecast (2023 to 2033), by Region
    • 11.1. North America
    • 11.2. Europe
    • 11.3. East Asia
    • 11.4. South Asia
    • 11.5. Latin America
    • 11.6. Middle East & Africa (MEA)
    • 11.7. Oceania
  • 12. North America Market Analysis and Forecast
  • 13. Europe Market Analysis and Forecast
  • 14. East Asia Market Analysis and Forecast
  • 15. South Asia Market Analysis and Forecast
  • 16. Latin America Market Analysis and Forecast
  • 17. Middle East & Africa Market Analysis and Forecast
  • 18. Oceania Market Analysis and Forecast
  • 19. Global Market Analysis Key Countries
  • 20. Competition Landscape
  • 21. Competition Analysis
    • 21.1. Blazon Hotels
    • 21.2. BuildingIQ
    • 21.3. Cisco
    • 21.4. Cloudbeds
    • 21.5. Control4 Corporation
    • 21.6. Frontdesk
    • 21.7. Guestline
    • 21.8. Honeywell International Inc.
    • 21.9. Huawei Technologies Co. Ltd.
    • 21.10. IBM Corporation
    • 21.11. Infor
    • 21.12. Johnson Controls
    • 21.13. NEC Corporation
    • 21.14. Oracle
    • 21.15. Qualsoft Systems Pvt. Ltd.
    • 21.16. Samsung
    • 21.17. Schneider Electric
    • 21.18. Siemens
    • 21.19. Winhotel Solution SL
    • 21.20. WiSuite
  • 22. Appendix
  • 23. Definitions of Analytical Frameworks
  • 24. Sources and References

