Press release
Guest Room Management System Market to Expand at CAGR of 9.9% by 2033 with Rising Demand for Smart Hospitality Solutions
Guest Room Management System Market
Market Size & Insights
The guest room management system market has become a vital component of modern hospitality infrastructure, enabling hotels, resorts, and serviced apartments to deliver personalized and energy-efficient experiences. The guest room management system market is valued at approximately USD 4.1 billion in 2024 and is anticipated to reach around USD 10.7 billion by 2033, showcasing strong adoption trends across both luxury and mid-tier hospitality segments.
GRMS solutions integrate lighting, HVAC, shading, entertainment, and access controls into a centralized platform, allowing guests to manage their room environment with ease. Hotels benefit significantly through reduced operational costs, enhanced energy savings, and improved service delivery. The adoption of GRMS is also aligned with global sustainability goals, as these systems can reduce energy consumption by optimizing heating, cooling, and lighting usage.
The growth of international tourism, coupled with rising consumer expectations for convenience and personalization, is fueling rapid demand. Additionally, the shift toward contactless technologies after the pandemic has further accelerated GRMS adoption, as hotels increasingly implement mobile applications and voice-enabled controls. Emerging innovations such as AI-driven predictive maintenance and IoT-enabled room analytics are shaping the future of GRMS solutions, making them indispensable in the global hospitality landscape.
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Important Points
• Rising adoption of smart room automation across luxury and mid-tier hotels.
• Increasing demand for energy-efficient and eco-friendly hospitality solutions.
• Growing role of IoT and AI in guest experience personalization.
• Enhanced need for contactless guest interactions and mobile control systems.
• Strong focus on sustainability and green building certifications in the hospitality sector.
• Expanding adoption of GRMS in emerging tourism markets.
Key Factors Driving the Future Growth of the Guest Room Management System Market
• Increasing global tourism and hospitality industry expansion.
• Rising guest expectations for comfort, convenience, and personalization.
• Government regulations promoting sustainable energy usage in buildings.
• Growing adoption of cloud-based and mobile-controlled GRMS platforms.
• Technological advancements in IoT, AI, and voice-based controls.
• Expansion of luxury hotels, resorts, and boutique accommodations worldwide.
Top 10 Market Companies
• Honeywell International Inc.
• Schneider Electric SE
• Siemens AG
• ABB Ltd.
• Lutron Electronics Co., Inc.
• Interel
• Control4 Corporation
• Legrand
• Crestron Electronics
• Johnson Controls International plc
Market Segments
By Component:
o Hardware
o Software
o Services
By System Type:
o Lighting Control system
o HVAC Control system
o Access & Security Control system
o Entertainment & Connectivity system
o Others
By Connectivity:
o Wired system
o Wireless system
By End-User:
o Luxury Hotels
o Mid-Range Hotels
o Budget Hotels
o Resorts & Serviced Apartments
o Others
By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa
Recent Developments
• Launch of AI-driven GRMS platforms integrating predictive maintenance.
• Expansion of cloud-based guest room automation solutions for mid-scale hotels.
• Partnerships between GRMS providers and hospitality chains to enhance guest experience.
• Introduction of mobile and voice-enabled room control features for contactless services.
• Development of modular GRMS platforms to enable scalability and easy upgrades.
• Rising investment in eco-friendly and energy-saving GRMS technologies.
Regional Insights
North America currently leads the guest room management system market, driven by advanced hospitality infrastructure, early technology adoption, and a strong presence of global hotel chains. Europe follows closely, with rising demand for energy-efficient solutions aligned with sustainability regulations. Asia-Pacific is projected to witness the highest CAGR, fueled by booming tourism in China, India, Thailand, and Indonesia, alongside the expansion of international hotel brands. Latin America and the Middle East & Africa are emerging growth markets, supported by rising tourism investments and the development of luxury resorts.
Market Outlook
The guest room management system market is poised for substantial growth in the coming years, fueled by the convergence of hospitality innovation, sustainability requirements, and evolving consumer expectations. Hotels are no longer viewing GRMS as optional but as a critical investment to remain competitive in an increasingly digital-first world.
By 2033, GRMS platforms are expected to evolve into fully integrated ecosystems, combining AI-driven personalization, IoT-enabled analytics, and energy optimization tools. Guests will experience seamless comfort, from mobile-based check-ins to intelligent lighting and climate control that adapt automatically to individual preferences. For hoteliers, the focus will be on reducing operational costs, ensuring regulatory compliance, and achieving green certifications through sustainable building practices.
The rise of boutique hotels and serviced apartments will further expand market opportunities, as smaller hospitality players adopt scalable and cloud-based GRMS solutions to enhance competitiveness. Moreover, the expansion of smart city initiatives and luxury tourism projects worldwide will ensure continuous demand.
In conclusion, the guest room management system market is set to redefine the global hospitality experience, empowering hotels to deliver enhanced guest satisfaction while achieving energy efficiency and operational excellence. With innovation, sustainability, and personalization at its core, GRMS will remain a transformative force in the hospitality industry over the next decade.
Contact:
Ajay N
Ph: +1-970-633-3460
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Company Name: DataHorizzon Research
Address: North Mason Street, Fort Collins,
Colorado, United States.
Mail: sales@datahorizzonresearch.com
DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR's comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.
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