Smart Hospitality Market By Component, By Solution Type, By Deployment Mode, By Application : Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The smart hotel room or smart suite enables customers to easily manage their accommodations from a distance. For instance, a visitor can lock the hotel door, draw and open the curtains, mute the TV, and adjust the lighting. Smart hotel technology may enhance the visitor's stay and encourage their return. Furthermore, from the standpoint of a hotel owner, the increased sustainability potential is one of the main benefits of a smart hotel room. The automation that the Internet of Things provides can help with this because it relates primarily to energy-saving opportunities within the rooms.

Growth in tourism and an increase in investments in hotel projects and a surge in demand for real-time optimized guest experience management are driving the growth of the market. In addition, the rapid adoption of advanced technologies like IoT and energy management systems globally is fueling the growth of the smart hospitality market. However, high implementation, maintenance & training cost, and data security and information sharing threats limit the growth of this market. Conversely, evolving 5G to transform the smart hospitality industry is anticipated to provide numerous opportunities for the expansion of the market during the forecast period.

The global smart hospitality market is segmented into component, solution type, deployment mode, application, and region. Depending on the component, the market is divided into solution and services. Based on solution type, it is categorized into hotel operation management, hotel automation management, guest service management system, security management system, and others. By Deployment mode, it is divided into on-premises and cloud. Based on application, it is bifurcated into hotels, cruises, luxury yachts, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global smart hospitality market is dominated by key players such as Cisco Systems, Inc., Honeywell International Inc., Huawei Technologies Co., Ltd., IBM CORPORATION, Infor, Johnson Controls, NEC CORPORATION, Oracle Corporation, Schneider Electric and Siemens AG. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the global smart hospitality market forecast along with the current & future trends to explain the imminent investment pockets.
information about key drivers, restraints, & opportunities and their impact analysis on global smart hospitality market trends is provided in the report.
Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2022 to 2031 is provided to determine the market potential.

Key Market Segments

By Solution Type

Hotel Operation Management
Hotel Automation Management
Guest Service Management System
Security Management System
Others

By Component

Solution
Services

By Application

Hotels
Cruises
Luxury Yachts
Others

By Deployment Mode

On-Premise
Cloud

By Region

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Infor
- Oracle Corporation
- Cisco Systems, Inc.
- Honeywell International Inc.
- Huawei Technologies Co., Ltd.
- IBM CORPORATION
- NEC CORPORATION
- Schneider Electric
- Siemens AG
- Johnson Controls

Product Code: A08160

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Market dynamics
- 3.4.1.Drivers
  - 3.4.1.1. Growth in tourism and an increase in investments in hotels projects
  - 3.4.1.2. Surge in demand for real-time optimized guest experience management
  - 3.4.1.3. Rapid adoption of advanced technologies like IoT and energy management systems globally
- 3.4.2.Restraints
  - 3.4.2.1. High implementation, maintenance, and training cost
  - 3.4.2.2. Data security and information sharing threats
- 3.4.3.Opportunities
  - 3.4.3.1. Evolving 5G to transform the smart hospitality industry
3.5.COVID-19 Impact Analysis on the market

CHAPTER 4: SMART HOSPITALITY MARKET, BY COMPONENT

4.1 Overview
- 4.1.1 Market size and forecast
4.2. Solution
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
4.3. Services
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country

CHAPTER 5: SMART HOSPITALITY MARKET, BY SOLUTION TYPE

5.1 Overview
- 5.1.1 Market size and forecast
5.2. Hotel Operation Management
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
5.3. Hotel Automation Management
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
5.4. Guest Service Management System
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
5.5. Security Management System
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market share analysis by country
5.6. Others
- 5.6.1 Key market trends, growth factors and opportunities
- 5.6.2 Market size and forecast, by region
- 5.6.3 Market share analysis by country