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List Of Table

Table 01: Global Market Volume (Units), by Type, 2018 to 2033

Table 02: Global Market Value (US$ Mn), by Type, 2018 to 2033

Table 03: Global Market Volume (Units), by Hotel Type, 2018 to 2033

Table 04: Global Market Value (US$ Mn), by Hotel Type, 2018 to 2033

Table 05: Global Market Volume (Units), by Deployment Mode, 2018 to 2033

Table 06: Global Market Value (US$ Mn), by Deployment Mode, 2018 to 2033

Table 07: Global Market Volume (Units), by Application, 2018 to 2033

Table 08: Global Market Value (US$ Mn), by Application, 2018 to 2033

Table 09: Global Market Volume (Units), by Region, 2018 to 2033

Table 10: Global Market Value (US$ Mn), by Region, 2018 to 2033

Table 11: North America Market Volume (Units), by Type, 2018 to 2033

Table 12: North America Market Value (US$ Mn), by Type, 2018 to 2033

Table 13: North America Market Volume (Units), by Hotel Type, 2018 to 2033

Table 14: North America Market Value (US$ Mn), by Hotel Type, 2018 to 2033

Table 15: North America Market Volume (Units), by Deployment Mode, 2018 to 2033

Table 16: North America Market Value (US$ Mn), by Deployment Mode, 2018 to 2033

Table 17: North America Market Volume (Units), by Application, 2018 to 2033

Table 18: North America Market Value (US$ Mn), by Application, 2018 to 2033

Table 19: North America Market Volume (Units), by Country, 2018 to 2033

Table 20: North America Market Value (US$ Mn), by Country, 2018 to 2033

Table 21: Europe Market Volume (Units), by Type, 2018 to 2033

Table 22: Europe Market Value (US$ Mn), by Type, 2018 to 2033

Table 23: Europe Market Volume (Units), by Hotel Type, 2018 to 2033

Table 24: Europe Market Value (US$ Mn), by Hotel Type, 2018 to 2033

Table 25: Europe Market Volume (Units), by Deployment Mode, 2018 to 2033

Table 26: Europe Market Value (US$ Mn), by Deployment Mode, 2018 to 2033

Table 27: Europe Market Volume (Units), by Application, 2018 to 2033

Table 28: Europe Market Value (US$ Mn), by Application, 2018 to 2033

Table 29: Europe Market Volume (Units), by Country, 2018 to 2033

Table 30: Europe Market Value (US$ Mn), by Country, 2018 to 2033

Table 31: East Asia Market Volume (Units), by Type, 2018 to 2033

Table 32: East Asia Market Value (US$ Mn), by Type, 2018 to 2033

Table 33: East Asia Market Volume (Units), by Hotel Type, 2018 to 2033

Table 34: East Asia Market Value (US$ Mn), by Hotel Type, 2018 to 2033

Table 35: East Asia Market Volume (Units), by Deployment Mode, 2018 to 2033

Table 36: East Asia Market Value (US$ Mn), by Deployment Mode, 2018 to 2033

Table 37: East Asia Market Volume (Units), by Application, 2018 to 2033

Table 38: East Asia Market Value (US$ Mn), by Application, 2018 to 2033

Table 39: East Asia Market Volume (Units), by Country, 2018 to 2033

Table 40: East Asia Market Value (US$ Mn), by Country, 2018 to 2033

Table 41: South Asia Market Volume (Units), by Type, 2018 to 2033

Table 42: South Asia Market Value (US$ Mn), by Type, 2018 to 2033

Table 43: South Asia Market Volume (Units), by Hotel Type, 2018 to 2033

Table 44: South Asia Market Value (US$ Mn), by Hotel Type, 2018 to 2033

Table 45: South Asia Market Volume (Units), by Deployment Mode, 2018 to 2033

Table 46: South Asia Market Value (US$ Mn), by Deployment Mode, 2018 to 2033

Table 47: South Asia Market Volume (Units), by Application, 2018 to 2033

Table 48: South Asia Market Value (US$ Mn), by Application, 2018 to 2033

Table 49: South Asia Market Volume (Units), by Country, 2018 to 2033

Table 50: South Asia Market Value (US$ Mn), by Country, 2018 to 2033

Table 51: Latin America Market Volume (Units), by Type, 2018 to 2033

Table 52: Latin America Market Value (US$ Mn), by Type, 2018 to 2033

Table 53: Latin America Market Volume (Units), by Hotel Type, 2018 to 2033

Table 54: Latin America Market Value (US$ Mn), by Hotel Type, 2018 to 2033

Table 55: Latin America Market Volume (Units), by Deployment Mode, 2018 to 2033

Table 56: Latin America Market Value (US$ Mn), by Deployment Mode, 2018 to 2033

Table 57: Latin America Market Volume (Units), by Application, 2018 to 2033

Table 58: Latin America Market Value (US$ Mn), by Application, 2018 to 2033

Table 59: Latin America Market Volume (Units), by Country, 2018 to 2033

Table 60: Latin America Market Value (US$ Mn), by Country, 2018 to 2033

Table 61: Middle East and Africa Market Volume (Units), by Type, 2018 to 2033

Table 62: Middle East and Africa Market Value (US$ Mn), by Type, 2018 to 2033

Table 63: Middle East and Africa Market Volume (Units), by Hotel Type, 2018 to 2033

Table 64: Middle East and Africa Market Value (US$ Mn), by Hotel Type, 2018 to 2033

Table 65: Middle East and Africa Market Volume (Units), by Deployment Mode, 2018 to 2033

Table 66: Middle East and Africa Market Value (US$ Mn), by Deployment Mode, 2018 to 2033

Table 67: Middle East and Africa Market Volume (Units), by Application, 2018 to 2033

Table 68: Middle East and Africa Market Value (US$ Mn), by Application, 2018 to 2033

Table 69: Middle East and Africa Market Volume (Units), by Country, 2018 to 2033

Table 70: Middle East and Africa Market Value (US$ Mn), by Country, 2018 to 2033

Table 71: Oceania Market Volume (Units), by Type, 2018 to 2033

Table 72: Oceania Market Value (US$ Mn), by Type, 2018 to 2033

Table 73: Oceania Market Volume (Units), by Hotel Type, 2018 to 2033

Table 74: Oceania Market Value (US$ Mn), by Hotel Type, 2018 to 2033

Table 75: Oceania Market Volume (Units), by Deployment Mode, 2018 to 2033

Table 76: Oceania Market Value (US$ Mn), by Deployment Mode, 2018 to 2033

Table 77: Oceania Market Volume (Units), by Application, 2018 to 2033

Table 78: Oceania Market Value (US$ Mn), by Application, 2018 to 2033

Table 79: Oceania Market Volume (Units), by Country, 2018 to 2033

Table 80: Oceania Market Value (US$ Mn), by Country, 2018 to 2033

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List Of Figures

Fig 01: Global Market Volume (Units), Value (US$ Thousand) and Y-o-Y Growth, 2018 to 2033

