Smart Hospitality Market Report
RA05747
Smart Hospitality Market, by Deployment (On-premises, On-demand), Service Type (Professional service, Consulting service, System integration and deployment, Support and maintenance, Managed service), Devices (Business hotel, Heritage and boutique hotel, Resorts and spas, Others), Data Fabric Type (Hotel operation management system, Integrated security system, Hotel building automation system, Guest service management system, Integrated communication technology solutions): Global Opportunity Analysis and Industry Forecast, 2020-2027
The global smart hospitality market is estimated to surpass $72,943.7 million by 2027, exhibiting a CAGR of 26.0% from 2020 to 2027.
This report provides detailed insights on the present position and future perspective of the industry by deeply analyzing key factors of the market including major segments and regions, market drivers and restraints, rewarding investment opportunities, major players, and competitive outlook.
The report also furnishes the significant forces that are impacting market growth. Moreover, the report provides Porter’s Five Forces analysis which reveals the forte of prevailing players and the condition of the market in terms of growth and future opportunities. Furthermore, the report offers clear insights on the market size and scope by analyzing the global smart hospitality market across different segments and sub-segments. The report offers detailed insights on the regional market condition of these segments and each segment is meticulously analyzed at regional as well as country level to get a broader scenario of the global smart hospitality market. The report divides the global smart hospitality market into four key regions including North America, Europe, Asia-Pacific, and LAMEA which are further segmented into major countries to cover the smart hospitality market lookout in respective areas.
Additionally, competitive landscape of the global smart hospitality market is deliberated in the report. Key players active in the global smart hospitality market are also evaluated to understand their position in the global market. The report also provides information on product portfolio, company initiatives, winning business strategies, novel developments, and financial position of these players.
Research Methodology
We claim to offer our clients with reliable research and analysis garnered from various industry parameters and inputs such as recent trends, interview with participants of the industry, trustworthy sources of information & statistics, and regional acumen. Our expert market analysts have formulated this report by keenly scrutinizing every aspect of the market. Moreover, various top research and analysis approaches and tools have been used to draft this report with fine points, quality, and precision.
Various activities such as detailed deliberations and interviews with various leading investors and market professionals have been performed to collate every detail as well as driving forces of the global market. Both primary as well as secondary research techniques have been implemented for capturing detailed market predictions and forecasts. A huge variety of industry related documents such as industry releases, product type literatures, yearly reports, and others have been keenly studied for obtaining a clearer picture of the global smart hospitality market scenario. Moreover, certified and renowned resources such as independent studies, medical journals, technical journals, releases by trade association, materials published by government & regulatory authorities, and others have been reviewed to better understand the global market condition.
KEY MARKET BENEFITS
- This report caters detailed analysis, information, and valid inputs from industry specialists & contributors across the value chain
- The report offers an inclusive breakdown along with the latest trends and developments in the market during the forecast period from 2019 to 2027, thus highlighting upcoming investment opportunities and future scope of the market
- The report highlights all the major factors and events in the market from 2019 to 2027 and reveals the qualitative impact of other forces on market segments and geographies
- The report delivers reliable market forecasts and size by deeply scrutinizing key segments, driving and restraining factors, and recent & key developments by major players in the smart hospitality market
- The report presents winning growth tactics and plans adopted by the key industry players for understanding the competitive landscape of the global smart hospitality market
KEY MARKET SEGMENTS
The report deliberates the following segments of the market:
- Deployment: On-premises, On-demand
- Service Type: Professional service, Consulting service, System integration and deployment, Support and maintenance, Managed service
- Devices: Business hotel, Heritage and boutique hotel, Resorts and spas, Others
- Data Fabric Type: Hotel operation management system, Integrated security system, Hotel building automation system, Guest service management system, Integrated communication technology solutions
Region:
The global smart hospitality market was evaluated across North America, Europe, Asia Pacific, and LAMEA.
The above-mentioned regions are further dived in countries as follows:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- UAE
- Rest of LAMEA
KEY MARKET PLAYERS
The report provides in-depth insights on the key players operating in the global smart hospitality market. The major players enlisted in the report include IBM Corporation (New York, BuildingIQ (California, Schneider Electric (Rueil-Malmaison, Johnson Controls (Wisconsin.
