$28.7B Opportunity Outlook on the Smart Hospitality Market to 2023 - Featuring Schneider, Siemens, IBM, BuildingIQ, Honeywell, Cisco, Oracle, and Many More - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 1, 2018--The “Global Smart Hospitality Market - by Hotel Type, Software, Services, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.
The global smart hospitality market will reach 28.7 billion USD by 2023 from 7.1 billion USD in 2017 with a CAGR of 26.21% during the period.
The rising demand for optimized guest experience, lower operational costs is driving the market growth. The need of IOT technologies for hotel operation management, security and energy management in hospitality is driving the market growth. On the other hand, the high implementation cost and lack of skilled professionals is restraining the market.
Asia-Pacific will grow at a significant rate due to the adoption of technologies related to smart hospitality. Europe dominates the market owing to technological innovations, robust internet infrastructure and increasing adoption of IOT. North America also has major share in the market due to availability of advanced technologies.
Industry Trends & UpdatesEverett launched Savvy SmartMirror, touch and voice activated, are helping to redefine the hotel guest experience. NCR Corporation announced its Internet of Things (IOT)-enabled managed services capabilities, together with PTC, which helps hospitality optimize the availability and security of consumer interaction technologies, including self-service and mobile channels.
Companies ProfiledSchneider Siemens IBM BuildingIQ Honeywell Winhotel Cisco Oracle Huawei NEC Enterprise Peach Johnson Controls Infor Control4 Sabre
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Smart Hospitality Market Segmentation, Forecasts and Trends - by Hotel Type
6. Global Smart Hospitality Market Segmentation, Forecasts and Trends - by Software
7. Global Smart Hospitality Market Segmentation, Forecasts and Trends - by Services
8. Global Smart Hospitality Market Segmentation, Forecasts and Trends - by Region
9. Company Market Share Analysis
10. Company Profiles
11. Industry Structure
12. Global Smart Hospitality Market - The Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/33jmff/28_7b?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181001005647/en/
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Related Topics:Software,Hotels and Travel Accomodation
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SOURCE: Research and Markets
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PUB: 10/01/2018 10:38 AM/DISC: 10/01/2018 10:38 AM