Base Year
Historical Year
Forecast Year
The global connected hotel systems and solutions market size is expected to grow in the forecast period of 2024-2032 at a CAGR of 25.0%.
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The heightened deployment of cloud-based hotel management software owing to the ease of access, flexibility, user-friendly features, seamless integration, and affordable prices, is driving the segment’s growth.
Cloud-based software provides enhanced data security which safeguards the information of guests, offering them greater privacy. This factor is adding the segment’s growth in the overall connected hotel systems and solutions market. The cloud-based hotel management solutions are fast and reduce the dependence on paperwork and documentation. Over the forecast period, the technological advancements in cloud-based software are likely to lead to the addition of high-tech features.
The market in the Asia Pacific region is being driven by the rapid urbanisation, robust infiltration of tourists, and increasing disposable income. The rapid development of motels and resorts in emerging economies such as India and China are likely to offer lucrative opportunities to the market in the forecast period.
Moreover, the steady economic growth and rising per capita income are anticipated to favour the expansion of major hotel brands. The connected hotel systems and solutions market is also being favoured by the advanced digital infrastructure in the region. Coupled with high-speed internet, advanced digital infrastructure is likely to lead to enhanced operational efficiency of connected hotel systems and solutions.
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Connected hotel systems and solutions are a part of hospitality businesses and are applied to facilitate various hotel operations and routine activities to bolster the comfort of the guests. Connected hotel systems and solutions allow the hotel staff to coordinate and communicate quickly without any barrier in order to take care of the security and operations of a hotel.
Based on hotel type, the market can be segmented into:
By offering, the connected hotel systems and solutions market has been bifurcated into:
On the basis of deployment model, the market has been divided into:
The significant applications upon which the market is categorised are:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The rapid automation and increasing penetration of artificial intelligence (AI) and blockchain technology in hospitality services are leading to a heightened deployment of connected hotel systems and solutions. They are deployed in hotels, resorts, inn, and motels, among others, driving the market growth.
Across the forecast period, the anticipated increase in investments by hotel authorities to increase the efficiency of hotel task management, to bring clarity in guest communication, and to facilitate guest feedback. This is likely to accelerate the connected hotel systems and solutions market growth.
The growing travel and tourism industry in the emerging economies is anticipated to further propel the demand for connected hotel systems and solutions. This is designed to streamline the teamwork of hotel management staff to bolster the comfort of tourists and to lend greater visibility of the hotel system for enhanced reliability. Furthermore, the increasing adoption of smartphones, laptops, and tablets is anticipated to enable the guests to achieve faster bookings without any hassle.
The report gives a detailed analysis of the following key players in the global connected hotel systems and solutions market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Hotel Type |
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| Breakup by Offering |
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| Breakup by Deployment Model |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global market size is estimated to grow at a CAGR of 25.0% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032.
The major drivers of the market include the increasing penetration of AI, blockchain and cloud-based technology in hotels, increasing need for automation to enhance the hotel task operations, and rapid urbanisation.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The technological advancements in the hospitality sector across the emerging economies are likely to be the key trends in the market.
Resorts and spas, business hotels, and custom and boutique hotels, among others are the different segments based on hotel type.
Services and solutions are the segmentation of market based on offering.
Cloud based services and on-premises is the market bifurcation based on deployment model.
Communication and technology, security, hotel building and rooms automation, guest service management, and operation management, among others are the significant applications included in the market report.
The major players in the industry are Honeywell International Inc., Cisco Systems, Inc., Panasonic Connect Co., Ltd., Siemens AG, and protel hotelsoftware GmbH, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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