The report profiles several facts of all these key players as follows:
1. Schneider Electric (Rueil-Malmaison
2. France)
3. Siemens AG (Munich
4. Germany)
5. IBM Corporation (New York
6. U.S.)
7. BuildingIQ (California
8. U.S.)
9. Honeywell International (New Jersey
10. U.S.)
11. Winhotel Solutions (Balearic Islands
12. Spain)
13. Cisco Systems
14. Inc. (San Jose
15. U.S.)
16. Oracle Corporation (California
17. U.S.)
18. Huawei Technologies (Shenzhen
19. China)
20. Johnson Controls (Wisconsin
21. U.S.)
22. NEC Corporation (Tokyo
23. Japan)
24. and Infor
25. Inc. (New York
26. U.S.)
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1. RESEARCH METHODOLOGY
1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.5. Market size estimation
1.5.1. Top-down approach
1.5.2. Bottom-up approach
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2. REPORT SCOPE
2.1. Market definition
2.2. Key objectives of the study
2.3. Report overview
2.4. Market segmentation
2.5. Overview of the impact of COVID-19 on Global Smart Hospitality Market
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3. EXECUTIVE SUMMARY
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4. MARKET OVERVIEW
4.1. Introduction
4.2. Growth impact forces
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Market value chain analysis
4.3.1. List of raw material suppliers
4.3.2. List of manufacturers
4.3.3. List of distributors
4.4. Innovation & sustainability matrices
4.4.1. Technology matrix
4.4.2. Regulatory matrix
4.5. Porter’s five forces analysis
4.5.1. Bargaining power of suppliers
4.5.2. Bargaining power of consumers
4.5.3. Threat of substitutes
4.5.4. Threat of new entrants
4.5.5. Competitive rivalry intensity
4.6. PESTLE analysis
4.6.1. Political
4.6.2. Economical
4.6.3. Social
4.6.4. Technological
4.6.5. Environmental
4.7. Impact of COVID-19 on Smart Hospitality Market
4.7.1. Pre-covid market scenario
4.7.2. Post-covid market scenario
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5. Smart Hospitality Market, By Type
5.1. Overview
5.2 On-premises
5.2.1 Definition, key trends, growth factors, and opportunities
5.2.2 Market size analysis, by region, 2020-2027
5.2.3 Market share analysis, by country, 2020-2027
5.3 On-demand
5.3.1 Definition, key trends, growth factors, and opportunities
5.3.2 Market size analysis, by region, 2020-2027
5.3.3 Market share analysis, by country, 2020-2027
5.4 Research Dive Exclusive Insights
5.4.1 Market attractiveness
5.4.2 Competition heatmap
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6. Smart Hospitality Market, By Vertical
6.1. Overview
6.2 Professional service
6.2.1 Definition, key trends, growth factors, and opportunities
6.2.2 Market size analysis, by region, 2020-2027
6.2.3 Market share analysis, by country, 2020-2027
6.3 Consulting service
6.3.1 Definition, key trends, growth factors, and opportunities
6.3.2 Market size analysis, by region, 2020-2027
6.3.3 Market share analysis, by country, 2020-2027
6.4 System integration and deployment
6.4.1 Definition, key trends, growth factors, and opportunities
6.4.2 Market size analysis, by region, 2020-2027
6.4.3 Market share analysis, by country, 2020-2027
6.5 Support and maintenance
6.5.1 Definition, key trends, growth factors, and opportunities
6.5.2 Market size analysis, by region, 2020-2027
6.5.3 Market share analysis, by country, 2020-2027
6.6 Managed service
6.6.1 Definition, key trends, growth factors, and opportunities
6.6.2 Market size analysis, by region, 2020-2027
6.6.3 Market share analysis, by country, 2020-2027
6.7 Research Dive Exclusive Insights
6.7.1 Market attractiveness
6.7.2 Competition heatmap
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7. Smart Hospitality Market, By Software
7.1. Overview
7.2 Business hotel
7.2.1 Definition, key trends, growth factors, and opportunities
7.2.2 Market size analysis, by region, 2020-2027
7.2.3 Market share analysis, by country, 2020-2027
7.3 Heritage and boutique hotel
7.3.1 Definition, key trends, growth factors, and opportunities
7.3.2 Market size analysis, by region, 2020-2027
7.3.3 Market share analysis, by country, 2020-2027
7.4 Resorts and spas
7.4.1 Definition, key trends, growth factors, and opportunities
7.4.2 Market size analysis, by region, 2020-2027
7.4.3 Market share analysis, by country, 2020-2027
7.5 Others
7.5.1 Definition, key trends, growth factors, and opportunities
7.5.2 Market size analysis, by region, 2020-2027
7.5.3 Market share analysis, by country, 2020-2027
7.6 Research Dive Exclusive Insights
7.6.1 Market attractiveness
7.6.2 Competition heatmap
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8. Smart Hospitality Market, By Power Supply