CHAPTER 6: SMART HOSPITALITY MARKET, BY DEPLOYMENT MODE

6.1 Overview
- 6.1.1 Market size and forecast
6.2. On-Premise
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
6.3. Cloud
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country

CHAPTER 7: SMART HOSPITALITY MARKET, BY APPLICATION

7.1 Overview
- 7.1.1 Market size and forecast
7.2. Hotels
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market share analysis by country
7.3. Cruises
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market share analysis by country
7.4. Luxury Yachts
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market share analysis by country
7.5. Others
- 7.5.1 Key market trends, growth factors and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market share analysis by country

CHAPTER 8: SMART HOSPITALITY MARKET, BY REGION

8.1 Overview
- 8.1.1 Market size and forecast
8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 North America Market size and forecast, by Component
- 8.2.3 North America Market size and forecast, by Solution Type
- 8.2.4 North America Market size and forecast, by Deployment Mode
- 8.2.5 North America Market size and forecast, by Application
- 8.2.6 North America Market size and forecast, by country
  - 8.2.6.1 U.S.
  - 8.2.6.1.1 Key market trends, growth factors and opportunities
  - 8.2.6.1.2 Market size and forecast, by Component
  - 8.2.6.1.3 Market size and forecast, by Solution Type
  - 8.2.6.1.4 Market size and forecast, by Deployment Mode
  - 8.2.6.1.5 Market size and forecast, by Application
  - 8.2.6.2 Canada
  - 8.2.6.2.1 Key market trends, growth factors and opportunities
  - 8.2.6.2.2 Market size and forecast, by Component
  - 8.2.6.2.3 Market size and forecast, by Solution Type
  - 8.2.6.2.4 Market size and forecast, by Deployment Mode
  - 8.2.6.2.5 Market size and forecast, by Application
8.3 Europe
- 8.3.1 Key trends and opportunities
- 8.3.2 Europe Market size and forecast, by Component
- 8.3.3 Europe Market size and forecast, by Solution Type
- 8.3.4 Europe Market size and forecast, by Deployment Mode
- 8.3.5 Europe Market size and forecast, by Application
- 8.3.6 Europe Market size and forecast, by country
  - 8.3.6.1 UK
  - 8.3.6.1.1 Key market trends, growth factors and opportunities
  - 8.3.6.1.2 Market size and forecast, by Component
  - 8.3.6.1.3 Market size and forecast, by Solution Type
  - 8.3.6.1.4 Market size and forecast, by Deployment Mode
  - 8.3.6.1.5 Market size and forecast, by Application
  - 8.3.6.2 Germany
  - 8.3.6.2.1 Key market trends, growth factors and opportunities
  - 8.3.6.2.2 Market size and forecast, by Component
  - 8.3.6.2.3 Market size and forecast, by Solution Type
  - 8.3.6.2.4 Market size and forecast, by Deployment Mode
  - 8.3.6.2.5 Market size and forecast, by Application
  - 8.3.6.3 France
  - 8.3.6.3.1 Key market trends, growth factors and opportunities
  - 8.3.6.3.2 Market size and forecast, by Component
  - 8.3.6.3.3 Market size and forecast, by Solution Type
  - 8.3.6.3.4 Market size and forecast, by Deployment Mode
  - 8.3.6.3.5 Market size and forecast, by Application
  - 8.3.6.4 Italy
  - 8.3.6.4.1 Key market trends, growth factors and opportunities
  - 8.3.6.4.2 Market size and forecast, by Component
  - 8.3.6.4.3 Market size and forecast, by Solution Type
  - 8.3.6.4.4 Market size and forecast, by Deployment Mode
  - 8.3.6.4.5 Market size and forecast, by Application
  - 8.3.6.5 Spain
  - 8.3.6.5.1 Key market trends, growth factors and opportunities
  - 8.3.6.5.2 Market size and forecast, by Component
  - 8.3.6.5.3 Market size and forecast, by Solution Type
  - 8.3.6.5.4 Market size and forecast, by Deployment Mode
  - 8.3.6.5.5 Market size and forecast, by Application
  - 8.3.6.6 Rest of Europe
