Global Market Analysis of Smart Hospitality Management based on Market Size and Position forecasted during 2017-2022

Albany, New York, March 25, 2017: Smart hospitality is the call of today, with the increase in family income and living standard of people everyone go for smart and proficient hospitality that is the main driving factor for development in the smart hospitality market. To analyze the market development status and current scenario, Market Research Hub (MRH) has recently added a detailed report, titled as “Global Smart Hospitality Management Market Size, Status and Forecast 2022 to its vast repository. This report is mainly forecasted in the region of United States, Europe, Japan, China, India and Southeast Asia during 2017-2022. It also provides the analysis of the smart hospitality market related to its revenue and size, for the year 2012-2017.

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According to the study findings, Smart Hospitality management market is forecasted to grow at a substantial rate in the global market. Due to increase in the tourism industry, luxury demand and more inclination towards technology the more and more people are exposed to smart hospitality market that is forecasted in the coming years. Additionally, the constant increase in digitization across the world has also boosted its market growth. Due to the global presence of key market players, the market is more active that build competitive and strong smart hospitality management system.

Moving further in the report, the smart hospitality market is segmented as the following type:

  • Connected Guest Experience Management
  • Hotel Operation Management
  • Automation Management
  • Real-time Monitoring Management
  • Security Management System

Based on End users/Application it is divided into:

  • Hotels
  • Resorts
  • Luxury Yachts
  • Others

This research study firstly provides the industry overview based on market and product scope. It is further segmented in providing the market status and outlook for the above-provided regions. The research has analyzed market based on its size, type and application in the global scenario. It has provided competition analysis of the key players in the smart hospitality market based on their market concentration rate, product/service differences, new entrants and the technology trend in future. The analysis is concluded by showcasing the market effect in smart hospitality management based on technology progress/risk, substitutes, technology progress in related industry, consumer needs trend/customer preference and other external environment changes such as economic fluctuations and another risk.

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Currently, key players in the smart hospitality market are:

  • IBM
  • Cisco
  • Samsung
  • Wisuite
  • NEC
  • Oracle
  • Qualsoft
  • Honeywell

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