|10-16-2018 04:59 PM CET - Industry, Real Estate & Construction||
Global Smart Hospitality Market 2018 Analysis By Focuses On Top Players of industry like IBM, Oracle, NEC Technologies India Pvt Ltd., Winhotel Solution, Honeywell, Johnson Controls, Siemens, Schneider Electric, Cisco, Huawei Technologies
Press release from: Data Bridge Market Research
According to the Smart Hospitality Market report, the global market is expected to witness a relatively higher growth rate during the forecast period. The Report also calculate the market size, the report considers the revenue generated from the sales of this Report and technologies by various application segments. The Smart Hospitality market Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. The report provides key statistics on the market status of Global and Regional Smart Hospitality manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The Global Smart Hospitality Market accounted for USD 5.6 billion in 2016 growing at a CAGR of 25.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Smart Hospitality Market By Geography, Software (Hotel Operation Management System, Integrated Security System, Hotel Building Automation System, Guest Service Management System, Integrated Communication Technology Solutions), Service (Professional Services, Managed Services), Hotel Type, Deployment Model – Industry Trends and Forecast to 2024
TOP Competitors of Market:
• IBM Corporation,
• Cisco Systems, Inc.,
• Huawei Technologies Co., Ltd.,
• NEC India Pvt. Ltd.,
• Winhotel Solution,
• Honeywell International Inc.,
• Johnson Controls.,
• Siemens AG,
• Schneider Electric
• among others.
Company Share Analysis:
The report for Smart Hospitality Market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Objective of the Report
To analyze strategies/developments such as collaborations, agreements, partnerships, mergers and acquisitions, and product launches and developments in the Smart Hospitality market
Exhaustive information about new products, untapped geographies, recent developments, and investments in the Smart Hospitality market.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Smart Hospitality Market
The key findings and recommendations highlight crucial progressive industry trends in the Smart Hospitality Market, thereby allowing players to develop effective long term strategies
To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
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Major Market Drivers & Restraints:
• Increasing Demand for Real-Time Optimized Guest Experience Management
• Attractive Revenue Growth and Low Operational Costs
• Increasing Adoption of Iot and Energy Management Systems
• High Initial Cost of Deployment
• Limited Availability of Technically-Skilled Personnel
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Global Smart Hospitality Market is segmented on the basis of software:- Hotel operation management system, integrated security system, hotel building automation system, guest service management system, integrated communication technology solutions.
On the basis of service:- Professional services and managed services.
On the basis of hotel type:- Business hotels, heritage & boutique hotels, resorts & spas and others.
On the basis of deployment model: On-premises and on-demand.
On the basis of geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
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