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Smart Hospitality Market Forecast by 2026 By Top Key Players Like - NEC Corporation, Huawei Technologies, IBM Corporation, Cisco Systems, Schneider Electric, Siemens AG

04-13-2020 11:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Study Report LLC

Market Study Report Provides A Detailed Overview of Smart Hospitality Market with Respect to The Pivotal Drivers Influencing the Revenue Graph of This Business Sphere. The Current Trends of Smart Hospitality Market in Conjunction with The Geographical Landscape, Demand Spectrum, Remuneration Scale, And Growth Graph of This Vertical Have Also Been Included In This Report.

Global Smart Hospitality Market is valued approximately at USD 9.13 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 25.65% over the forecast period 2019-2026. Energy management systems, adoption of IoT, demand for guest experience management in real-time are the key factors for the growth of the market. Further, low cost of operation and attractive revenue growth are the factors inviting the industry players to adopt smart hospitality. Additionally, growing cloud based IoT platforms and unexplored concept of BYOD (bring your own device) applications are expected to drive the market. However, the complexities involved with the integration of present networks and legacy system will limit the market growth. High initial cost of deployment and limited availability of technically skilled personnel will inhibit the hospitality in the active adoption of smart hospitality.

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The regional analysis of global Smart Hospitality Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the widespread internet infrastructure, technological advancements and active adoption of new technologies. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as the rising number of initiatives by the private companies to promote automated processes in the hospitality industry in emerging countries such as India and China that would create lucrative growth opportunities for the Smart Hospitality market across the region.

Major market player included in this report are:
o NEC Corporation
o Huawei Technologies Co. Ltd
o IBM Corporation
o Cisco Systems, Inc.
o Schneider Electric Se
o Siemens AG
o Johnson Controls
o Honeywell International, Inc.
o Winhotel Solution S.L.
o Oracle Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
o By Software
o By Service

By Hotel Type:
o Business Hotels
o Heritage and Boutique Hotels
o Resorts and Spas
o Others

By Deployment Model:
o On-Premises
o On-Demand

Furthermore, years considered for the study are as follows:
Historical year âEUR" 2016, 2017
Base year âEUR" 2018
Forecast period âEUR" 2019 to 2026

Target Audience of the Global Smart Hospitality Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
o Investors

Request a discount on standard prices of this premium report titled Global Smart Hospitality Market 2019-2026 at https://www.marketstudyreport.com/check-for-discount/2456392?utm_source=openpr.com&utm_medium=Ram

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Smart Hospitality Market, by Type, 2017-2026 (USD Billion)
1.2.2. Smart Hospitality Market, by Hotel Type, 2017-2026 (USD Billion)
1.2.3. Smart Hospitality Market, by Deployment Model, 2017-2026 (USD Billion)
1.2.4. Smart Hospitality Market, by Region, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Hospitality Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Sensor Type Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Hospitality Market Dynamics
3.1. Smart Hospitality Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Smart Hospitality Market Sensor Type Analysis
4.1. PorterâEUR(TM)s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to PorterâEUR(TM)s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Hospitality Market, by Type
5.1. Market Snapshot
5.2. Global Smart Hospitality Market by Type, Performance - Potential Analysis
5.3. Global Smart Hospitality Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Smart Hospitality Market, Sub Segment Analysis
5.4.1. By Software
5.4.2. By Service
Chapter 6. Global Smart Hospitality Market, by Hotel Type
6.1. Market Snapshot
6.2. Global Smart Hospitality Market by Hotel Type, Performance - Potential Analysis
6.3. Global Smart Hospitality Market Estimates & Forecasts by Hotel Type, 2016-2026 (USD Billion)
6.4. Smart Hospitality Market, Sub Segment Analysis
6.4.1. Business Hotels
6.4.2. Heritage and Boutique Hotels
6.4.3. Resorts and Spas
6.4.4. Others
Chapter 7. Global Smart Hospitality Market, by Deployment Model
7.1. Market Snapshot
7.2. Global Smart Hospitality Market by Deployment Model, Performance - Potential Analysis
7.3. Global Smart Hospitality Market Estimates & Forecasts by Deployment Model, 2016-2026 (USD Billion)
7.4. Smart Hospitality Market, Sub Segment Analysis
7.4.1. On-Premises
7.4.2. On-Demand
Chapter 8. Global Smart Hospitality Market, Regional Analysis
8.1. Smart Hospitality Market, Regional Market Snapshot
8.2. North America Smart Hospitality Market
8.2.1. U.S. Smart Hospitality Market
8.2.1.1. Type breakdown estimates & forecasts, 2016-2026
8.2.1.2. Hotel Type breakdown estimates & forecasts, 2016-2026
8.2.1.3. Deployment Model breakdown estimates & forecasts, 2016-2026
8.2.2. Canada Smart Hospitality Market
8.3. Europe Smart Hospitality Market Snapshot
8.3.1. U.K. Smart Hospitality Market
8.3.2. Rest of Europe Smart Hospitality Market
8.4. Asia-Pacific Smart Hospitality Market Snapshot
8.4.1. China Smart Hospitality Market
8.4.2. India Smart Hospitality Market
8.4.3. Japan Smart Hospitality Market
8.4.4. Rest of Asia Pacific Smart Hospitality Market
8.5. Latin America Smart Hospitality Market Snapshot
8.5.1. Brazil Smart Hospitality Market
8.5.2. Mexico Smart Hospitality Market
8.6. Rest of The World Smart Hospitality Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. NEC Corporation
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject To Data Availability)
9.2.1.4. Sensor Type Summary
9.2.1.5. Recent Developments
9.2.2. Huawei Technologies Co.Ltd
9.2.3. IBM Corporation
9.2.4. Cisco Systems, Inc.
9.2.5. Schneider Electric Se
9.2.6. Siemens AG
9.2.7. Johnson Controls
9.2.8. Honeywell International, Inc.
9.2.9. Winhotel Solution S.L.
9.2.10. Oracle Corporation
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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