Fig 02: Global Absolute $ Historical Market (2018 to 2022) and Absolute $ Opportunity (2023 to 2033), US$ Mn

Fig 03: Global Absolute Historical Volume Market (2018 to 2022) and Absolute Volume Opportunity (2023 to 2033), Units

Fig 04: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033

Fig 05: Global Market Incremental $ Opportunity (US$ Thousand), 2023 to 2033

Fig 06: Global Market Share, By Type – 2023 to 2033

Fig 07: Global Market Y-o-Y Growth Projections, By Type – 2023 to 2033

Fig 08: Global Market Attractiveness Index, By Type – 2023 to 2033

Fig 09: Global Market Share, By Hotel Type – 2023 to 2033

Fig 10: Global Market Y-o-Y Growth Projections, By Hotel Type – 2023 to 2033

Fig 11: Global Market Attractiveness Index, By Hotel Type – 2023 to 2033

Fig 12: Global Market Share, By Deployment Mode – 2023 to 2033

Fig 13: Global Market Y-o-Y Growth Projections, By Deployment Mode – 2023 to 2033

Fig 14: Global Market Attractiveness Index, By Deployment Mode – 2023 to 2033

Fig 15: Global Market Share, By Application – 2023 to 2033

Fig 16: Global Market Y-o-Y Growth Projections, By Application – 2023 to 2033

Fig 17: Global Market Attractiveness Index, By Application – 2023 to 2033

Fig 18: Global Market Share, by Region – 2023 to 2033

Fig 19: Global Market Y-o-Y Growth Projections, by Region – 2023 to 2033

Fig 20: Global Market Attractiveness Index, by Region – 2023 to 2033

Fig 21: North America Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2018 to 2033

Fig 22: Y-o-Y Growth Comparison of Market: North America Vs North America Countries Vs North America Average

Fig 23: North America Market Share, By Type – 2023 to 2033

Fig 24: North America Market Y-o-Y Growth Projections, By Type – 2023 to 2033

Fig 25: North America Market Attractiveness Index, By Type – 2023 to 2033

Fig 26: North America Market Share, By Hotel Type – 2023 to 2033

Fig 27: North America Market Y-o-Y Growth Projections, By Hotel Type – 2023 to 2033

Fig 28: North America Market Attractiveness Index, By Hotel Type – 2023 to 2033

Fig 29: North America Market Share, By Deployment Mode – 2023 to 2033

Fig 30: North America Market Y-o-Y Growth Projections, By Deployment Mode – 2023 to 2033

Fig 31: North America Market Attractiveness Index, By Deployment Mode – 2023 to 2033

Fig 32: North America Market Share, By Application – 2023 to 2033

Fig 33: North America Market Y-o-Y Growth Projections, By Application – 2023 to 2033

Fig 34: North America Market Attractiveness Index, By Application – 2023 to 2033

Fig 35: North America Market Share, By Country – 2023 to 2033

Fig 36: North America Market Y-o-Y Growth Projections, By Country – 2023 to 2033

Fig 37: North America Market Attractiveness Index, By Country – 2023 to 2033

Fig 38: Europe Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2018 to 2033

Fig 39: Y-o-Y Growth Comparison of Market: Europe Vs Europe Countries Vs Europe Average

Fig 40: Europe Market Share, By Type – 2023 to 2033

Fig 41: Europe Market Y-o-Y Growth Projections, By Type – 2023 to 2033

Fig 42: Europe Market Attractiveness Index, By Type – 2023 to 2033

Fig 43: Europe Market Share, By Hotel Type – 2023 to 2033

Fig 44: Europe Market Y-o-Y Growth Projections, By Hotel Type – 2023 to 2033

Fig 45: Europe Market Attractiveness Index, By Hotel Type – 2023 to 2033

Fig 46: Europe Market Share, By Deployment Mode – 2023 to 2033

Fig 47: Europe Market Y-o-Y Growth Projections, By Deployment Mode – 2023 to 2033