8.1. Overview
8.2 Hotel operation management system
8.2.1 Definition, key trends, growth factors, and opportunities
8.2.2 Market size analysis, by region, 2020-2027
8.2.3 Market share analysis, by country, 2020-2027
8.3 Integrated security system
8.3.1 Definition, key trends, growth factors, and opportunities
8.3.2 Market size analysis, by region, 2020-2027
8.3.3 Market share analysis, by country, 2020-2027
8.4 Hotel building automation system
8.4.1 Definition, key trends, growth factors, and opportunities
8.4.2 Market size analysis, by region, 2020-2027
8.4.3 Market share analysis, by country, 2020-2027
8.5 Guest service management system
8.5.1 Definition, key trends, growth factors, and opportunities
8.5.2 Market size analysis, by region, 2020-2027
8.5.3 Market share analysis, by country, 2020-2027
8.6 Integrated communication technology solutions
8.6.1 Definition, key trends, growth factors, and opportunities
8.6.2 Market size analysis, by region, 2020-2027
8.6.3 Market share analysis, by country, 2020-2027
8.7 Research Dive Exclusive Insights
8.7.1 Market attractiveness
8.7.2 Competition heatmap
9. Smart Hospitality Market, By Region
9.1 North America
9.1.1 U.S
9.1.1.1 Market size analysis, By Type, 2020-2027
9.1.1.2 Market size analysis, By Vertical, 2020-2027
9.1.1.3 Market size analysis, By Software, 2020-2027
9.1.1.4 Market size analysis, By Power Supply, 2020-2027
9.1.2 Canada
9.1.2.1 Market size analysis, By Type, 2020-2027
9.1.2.2 Market size analysis, By Vertical, 2020-2027
9.1.2.3 Market size analysis, By Software, 2020-2027
9.1.2.4 Market size analysis, By Power Supply, 2020-2027
9.1.3 Mexico
9.1.3.1 Market size analysis, By Type, 2020-2027
9.1.3.2 Market size analysis, By Vertical, 2020-2027
9.1.3.3 Market size analysis, By Software, 2020-2027
9.1.3.4 Market size analysis, By Power Supply, 2020-2027
9.1.4 Research Dive Exclusive Insights
9.1.4.1 Market attractiveness
9.1.4.2 Competition heatmap
9.2 Europe
9.2.1 Germany
9.2.1.1 Market size analysis, By Type, 2020-2027
9.2.1.2 Market size analysis, By Vertical, 2020-2027
9.2.1.3 Market size analysis, By Software, 2020-2027
9.2.1.4 Market size analysis, By Power Supply, 2020-2027
9.2.2 UK
9.2.2.1 Market size analysis, By Type, 2020-2027
9.2.2.2 Market size analysis, By Vertical, 2020-2027
9.2.2.3 Market size analysis, By Software, 2020-2027
9.2.2.4 Market size analysis, By Power Supply, 2020-2027
9.2.3 France
9.2.3.1 Market size analysis, By Type, 2020-2027
9.2.3.2 Market size analysis, By Vertical, 2020-2027
9.2.3.3 Market size analysis, By Software, 2020-2027
9.2.3.4 Market size analysis, By Power Supply, 2020-2027
9.2.4 Spain
9.2.4.1 Market size analysis, By Type, 2020-2027
9.2.4.2 Market size analysis, By Vertical, 2020-2027
9.2.4.3 Market size analysis, By Software, 2020-2027
9.2.4.4 Market size analysis, By Power Supply, 2020-2027
9.2.5 Italy
9.2.5.1 Market size analysis, By Type, 2020-2027
9.2.5.2 Market size analysis, By Vertical, 2020-2027
9.2.5.3 Market size analysis, By Software, 2020-2027
9.2.5.4 Market size analysis, By Power Supply, 2020-2027
9.2.6 Rest of Europe
9.2.6.1 Market size analysis, By Type, 2020-2027
9.2.6.2 Market size analysis, By Vertical, 2020-2027
9.2.6.3 Market size analysis, By Software, 2020-2027
9.2.6.4 Market size analysis, By Power Supply, 2020-2027
9.2.7 Research Dive Exclusive Insights
9.2.7.1 Market attractiveness
9.2.7.2 Competition heatmap
9.3 Asia-Pacific
9.3.1 China
9.3.1.1 Market size analysis, By Type, 2020-2027
9.3.1.2 Market size analysis, By Vertical, 2020-2027
9.3.1.3 Market size analysis, By Software, 2020-2027