  - 8.3.6.6.1 Key market trends, growth factors and opportunities
  - 8.3.6.6.2 Market size and forecast, by Component
  - 8.3.6.6.3 Market size and forecast, by Solution Type
  - 8.3.6.6.4 Market size and forecast, by Deployment Mode
  - 8.3.6.6.5 Market size and forecast, by Application
8.4 Asia-Pacific
- 8.4.1 Key trends and opportunities
- 8.4.2 Asia-Pacific Market size and forecast, by Component
- 8.4.3 Asia-Pacific Market size and forecast, by Solution Type
- 8.4.4 Asia-Pacific Market size and forecast, by Deployment Mode
- 8.4.5 Asia-Pacific Market size and forecast, by Application
- 8.4.6 Asia-Pacific Market size and forecast, by country
  - 8.4.6.1 China
  - 8.4.6.1.1 Key market trends, growth factors and opportunities
  - 8.4.6.1.2 Market size and forecast, by Component
  - 8.4.6.1.3 Market size and forecast, by Solution Type
  - 8.4.6.1.4 Market size and forecast, by Deployment Mode
  - 8.4.6.1.5 Market size and forecast, by Application
  - 8.4.6.2 India
  - 8.4.6.2.1 Key market trends, growth factors and opportunities
  - 8.4.6.2.2 Market size and forecast, by Component
  - 8.4.6.2.3 Market size and forecast, by Solution Type
  - 8.4.6.2.4 Market size and forecast, by Deployment Mode
  - 8.4.6.2.5 Market size and forecast, by Application
  - 8.4.6.3 Japan
  - 8.4.6.3.1 Key market trends, growth factors and opportunities
  - 8.4.6.3.2 Market size and forecast, by Component
  - 8.4.6.3.3 Market size and forecast, by Solution Type
  - 8.4.6.3.4 Market size and forecast, by Deployment Mode
  - 8.4.6.3.5 Market size and forecast, by Application
  - 8.4.6.4 Australia
  - 8.4.6.4.1 Key market trends, growth factors and opportunities
  - 8.4.6.4.2 Market size and forecast, by Component
  - 8.4.6.4.3 Market size and forecast, by Solution Type
  - 8.4.6.4.4 Market size and forecast, by Deployment Mode
  - 8.4.6.4.5 Market size and forecast, by Application
  - 8.4.6.5 South Korea
  - 8.4.6.5.1 Key market trends, growth factors and opportunities
  - 8.4.6.5.2 Market size and forecast, by Component
  - 8.4.6.5.3 Market size and forecast, by Solution Type
  - 8.4.6.5.4 Market size and forecast, by Deployment Mode
  - 8.4.6.5.5 Market size and forecast, by Application
  - 8.4.6.6 Rest of Asia-Pacific
  - 8.4.6.6.1 Key market trends, growth factors and opportunities
  - 8.4.6.6.2 Market size and forecast, by Component
  - 8.4.6.6.3 Market size and forecast, by Solution Type
  - 8.4.6.6.4 Market size and forecast, by Deployment Mode
  - 8.4.6.6.5 Market size and forecast, by Application
8.5 LAMEA
- 8.5.1 Key trends and opportunities
- 8.5.2 LAMEA Market size and forecast, by Component
- 8.5.3 LAMEA Market size and forecast, by Solution Type
- 8.5.4 LAMEA Market size and forecast, by Deployment Mode
- 8.5.5 LAMEA Market size and forecast, by Application
- 8.5.6 LAMEA Market size and forecast, by country
  - 8.5.6.1 Latin America
  - 8.5.6.1.1 Key market trends, growth factors and opportunities
  - 8.5.6.1.2 Market size and forecast, by Component
  - 8.5.6.1.3 Market size and forecast, by Solution Type
  - 8.5.6.1.4 Market size and forecast, by Deployment Mode
  - 8.5.6.1.5 Market size and forecast, by Application
  - 8.5.6.2 Middle East
  - 8.5.6.2.1 Key market trends, growth factors and opportunities
  - 8.5.6.2.2 Market size and forecast, by Component
  - 8.5.6.2.3 Market size and forecast, by Solution Type
  - 8.5.6.2.4 Market size and forecast, by Deployment Mode
  - 8.5.6.2.5 Market size and forecast, by Application
  - 8.5.6.3 Africa
  - 8.5.6.3.1 Key market trends, growth factors and opportunities
  - 8.5.6.3.2 Market size and forecast, by Component
  - 8.5.6.3.3 Market size and forecast, by Solution Type
  - 8.5.6.3.4 Market size and forecast, by Deployment Mode
  - 8.5.6.3.5 Market size and forecast, by Application

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021

CHAPTER 10: COMPANY PROFILES

10.1 Infor
- 10.1.1 Company overview
- 10.1.2 Key Executives
- 10.1.3 Company snapshot
- 10.1.4 Operating business segments
- 10.1.5 Product portfolio
- 10.1.6 Business performance
- 10.1.7 Key strategic moves and developments
10.2 Oracle Corporation
- 10.2.1 Company overview
- 10.2.2 Key Executives
- 10.2.3 Company snapshot
- 10.2.4 Operating business segments
- 10.2.5 Product portfolio
- 10.2.6 Business performance
- 10.2.7 Key strategic moves and developments
10.3 Cisco Systems, Inc.
- 10.3.1 Company overview
- 10.3.2 Key Executives
- 10.3.3 Company snapshot
- 10.3.4 Operating business segments
- 10.3.5 Product portfolio
- 10.3.6 Business performance
- 10.3.7 Key strategic moves and developments
10.4 Honeywell International Inc.
- 10.4.1 Company overview
- 10.4.2 Key Executives
- 10.4.3 Company snapshot
- 10.4.4 Operating business segments
- 10.4.5 Product portfolio
- 10.4.6 Business performance
- 10.4.7 Key strategic moves and developments
10.5 Huawei Technologies Co., Ltd.
- 10.5.1 Company overview
- 10.5.2 Key Executives
- 10.5.3 Company snapshot
- 10.5.4 Operating business segments
- 10.5.5 Product portfolio
- 10.5.6 Business performance
- 10.5.7 Key strategic moves and developments
10.6 IBM CORPORATION
- 10.6.1 Company overview
- 10.6.2 Key Executives
- 10.6.3 Company snapshot
- 10.6.4 Operating business segments
- 10.6.5 Product portfolio
- 10.6.6 Business performance
- 10.6.7 Key strategic moves and developments
10.7 NEC CORPORATION
- 10.7.1 Company overview
- 10.7.2 Key Executives
- 10.7.3 Company snapshot
- 10.7.4 Operating business segments
- 10.7.5 Product portfolio
- 10.7.6 Business performance
- 10.7.7 Key strategic moves and developments
10.8 Schneider Electric
- 10.8.1 Company overview
- 10.8.2 Key Executives
- 10.8.3 Company snapshot
- 10.8.4 Operating business segments
- 10.8.5 Product portfolio
- 10.8.6 Business performance
- 10.8.7 Key strategic moves and developments
10.9 Siemens AG
- 10.9.1 Company overview
- 10.9.2 Key Executives
- 10.9.3 Company snapshot
- 10.9.4 Operating business segments
- 10.9.5 Product portfolio
- 10.9.6 Business performance
- 10.9.7 Key strategic moves and developments
10.10 Johnson Controls
- 10.10.1 Company overview
- 10.10.2 Key Executives
- 10.10.3 Company snapshot
- 10.10.4 Operating business segments
- 10.10.5 Product portfolio
- 10.10.6 Business performance
- 10.10.7 Key strategic moves and developments