Fig 48: Europe Market Attractiveness Index, By Deployment Mode – 2023 to 2033

Fig 49: Europe Market Share, By Application – 2023 to 2033

Fig 50: Europe Market Y-o-Y Growth Projections, By Application – 2023 to 2033

Fig 51: Europe Market Attractiveness Index, By Application – 2023 to 2033

Fig 52: Europe Market Share, By Country – 2023 to 2033

Fig 53: Europe Market Y-o-Y Growth Projections, By Country – 2023 to 2033

Fig 54: Europe Market Attractiveness Index, By Country – 2023 to 2033

Fig 55: East Asia Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2018 to 2033

Fig 56: Y-o-Y Growth Comparison of Market: East Asia Vs East Asia Countries Vs East Asia Average

Fig 57: East Asia Market Share, By Type – 2023 to 2033

Fig 58: East Asia Market Y-o-Y Growth Projections, By Type – 2023 to 2033

Fig 59: East Asia Market Attractiveness Index, By Type – 2023 to 2033

Fig 60: East Asia Market Share, By Hotel Type – 2023 to 2033

Fig 61: East Asia Market Y-o-Y Growth Projections, By Hotel Type – 2023 to 2033

Fig 62: East Asia Market Attractiveness Index, By Hotel Type – 2023 to 2033

Fig 63: East Asia Market Share, By Deployment Mode – 2023 to 2033

Fig 64: East Asia Market Y-o-Y Growth Projections, By Deployment Mode – 2023 to 2033

Fig 65: East Asia Market Attractiveness Index, By Deployment Mode – 2023 to 2033

Fig 66: East Asia Market Share, By Application – 2023 to 2033

Fig 67: East Asia Market Y-o-Y Growth Projections, By Application – 2023 to 2033

Fig 68: East Asia Market Attractiveness Index, By Application – 2023 to 2033

Fig 69: East Asia Market Share, By Country – 2023 to 2033

Fig 70: East Asia Market Y-o-Y Growth Projections, By Country – 2023 to 2033

Fig 71: East Asia Market Attractiveness Index, By Country – 2023 to 2033

Fig 72: South Asia Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2018 to 2033

Fig 73: Y-o-Y Growth Comparison of Market: South Asia Vs South Asia Countries Vs South Asia Average

Fig 74: South Asia Market Share, By Type – 2023 to 2033

Fig 75: South Asia Market Y-o-Y Growth Projections, By Type – 2023 to 2033

Fig 76: South Asia Market Attractiveness Index, By Type – 2023 to 2033

Fig 77: South Asia Market Share, By Hotel Type – 2023 to 2033

Fig 78: South Asia Market Y-o-Y Growth Projections, By Hotel Type – 2023 to 2033

Fig 79: South Asia Market Attractiveness Index, By Hotel Type – 2023 to 2033

Fig 80: South Asia Market Share, By Deployment Mode – 2023 to 2033

Fig 81: South Asia Market Y-o-Y Growth Projections, By Deployment Mode – 2023 to 2033

Fig 82: South Asia Market Attractiveness Index, By Deployment Mode – 2023 to 2033

Fig 83: South Asia Market Share, By Application – 2023 to 2033

Fig 84: South Asia Market Y-o-Y Growth Projections, By Application – 2023 to 2033

Fig 85: South Asia Market Attractiveness Index, By Application – 2023 to 2033

Fig 86: South Asia Market Share, By Country – 2023 to 2033

Fig 87: South Asia Market Y-o-Y Growth Projections, By Country – 2023 to 2033

Fig 88: South Asia Market Attractiveness Index, By Country – 2023 to 2033

Fig 89: Latin America Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2018 to 2033

Fig 90: Y-o-Y Growth Comparison of Market: Latin America Vs Latin America Countries Vs Latin America Average

Fig 91: Latin America Market Share, By Type – 2023 to 2033

Fig 92: Latin America Market Y-o-Y Growth Projections, By Type – 2023 to 2033

Fig 93: Latin America Market Attractiveness Index, By Type – 2023 to 2033

Fig 94: Latin America Market Share, By Hotel Type – 2023 to 2033

Fig 95: Latin America Market Y-o-Y Growth Projections, By Hotel Type – 2023 to 2033

Fig 96: Latin America Market Attractiveness Index, By Hotel Type – 2023 to 2033

Fig 97: Latin America Market Share, By Deployment Mode – 2023 to 2033

Fig 98: Latin America Market Y-o-Y Growth Projections, By Deployment Mode – 2023 to 2033