9.3.1.4 Market size analysis, By Power Supply, 2020-2027
9.3.2 Japan
9.3.2.1 Market size analysis, By Type, 2020-2027
9.3.2.2 Market size analysis, By Vertical, 2020-2027
9.3.2.3 Market size analysis, By Software, 2020-2027
9.3.2.4 Market size analysis, By Power Supply, 2020-2027
9.3.3 India
9.3.3.1 Market size analysis, By Type, 2020-2027
9.3.3.2 Market size analysis, By Vertical, 2020-2027
9.3.3.3 Market size analysis, By Software, 2020-2027
9.3.3.4 Market size analysis, By Power Supply, 2020-2027
9.3.4 Australia
9.3.4.1 Market size analysis, By Type, 2020-2027
9.3.4.2 Market size analysis, By Vertical, 2020-2027
9.3.4.3 Market size analysis, By Software, 2020-2027
9.3.4.4 Market size analysis, By Power Supply, 2020-2027
9.3.5 South Korea
9.3.5.1 Market size analysis, By Type, 2020-2027
9.3.5.2 Market size analysis, By Vertical, 2020-2027
9.3.5.3 Market size analysis, By Software, 2020-2027
9.3.5.4 Market size analysis, By Power Supply, 2020-2027
9.3.6 Rest of Asia-Pacific
9.3.6.1 Market size analysis, By Type, 2020-2027
9.3.6.2 Market size analysis, By Vertical, 2020-2027
9.3.6.3 Market size analysis, By Software, 2020-2027
9.3.6.4 Market size analysis, By Power Supply, 2020-2027
9.3.7 Research Dive Exclusive Insights
9.3.7.1 Market attractiveness
9.3.7.2 Competition heatmap
9.4 LAMEA
9.4.1 Brazil
9.4.1.1 Market size analysis, By Type, 2020-2027
9.4.1.2 Market size analysis, By Vertical, 2020-2027
9.4.1.3 Market size analysis, By Software, 2020-2027
9.4.1.4 Market size analysis, By Power Supply, 2020-2027
9.4.2 Saudi Arabia
9.4.2.1 Market size analysis, By Type, 2020-2027
9.4.2.2 Market size analysis, By Vertical, 2020-2027
9.4.2.3 Market size analysis, By Software, 2020-2027
9.4.2.4 Market size analysis, By Power Supply, 2020-2027
9.4.3 UAE
9.4.3.1 Market size analysis, By Type, 2020-2027
9.4.3.2 Market size analysis, By Vertical, 2020-2027
9.4.3.3 Market size analysis, By Software, 2020-2027
9.4.3.4 Market size analysis, By Power Supply, 2020-2027
9.4.4 South Africa
9.4.4.1 Market size analysis, By Type, 2020-2027
9.4.4.2 Market size analysis, By Vertical, 2020-2027
9.4.4.3 Market size analysis, By Software, 2020-2027
9.4.4.4 Market size analysis, By Power Supply, 2020-2027
9.4.5 Rest of LAMEA
9.4.5.1 Market size analysis, By Type, 2020-2027
9.4.5.2 Market size analysis, By Vertical, 2020-2027
9.4.5.3 Market size analysis, By Software, 2020-2027
9.4.5.4 Market size analysis, By Power Supply, 2020-2027
9.4.6 Research Dive Exclusive Insights
9.4.6.1 Market attractiveness
9.4.6.2 Competition heatmap
10. Competitive Landscape
10.1 Top winning strategies, 2020-2027
10.1.1 By strategy
10.1.2 By year
10.2 Strategic overview
10.3 Market share analysis, 2020-2027
11. Company Profiles
11.1 Schneider Electric (Rueil-Malmaison
11.1.1 Overview
11.1.2 Business segments
11.1.3 Product portfolio
11.1.4 Financial performance
11.1.5 Recent developments
11.1.6 SWOT analysis
11.2 France)
11.2.1 Overview
11.2.2 Business segments
11.2.3 Product portfolio
11.2.4 Financial performance
11.2.5 Recent developments
11.2.6 SWOT analysis
11.3 Siemens AG (Munich
11.3.1 Overview
11.3.2 Business segments
11.3.3 Product portfolio
11.3.4 Financial performance
11.3.5 Recent developments
11.3.6 SWOT analysis
11.4 Germany)
11.4.1 Overview
11.4.2 Business segments
11.4.3 Product portfolio
11.4.4 Financial performance
11.4.5 Recent developments
11.4.6 SWOT analysis
11.5 IBM Corporation (New York
11.5.1 Overview
11.5.2 Business segments
11.5.3 Product portfolio
11.5.4 Financial performance
11.5.5 Recent developments
11.5.6 SWOT analysis
11.6 U.S.)
