Global Hotel and Hospitality Management Software Market 2024-2028

Description

List of Tables

The hotel and hospitality management software market is forecasted to grow by USD 1.27 bn during 2023-2028, accelerating at a CAGR of 6.58% during the forecast period. The report on the hotel and hospitality management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by reduction in overall operational costs in hospitality businesses, increasing requirement for large-scale client management, and rising demand for mobility in hospitality sector.

Technavio's hotel and hospitality management software market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.4%
CAGR	6.58%
Incremental Value	$1.27bn

By Deployment

Cloud-based
On-premises

By Application

Business hotels
Heritage and boutique hotels
Resorts and spas

By Geographical Landscape

Europe
APAC
North America
Middle East and Africa
South America

This study identifies the rise in cloud integration in hotel and hospitality management systems as one of the prime reasons driving the hotel and hospitality management software market growth during the next few years. Also, increasing demand for social interaction and growing adoption by small-scale hotel and hospitality providers will lead to sizable demand in the market.

The report on the hotel and hospitality management software market covers the following areas:

Hotel and hospitality management software market sizing
Hotel and hospitality management software market forecast
Hotel and hospitality management software market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hotel and hospitality management software market vendors that include 360 Mango Solutions Pvt. Ltd., Amadeus IT Group SA, Ciirus Inc., Cisco Systems Inc., Cloudbeds, Guestline Ltd., Honeywell International Inc., Infor Inc., Johnson Controls, Microsoft Corp., NEC Corporation, Oracle Corp., Sabre Corp., Sage Group plc, Salesforce Inc., Schneider Electric SE, Siemens AG, SkyTouch Solutions LLC, StayNTouch Inc., WebRezPro PMS, and Workday Inc.. Also, the hotel and hospitality management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43784

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global hotel and hospitality management software market 2018 - 2022
4.2 Deployment Segment Analysis 2018 - 2022
4.3 Application Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Deployment

6.1 Market segments
6.2 Comparison by Deployment
6.3 Cloud-based - Market size and forecast 2023-2028
6.4 On-premises - Market size and forecast 2023-2028
6.5 Market opportunity by Deployment

7 Market Segmentation by Application

7.1 Market segments
7.2 Comparison by Application
7.3 Business hotels - Market size and forecast 2023-2028
7.4 Heritage and boutique hotels - Market size and forecast 2023-2028
7.5 Resorts and spas - Market size and forecast 2023-2028
7.6 Market opportunity by Application

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
9.4 APAC - Market size and forecast 2023-2028
9.5 North America - Market size and forecast 2023-2028
9.6 Middle East and Africa - Market size and forecast 2023-2028
9.7 South America - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 France - Market size and forecast 2023-2028
9.10 China - Market size and forecast 2023-2028
9.11 Spain - Market size and forecast 2023-2028
9.12 UK - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Amadeus IT Group SA
12.4 Ciirus Inc.
12.5 Cisco Systems Inc.
12.6 Cloudbeds
12.7 Honeywell International Inc.
12.8 Infor Inc.
12.9 Johnson Controls
12.10 NEC Corporation
12.11 Oracle Corp.
12.12 Sabre Corp.
12.13 Salesforce Inc.
12.14 Schneider Electric SE
12.15 Siemens AG
12.16 SkyTouch Solutions LLC
12.17 StayNTouch Inc.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations