Global Smart Hospitality Market to Reach $153.3 Billion by 2030
The global market for Smart Hospitality estimated at US$33.3 Billion in the year 2022, is projected to reach a revised size of US$153.3 Billion by 2030, growing at a CAGR of 21% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 19.4% CAGR and reach US$91 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 23.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $9.9 Billion, While China is Forecast to Grow at 20.4% CAGR
The Smart Hospitality market in the U.S. is estimated at US$9.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26.4 Billion by the year 2030 trailing a CAGR of 20.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.2% and 17% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.9% CAGR.Select Competitors (Total 33 Featured) -
- 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
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 33.3 Billion |
Forecasted Market Value ( USD | $ 153.3 Billion |
Compound Annual Growth Rate | 21.0% |
Regions Covered | Global |