Fig 99: Latin America Market Attractiveness Index, By Deployment Mode – 2023 to 2033

Fig 100: Latin America Market Share, By Application – 2023 to 2033

Fig 101: Latin America Market Y-o-Y Growth Projections, By Application – 2023 to 2033

Fig 102: Latin America Market Attractiveness Index, By Application – 2023 to 2033

Fig 103: Latin America Market Share, By Country – 2023 to 2033

Fig 104: Latin America Market Y-o-Y Growth Projections, By Country – 2023 to 2033

Fig 105: Latin America Market Attractiveness Index, By Country – 2023 to 2033

Fig 106: MEA Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2018 to 2033

Fig 107: Y-o-Y Growth Comparison of Market: MEA Vs MEA Countries Vs MEA Average

Fig 108: MEA Market Share, By Type – 2023 to 2033

Fig 109: MEA Market Y-o-Y Growth Projections, By Type – 2023 to 2033

Fig 110: MEA Market Attractiveness Index, By Type – 2023 to 2033

Fig 111: MEA Market Share, By Hotel Type – 2023 to 2033

Fig 112: MEA Market Y-o-Y Growth Projections, By Hotel Type – 2023 to 2033

Fig 113: MEA Market Attractiveness Index, By Hotel Type – 2023 to 2033

Fig 114: MEA Market Share, By Deployment Mode – 2023 to 2033

Fig 115: MEA Market Y-o-Y Growth Projections, By Deployment Mode – 2023 to 2033

Fig 116: MEA Market Attractiveness Index, By Deployment Mode – 2023 to 2033

Fig 117: MEA Market Share, By Application – 2023 to 2033

Fig 118: MEA Market Y-o-Y Growth Projections, By Application – 2023 to 2033

Fig 119: MEA Market Attractiveness Index, By Application – 2023 to 2033

Fig 120: MEA Market Share, By Country – 2023 to 2033

Fig 121: MEA Market Y-o-Y Growth Projections, By Country – 2023 to 2033

Fig 122: MEA Market Attractiveness Index, By Country – 2023 to 2033

Fig 123: Oceania Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2018 to 2033

Fig 124: Y-o-Y Growth Comparison of Market: Oceania Vs Oceania Countries Vs Oceania Average

Fig 125: Oceania Market Share, By Type – 2023 to 2033

Fig 126: Oceania Market Y-o-Y Growth Projections, By Type – 2023 to 2033

Fig 127: Oceania Market Attractiveness Index, By Type – 2023 to 2033

Fig 128: Oceania Market Share, By Hotel Type – 2023 to 2033

Fig 129: Oceania Market Y-o-Y Growth Projections, By Hotel Type – 2023 to 2033

Fig 130: Oceania Market Attractiveness Index, By Hotel Type – 2023 to 2033

Fig 131: Oceania Market Share, By Deployment Mode – 2023 to 2033

Fig 132: Oceania Market Y-o-Y Growth Projections, By Deployment Mode – 2023 to 2033

Fig 133: Oceania Market Attractiveness Index, By Deployment Mode – 2023 to 2033

Fig 134: Oceania Market Share, By Application – 2023 to 2033

Fig 135: Oceania Market Y-o-Y Growth Projections, By Application – 2023 to 2033

Fig 136: Oceania Market Attractiveness Index, By Application – 2023 to 2033

Fig 137: Oceania Market Share, By Country – 2023 to 2033

Fig 138: Oceania Market Y-o-Y Growth Projections, By Country – 2023 to 2033

Fig 139: Oceania Market Attractiveness Index, By Country – 2023 to 2033

Fig 140: United States Market share by Type, 2022

Fig 141: United States Market share by Hotel Type, 2022

Fig 142: United States Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 143: United States Market Share by Application, 2022

Fig 144: Canada Market share by Type, 2022

Fig 145: Canada Market share by Hotel Type, 2022

Fig 146: Canada Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 147: Canada Market Share by Application, 2022

Fig 148: Germany Market share by Type, 2022

Fig 149: Germany Market share by Hotel Type, 2022

Fig 150: Germany Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 151: Germany Market Share by Application, 2022

Fig 152: United Kingdom Market share by Type, 2022

Fig 153: United Kingdom Market share by Hotel Type, 2022

Fig 154: United Kingdom Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 155: United Kingdom Market Share by Application, 2022

