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Housekeeping Platform Market Demand, Analysis, Size, Share And Forecast Report 2024 To 2033
The Business Research Company recently released a comprehensive report on the Global Housekeeping Platform Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.According to The Business Research Company's, The housekeeping platform market size has grown rapidly in recent years. It will grow from $3.74 billion in 2023 to $4.19 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to increased demand for efficiency, heightened focus on customer experience in the hospitality industry, shift towards automation, rise in the globalization of the hospitality industry, and rise in regulatory compliance requirements.
The housekeeping platform market size is expected to see rapid growth in the next few years. It will grow to $6.67 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period can be attributed to the expansion of the Internet of Things (IoT) and smart technologies, the rise in emphasis on contactless solutions, the increasing focus on sustainability in the hospitality industry, the shift towards hybrid work models and remote operations in the hospitality industry. Major trends in the forecast period include the integration of AI and machine learning technologies, IoT integration within housekeeping platforms, the development of contactless solutions within housekeeping platforms, and the development of smart technologies within the hospitality industry.
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Market Drivers and Trends:
An increasing number of tourists is expected to propel the growth of the housekeeping platform market going forward. Tourists are people who travel outside their usual environment for leisure, recreation, or business purposes. The growth in tourism can be attributed to several factors, such as improved accessibility, economic conditions, globalization, cultural exchange, and demographic changes. Housekeeping platforms optimize and enhance the stay experience for tourists by providing efficient and reliable services, ensuring cleanliness, comfort, and convenience during their travels. For instance, in May 2023, according to the World Tourism Organization, a Spain-based specialized agency, international tourism receipts reached $1 trillion in 2022, growing by 50% in real terms compared to 2021. Furthermore, an estimated 235 million tourists traveled internationally in the first quarter of 2023, which is more than double the same period in 2022. Therefore, an increasing number of tourists is driving the growth of the housekeeping platform market.
Major companies operating in the housekeeping platform market are focusing on developing advanced technological solutions, such as housekeeping management software, to sustain their position in the market. Housekeeping management software refers to computer programs or applications designed to streamline and optimize the management of housekeeping operations in various establishments, such as hotels, resorts, vacation rentals, and other hospitality businesses. For instance, in June 2022, RoomRaccoon, a Netherlands-based company specializing in hotel management software, launched RaccoonHousekeeping, a new housekeeping management software integrated into RoomRaccoon's cloud-based Hotel Management System (HMS). This software is designed to streamline hotel operations by digitizing manual processes, improving team communication, and enhancing efficiency in assigning and tracking housekeeping tasks. RaccoonHousekeeping offers features such as real-time task assignment, smart task scheduling, forecasting reports, and a mobile view for housekeeping teams.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Amadeus Hospitality Americas Inc., The Cleaning Authority LLC, TaskRabbit Inc., Thumbtack Inc., Housecall Pro Inc., Housekeep Ltd., Helpling GmbH, Handy Technologies Inc., Hotelogix Limited, Quore Systems LLC, Tidy Services Inc., SweepSouth Pty Ltd, Knowcross Solutions Pvt. Ltd., MyClean Inc., TidyMe Pty Ltd., Leviy B.V., Properly Inc., TidyChoice Ltd, Hibox Systems Oy, RoomChecking, Flexkeeping Ltd., Maid Simple Franchise LLC, Maideasy Software Sdn Bhd, Hux Inc.
Housekeeping Platform Market 2024 Key Insights:
• The housekeeping platform market size is expected to see rapid growth in the next few years. It will grow to $6.67 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%.
• Tourism Boom Fuels Housekeeping Platform Market Growth
• Innovating Hospitality Is Revolutionizing Housekeeping With Real-Time Task Assignments
• North America was the largest region in the housekeeping platform market in 2023
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The Business Research Company (https://www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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