Global Smart Hospitality
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Smart Hospitality market size was $16.92 Billion in 2022 and it is forecasted to reach $94.47 Billion by 2030. Smart Hospitality Industry's Compound Annual Growth Rate will be 23.98% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Smart Hospitality market size was $16.92 Billion in 2022 and it is forecasted to reach $94.47 Billion by 2030. Smart Hospitality Industry's Compound Annual Growth Rate will be 23.98% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Smart Hospitality Market Sales Revenue | 121212 | 121212 | 121212 | 23.98% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Deployment Mode |
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Market Split by Hotel Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Smart Hospitality industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Smart Hospitality Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Smart hospitality uses internet-connected devices that are able to communicate or interact with each other. Smart hospitality refers to the use of advanced technology and data-driven insights to improve the guest experience, optimize operations and increase efficiency in the hospitality industry. This may include the use of devices and systems such as smart room automation, mobile apps, chatbots, artificial intelligence (AI), the Internet of Things (IoT), and data analytics.
Increasing adoption of smart room technology from renowned hotel brands along with the improved level of personalization is the main driving factor contributing to the growth of the global smart hospitality market during the forecast period. For example, a growing number of hotel companies, including the likes of Hilton and Marriott are implementing the concept of the smart hotel room to deliver better personalization. Additionally, the recent introduction of disruptive technologies such as artificial intelligence and IoT with the aim of improving management, efficiency, and control from hotel management has driven market growth over the forecast period.
However, data breaches and privacy concerns related to the hotel’s digital infrastructure may obstruct the growth of the global smart hospitality market in near future. Further, the rapid development of various advanced technologies such as automation, and data analytics is expected to create great opportunities for the smart hospitality market during the forecast period. In the upcoming years, hotels may use contactless technologies such as facial recognition, mobile keys, and voice-activated controls to enhance the overall guest experience.
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This industry is highly competitive, driven by rapid technological advancements, evolving consumer demands, and global connectivity needs. Some of the key Companies of Smart Hospitality market are focusing on research and development to provide innovative products along with to fulfil a consumer demands. Additionally, regulatory changes and geopolitical challenges will play a crucial role in shaping the industry’s future. In this section we have included company revenue generated for Smart Hospitality along with business overview, key strategies, SOWT analysis, recent development etc. Detailed analysis of each companies in this report will help you to understand how competitors are performing in this market. Moreover, it also helps to build strategies to enhance the company growth across the all regions.
Top Companies Market Share in Smart Hospitality Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America accounted for relatively the largest share of the smart hospitality market during the forecast period. The growth of market is significantly growing in the region due to the rapid expansion of the tourism industry and an increased trend toward technological sophistication. Moreover, increasing integration of new contactless technologies to facilitate and delight guests are becoming frequent in hotels around the US.
The current report Scope analyzes Smart Hospitality Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Smart Hospitality Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Smart Hospitality Industry growth. Smart Hospitality market has been segmented with the help of its Type, Application Deployment Mode, and others. Smart Hospitality market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
We have designed the scope of Smart Hospitality market through our primary and secondary research methodology. The type segment/horizontal segment analysis of Smart Hospitality market provides detailed information of key leading segment revenue and share along with reasons behind its dominance across the global as well as region level. Additionally, we have also incorporated revenue and Y-O-Y growth of each segment with detailed qualitative analysis.
Smart Hospitality market types/products segment analysis enables clients to expand into new markets and diversify their customer base. Thus, this section helps to creates additional revene streams and strengthens their competitive position in the market. we also design customized scope as per clinet requirement. In case of any requirment kindly connect with our research team.
Type of Smart Hospitality analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Smart Hospitality Industry. Request a Free Sample PDF!
Hotels held significant growth in terms of application, as hotels are one of the key players in the smart hospitality trend, and many are using advanced technology and data-driven insights to optimize operations and improve the guest experience.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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By Deployment Mode, the On-premise segment held the major revenue share of Smart Hospitality Market!
On-premise segment acquired the revenue share in terms of deployment mode due to it offering advantages over cloud mode such as a significant reduction in cost and improve efficiency. On-premise smart hospitality refers to the use of advanced technology and data-driven insights to optimize operations and improve the guest experience within a physical location such as a hotel.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The Global Smart Hospitality Market is witnessing significant growth in the near future.
In 2023, the Software segment accounted for noticeable share of global Smart Hospitality Market and is projected to experience significant growth in the near future.
The Hotels segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Schneider Electric (Rueil-Malmaison France), IBM Corporation (New York-U.S.) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Software, Services |
Application | Hotels, Cruises, Luxury Yachts |
Deployment Mode | On-premise, Cloud |
Hotel Type | Business Hotels, Heritage & Boutique Hotels, Resorts & Spas |
List of Competitors | Schneider Electric (Rueil-Malmaison France), Siemens (Munich-Germany), IBM Corporation (New York-U.S.), BuildingIQ (California-U.S), Honeywell International (New Jersey-U.S.), Winhotel Solutions (Balearic Islands-Spain), Cisco Systems (San Jose-U.S.), Oracle Corporation (California-U.S.), Huawei Technologies (Shenzhen-China), Johnson Controls (Wisconsin-U.S.), NEC Corporation (Tokyo-Japan), Infor (New York-U.S.) |
This chapter will help you gain GLOBAL Market Analysis of Smart Hospitality. Further deep in this chapter, you will be able to review Global Smart Hospitality Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Smart Hospitality. Further deep in this chapter, you will be able to review North America Smart Hospitality Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Smart Hospitality. Further deep in this chapter, you will be able to review Europe Smart Hospitality Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Smart Hospitality. Further deep in this chapter, you will be able to review Asia Pacific Smart Hospitality Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Smart Hospitality. Further deep in this chapter, you will be able to review South America Smart Hospitality Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Smart Hospitality. Further deep in this chapter, you will be able to review Middle East Smart Hospitality Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Smart Hospitality. Further deep in this chapter, you will be able to review Middle East Smart Hospitality Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Smart Hospitality. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Deployment Mode Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Hotel Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Smart Hospitality market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Software have a significant impact on Smart Hospitality market? |
What are the key factors affecting the Software and Services of Smart Hospitality Market? |
What is the CAGR/Growth Rate of Hotels during the forecast period? |
By type, which segment accounted for largest share of the global Smart Hospitality Market? |
Which region is expected to dominate the global Smart Hospitality Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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