Press release
2028 Smart Hospitality Industry Report Growth Forecasts
Stratistics MRC's Global Smart Hospitality Market value expected to reach $73.68 billion growing at a CAGR of 23.7% during 2020-2028.Hospitality refers to the integration of technology such as automated software and smart solutions for hospitality. It enables hotels to enhance their guest experience and increase revenue with digital In-room entertainment systems. It is widely used in hotels & cruises. It provides HD free-to-guest channels, Interactive TV, IPTV services and Wi-Fi for hotels. It helps to reduce the cost and also improves the efficiency of staff and gives a unique experience to the guest so which they want to come again.
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On the basis of geography, Europe region is expected to have considerable market growth during the forecast period, owing to the technological advancements, rising tourism industry in the region, robust internet infrastructure, and inclination towards IoT.
Some of the key players in Smart Hospitality Market include Cisco Systems, Inc., NEC Corporation, Siemens AG, Johnson Controls, CONTROL4 Corporation, Honeywell International, Oracle Corporation, Samsung, Schneider Electric, Qualsoft Systems Pvt. Ltd., Huawei Technologies, Infor, Inc., IBM Corporation, Winhotel Solution SL, Buildingiq Inc., Mitel Networks Corp., Peach Technologies Ltd, and Blazon Hotels.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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