Fig 156: France Market share by Type, 2022

Fig 157: France Market share by Hotel Type, 2022

Fig 158: France Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 159: France Market Share by Application, 2022

Fig 160: Russia Market share by Type, 2022

Fig 161: Russia Market share by Hotel Type, 2022

Fig 162: Russia Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 163: Russia Market Share by Application, 2022

Fig 164: Spain Market share by Type, 2022

Fig 165: Spain Market share by Hotel Type, 2022

Fig 166: Spain Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 167: Spain Market Share by Application, 2022

Fig 168: Italy Market share by Type, 2022

Fig 169: Italy Market share by Hotel Type, 2022

Fig 170: Italy Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 171: Italy Market Share by Application, 2022

Fig 172: China Market share by Type, 2022

Fig 173: China Market share by Hotel Type, 2022

Fig 174: China Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 175: China Market Share by Application, 2022

Fig 176: Japan Market share by Type, 2022

Fig 177: Japan Market share by Hotel Type, 2022

Fig 178: Japan Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 179: Japan Market Share by Application, 2022

Fig 180: South Korea Market share by Type, 2022

Fig 181: South Korea Market share by Hotel Type, 2022

Fig 182: South Korea Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 183: South Korea Market Share by Application, 2022

Fig 184: India Market share by Type, 2022

Fig 185: India Market share by Hotel Type, 2022

Fig 186: India Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 187: India Market Share by Application, 2022

Fig 188: Singapore Market share by Type, 2022

Fig 189: Singapore Market share by Hotel Type, 2022

Fig 190: Singapore Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 191: Singapore Market Share by Application, 2022

Fig 192: Indonesia Market share by Type, 2022

Fig 193: Indonesia Market share by Hotel Type, 2022

Fig 194: Indonesia Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 195: Indonesia Market Share by Application, 2022

Fig 196: Thailand Market share by Type, 2022

Fig 197: Thailand Market share by Hotel Type, 2022

Fig 198: Thailand Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 199: Thailand Market Share by Application, 2022

Fig 200: Brazil Market share by Type, 2022

Fig 201: Brazil Market share by Hotel Type, 2022

Fig 202: Brazil Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 203: Brazil Market Share by Application, 2022

Fig 204: Mexico Market share by Type, 2022

Fig 205: Mexico Market share by Hotel Type, 2022

Fig 206: Mexico Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 207: Mexico Market Share by Application, 2022

Fig 208: Turkey Market share by Type, 2022

Fig 209: Turkey Market share by Hotel Type, 2022

Fig 210: Turkey Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 211: Turkey Market Share by Application, 2022

Fig 212: GCC Countries Market share by Type, 2022

Fig 213: GCC Countries Market share by Hotel Type, 2022

Fig 214: GCC Countries Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 215: GCC Countries Market Share by Application, 2022

Fig 216: South Africa Market share by Type, 2022

Fig 217: South Africa Market share by Hotel Type, 2022

Fig 218: South Africa Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 219: South Africa Market Share by Application, 2022

Fig 220: Australia Market share by Type, 2022

Fig 221: Australia Market share by Hotel Type, 2022

Fig 222: Australia Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 223: Australia Market Share by Application, 2022

Fig 224: New Zealand Market share by Type, 2022

Fig 225: New Zealand Market share by Hotel Type, 2022

Fig 226: New Zealand Market Value (US$ Mn) and Forecast 2023 to 2033

Fig 227: New Zealand Market Share by Application, 2022

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the market for smart hospitality solutions?

The global smart hospitality market is valued at US$ 37.41 billion in 2023 and is expected to reach US$ 273.27 billion by 2033.

Which regions account for a leading share of the global smart hospitality market?

North America and Europe are leading regional markets for smart hospitality solutions.

Which major factor is driving demand for smart hospitality solutions?

Increasing desire for guest-oriented, hyper-connected personalization and real-time optimized experiences is driving market growth.

Who are the leading providers of smart hospitality technologies?

Honeywell International Inc., Huawei Technologies Co. Ltd., and IBM Corporation are prime smart hospitality solution providers.

What is the estimated growth rate of the smart hospitality market?

The market for smart hospitality is predicted to surge at a CAGR of 22% from 2023 to 2033.

Smart Hospitality Market

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