11.6.1 Overview
11.6.2 Business segments
11.6.3 Product portfolio
11.6.4 Financial performance
11.6.5 Recent developments
11.6.6 SWOT analysis
11.7 BuildingIQ (California
11.7.1 Overview
11.7.2 Business segments
11.7.3 Product portfolio
11.7.4 Financial performance
11.7.5 Recent developments
11.7.6 SWOT analysis
11.8 U.S.)
11.8.1 Overview
11.8.2 Business segments
11.8.3 Product portfolio
11.8.4 Financial performance
11.8.5 Recent developments
11.8.6 SWOT analysis
11.9 Honeywell International (New Jersey
11.9.1 Overview
11.9.2 Business segments
11.9.3 Product portfolio
11.9.4 Financial performance
11.9.5 Recent developments
11.9.6 SWOT analysis
11.10 U.S.)
11.10.1 Overview
11.10.2 Business segments
11.10.3 Product portfolio
11.10.4 Financial performance
11.10.5 Recent developments
11.10.6 SWOT analysis
11.11 Winhotel Solutions (Balearic Islands
11.11.1 Overview
11.11.2 Business segments
11.11.3 Product portfolio
11.11.4 Financial performance
11.11.5 Recent developments
11.11.6 SWOT analysis
11.12 Spain)
11.12.1 Overview
11.12.2 Business segments
11.12.3 Product portfolio
11.12.4 Financial performance
11.12.5 Recent developments
11.12.6 SWOT analysis
11.13 Cisco Systems
11.13.1 Overview
11.13.2 Business segments
11.13.3 Product portfolio
11.13.4 Financial performance
11.13.5 Recent developments
11.13.6 SWOT analysis
11.14 Inc. (San Jose
11.14.1 Overview
11.14.2 Business segments
11.14.3 Product portfolio
11.14.4 Financial performance
11.14.5 Recent developments
11.14.6 SWOT analysis
11.15 U.S.)
11.15.1 Overview
11.15.2 Business segments
11.15.3 Product portfolio
11.15.4 Financial performance
11.15.5 Recent developments
11.15.6 SWOT analysis
11.16 Oracle Corporation (California
11.16.1 Overview
11.16.2 Business segments
11.16.3 Product portfolio
11.16.4 Financial performance
11.16.5 Recent developments
11.16.6 SWOT analysis
11.17 U.S.)
11.17.1 Overview
11.17.2 Business segments
11.17.3 Product portfolio
11.17.4 Financial performance
11.17.5 Recent developments
11.17.6 SWOT analysis
11.18 Huawei Technologies (Shenzhen
11.18.1 Overview
11.18.2 Business segments
11.18.3 Product portfolio
11.18.4 Financial performance
11.18.5 Recent developments
11.18.6 SWOT analysis
11.19 China)
11.19.1 Overview
11.19.2 Business segments
11.19.3 Product portfolio
11.19.4 Financial performance
11.19.5 Recent developments
11.19.6 SWOT analysis
11.20 Johnson Controls (Wisconsin
11.20.1 Overview
11.20.2 Business segments
11.20.3 Product portfolio
11.20.4 Financial performance
11.20.5 Recent developments
11.20.6 SWOT analysis
11.21 U.S.)
11.21.1 Overview
11.21.2 Business segments
11.21.3 Product portfolio
11.21.4 Financial performance
11.21.5 Recent developments
11.21.6 SWOT analysis
11.22 NEC Corporation (Tokyo
11.22.1 Overview
11.22.2 Business segments
11.22.3 Product portfolio
11.22.4 Financial performance
11.22.5 Recent developments
11.22.6 SWOT analysis
11.23 Japan)
11.23.1 Overview
11.23.2 Business segments
11.23.3 Product portfolio
11.23.4 Financial performance
11.23.5 Recent developments
11.23.6 SWOT analysis
11.24 and Infor
11.24.1 Overview
11.24.2 Business segments
11.24.3 Product portfolio
11.24.4 Financial performance
11.24.5 Recent developments
11.24.6 SWOT analysis
11.25 Inc. (New York
11.25.1 Overview
11.25.2 Business segments
11.25.3 Product portfolio
11.25.4 Financial performance
11.25.5 Recent developments
11.25.6 SWOT analysis
11.26 U.S.)
11.26.1 Overview
11.26.2 Business segments
11.26.3 Product portfolio
11.26.4 Financial performance
11.26.5 Recent developments
11.26.6 SWOT analysis
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