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Key Trends Shaping the Future Hotel Automation System Market From 2025-2034: Technological Advancements In Hotel Upselling Solutions Drive Revenue And Efficiency
Hotel Automation System Market
The hotel automation system market is anticipated to expand as tourism and hospitality industries grow. Factors such as higher disposable incomes and advancements in travel technologies are increasing travel and leisure. Hotel automation systems streamline guest services and improve operational efficiency. For instance, in 2022, hotel occupancy in the U.S. rose by 9%, with projections indicating further growth. The booming tourism and hospitality industries are driving demand for hotel automation systems.
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What Is the projected market size and growth rate for the hotel automation system market?
The hotel automation system market is forecasted to grow from $18.52 billion in 2024 to $19.77 billion in 2025 at a CAGR of 6.8%. Growth is fueled by operational efficiency needs, cloud adoption, enhanced guest experiences, IoT and AI integration, regulatory compliance, online booking expansion, and sustainability.
The Hotel Automation System Market is set to reach $25.43 billion by 2029, growing at a CAGR of 6.5%. Growth is driven by digital transformation, demand for predictive analytics, enhanced data security, and mobile app integration. Key trends include AI advancements, IoT-enabled smart hotel rooms, robotics in guest services, blockchain for secure transactions, and AR/VR experiences.
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What new trends are reshaping the hotel automation system market and its opportunities?
Companies in the hotel automation system market are focusing on data analytics for personalized solutions, such as hotel upselling software, to enhance guest satisfaction and boost revenue. In April 2023, Oaky, a company specializing in hotel upselling software, introduced a front desk upsell automation tool. This solution helps hotel front desk agents increase revenue by providing real-time recommendations during check-ins and streamlining the upselling process through dynamic pricing and segmentation.
What major market segments define the scope and growth of the hotel automation system market?
The hotel automation system market covered in this report is segmented -
1) By Type: Software, Hardware
2) By Deployment Type: Cloud Based, On Premises
3) By Application: Independent Hotel, Chain Hotel
Subsegments:
1) By Software: Property Management Systems (PMS), Booking And Reservation Systems, Channel Management Software, Revenue Management Systems (RMS), Guest Engagement And Mobile Apps, Point Of Sale (POS) Systems, Energy Management Software, Security And Surveillance Software
2) By Hardware: Room Control Systems, Keyless Entry Systems, In-Room Entertainment Systems, Self-Check-In Kiosks, Energy Management Devices, Digital Signage And Displays, Security Hardware
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Which region dominates the hotel automation system market?
North America was the largest region in the hotel automation system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hotel automation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the hotel automation system industry growth?
Major companies operating in the hotel automation system market are Oracle Corporation, Infor Hospitality Solutions, Sabre GLBL Inc., Urmet SpA, ASSA ABLOY Global Solutions, Pacific Controls, Agilysys Inc., Guestline Ltd., Maestro PMS, MSI Solutions, Springer-Miller Systems (SMS), protel hotelsoftware GmbH, SkyTouch Technology, Hotelogix Inc., StayNTouch Inc., RMS Cloud, InnQuest Software Corporation, RoomRaccoon Hotel Tech, Rezlynx by Guestline, SuitePad GmbH, Quore Systems LLC, BuildTrack, Frontdesk Anywhere, Clock Software Ltd., Hotello by Mingus Software Inc., StayFlexi Inc., Fastnet IoT, AutoClerk Inc., RoomKeyPMS
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What Is Covered In The Hotel Automation System Global Market Report?
•Market Size Forecast: Examine the hotel automation system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the hotel automation system market for a structured understanding.
•Key Players Overview: Analyze major players in the hotel automation system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hotel automation system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the hotel automation system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hotel automation system market.
•Industry Challenges: Identify potential risks and obstacles affecting the hotel automation system market.
•Competitive Landscape: Review strategic developments in the hotel automation system market, including expansions, agreements, and new product launches.
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